Price for Video Recording or Reproducing Apparatus; Magnetic Tape-Type in Canada - 2023
Contents:
- Price for Video Recording or Reproducing Apparatus; Magnetic Tape-Type in Canada (CIF) - 2022
- Price for Video Recording or Reproducing Apparatus; Magnetic Tape-Type in Canada (FOB) - 2022
- Imports of Video Recording or Reproducing Apparatus; Magnetic Tape-Type in Canada
- Exports of Video Recording or Reproducing Apparatus; Magnetic Tape-Type in Canada
Price for Video Recording or Reproducing Apparatus; Magnetic Tape-Type in Canada (CIF) - 2022
In 2022, the average import price for video recording or reproducing apparatus; magnetic tape-types amounted to $45 per unit, falling by -6% against the previous year. In general, the import price recorded a abrupt slump. The growth pace was the most rapid in 2015 when the average import price increased by 31% against the previous year. Over the period under review, average import prices hit record highs at $216 per unit in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Taiwan (Chinese) ($55 per unit), while the price for Japan ($31 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (-5.1%), while the prices for the other major suppliers experienced a decline.
Price for Video Recording or Reproducing Apparatus; Magnetic Tape-Type in Canada (FOB) - 2022
In 2022, the average export price for video recording or reproducing apparatus; magnetic tape-types amounted to $458 per unit, falling by -36.3% against the previous year. Over the period under review, the export price continues to indicate a deep setback. The most prominent rate of growth was recorded in 2019 when the average export price increased by 57%. As a result, the export price attained the peak level of $1,570 per unit. From 2020 to 2022, the average export prices failed to regain momentum.
As there is only one major export destination, the average price level is determined by prices for the United States.
From 2012 to 2022, the rate of growth in terms of prices for Cuba amounted to +0.6% per year.
Imports of Video Recording or Reproducing Apparatus; Magnetic Tape-Type in Canada
For the fourth consecutive year, Canada recorded growth in supplies from abroad of video recording or reproducing apparatus; magnetic tape-types, which increased by 15% to 34K units in 2022. In general, imports continue to indicate a significant increase. The most prominent rate of growth was recorded in 2020 when imports increased by 58% against the previous year. Over the period under review, imports of reached the peak figure in 2022 and are likely to see gradual growth in the near future.
In value terms, imports of video recording or reproducing apparatus; magnetic tape-types amounted to $1.5M in 2022. The total import value increased at an average annual rate of +1.8% over the period from 2019 to 2022; however, the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2021 when imports increased by 12% against the previous year. Imports peaked in 2022 and are likely to continue growth in years to come.
| Import of Video Recording or Reproducing Apparatus; Magnetic Tape-Type in Canada (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 849 | 746 | 792 | 625 | -9.7% |
| China | 462 | 432 | 365 | 420 | -3.1% |
| Mexico | 39.2 | 8.8 | 127 | 330 | 103.4% |
| Others | 68.2 | 60.4 | 106 | 123 | 21.7% |
| Total | 1,418 | 1,247 | 1,390 | 1,498 | 1.8% |
Top Suppliers of Video Recording or Reproducing Apparatus; Magnetic Tape-Type to Canada in 2022:
- United States (13.3K units)
- China (12.2K units)
- Mexico (6.7K units)
Exports of Video Recording or Reproducing Apparatus; Magnetic Tape-Type in Canada
In 2022, exports of video recording or reproducing apparatus; magnetic tape-types from Canada soared to 438 units, jumping by 96% compared with 2021 figures. In general, exports posted a significant expansion. The most prominent rate of growth was recorded in 2021 when exports increased by 315%. The exports peaked in 2022 and are likely to see steady growth in the immediate term.
In value terms, exports of video recording or reproducing apparatus; magnetic tape-types surged to $201K in 2022. Over the period under review, exports showed resilient growth. The most prominent rate of growth was recorded in 2021 with an increase of 202%. The exports peaked in 2022 and are likely to see steady growth in years to come.
| Export of Video Recording or Reproducing Apparatus; Magnetic Tape-Type in Canada (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 116 | 52.9 | 145 | 192 | 18.3% |
| Others | 32.7 | 0.4 | 16.5 | 9.1 | -34.7% |
| Total | 149 | 53.3 | 161 | 201 | 10.5% |
Top Export Markets for Video Recording or Reproducing Apparatus; Magnetic Tape-Type from Canada in 2022:
- United States (437.0 units)
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