Price for Video Recording or Reproducing Apparatus; Magnetic Tape-Type in Hong Kong SAR - 2023

Contents:

  1. Price for Video Recording or Reproducing Apparatus; Magnetic Tape-Type in Hong Kong SAR (FOB) - 2022
  2. Price for Video Recording or Reproducing Apparatus; Magnetic Tape-Type in Hong Kong SAR (CIF) - 2022
  3. Exports of Video Recording or Reproducing Apparatus; Magnetic Tape-Type in Hong Kong SAR
  4. Imports of Video Recording or Reproducing Apparatus; Magnetic Tape-Type in Hong Kong SAR

Price for Video Recording or Reproducing Apparatus; Magnetic Tape-Type in Hong Kong SAR (FOB) - 2022

The average export price for video recording or reproducing apparatus; magnetic tape-types stood at $11 per unit in 2022, with an increase of 65% against the previous year. In general, the export price, however, continues to indicate a abrupt shrinkage. The export price peaked at $85 per unit in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was France ($30 per unit), while the average price for exports to Canada ($1.8 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to France (+0.8%), while the prices for the other major destinations experienced mixed trend patterns.

Price for Video Recording or Reproducing Apparatus; Magnetic Tape-Type in Hong Kong SAR (CIF) - 2022

The average import price for video recording or reproducing apparatus; magnetic tape-types stood at $165 per unit in 2022, surging by 15% against the previous year. Overall, the import price, however, showed a abrupt curtailment. The most prominent rate of growth was recorded in 2017 an increase of 45% against the previous year. Over the period under review, average import prices attained the peak figure at $276 per unit in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Japan ($169 per unit), while the price for China totaled $137 per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (+4.8%), while the prices for the other major suppliers experienced a decline.

Exports of Video Recording or Reproducing Apparatus; Magnetic Tape-Type in Hong Kong SAR

For the third year in a row, Hong Kong SAR recorded decline in shipments abroad of video recording or reproducing apparatus; magnetic tape-types, which decreased by -87.2% to 13K units in 2022. Overall, exports faced a significant decrease. The smallest decline of -6.9% was in 2020. Over the period under review, the exports of reached the peak figure at 133K units in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

In value terms, exports of video recording or reproducing apparatus; magnetic tape-types reduced sharply to $151K in 2022. In general, exports saw a precipitous descent. The growth pace was the most rapid in 2021 when exports increased by 5.5%. Over the period under review, the exports of hit record highs at $958K in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

Export of Video Recording or Reproducing Apparatus; Magnetic Tape-Type in Hong Kong SAR (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States57537455871.4-50.1%
France28.13.612.635.17.7%
Mexico1.73.92.711.890.8%
Vietnam35.721.710.39.4-35.9%
Germany10.04.08.55.7-17.1%
Poland1.0N/A3.54.868.7%
China44.612.817.83.4-57.6%
Australia88.365.06.33.1-67.3%
Canada11.416.829.81.5-49.1%
United Kingdom55.586.77.30.7-76.7%
Others10786.555.63.6-67.7%
Total958675712151-46.0%

Top Export Markets for Video Recording or Reproducing Apparatus; Magnetic Tape-Type from Hong Kong SAR in 2022:

  1. United States (8.2K units)
  2. France (1.2K units)
  3. Canada (0.8K units)
  4. Mexico (0.7K units)
  5. Poland (0.5K units)
  6. Vietnam (0.5K units)
  7. Germany (0.4K units)
  8. United Kingdom (0.3K units)
  9. China (0.2K units)
  10. Australia (0.1K units)

Imports of Video Recording or Reproducing Apparatus; Magnetic Tape-Type in Hong Kong SAR

For the third consecutive year, Hong Kong SAR recorded decline in purchases abroad of video recording or reproducing apparatus; magnetic tape-types, which decreased by -64.8% to 142 units in 2022. In general, imports saw a significant contraction. The smallest decline of -29.4% was in 2021. Over the period under review, imports of attained the peak figure at 1.6K units in 2019; however, from 2020 to 2022, imports failed to regain momentum.

In value terms, imports of video recording or reproducing apparatus; magnetic tape-types dropped sharply to $23K in 2022. Overall, imports faced a precipitous decline. The smallest decline of -14.1% was in 2021. Over the period under review, imports of hit record highs at $224K in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

Import of Video Recording or Reproducing Apparatus; Magnetic Tape-Type in Hong Kong SAR (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Japan13431.743.021.1-46.0%
China70.528.612.72.3-68.0%
United Arab Emirates1.42.02.3N/A28.2%
Taiwan (Chinese)17.5N/AN/AN/A0%
Others0.25.1N/AN/A2450.0%
Total22467.557.923.4-52.9%

Top Suppliers of Video Recording or Reproducing Apparatus; Magnetic Tape-Type to Hong Kong SAR in 2022:

  1. Japan (125.0 units)
  2. China (17.0 units)

Source: IndexBox Market Intelligence Platform

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