Price for Video Recording or Reproducing Apparatus; Magnetic Tape-Type in the United States - 2023

Contents:

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

Price for Video Recording or Reproducing Apparatus; Magnetic Tape-Type in the United States (FOB) - 2022

The average export price for video recording or reproducing apparatus; magnetic tape-types stood at $1,131 per unit in 2022, reducing by -1.8% against the previous year. Overall, the export price recorded a pronounced decline. The pace of growth was the most pronounced in 2017 an increase of 39%. The export price peaked at $1,515 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 Switzerland ($2,041 per unit), while the average price for exports to Venezuela ($413 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 Germany (+10.2%), while the prices for the other major destinations experienced more modest paces of growth.

Price for Video Recording or Reproducing Apparatus; Magnetic Tape-Type in the United States (CIF) - 2022

In 2022, the average import price for video recording or reproducing apparatus; magnetic tape-types amounted to $514 per unit, increasing by 41% against the previous year. Over the period under review, the import price, however, continues to indicate a perceptible descent. The most prominent rate of growth was recorded in 2016 an increase of 45%. Over the period under review, average import prices attained the maximum at $799 per unit in 2013; however, from 2014 to 2022, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Japan ($2,495 per unit), while the price for Malaysia ($62 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+11.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Exports of Video Recording or Reproducing Apparatus; Magnetic Tape-Type in the United States

In 2022, overseas shipments of video recording or reproducing apparatus; magnetic tape-types decreased by -20.4% to 5.7K units, falling for the second consecutive year after two years of growth. The total export volume increased at an average annual rate of +1.8% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2020 when exports increased by 39% against the previous year. As a result, the exports attained the peak of 7.5K units. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.

In value terms, exports of video recording or reproducing apparatus; magnetic tape-types declined dramatically to $6.4M in 2022. Overall, exports continue to indicate a noticeable slump. The pace of growth appeared the most rapid in 2020 when exports increased by 29%. As a result, the exports attained the peak of $9M. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.

Export of Video Recording or Reproducing Apparatus; Magnetic Tape-Type in the United States (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United Kingdom6062,9041,0861,04419.9%
Canada1,4789941,0641,014-11.8%
Netherlands16878.025098080.0%
Germany65.01,594604556104.5%
Singapore15068.115455454.6%
China65241214.5268-25.6%
Switzerland20781.21622678.9%
Mexico1,146419346243-40.4%
Australia273285290172-14.3%
Colombia25.237.93,08911465.4%
Venezuela3.84.416.787.5184.5%
France29810341.5N/A-62.7%
Others1,8601,9931,0741,101-16.0%
Total6,9318,9738,1926,401-2.6%

Top Export Markets for Video Recording or Reproducing Apparatus; Magnetic Tape-Type from the United States in 2022:

  1. Canada (1406.0 units)
  2. Netherlands (963.0 units)
  3. United Kingdom (858.0 units)
  4. Singapore (459.0 units)
  5. Germany (433.0 units)
  6. China (214.0 units)
  7. Venezuela (212.0 units)
  8. Mexico (167.0 units)
  9. Switzerland (131.0 units)
  10. Colombia (106.0 units)
  11. Australia (99.0 units)

Imports of Video Recording or Reproducing Apparatus; Magnetic Tape-Type in the United States

In 2022, approx. 4.5K units of video recording or reproducing apparatus; magnetic tape-types were imported into the United States; falling by -20.8% against 2021 figures. In general, imports recorded a dramatic curtailment. The pace of growth was the most pronounced in 2021 with an increase of 59%. Over the period under review, imports of attained the maximum at 13K units in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

In value terms, imports of video recording or reproducing apparatus; magnetic tape-types expanded sharply to $2.3M in 2022. Over the period under review, imports recorded a sharp reduction. The pace of growth was the most pronounced in 2021 with an increase of 26% against the previous year. Over the period under review, imports of reached the peak figure at $4.7M in 2019; however, from 2020 to 2022, imports remained at a lower figure.

Import of Video Recording or Reproducing Apparatus; Magnetic Tape-Type in the United States (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China2,3907131,364633-35.8%
Taiwan (Chinese)66.7154203583106.0%
United Kingdom3.555.421.8249314.4%
Japan1,626170329152-54.6%
Canada52.728.549.813436.5%
Germany70.712.8N/A58.0-6.4%
MalaysiaN/A3.0N/A16.9137.3%
South Korea92.888.8N/AN/A-4.3%
Others4274271094945.0%
Total4,7301,6532,0772,321-21.1%

Top Suppliers of Video Recording or Reproducing Apparatus; Magnetic Tape-Type to the United States in 2022:

  1. Taiwan (Chinese) (1884.0 units)
  2. China (1789.0 units)
  3. Malaysia (273.0 units)
  4. United Kingdom (198.0 units)
  5. Canada (107.0 units)
  6. Germany (99.0 units)
  7. Japan (61.0 units)

Source: IndexBox Market Intelligence Platform

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