Price for Video Recording or Reproducing Apparatus; Other than Magnetic Tape-Type in Hong Kong SAR - 2023
Contents:
- Price for Video Recording or Reproducing Apparatus; Other than Magnetic Tape-Type in Hong Kong SAR (CIF) - 2023
- Price for Video Recording or Reproducing Apparatus; Other than Magnetic Tape-Type in Hong Kong SAR (FOB) - 2022
- Imports of Video Recording or Reproducing Apparatus; Other than Magnetic Tape-Type in Hong Kong SAR
- Exports of Video Recording or Reproducing Apparatus; Other than Magnetic Tape-Type in Hong Kong SAR
Price for Video Recording or Reproducing Apparatus; Other than Magnetic Tape-Type in Hong Kong SAR (CIF) - 2023
The average import price for video recording or reproducing apparatus; other than magnetic tape-types stood at $84.8 per unit in October 2023, increasing by 3% against the previous month. Overall, the import price, however, saw a relatively flat trend pattern. The pace of growth appeared the most rapid in April 2023 when the average import price increased by 87% against the previous month. As a result, import price attained the peak level of $106 per unit. From May 2023 to October 2023, the average import prices remained at a lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was Taiwan (Chinese) ($102 per unit), while the price for the United States ($6.1 per unit) was amongst the lowest.
From October 2022 to October 2023, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (+3.1%), while the prices for the other major suppliers experienced a decline.
Price for Video Recording or Reproducing Apparatus; Other than Magnetic Tape-Type in Hong Kong SAR (FOB) - 2022
The average export price for video recording or reproducing apparatus; other than magnetic tape-types stood at $35 per unit in 2022, reducing by -25.9% against the previous year. Over the period under review, the export price showed a abrupt decrease. The growth pace was the most rapid in 2017 when the average export price increased by 23% against the previous year. Over the period under review, the average export prices reached the maximum at $64 per unit in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.
There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Germany ($92 per unit), while the average price for exports to Canada ($11 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 Russia (+17.5%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Video Recording or Reproducing Apparatus; Other than Magnetic Tape-Type in Hong Kong SAR
Imports of video recording or reproducing apparatus; other than magnetic tape-types into Hong Kong SAR shrank modestly to 823K units in 2022, standing approx. at 2021 figures. Overall, imports showed a deep contraction. Over the period under review, imports of attained the maximum at 1.5M units in 2019; however, from 2020 to 2022, imports remained at a lower figure.
In value terms, imports of video recording or reproducing apparatus; other than magnetic tape-types amounted to $75M in 2022. In general, imports showed a precipitous decline. Over the period under review, imports of hit record highs at $168M in 2019; however, from 2020 to 2022, imports remained at a lower figure.
| Import of Video Recording or Reproducing Apparatus; Other than Magnetic Tape-Type in Hong Kong SAR (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 157 | 80.5 | 55.1 | 53.7 | -30.1% |
| Taiwan (Chinese) | 0.8 | 3.4 | 8.0 | 8.1 | 116.3% |
| United States | 2.1 | 0.7 | 1.9 | 7.9 | 55.5% |
| Others | 7.7 | 5.3 | 4.5 | 5.0 | -13.4% |
| Total | 168 | 89.8 | 69.5 | 74.7 | -23.7% |
Top Suppliers of Video Recording or Reproducing Apparatus; Other than Magnetic Tape-Type to Hong Kong SAR in 2022:
- China (472.3K units)
- United States (198.5K units)
- Taiwan (Chinese) (115.5K units)
Exports of Video Recording or Reproducing Apparatus; Other than Magnetic Tape-Type in Hong Kong SAR
In 2022, approx. 1.4M units of video recording or reproducing apparatus; other than magnetic tape-types were exported from Hong Kong SAR; reducing by -32.1% against the previous year's figure. Overall, exports continue to indicate a sharp curtailment. The smallest decline of -5.5% was in 2021. Over the period under review, the exports of attained the peak figure at 3.3M units in 2019; however, from 2020 to 2022, the exports remained at a lower figure.
In value terms, exports of video recording or reproducing apparatus; other than magnetic tape-types contracted notably to $48M in 2022. In general, exports showed a precipitous descent. The most prominent rate of growth was recorded in 2021 when exports increased by 7.9% against the previous year. Over the period under review, the exports of reached the peak figure at $151M in 2019; however, from 2020 to 2022, the exports failed to regain momentum.
| Export of Video Recording or Reproducing Apparatus; Other than Magnetic Tape-Type in Hong Kong SAR (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 49.3 | 25.1 | 35.7 | 18.5 | -27.9% |
| China | 37.3 | 23.8 | 16.5 | 3.1 | -56.4% |
| Australia | 6.9 | 4.8 | 3.8 | 2.5 | -28.7% |
| Germany | 11.0 | 3.8 | 4.7 | 2.5 | -39.0% |
| United Kingdom | 1.6 | 1.4 | 1.6 | 2.4 | 14.5% |
| Japan | 5.2 | 4.8 | 13.2 | 2.1 | -26.1% |
| France | 3.2 | 1.6 | 1.9 | 1.5 | -22.3% |
| Canada | 2.2 | 0.4 | 0.8 | 1.0 | -23.1% |
| Belgium | 0.1 | 0.2 | 0.4 | 0.7 | 91.3% |
| Netherlands | 3.2 | 0.5 | 0.9 | 0.6 | -42.8% |
| Turkey | 0.6 | 0.6 | 0.5 | 0.1 | -45.0% |
| Others | 30.4 | 20.6 | 14.9 | 12.8 | -25.0% |
| Total | 151 | 87.8 | 94.7 | 47.7 | -31.9% |
Top Export Markets for Video Recording or Reproducing Apparatus; Other than Magnetic Tape-Type from Hong Kong SAR in 2022:
- United States (486.8K units)
- Australia (212.6K units)
- United Kingdom (121.9K units)
- Canada (89.5K units)
- Belgium (53.5K units)
- China (47.4K units)
- Japan (44.9K units)
- France (29.7K units)
- Germany (27.4K units)
- Netherlands (11.6K units)
- Turkey (3.9K units)
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