Price for Video Recording or Reproducing Apparatus; Other than Magnetic Tape-Type in South Africa - 2023

Contents:

1. Price for Video Recording or Reproducing Apparatus; Other than Magnetic Tape-Type in South Africa (CIF) - 2023
2. Price for Video Recording or Reproducing Apparatus; Other than Magnetic Tape-Type in South Africa (FOB) - 2022
3. Imports of Video Recording or Reproducing Apparatus; Other than Magnetic Tape-Type in South Africa
4. Exports of Video Recording or Reproducing Apparatus; Other than Magnetic Tape-Type in South Africa

Price for Video Recording or Reproducing Apparatus; Other than Magnetic Tape-Type in South Africa (CIF) - 2023

In December 2023, the average import price for video recording or reproducing apparatus; other than magnetic tape-types amounted to $39.7 per unit, reducing by -42.4% against the previous month. Over the period under review, the import price continues to indicate a perceptible decline. The pace of growth appeared the most rapid in February 2023 when the average import price increased by 287% against the previous month. As a result, import price attained the peak level of $265 per unit. From March 2023 to December 2023, the average import prices remained at a somewhat lower figure.

As there is only one major supplying country, the average price level is determined by prices for China.

From December 2022 to December 2023, the rate of growth in terms of prices for China amounted to -2.3% per month.

Price for Video Recording or Reproducing Apparatus; Other than Magnetic Tape-Type in South Africa (FOB) - 2022

In 2022, the average export price for video recording or reproducing apparatus; other than magnetic tape-types amounted to $124 per unit, increasing by 21% against the previous year. Over the period under review, the export price showed a strong increase. The pace of growth was the most pronounced in 2015 an increase of 43% against the previous year. Over the period under review, the average export prices attained the peak figure in 2022 and is likely to see steady growth in the near future.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Mauritius ($256 per unit), while the average price for exports to Swaziland ($42 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 Lesotho (+19.9%), 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 South Africa

For the third consecutive year, South Africa recorded decline in supplies from abroad of video recording or reproducing apparatus; other than magnetic tape-types, which decreased by -43.7% to 275K units in 2022. Overall, imports saw a precipitous decline. The smallest decline of -24.8% was in 2021. Imports peaked at 1.1M 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 declined notably to $19M in 2022. In general, imports saw a abrupt shrinkage. The most prominent rate of growth was recorded in 2021 with an increase of 42% against the previous year. As a result, imports reached the peak of $28M, and then fell rapidly in the following year.

Top Suppliers of Video Recording or Reproducing Apparatus; Other than Magnetic Tape-Type to South Africa in 2022:

1. China (269.2K units)

Exports of Video Recording or Reproducing Apparatus; Other than Magnetic Tape-Type in South Africa

For the third consecutive year, South Africa recorded decline in shipments abroad of video recording or reproducing apparatus; other than magnetic tape-types, which decreased by -30.6% to 10K units in 2022. In general, exports continue to indicate a dramatic curtailment. Over the period under review, the exports of attained the peak figure at 40K 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; other than magnetic tape-types dropped remarkably to $1.3M in 2022. Over the period under review, exports showed a sharp decline. The smallest decline of -7.1% was in 2020. The exports peaked at $3.1M in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

Top Export Markets for Video Recording or Reproducing Apparatus; Other than Magnetic Tape-Type from South Africa in 2022:

1. Botswana (2231.0 units)
2. Swaziland (1789.0 units)
3. Namibia (1253.0 units)
4. Lesotho (1070.0 units)
5. Mozambique (808.0 units)
6. Tanzania (654.0 units)
7. Zimbabwe (385.0 units)
8. Mauritius (320.0 units)
9. United Kingdom (314.0 units)
10. Malawi (295.0 units)
11. Zambia (242.0 units)
12. Angola (117.0 units)

Source: IndexBox Market Intelligence Platform