Price for Video Recording or Reproducing Apparatus; Other than Magnetic Tape-Type in South Korea - 2022

Contents:

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

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

The average export price for video recording or reproducing apparatus; other than magnetic tape-types stood at $37 per unit in 2022, falling by -11.5% against the previous year. In general, the export price showed a abrupt descent. The pace of growth appeared the most rapid in 2014 a decrease of -5.9%. The export price peaked at $110 per unit in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Russia ($269 per unit), while the average price for exports to Brazil ($7.4 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 (+18.7%), while the prices for the other major destinations experienced more modest paces of growth.

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

The average import price for video recording or reproducing apparatus; other than magnetic tape-types stood at $77 per unit in 2022, standing approx. at the previous year. In general, the import price, however, continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2015 when the average import price increased by 16% against the previous year. The import price peaked at $93 per unit in 2016; however, from 2017 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was China ($91 per unit), while the price for Hong Kong SAR ($3.7 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+3.9%), while the prices for the other major suppliers experienced a decline.

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

Exports of video recording or reproducing apparatus; other than magnetic tape-types from South Korea contracted to 2.8M units in 2022, with a decrease of -13.8% against the year before. The total export volume increased at an average annual rate of +4.8% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2021 when exports increased by 44%. As a result, the exports attained the peak of 3.2M units, and then shrank in the following year.

In value terms, exports of video recording or reproducing apparatus; other than magnetic tape-types declined notably to $103M in 2022. Overall, exports showed a drastic downturn. The most prominent rate of growth was recorded in 2021 with an increase of 28%. Over the period under review, the exports of reached the maximum at $135M 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 South Korea (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Japan40.825.933.226.8-13.1%
United States18.519.230.419.92.5%
Mexico13.713.112.79.7-10.9%
United Arab Emirates3.21.83.45.016.0%
Philippines11.02.34.83.8-29.8%
South Africa0.51.03.32.979.7%
Saudi Arabia2.62.22.91.9-9.9%
United Kingdom2.92.13.01.9-13.1%
Kazakhstan0.1N/AN/A0.791.3%
BrazilN/AN/AN/A0.50%
Slovakia4.04.93.70.1-70.8%
Others38.133.137.729.8-7.9%
Total135106135103-8.6%

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

  1. Japan (1301.3K units)
  2. United States (406.7K units)
  3. Mexico (368.8K units)
  4. Philippines (91.2K units)
  5. United Kingdom (86.5K units)
  6. Brazil (70.7K units)
  7. South Africa (58.8K units)
  8. United Arab Emirates (53.4K units)
  9. Kazakhstan (46.2K units)
  10. Saudi Arabia (45.6K units)
  11. Slovakia (1.5K units)

Imports of Video Recording or Reproducing Apparatus; Other than Magnetic Tape-Type in South Korea

After three years of growth, purchases abroad of video recording or reproducing apparatus; other than magnetic tape-types decreased by -2.2% to 682K units in 2022. The total import volume increased at an average annual rate of +4.3% over the period from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations throughout the analyzed period. The most prominent rate of growth was recorded in 2020 with an increase of 8.2%. Over the period under review, imports of attained the maximum at 698K units in 2021, and then declined in the following year.

In value terms, imports of video recording or reproducing apparatus; other than magnetic tape-types fell slightly to $52M in 2022. The total import value increased at an average annual rate of +6.1% from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being observed in certain years. The most prominent rate of growth was recorded in 2021 with an increase of 15% against the previous year. As a result, imports reached the peak of $53M, and then contracted slightly in the following year.

Import of Video Recording or Reproducing Apparatus; Other than Magnetic Tape-Type in South Korea (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China35.033.843.739.74.3%
Vietnam3.42.33.57.630.8%
Taiwan (Chinese)1.21.31.51.57.7%
Japan1.20.50.50.7-16.4%
Hong Kong SAR0.1N/A0.1N/A0.0%
Others2.98.03.62.90.0%
Total43.846.053.052.46.2%

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

  1. China (438.1K units)
  2. Vietnam (123.9K units)
  3. Taiwan (Chinese) (74.9K units)
  4. Japan (12.0K units)
  5. Hong Kong SAR (11.4K units)

Source: IndexBox Market Intelligence Platform

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