Vietnam - Magnetic Media, Not Recorded, Except Cards With A Magnetic Stripe - Market Analysis, Forecast, Size, Trends and Insights
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View PricingMagnetic Media Price in Vietnam - 2022
Contents:
- Magnetic Media Price in Vietnam (CIF) - 2022
- Magnetic Media Price in Vietnam (FOB) - 2022
- Magnetic Media Imports in Vietnam
- Magnetic Media Exports in Vietnam
Magnetic Media Price in Vietnam (CIF) - 2022
In 2022, the average magnetic media import price amounted to $33 per unit, which is down by -7.1% against the previous year. Over the last decade, it increased at an average annual rate of +4.5%. The pace of growth appeared the most rapid in 2015 an increase of 31% against the previous year. As a result, import price attained the peak level of $36 per unit. From 2016 to 2022, the average import prices remained at a lower figure.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were Germany ($33 per unit) and Norway ($33 per unit), while the price for South Korea ($33 per unit) and Taiwan (Chinese) ($33 per unit) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Hungary (+7.3%), while the prices for the other major suppliers experienced more modest paces of growth.
Magnetic Media Price in Vietnam (FOB) - 2022
In 2022, the average magnetic media export price amounted to $38 per unit, falling by -10.3% against the previous year. Over the period under review, export price indicated a tangible expansion from 2012 to 2022: its price increased at an average annual rate of +3.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2020 an increase of 28% against the previous year. The export price peaked at $43 per unit in 2021, and then dropped in the following year.
Average prices varied noticeably for the major export markets. In 2022, amid the top suppliers, the highest price was recorded for prices to China ($39 per unit) and Hong Kong SAR ($38 per unit), while the average price for exports to Taiwan (Chinese) ($38 per unit) and Spain ($38 per unit) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Nigeria (+5.9%), while the prices for the other major destinations experienced more modest paces of growth.
Magnetic Media Imports in Vietnam
After two years of decline, supplies from abroad of magnetic media, not recorded, except cards with a magnetic stripe increased by 11% to 72K units in 2022. In general, imports, however, showed a dramatic downturn. Over the period under review, imports attained the peak figure at 279K units in 2019; however, from 2020 to 2022, imports remained at a lower figure.
In value terms, magnetic media imports expanded modestly to $2.4M in 2022. Over the period under review, imports, however, showed a significant contraction. Imports peaked at $9.3M in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.
Import of Magnetic Media in Vietnam (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Japan | 1,091 | 815 | 831 | 873 | -7.2% |
China | 1,707 | 762 | 168 | 459 | -35.5% |
India | 1,547 | 133 | 104 | 286 | -43.0% |
Malaysia | 7.2 | 11.4 | 26.4 | 219 | 212.2% |
France | 237 | 89.7 | 164 | 131 | -17.9% |
Germany | 96.6 | 96.1 | 70.7 | 119 | 7.2% |
Norway | 1,062 | 665 | 358 | 113 | -52.6% |
Taiwan (Chinese) | 830 | 35.0 | 49.2 | 70.9 | -56.0% |
South Korea | 710 | 187 | 241 | 4.2 | -81.9% |
Thailand | 863 | 17.6 | N/A | 2.7 | -85.4% |
Hong Kong SAR | 348 | 159 | N/A | N/A | -54.3% |
Others | 790 | 344 | 292 | 93.7 | -50.9% |
Total | 9,288 | 3,315 | 2,304 | 2,371 | -36.6% |
Top Suppliers of Magnetic Media to Vietnam in 2022:
- Japan (26.5K units)
- China (13.9K units)
- India (8.7K units)
- Malaysia (6.7K units)
- France (4.0K units)
- Germany (3.6K units)
- Norway (3.4K units)
- Taiwan (Chinese) (2.2K units)
- South Korea (0.1K units)
- Thailand (0.1K units)
Magnetic Media Exports in Vietnam
In 2022, after two years of decline, there was growth in overseas shipments of magnetic media, not recorded, except cards with a magnetic stripe, when their volume increased by 0.7% to 11K units. Over the period under review, exports, however, continue to indicate a dramatic downturn. Over the period under review, the exports hit record highs at 29K units in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.
In value terms, magnetic media exports dropped to $409K in 2022. In general, exports, however, showed a dramatic downturn. Over the period under review, the exports reached the peak figure at $943K in 2019; however, from 2020 to 2022, the exports failed to regain momentum.
Export of Magnetic Media in Vietnam (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
South Korea | 270 | 307 | 296 | 315 | 5.3% |
Myanmar | 45.3 | 16.3 | 0.7 | 47.6 | 1.7% |
Spain | N/A | N/A | N/A | 26.2 | 0% |
Taiwan (Chinese) | 3.6 | 22.9 | 6.1 | 7.3 | 26.6% |
Hong Kong SAR | N/A | 2.5 | 7.9 | 7.2 | 69.7% |
Japan | 40.3 | 18.4 | 2.6 | 1.5 | -66.6% |
Nigeria | 542 | 112 | 99.4 | N/A | -57.2% |
United States | 22.7 | 35.2 | N/A | N/A | 55.1% |
Costa Rica | N/A | 81.7 | N/A | N/A | 0% |
Others | 20.0 | 85.8 | 40.4 | 3.5 | -44.1% |
Total | 943 | 682 | 453 | 409 | -24.3% |
Top Export Markets for Magnetic Media from Vietnam in 2022:
- Japan (undefinedK units)
- South Korea (8.2K units)
- Myanmar (1.2K units)
- Spain (0.7K units)
- Taiwan (Chinese) (0.2K units)
- Hong Kong SAR (0.2K units)
This report provides an in-depth analysis of the magnetic media market in Vietnam. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 26801100 - Magnetic tapes and magnetic discs, unrecorded, for the recording of sound or of other phenomena
Country coverage:
- Vietnam
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Vietnam
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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