Price for Video Recording or Reproducing Apparatus; Other than Magnetic Tape-Type in the United States - 2023
Contents:
- Price for Video Recording or Reproducing Apparatus; Other than Magnetic Tape-Type in the United States (CIF) - 2023
- Price for Video Recording or Reproducing Apparatus; Other than Magnetic Tape-Type in the United States (FOB) - 2022
- Imports of Video Recording or Reproducing Apparatus; Other than Magnetic Tape-Type in the United States
- Exports of Video Recording or Reproducing Apparatus; Other than Magnetic Tape-Type in the United States
Price for Video Recording or Reproducing Apparatus; Other than Magnetic Tape-Type in the United States (CIF) - 2023
The average import price for video recording or reproducing apparatus; other than magnetic tape-types stood at $85.9 per unit in December 2023, reducing by -18.9% against the previous month. Overall, the import price saw a pronounced contraction. The pace of growth appeared the most rapid in May 2023 an increase of 30% m-o-m. As a result, import price reached the peak level of $138 per unit. From June 2023 to December 2023, the average import prices remained at a somewhat lower figure.
There were significant differences in the average prices amongst the major supplying countries. In December 2023, the country with the highest price was Vietnam ($236 per unit), while the price for the Philippines ($41.5 per unit) was amongst the lowest.
From December 2022 to December 2023, the most notable rate of growth in terms of prices was attained by Vietnam (+3.3%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Video Recording or Reproducing Apparatus; Other than Magnetic Tape-Type in the United States (FOB) - 2022
The average export price for video recording or reproducing apparatus; other than magnetic tape-types stood at $233 per unit in 2022, which is down by -3.6% against the previous year. Over the period under review, export price indicated notable growth from 2012 to 2022: its price increased at an average annual rate of +4.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for video recording or reproducing apparatus; other than magnetic tape-types increased by +10.3% against 2018 indices. The pace of growth was the most pronounced in 2016 an increase of 21% against the previous year. As a result, the export price reached the peak level of $261 per unit. From 2017 to 2022, the average export prices remained at a somewhat lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Hong Kong SAR ($902 per unit), while the average price for exports to Paraguay ($53 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 Hong Kong SAR (+31.2%), 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 the United States
For the third year in a row, the United States recorded decline in supplies from abroad of video recording or reproducing apparatus; other than magnetic tape-types, which decreased by -14.5% to 6.1M units in 2022. Overall, imports showed a deep downturn. The smallest decline of -1.5% was in 2021. Over the period under review, imports of hit record highs at 10M 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; other than magnetic tape-types contracted slightly to $623M in 2022. In general, imports saw a abrupt decrease. The most prominent rate of growth was recorded in 2021 with an increase of 7.1% against the previous year. Over the period under review, imports of hit record highs at $825M in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.
| Import of Video Recording or Reproducing Apparatus; Other than Magnetic Tape-Type in the United States (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 391 | 244 | 262 | 217 | -17.8% |
| Taiwan (Chinese) | 47.0 | 53.2 | 63.5 | 88.3 | 23.4% |
| Malaysia | 103 | 90.6 | 76.8 | 64.9 | -14.3% |
| Mexico | 5.0 | 11.3 | 15.6 | 16.9 | 50.1% |
| Vietnam | 4.8 | 4.9 | 8.2 | 15.8 | 48.8% |
| Philippines | 36.2 | 24.0 | 18.3 | 15.4 | -24.8% |
| Indonesia | 12.6 | 14.3 | 11.6 | 10.9 | -4.7% |
| Others | 225 | 153 | 182 | 194 | -4.8% |
| Total | 825 | 596 | 638 | 623 | -8.9% |
Top Suppliers of Video Recording or Reproducing Apparatus; Other than Magnetic Tape-Type to the United States in 2022:
- China (3954.9K units)
- Malaysia (945.4K units)
- Taiwan (Chinese) (431.8K units)
- Philippines (213.8K units)
- Indonesia (126.7K units)
- Mexico (111.2K units)
- Vietnam (96.9K units)
Exports of Video Recording or Reproducing Apparatus; Other than Magnetic Tape-Type in the United States
In 2022, shipments abroad of video recording or reproducing apparatus; other than magnetic tape-types increased by 1.6% to 722K units for the first time since 2019, thus ending a two-year declining trend. Overall, exports, however, continue to indicate a abrupt downturn. The exports peaked at 1M 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 shrank slightly to $169M in 2022. Over the period under review, exports, however, recorded a abrupt decline. The growth pace was the most rapid in 2021 when exports increased by 2.2% against the previous year. Over the period under review, the exports of hit record highs at $230M in 2019; however, from 2020 to 2022, the exports remained at a lower figure.
| Export of Video Recording or Reproducing Apparatus; Other than Magnetic Tape-Type in the United States (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Canada | 72.9 | 58.8 | 62.1 | 64.4 | -4.0% |
| Mexico | 48.5 | 30.1 | 22.5 | 16.4 | -30.3% |
| United Kingdom | 9.4 | 5.4 | 6.3 | 7.7 | -6.4% |
| Dominican Republic | 3.0 | 1.0 | 8.1 | 3.0 | 0.0% |
| Peru | 2.0 | 1.4 | 1.4 | 2.6 | 9.1% |
| Honduras | 1.8 | 1.0 | 2.0 | 2.3 | 8.5% |
| Guatemala | 1.4 | 0.5 | 0.8 | 2.3 | 18.0% |
| Paraguay | 0.2 | 0.5 | 1.6 | 1.2 | 81.7% |
| Others | 90.5 | 69.7 | 67.4 | 68.8 | -8.7% |
| Total | 230 | 168 | 172 | 169 | -9.8% |
Top Export Markets for Video Recording or Reproducing Apparatus; Other than Magnetic Tape-Type from the United States in 2022:
- Canada (415.0K units)
- Mexico (84.3K units)
- Paraguay (22.2K units)
- Guatemala (21.4K units)
- Honduras (14.9K units)
- United Kingdom (13.8K units)
- Dominican Republic (13.2K units)
- Peru (13.1K units)
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