U.S. - 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 the United States - 2023
Contents:
- Magnetic Media Price in the United States (CIF) - 2022
- Magnetic Media Price in the United States (FOB) - 2022
- Magnetic Media Imports in the United States
- Magnetic Media Exports in the United States
Magnetic Media Price in the United States (CIF) - 2022
In 2022, the average magnetic media import price amounted to $19 per unit, rising by 13% against the previous year. Over the period under review, the import price posted strong growth. The growth pace was the most rapid in 2017 when the average import price increased by 69%. The import price peaked in 2022 and is expected to retain growth in the near future.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Japan ($29 per unit), while the price for Indonesia ($0.1 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+34.7%), while the prices for the other major suppliers experienced more modest paces of growth.
Magnetic Media Price in the United States (FOB) - 2022
In 2022, the average magnetic media export price amounted to $18 per unit, waning by -21.7% against the previous year. Overall, the export price, however, enjoyed buoyant growth. The growth pace was the most rapid in 2013 an increase of 49%. Over the period under review, the average export prices attained the maximum at $27 per unit in 2020; however, from 2021 to 2022, the export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Australia ($25 per unit), while the average price for exports to New Zealand ($3 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 Mexico (+12.9%), while the prices for the other major destinations experienced more modest paces of growth.
Magnetic Media Imports in the United States
In 2022, the amount of magnetic media, not recorded, except cards with a magnetic stripe imported into the United States dropped markedly to 11M units, with a decrease of -23.9% against the previous year. Overall, imports faced a drastic downturn. The smallest decline of -0.6% was in 2020. Imports peaked at 22M units in 2019; however, from 2020 to 2022, imports failed to regain momentum.
In value terms, magnetic media imports fell to $214M in 2022. Over the period under review, imports saw a abrupt descent. The pace of growth appeared the most rapid in 2021 with an increase of 12%. Over the period under review, imports hit record highs at $255M in 2019; however, from 2020 to 2022, imports failed to regain momentum.
Import of Magnetic Media in the United States (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Japan | 234 | 206 | 229 | 198 | -5.4% |
Canada | 0.6 | 0.5 | 1.0 | 1.8 | 44.2% |
Bolivia | 0.2 | 0.2 | 1.3 | 1.6 | 100.0% |
France | 1.8 | 1.1 | 1.7 | 1.5 | -5.9% |
United Kingdom | 2.9 | 2.0 | 2.4 | 1.3 | -23.5% |
Singapore | 1.9 | 1.4 | 1.8 | 0.9 | -22.0% |
China | 6.3 | 5.0 | 3.8 | 0.7 | -51.9% |
Indonesia | N/A | 0.3 | 0.2 | 0.3 | 0.0% |
Others | 6.6 | 7.0 | 8.5 | 8.6 | 9.2% |
Total | 255 | 223 | 250 | 214 | -5.7% |
Top Suppliers of Magnetic Media to the United States in 2022:
- Japan (6.9M units)
- Indonesia (2.3M units)
- Bolivia (0.5M units)
- Canada (0.3M units)
- Singapore (0.2M units)
- France (0.2M units)
- United Kingdom (0.2M units)
- China (0.1M units)
Magnetic Media Exports in the United States
In 2022, the amount of magnetic media, not recorded, except cards with a magnetic stripe exported from the United States soared to 9.7M units, surging by 40% compared with the previous year. Overall, total exports indicated a tangible increase from 2019 to 2022: its volume increased at an average annual rate of +2.9% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +81.0% against 2020 indices. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, magnetic media exports expanded markedly to $174M in 2022. In general, exports, however, recorded a deep setback. The growth pace was the most rapid in 2021 with an increase of 11% against the previous year. The exports peaked at $204M in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.
Export of Magnetic Media in the United States (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Mexico | 54.9 | 23.8 | 49.3 | 43.9 | -7.2% |
Japan | 5.3 | 6.7 | 4.4 | 18.7 | 52.2% |
Netherlands | 38.4 | 26.0 | 19.3 | 16.5 | -24.5% |
Germany | 11.8 | 6.4 | 9.1 | 13.8 | 5.4% |
Canada | 16.9 | 12.9 | 17.3 | 12.1 | -10.5% |
Hong Kong SAR | 6.7 | 2.1 | 7.0 | 9.4 | 11.9% |
Australia | 3.0 | 5.9 | 2.1 | 5.8 | 24.6% |
India | 3.7 | 3.1 | 2.7 | 4.0 | 2.6% |
Singapore | 5.8 | 1.7 | 3.2 | 3.8 | -13.1% |
Peru | 1.0 | 0.6 | 1.3 | 3.6 | 53.3% |
Brazil | 4.8 | 2.6 | 3.6 | 3.5 | -10.0% |
Italy | 0.2 | 0.7 | 0.7 | 1.8 | 108.0% |
New Zealand | 0.1 | N/A | 0.2 | 0.6 | 81.7% |
Others | 52.0 | 51.3 | 39.4 | 36.6 | -11.0% |
Total | 204 | 144 | 159 | 174 | -5.2% |
Top Export Markets for Magnetic Media from the United States in 2022:
- Mexico (2300.3K units)
- Netherlands (983.0K units)
- Japan (956.5K units)
- Canada (922.8K units)
- Germany (879.9K units)
- Hong Kong SAR (615.3K units)
- Singapore (254.5K units)
- Brazil (234.3K units)
- Australia (229.3K units)
- Italy (225.9K units)
- India (223.6K units)
- New Zealand (212.6K units)
- Peru (147.8K units)
This report provides an in-depth analysis of the magnetic media market in the U.S.. 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:
- United States
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in the U.S.
- 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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