Price for Optical Media; Recorded, Excluding Products of Chapter 37 in Mexico - 2023
Contents:
- Price for Optical Media; Recorded, Excluding Products of Chapter 37 in Mexico (FOB) - 2023
- Price for Optical Media; Recorded, Excluding Products of Chapter 37 in Mexico (CIF) - 2022
- Exports of Optical Media; Recorded, Excluding Products of Chapter 37 in Mexico
- Imports of Optical Media; Recorded, Excluding Products of Chapter 37 in Mexico
Price for Optical Media; Recorded, Excluding Products of Chapter 37 in Mexico (FOB) - 2023
In December 2023, the average export price for optical media; recorded, excluding products of chapter 37s amounted to $758 per thousand units, remaining constant against the previous month. Overall, the export price, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in August 2023 when the average export price increased by 14% month-to-month. As a result, the export price attained the peak level of $0.9 per unit. From September 2023 to December 2023, the the average export prices failed to regain momentum.
As there is only one major export destination, the average price level is determined by prices for the United States.
From December 2022 to December 2023, the rate of growth in terms of prices for the United States amounted to +0.4% per month.
Price for Optical Media; Recorded, Excluding Products of Chapter 37 in Mexico (CIF) - 2022
The average import price for optical media; recorded, excluding products of chapter 37s stood at $6.2 per unit in 2022, picking up by 14% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +6.5%. The growth pace was the most rapid in 2013 an increase of 43% against the previous year. The import price peaked in 2022 and is expected to retain growth in the immediate term.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Austria ($20 per unit), while the price for the United States ($4.6 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+11.0%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Optical Media; Recorded, Excluding Products of Chapter 37 in Mexico
In 2022, the amount of optical media; recorded, excluding products of chapter 37s exported from Mexico reached 19M units, picking up by 7.1% compared with the year before. Overall, exports enjoyed a significant increase. The pace of growth was the most pronounced in 2021 when exports increased by 163%. The exports peaked in 2022 and are likely to see gradual growth in the near future.
In value terms, exports of optical media; recorded, excluding products of chapter 37s declined rapidly to $214M in 2022. Over the period under review, exports, however, saw a abrupt curtailment. The pace of growth was the most pronounced in 2021 when exports increased by 34%. As a result, the exports reached the peak of $259M, and then shrank remarkably in the following year.
| Export of Optical Media; Recorded, Excluding Products of Chapter 37 in Mexico (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 248 | 191 | 258 | 213 | -4.9% |
| Others | 4.2 | 2.2 | 1.1 | 0.8 | -42.5% |
| Total | 252 | 193 | 259 | 214 | -5.3% |
Top Export Markets for Optical Media; Recorded, Excluding Products of Chapter 37 from Mexico in 2022:
- United States (19.1M units)
Imports of Optical Media; Recorded, Excluding Products of Chapter 37 in Mexico
For the third consecutive year, Mexico recorded decline in overseas purchases of optical media; recorded, excluding products of chapter 37s, which decreased by -11.3% to 14M units in 2022. Overall, imports faced a deep reduction. The smallest decline of -9.1% was in 2021. Over the period under review, imports of hit record highs at 27M units in 2019; however, from 2020 to 2022, imports failed to regain momentum.
In value terms, imports of optical media; recorded, excluding products of chapter 37s reached $90M in 2022. Over the period under review, imports faced a deep setback. Over the period under review, imports of reached the maximum at $148M in 2019; however, from 2020 to 2022, imports failed to regain momentum.
| Import of Optical Media; Recorded, Excluding Products of Chapter 37 in Mexico (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 121 | 83.6 | 72.4 | 59.1 | -21.2% |
| Austria | 0.7 | 0.3 | 0.2 | 14.7 | 175.9% |
| Germany | 7.1 | 4.0 | 6.2 | 4.7 | -12.8% |
| China | 5.8 | 1.9 | 1.0 | 1.4 | -37.7% |
| Others | 13.4 | 10.7 | 9.8 | 10.3 | -8.4% |
| Total | 148 | 100 | 89.6 | 90.2 | -15.2% |
Top Suppliers of Optical Media; Recorded, Excluding Products of Chapter 37 to Mexico in 2022:
- United States (12.9M units)
- Austria (0.7M units)
- Germany (0.3M units)
- China (0.2M units)
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