Price for Optical Media; Recorded, Excluding Products of Chapter 37 in Norway - 2024
Contents:
- Price for Optical Media; Recorded, Excluding Products of Chapter 37 in Norway (CIF) - 2024
- Price for Optical Media; Recorded, Excluding Products of Chapter 37 in Norway (FOB) - 2022
- Imports of Optical Media; Recorded, Excluding Products of Chapter 37 in Norway
- Exports of Optical Media; Recorded, Excluding Products of Chapter 37 in Norway
Price for Optical Media; Recorded, Excluding Products of Chapter 37 in Norway (CIF) - 2024
The average import price for optical media; recorded, excluding products of chapter 37s stood at $144 per unit in January 2024, picking up by 644% against the previous month. Over the period under review, the import price enjoyed a significant expansion. As a result, import price reached the peak level and is likely to continue growth in the immediate term.
There were significant differences in the average prices amongst the major supplying countries. In January 2024, the country with the highest price was Australia ($57.8 per unit), while the price for Sweden ($5.6 per unit) was amongst the lowest.
From February 2023 to January 2024, the most notable rate of growth in terms of prices was attained by Austria (+10.6%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Optical Media; Recorded, Excluding Products of Chapter 37 in Norway (FOB) - 2022
The average export price for optical media; recorded, excluding products of chapter 37s stood at $200 per unit in 2022, growing by 3.2% against the previous year. Over the period under review, export price indicated measured growth from 2012 to 2022: its price increased at an average annual rate of +2.5% 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 optical media; recorded, excluding products of chapter 37s decreased by -33.7% against 2019 indices. The most prominent rate of growth was recorded in 2019 when the average export price increased by 58%. As a result, the export price attained the peak level of $302 per unit. From 2020 to 2022, the average export prices failed to regain momentum.
There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Sweden ($343 per unit), while the average price for exports to the Netherlands ($52 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 the United States (+23.8%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Optical Media; Recorded, Excluding Products of Chapter 37 in Norway
For the third consecutive year, Norway recorded decline in purchases abroad of optical media; recorded, excluding products of chapter 37s, which decreased by -25.4% to 1.9M units in 2022. Over the period under review, imports saw a precipitous curtailment. The smallest decline of -23.2% was in 2020. Over the period under review, imports of hit record highs at 4.6M units in 2019; however, from 2020 to 2022, imports remained at a lower figure.
In value terms, imports of optical media; recorded, excluding products of chapter 37s contracted to $31M in 2022. Overall, imports recorded a sharp slump. Over the period under review, imports of attained the peak figure at $65M in 2019; however, from 2020 to 2022, imports failed to regain momentum.
| Import of Optical Media; Recorded, Excluding Products of Chapter 37 in Norway (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Australia | N/A | 3.5 | 6.3 | 6.6 | 37.3% |
| China | 5.6 | 5.0 | 4.6 | 3.7 | -12.9% |
| Germany | 12.2 | 8.0 | 4.7 | 2.9 | -38.1% |
| Sweden | 7.4 | 3.1 | 3.1 | 2.6 | -29.4% |
| Austria | 15.0 | 12.1 | 0.8 | 1.8 | -50.7% |
| United Kingdom | 2.0 | 2.0 | 2.2 | 1.5 | -9.1% |
| Czech Republic | 2.9 | 2.4 | 2.2 | 1.3 | -23.5% |
| Poland | 2.0 | 1.4 | 1.2 | 1.2 | -15.7% |
| France | 3.6 | 0.6 | 1.0 | 0.9 | -37.0% |
| Netherlands | 2.4 | 2.0 | 0.8 | 0.7 | -33.7% |
| Others | 11.4 | 10.2 | 9.2 | 8.2 | -10.4% |
| Total | 64.6 | 50.4 | 36.1 | 31.4 | -21.4% |
Top Suppliers of Optical Media; Recorded, Excluding Products of Chapter 37 to Norway in 2022:
- Sweden (316.0K units)
- Austria (275.5K units)
- China (226.2K units)
- Germany (220.4K units)
- Australia (170.5K units)
- Poland (109.3K units)
- United Kingdom (91.5K units)
- Netherlands (89.2K units)
- Czech Republic (84.7K units)
- France (74.1K units)
Exports of Optical Media; Recorded, Excluding Products of Chapter 37 in Norway
For the fourth consecutive year, Norway recorded growth in overseas shipments of optical media; recorded, excluding products of chapter 37s, which increased by 1% to 50K units in 2022. The total export volume increased at an average annual rate of +7.3% from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being observed in certain years. The most prominent rate of growth was recorded in 2021 with an increase of 11% against the previous year. Over the period under review, the exports of reached the peak figure in 2022 and are likely to see steady growth in years to come.
In value terms, exports of optical media; recorded, excluding products of chapter 37s rose to $10M in 2022. Over the period under review, exports, however, showed a deep downturn. The most prominent rate of growth was recorded in 2020 with an increase of 5.7%. As a result, the exports attained the peak of $13M. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.
| Export of Optical Media; Recorded, Excluding Products of Chapter 37 in Norway (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 3,007 | 4,693 | 1,466 | 3,721 | 7.4% |
| Hong Kong SAR | 30.4 | 24.8 | 1,150 | 1,807 | 290.3% |
| Sweden | 2,896 | 2,669 | 3,137 | 915 | -31.9% |
| United States | 1,140 | 884 | 547 | 668 | -16.3% |
| Netherlands | 231 | 294 | 74.2 | 493 | 28.7% |
| Poland | 24.1 | 14.3 | 19.0 | 215 | 107.4% |
| United Kingdom | 384 | 818 | 273 | 170 | -23.8% |
| Denmark | 636 | 280 | 43.3 | 158 | -37.1% |
| Spain | 65.8 | 89.4 | 484 | 121 | 22.5% |
| Others | 3,825 | 3,171 | 2,442 | 1,771 | -22.6% |
| Total | 12,239 | 12,938 | 9,637 | 10,039 | -6.4% |
Top Export Markets for Optical Media; Recorded, Excluding Products of Chapter 37 from Norway in 2022:
- Hong Kong SAR (23.6K units)
- Netherlands (9.5K units)
- United States (2.8K units)
- United Kingdom (2.7K units)
- Sweden (2.7K units)
- Poland (1.8K units)
- Denmark (1.2K units)
- China (0.9K units)
- Spain (0.9K units)
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