Price for Optical Media; Recorded, Excluding Products of Chapter 37 in Venezuela - 2022
Contents:
- Price for Optical Media; Recorded, Excluding Products of Chapter 37 in Venezuela (CIF) - 2022
- Price for Optical Media; Recorded, Excluding Products of Chapter 37 in Venezuela (FOB) - 2022
- Imports of Optical Media; Recorded, Excluding Products of Chapter 37 in Venezuela
- Exports of Optical Media; Recorded, Excluding Products of Chapter 37 in Venezuela
Price for Optical Media; Recorded, Excluding Products of Chapter 37 in Venezuela (CIF) - 2022
The average import price for optical media; recorded, excluding products of chapter 37s stood at $379 per unit in 2022, surging by 17% against the previous year. Overall, the import price continues to indicate significant growth. The growth pace was the most rapid in 2018 an increase of 492%. The import price peaked in 2022 and is likely to see steady growth in the near future.
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 Germany ($917 per unit), while the price for Spain ($92 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+33.8%), 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 Venezuela (FOB) - 2022
The average export price for optical media; recorded, excluding products of chapter 37s stood at $16 per unit in 2022, declining by -13.4% against the previous year. Overall, the export price saw a perceptible downturn. The pace of growth was the most pronounced in 2016 when the average export price increased by 42% against the previous year. As a result, the export price reached the peak level of $35 per unit. From 2017 to 2022, the average export prices failed to regain momentum.
There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was France ($32 per unit), while the average price for exports to Spain ($4.5 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 Finland (+6.8%), while the prices for the other major destinations experienced mixed trend patterns.
Imports of Optical Media; Recorded, Excluding Products of Chapter 37 in Venezuela
In 2022, approx. 23K units of optical media; recorded, excluding products of chapter 37s were imported into Venezuela; with a decrease of -5.2% against the previous year. Over the period under review, imports faced a abrupt shrinkage. Over the period under review, imports of attained the peak figure at 33K 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 reached $8.9M in 2022. The total import value increased at an average annual rate of +10.6% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Optical Media; Recorded, Excluding Products of Chapter 37 in Venezuela (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Hong Kong SAR | 6.2 | 7.0 | 7.7 | 8.7 | 12.0% |
| United States | 0.3 | 0.1 | 0.3 | 0.1 | -30.7% |
| United Kingdom | N/A | N/A | N/A | N/A | 0% |
| Others | 0.1 | 0.1 | 0.1 | 0.2 | 26.0% |
| Total | 6.6 | 7.3 | 8.1 | 8.9 | 10.5% |
Top Suppliers of Optical Media; Recorded, Excluding Products of Chapter 37 to Venezuela in 2022:
- Hong Kong SAR (22.1K units)
- United States (0.5K units)
- United Kingdom (0.2K units)
Exports of Optical Media; Recorded, Excluding Products of Chapter 37 in Venezuela
In 2022, exports of optical media; recorded, excluding products of chapter 37s from Venezuela fell significantly to 184 units, which is down by -72.1% on 2021. In general, exports saw a precipitous decrease. The most prominent rate of growth was recorded in 2021 with an increase of 272%. Over the period under review, the exports of hit record highs at 1.2K units in 2019; however, from 2020 to 2022, the exports remained at a lower figure.
In value terms, exports of optical media; recorded, excluding products of chapter 37s shrank remarkably to $2.9K in 2022. Overall, exports recorded a dramatic contraction. The most prominent rate of growth was recorded in 2021 with an increase of 251%. Over the period under review, the exports of reached the maximum at $21K in 2019; however, from 2020 to 2022, the exports remained at a lower figure.
| Export of Optical Media; Recorded, Excluding Products of Chapter 37 in Venezuela (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Panama | 7,299 | 2,022 | 5,277 | 1,800 | -37.3% |
| Finland | 29.0 | 140 | 604 | 175 | 82.1% |
| Spain | 379 | 200 | 686 | 149 | -26.7% |
| Chile | 8,206 | 207 | 2,359 | 146 | -73.9% |
| France | 460 | 22.0 | 330 | 96.0 | -40.7% |
| Switzerland | 273 | 82.0 | 69.0 | 71.0 | -36.2% |
| Austria | 481 | 98.0 | 183 | 62.0 | -49.5% |
| Netherlands | 123 | 44.0 | 132 | 38.0 | -32.4% |
| Bolivia | 493 | 15.0 | 62.0 | 34.0 | -59.0% |
| Poland | 116 | 18.0 | 104 | 30.0 | -36.3% |
| Hungary | 105 | 27.0 | 65.0 | 21.0 | -41.5% |
| Germany | 1,582 | 80.0 | 425 | 5.0 | -85.3% |
| Others | 1,417 | 487 | 1,799 | 296 | -40.7% |
| Total | 20,963 | 3,442 | 12,095 | 2,923 | -48.1% |
Top Export Markets for Optical Media; Recorded, Excluding Products of Chapter 37 from Venezuela in 2022:
- Panama (91.0 units)
- Spain (33.0 units)
- Finland (10.0 units)
- Chile (9.0 units)
- Switzerland (5.0 units)
- Netherlands (4.0 units)
- Hungary (4.0 units)
- France (3.0 units)
- Austria (3.0 units)
- Poland (3.0 units)
- Bolivia (2.0 units)
- Germany (1.0 units)
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