Price for Video Recording or Reproducing Apparatus; Magnetic Tape-Type in Latvia - 2023

Contents:

  1. Price for Video Recording or Reproducing Apparatus; Magnetic Tape-Type in Latvia (CIF) - 2022
  2. Price for Video Recording or Reproducing Apparatus; Magnetic Tape-Type in Latvia (FOB) - 2022
  3. Imports of Video Recording or Reproducing Apparatus; Magnetic Tape-Type in Latvia
  4. Exports of Video Recording or Reproducing Apparatus; Magnetic Tape-Type in Latvia

Price for Video Recording or Reproducing Apparatus; Magnetic Tape-Type in Latvia (CIF) - 2022

The average import price for video recording or reproducing apparatus; magnetic tape-types stood at $26 per unit in 2022, with a decrease of -51.4% against the previous year. In general, the import price faced a precipitous descent. The pace of growth appeared the most rapid in 2018 when the average import price increased by 93% against the previous year. Over the period under review, average import prices hit record highs at $272 per unit in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Estonia ($217 per unit), while the price for Denmark ($17 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Slovakia (+75.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Video Recording or Reproducing Apparatus; Magnetic Tape-Type in Latvia (FOB) - 2022

The average export price for video recording or reproducing apparatus; magnetic tape-types stood at $182 per unit in 2022, falling by -26.1% against the previous year. In general, the export price continues to indicate a abrupt shrinkage. The most prominent rate of growth was recorded in 2015 when the average export price increased by 28% against the previous year. The export price peaked at $455 per unit in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

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 Lithuania ($963 per unit), while the average price for exports to the Netherlands ($68 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 Lithuania (-9.4%), while the prices for the other major destinations experienced a decline.

Imports of Video Recording or Reproducing Apparatus; Magnetic Tape-Type in Latvia

In 2022, imports of video recording or reproducing apparatus; magnetic tape-types into Latvia soared to 2.7K units, rising by 266% against 2021 figures. Overall, imports posted a significant expansion. The pace of growth appeared the most rapid in 2020 with an increase of 2,781%. Imports peaked in 2022 and are likely to continue growth in the near future.

In value terms, imports of video recording or reproducing apparatus; magnetic tape-types soared to $70K in 2022. Over the period under review, imports continue to indicate a significant expansion. The pace of growth was the most pronounced in 2020 when imports increased by 1,832%. As a result, imports attained the peak of $71K. From 2021 to 2022, the growth of imports of remained at a lower figure.

Import of Video Recording or Reproducing Apparatus; Magnetic Tape-Type in Latvia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
DenmarkN/A18.414.340.748.7%
Lithuania2.50.55.124.3113.4%
Others1.151.720.15.267.8%
Total3.770.639.470.2166.7%

Top Suppliers of Video Recording or Reproducing Apparatus; Magnetic Tape-Type to Latvia in 2022:

  1. Denmark (2368.0 units)
  2. Lithuania (255.0 units)

Exports of Video Recording or Reproducing Apparatus; Magnetic Tape-Type in Latvia

In 2022, the amount of video recording or reproducing apparatus; magnetic tape-types exported from Latvia contracted notably to 16 units, waning by -44.8% against the year before. In general, exports showed a precipitous setback. Over the period under review, the exports of hit record highs at 29 units in 2021, and then fell sharply in the following year.

In value terms, exports of video recording or reproducing apparatus; magnetic tape-types shrank sharply to $2.9K in 2022. Overall, exports saw a significant decline. The exports peaked at $7.1K in 2021, and then fell dramatically in the following year.

Export of Video Recording or Reproducing Apparatus; Magnetic Tape-Type in Latvia (Thousand USD)
COUNTRY20212022CAGR,
2021-2022
FranceN/A1.10%
Lithuania0.11.0900.0%
GermanyN/A0.50%
NetherlandsN/A0.10%
ItalyN/A0.10%
Estonia1.50.1-93.3%
Norway5.4N/A0%
Ireland0.1N/A0%
OthersN/AN/A0%
Total7.12.9-59.2%

Top Export Markets for Video Recording or Reproducing Apparatus; Magnetic Tape-Type from Latvia in 2022:

  1. France (7.0 units)
  2. Germany (3.0 units)
  3. Netherlands (2.0 units)
  4. Estonia (2.0 units)
  5. Italy (1.0 units)
  6. Lithuania (1.0 units)

Source: IndexBox Market Intelligence Platform

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