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

Contents:

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

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

The average export price for video recording or reproducing apparatus; magnetic tape-types stood at $150 per unit in 2022, rising by 4.7% against the previous year. Overall, the export price, however, saw a abrupt setback. The most prominent rate of growth was recorded in 2014 an increase of 393% against the previous year. As a result, the export price attained the peak level of $868 per unit. From 2015 to 2022, the average export prices remained at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Estonia ($313 per unit), while the average price for exports to Poland ($2 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 Estonia (+4.3%), while the prices for the other major destinations experienced mixed trend patterns.

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

The average import price for video recording or reproducing apparatus; magnetic tape-types stood at $109 per unit in 2022, reducing by -34.4% against the previous year. Over the period under review, the import price recorded a perceptible shrinkage. The most prominent rate of growth was recorded in 2014 an increase of 113% against the previous year. As a result, import price attained the peak level of $518 per unit. From 2015 to 2022, the average import prices remained at a somewhat lower figure.

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 Poland ($182 per unit), while the price for Latvia ($98 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Poland (+2.5%), while the prices for the other major suppliers experienced a decline.

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

In 2022, shipments abroad of video recording or reproducing apparatus; magnetic tape-types decreased by -15.7% to 755 units for the first time since 2018, thus ending a three-year rising trend. Over the period under review, exports, however, continue to indicate significant growth. The pace of growth appeared the most rapid in 2020 with an increase of 325% against the previous year. Over the period under review, the exports of hit record highs at 896 units in 2021, and then shrank markedly in the following year.

In value terms, exports of video recording or reproducing apparatus; magnetic tape-types shrank to $113K in 2022. Overall, exports, however, saw a significant expansion. The growth pace was the most rapid in 2021 when exports increased by 671% against the previous year. As a result, the exports reached the peak of $128K, and then shrank in the following year.

Export of Video Recording or Reproducing Apparatus; Magnetic Tape-Type in Lithuania (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany0.21.8121102699.0%
Estonia2.50.3N/A4.420.7%
Latvia2.011.22.23.722.8%
Others16.83.35.22.8-45.0%
Total21.516.612811373.9%

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

  1. Germany (668.0 units)
  2. Latvia (60.0 units)
  3. Estonia (14.0 units)

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

For the fourth year in a row, Lithuania recorded growth in purchases abroad of video recording or reproducing apparatus; magnetic tape-types, which increased by 44% to 783 units in 2022. Over the period under review, imports enjoyed a significant expansion. The most prominent rate of growth was recorded in 2021 with an increase of 241% against the previous year. Imports peaked in 2022 and are expected to retain growth in years to come.

In value terms, imports of video recording or reproducing apparatus; magnetic tape-types declined to $85K in 2022. In general, imports continue to indicate a significant increase. The most prominent rate of growth was recorded in 2021 with an increase of 204% against the previous year. As a result, imports attained the peak of $91K, and then reduced in the following year.

Import of Video Recording or Reproducing Apparatus; Magnetic Tape-Type in Lithuania (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
ItalyN/AN/AN/A71.50%
Poland0.40.915.113.4222.4%
NetherlandsN/AN/A21.10.3-98.6%
Latvia9.627.247.90.2-72.5%
Others14.31.76.4N/A-33.1%
Total24.329.890.685.452.0%

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

  1. Italy (706.0 units)
  2. Poland (74.0 units)
  3. Latvia (2.0 units)
  4. Netherlands (1.0 units)

Source: IndexBox Market Intelligence Platform

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