Price for Video Recording or Reproducing Apparatus; Magnetic Tape-Type in Singapore - 2022

Contents:

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

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

The average export price for video recording or reproducing apparatus; magnetic tape-types stood at $67 per unit in 2022, with an increase of 17% against the previous year. Overall, the export price continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2018 an increase of 51% against the previous year. The export price peaked at $75 per unit in 2014; however, from 2015 to 2022, the export prices remained at a lower figure.

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 Thailand ($183 per unit), while the average price for exports to Hong Kong SAR ($14 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 Democratic Republic of the Congo (+56.5%), while the prices for the other major destinations experienced more modest paces of growth.

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

The average import price for video recording or reproducing apparatus; magnetic tape-types stood at $150 per unit in 2022, declining by -5.4% against the previous year. Over the period under review, the import price continues to indicate a deep downturn. The most prominent rate of growth was recorded in 2018 when the average import price increased by 162%. As a result, import price attained the peak level of $1,866 per unit. From 2019 to 2022, the average import prices remained at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($4,643 per unit), while the price for China ($48 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Malaysia (+7.4%), while the prices for the other major suppliers experienced more modest paces of growth.

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

In 2022, the amount of video recording or reproducing apparatus; magnetic tape-types exported from Singapore soared to 28K units, increasing by 65% compared with 2021. Overall, exports recorded a significant expansion. The most prominent rate of growth was recorded in 2021 with an increase of 77% against the previous year. The exports peaked in 2022 and are likely to continue growth in the near future.

In value terms, exports of video recording or reproducing apparatus; magnetic tape-types skyrocketed to $1.8M in 2022. Over the period under review, exports enjoyed a significant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Export of Video Recording or Reproducing Apparatus; Magnetic Tape-Type in Singapore (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Vietnam11.11392811,221379.1%
Thailand72.640.923.523147.1%
Indonesia42.842.512215954.9%
Hong Kong SAR46.715.922.834.5-9.6%
Malaysia46.914.123.612.7-35.3%
Australia0.2N/A24.910.2270.8%
Japan42.773.82458.9-40.7%
India42.986.110.45.8-48.7%
Others302214198160-19.1%
Total6076279531,84244.8%

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

  1. Vietnam (15.3K units)
  2. Indonesia (6.9K units)
  3. Hong Kong SAR (2.4K units)
  4. Thailand (1.3K units)
  5. Australia (0.6K units)
  6. Malaysia (0.2K units)
  7. India (0.1K units)
  8. Japan (0.1K units)

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

In 2022, after three years of growth, there was significant decline in supplies from abroad of video recording or reproducing apparatus; magnetic tape-types, when their volume decreased by -15.6% to 7.3K units. Over the period under review, imports, however, saw significant growth. The growth pace was the most rapid in 2021 with an increase of 103%. As a result, imports attained the peak of 8.7K units, and then contracted significantly in the following year.

In value terms, imports of video recording or reproducing apparatus; magnetic tape-types reduced dramatically to $1.1M in 2022. In general, imports continue to indicate a precipitous descent. Over the period under review, imports of hit record highs at $4.4M in 2019; however, from 2020 to 2022, imports remained at a lower figure.

Import of Video Recording or Reproducing Apparatus; Magnetic Tape-Type in Singapore (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States3,7041,623619390-52.8%
China79.021254429655.3%
Thailand21.10.3N/A204113.0%
Taiwan (Chinese)58.339.219.549.6-5.2%
PolandN/A49.2N/A13.6-47.4%
Malaysia96.148.422.63.3-67.5%
Others413417171143-29.8%
Total4,3712,3891,3771,100-36.9%

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

  1. China (6.1K units)
  2. Thailand (0.7K units)
  3. Taiwan (Chinese) (0.2K units)
  4. United States (0.1K units)

Source: IndexBox Market Intelligence Platform

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