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

Contents:

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

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

In 2022, the average import price for video recording or reproducing apparatus; magnetic tape-types amounted to $123 per unit, falling by -45.7% against the previous year. Overall, the import price recorded a abrupt decrease. The growth pace was the most rapid in 2019 an increase of 53% against the previous year. The import price peaked at $285 per unit in 2013; however, from 2014 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Switzerland ($1,075 per unit), while the price for China ($83 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Switzerland (+13.1%), while the prices for the other major suppliers experienced mixed trend patterns.

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

In 2022, the average export price for video recording or reproducing apparatus; magnetic tape-types amounted to $71 per unit, picking up by 1,173% against the previous year. Overall, the export price, however, saw a drastic downturn. The export price peaked at $189 per unit in 2013; however, from 2014 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 the Philippines ($77 per unit), while the average price for exports to the United States totaled $19 per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the United States (-5.8%), while the prices for the other major destinations experienced a decline.

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

In 2022, overseas purchases of video recording or reproducing apparatus; magnetic tape-types were finally on the rise to reach 437 units for the first time since 2019, thus ending a two-year declining trend. In general, imports, however, recorded a dramatic shrinkage. Over the period under review, imports of attained the maximum at 23K units in 2019; however, from 2020 to 2022, imports failed to regain momentum.

In value terms, imports of video recording or reproducing apparatus; magnetic tape-types reached $54K in 2022. Over the period under review, imports, however, saw a sharp descent. Over the period under review, imports of reached the peak figure at $3.7M in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

Import of Video Recording or Reproducing Apparatus; Magnetic Tape-Type in South Korea (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States1,86217110.233.9-73.7%
Japan2.65.30.88.749.6%
SwitzerlandN/AN/AN/A7.50%
Germany1,8462.90.11.0-91.8%
China3.41.70.20.7-41.0%
Others31.475.637.21.8-61.4%
Total3,74525648.553.5-75.7%

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

  1. United States (392.0 units)
  2. Japan (24.0 units)
  3. China (8.0 units)
  4. Switzerland (7.0 units)
  5. Germany (3.0 units)

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

In 2022, exports of video recording or reproducing apparatus; magnetic tape-types from South Korea skyrocketed to 287 units, jumping by 226% compared with the previous year's figure. Over the period under review, exports, however, continue to indicate a dramatic downturn. The exports peaked at 754 units in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

In value terms, exports of video recording or reproducing apparatus; magnetic tape-types skyrocketed to $20K in 2022. Overall, exports, however, continue to indicate a dramatic descent. The exports peaked at $101K in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

Export of Video Recording or Reproducing Apparatus; Magnetic Tape-Type in South Korea (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Philippines0.2N/AN/A19.8362.6%
United StatesN/AN/AN/A0.50%
Nigeria3.00.1N/AN/A-96.7%
Peru14.80.20.1N/A-91.8%
Malaysia4.2N/AN/AN/A0%
Qatar7.80.1N/AN/A-98.7%
Taiwan (Chinese)2.6N/AN/AN/A0%
Australia2.3N/AN/AN/A0%
Saudi Arabia31.80.2N/AN/A-99.4%
Pakistan0.3N/AN/AN/A0%
Others33.50.40.3N/A-90.5%
Total1011.10.520.3-41.4%

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

  1. Philippines (258.0 units)
  2. United States (28.0 units)

Source: IndexBox Market Intelligence Platform

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