Price for Video Recording or Reproducing Apparatus; Magnetic Tape-Type in the Philippines - 2023
Contents:
- Price for Video Recording or Reproducing Apparatus; Magnetic Tape-Type in the Philippines (FOB) - 2022
- Price for Video Recording or Reproducing Apparatus; Magnetic Tape-Type in the Philippines (CIF) - 2022
- Exports of Video Recording or Reproducing Apparatus; Magnetic Tape-Type in the Philippines
- Imports of Video Recording or Reproducing Apparatus; Magnetic Tape-Type in the Philippines
Price for Video Recording or Reproducing Apparatus; Magnetic Tape-Type in the Philippines (FOB) - 2022
In 2022, the average export price for video recording or reproducing apparatus; magnetic tape-types amounted to $523 per unit, surging by 16% against the previous year. Over the period under review, the export price recorded a buoyant expansion. The pace of growth was the most pronounced in 2020 an increase of 47% against the previous year. The export price peaked at $3,000 per unit in 2017; however, from 2018 to 2022, the export prices remained at a lower figure.
As there is only one major export destination, the average price level is determined by prices for the United States.
From 2012 to 2022, the rate of growth in terms of prices for Indonesia amounted to +33.9% per year.
Price for Video Recording or Reproducing Apparatus; Magnetic Tape-Type in the Philippines (CIF) - 2022
In 2022, the average import price for video recording or reproducing apparatus; magnetic tape-types amounted to $67 per unit, surging by 13% against the previous year. In general, the import price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 an increase of 86% against the previous year. Over the period under review, average import prices hit record highs at $85 per unit in 2013; however, from 2014 to 2022, import prices remained at a lower figure.
Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Hong Kong SAR ($49 per unit), while the price for China stood at $38 per unit.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Hong Kong SAR (-0.3%).
Exports of Video Recording or Reproducing Apparatus; Magnetic Tape-Type in the Philippines
In 2022, the amount of video recording or reproducing apparatus; magnetic tape-types exported from the Philippines declined rapidly to 1.9K units, reducing by -19.6% on 2021 figures. Overall, exports showed a abrupt descent. The most prominent rate of growth was recorded in 2021 when exports increased by 83%. Over the period under review, the exports of attained the peak figure at 3.4K units in 2019; however, from 2020 to 2022, the exports remained at a lower figure.
In value terms, exports of video recording or reproducing apparatus; magnetic tape-types reduced to $978K in 2022. In general, exports, however, enjoyed moderate growth. The growth pace was the most rapid in 2021 with an increase of 114%. As a result, the exports attained the peak of $1M, and then fell in the following year.
Export of Video Recording or Reproducing Apparatus; Magnetic Tape-Type in the Philippines (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United States | 12.4 | 488 | 1,046 | 978 | 328.9% |
Japan | 272 | N/A | 0.1 | N/A | -98.1% |
United Kingdom | 4.3 | N/A | N/A | N/A | 0% |
Singapore | 588 | N/A | N/A | N/A | 0% |
Others | 17.0 | N/A | 0.2 | N/A | -89.2% |
Total | 894 | 488 | 1,046 | 978 | 3.0% |
Top Export Markets for Video Recording or Reproducing Apparatus; Magnetic Tape-Type from the Philippines in 2022:
- United States (1.9K units)
Imports of Video Recording or Reproducing Apparatus; Magnetic Tape-Type in the Philippines
In 2022, imports of video recording or reproducing apparatus; magnetic tape-types into the Philippines soared to 3.6K units, surging by 35% on 2021. In general, imports, however, faced a precipitous descent. The most prominent rate of growth was recorded in 2020 when imports increased by 40% against the previous year. As a result, imports attained the peak of 11K units. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.
In value terms, imports of video recording or reproducing apparatus; magnetic tape-types soared to $240K in 2022. Overall, imports, however, faced a sharp descent. Over the period under review, imports of reached the peak figure at $503K 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 the Philippines (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 103 | 305 | 89.4 | 78.8 | -8.5% |
Hong Kong SAR | 126 | 10.8 | 10.9 | 72.2 | -16.9% |
Singapore | 58.2 | N/A | 2.8 | N/A | -78.1% |
Others | 216 | 46.1 | 53.7 | 89.1 | -25.6% |
Total | 503 | 362 | 157 | 240 | -21.9% |
Top Suppliers of Video Recording or Reproducing Apparatus; Magnetic Tape-Type to the Philippines in 2022:
- China (2.1K units)
- Hong Kong SAR (1.5K units)
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