Price for Video Recording or Reproducing Apparatus; Magnetic Tape-Type in the UK - 2023
Contents:
- Price for Video Recording or Reproducing Apparatus; Magnetic Tape-Type in the UK (FOB) - 2022
- Price for Video Recording or Reproducing Apparatus; Magnetic Tape-Type in the UK (CIF) - 2022
- Exports of Video Recording or Reproducing Apparatus; Magnetic Tape-Type in the UK
- Imports of Video Recording or Reproducing Apparatus; Magnetic Tape-Type in the UK
Price for Video Recording or Reproducing Apparatus; Magnetic Tape-Type in the UK (FOB) - 2022
In 2022, the average export price for video recording or reproducing apparatus; magnetic tape-types amounted to $228 per unit, reducing by -9.3% against the previous year. Overall, the export price showed a noticeable setback. The pace of growth appeared the most rapid in 2020 an increase of 56% against the previous year. As a result, the export price attained the peak level of $524 per unit. From 2021 to 2022, the average export prices remained at a lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was China ($1,609 per unit), while the average price for exports to Ireland ($65 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 Hong Kong SAR (+28.1%), 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 the UK (CIF) - 2022
The average import price for video recording or reproducing apparatus; magnetic tape-types stood at $235 per unit in 2022, with an increase of 287% against the previous year. Over the period under review, the import price showed a buoyant increase. As a result, import price reached the peak level and is likely to continue growth in the immediate term.
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 the United States ($2,895 per unit), while the price for China ($32 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+11.1%), 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 the UK
In 2022, approx. 24K units of video recording or reproducing apparatus; magnetic tape-types were exported from the UK; remaining relatively unchanged against the year before. Overall, exports, however, showed a prominent increase. The growth pace was the most rapid in 2021 with an increase of 115% against the previous year. As a result, the exports reached the peak of 24K units, leveling off in the following year.
In value terms, exports of video recording or reproducing apparatus; magnetic tape-types dropped to $5.4M in 2022. Over the period under review, exports saw a pronounced curtailment. The most prominent rate of growth was recorded in 2021 with an increase of 3.1%. Over the period under review, the exports of hit record highs at $6.1M 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 the UK (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Gibraltar | 1,086 | 2,264 | 871 | 1,723 | 16.6% |
| United States | 183 | 903 | 772 | 651 | 52.7% |
| Germany | 66.8 | 16.6 | 480 | 604 | 108.3% |
| China | 179 | 83.7 | 791 | 594 | 49.2% |
| Ireland | 39.3 | 290 | 216 | 341 | 105.5% |
| South Korea | 5.3 | 9.5 | 5.2 | 240 | 256.4% |
| Italy | 547 | 34.0 | 192 | 152 | -34.7% |
| Canada | 924 | 967 | 142 | 107 | -51.3% |
| France | 31.8 | 10.4 | 147 | 89.7 | 41.3% |
| Netherlands | 906 | 35.9 | 381 | 80.6 | -55.4% |
| Spain | 69.5 | 6.8 | 124 | 62.2 | -3.6% |
| Czech Republic | 372 | 23.4 | 81.2 | 14.1 | -66.4% |
| Switzerland | 247 | 118 | 324 | 12.9 | -62.6% |
| Others | 1,440 | 1,036 | 1,451 | 723 | -20.5% |
| Total | 6,097 | 5,799 | 5,978 | 5,393 | -4.0% |
Top Export Markets for Video Recording or Reproducing Apparatus; Magnetic Tape-Type from the UK in 2022:
- Gibraltar (6.5K units)
- Ireland (5.2K units)
- Germany (3.5K units)
- United States (3.3K units)
- Italy (1.0K units)
- South Korea (0.8K units)
- France (0.6K units)
- Spain (0.6K units)
- China (0.4K units)
- Netherlands (0.2K units)
- Czech Republic (0.1K units)
- Switzerland (0.1K units)
Imports of Video Recording or Reproducing Apparatus; Magnetic Tape-Type in the UK
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 -80.8% to 14K units. Overall, imports saw a abrupt slump. The pace of growth appeared the most rapid in 2021 with an increase of 123%. As a result, imports reached the peak of 73K units, and then dropped remarkably in the following year.
In value terms, imports of video recording or reproducing apparatus; magnetic tape-types plummeted to $3.3M in 2022. Over the period under review, imports, however, posted a significant expansion. The pace of growth appeared the most rapid in 2021 when imports increased by 71%. As a result, imports attained the peak of $4.4M, and then declined sharply in the following year.
| Import of Video Recording or Reproducing Apparatus; Magnetic Tape-Type in the UK (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 616 | 482 | 336 | 1,801 | 43.0% |
| South Korea | 11.5 | N/A | 10.1 | 705 | 294.3% |
| Germany | 5.2 | 948 | 1,074 | 290 | 282.1% |
| Italy | 36.6 | 21.5 | 53.7 | 152 | 60.7% |
| China | 386 | 417 | 2,029 | 143 | -28.2% |
| Spain | 38.8 | 2.1 | 11.6 | 27.1 | -11.3% |
| Ireland | 138 | 65.1 | 5.5 | 10.7 | -57.4% |
| Czech Republic | 33.8 | 0.4 | 5.9 | N/A | -58.2% |
| Others | 574 | 639 | 882 | 145 | -36.8% |
| Total | 1,840 | 2,576 | 4,408 | 3,273 | 21.2% |
Top Suppliers of Video Recording or Reproducing Apparatus; Magnetic Tape-Type to the UK in 2022:
- South Korea (5.2K units)
- China (4.5K units)
- Germany (2.0K units)
- Italy (1.1K units)
- United States (0.6K units)
- Spain (0.4K units)
- Ireland (0.1K units)
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