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

Contents:

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

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

In 2022, the average export price for video recording or reproducing apparatus; magnetic tape-types amounted to $283 per unit, reducing by -76.5% against the previous year. Over the period under review, the export price saw a deep slump. The most prominent rate of growth was recorded in 2021 when the average export price increased by 1,402%. Over the period under review, the average export prices hit record highs at $2,741 per unit in 2013; however, from 2014 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Cyprus ($419 per unit), while the average price for exports to Kuwait ($19 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 Austria (+47.2%), while the prices for the other major destinations experienced a decline.

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

In 2022, the average import price for video recording or reproducing apparatus; magnetic tape-types amounted to $254 per unit, with a decrease of -12.2% against the previous year. Over the period under review, the import price saw a sharp contraction. The pace of growth was the most pronounced in 2017 when the average import price increased by 118%. The import price peaked at $9,089 per unit in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

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 UK ($824 per unit), while the price for Hong Kong SAR ($67 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (-4.1%), while the prices for the other major suppliers experienced a decline.

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

Exports of video recording or reproducing apparatus; magnetic tape-types from Turkey soared to 305 units in 2022, growing by 1,073% on the year before. Overall, exports enjoyed a significant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, exports of video recording or reproducing apparatus; magnetic tape-types skyrocketed to $86K in 2022. In general, exports, however, showed a perceptible slump. The most prominent rate of growth was recorded in 2021 when exports increased by 329%. The exports peaked at $95K in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

Export of Video Recording or Reproducing Apparatus; Magnetic Tape-Type in Turkey (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Cyprus14.50.40.862.863.0%
TurkmenistanN/AN/AN/A11.60%
RussiaN/AN/AN/A4.00%
KuwaitN/AN/AN/A0.80%
OmanN/A4.8N/AN/A0%
Saudi Arabia0.70.6N/AN/A-14.3%
Others79.91.530.57.0-55.6%
Total95.27.331.386.2-3.3%

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

  1. Cyprus (150.0 units)
  2. Turkmenistan (89.0 units)
  3. Kuwait (40.0 units)
  4. Russia (17.0 units)

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

Imports of video recording or reproducing apparatus; magnetic tape-types into Turkey reduced remarkably to 51 units in 2022, with a decrease of -66.2% against 2021 figures. Overall, imports recorded a deep setback. The growth pace was the most rapid in 2021 with an increase of 308% against the previous year. As a result, imports attained the peak of 151 units, and then fell significantly in the following year.

In value terms, imports of video recording or reproducing apparatus; magnetic tape-types declined notably to $13K in 2022. Over the period under review, imports recorded a sharp shrinkage. The most prominent rate of growth was recorded in 2021 when imports increased by 55% against the previous year. Over the period under review, imports of attained the maximum at $114K in 2019; however, from 2020 to 2022, imports failed to regain momentum.

Import of Video Recording or Reproducing Apparatus; Magnetic Tape-Type in Turkey (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China10.28.739.35.8-17.2%
PolandN/AN/AN/A3.40%
United KingdomN/A3.6N/A1.6-33.3%
United States27.1N/A3.40.6-71.9%
GermanyN/A15.70.90.6-80.5%
Hong Kong SARN/AN/AN/A0.50%
Japan1.8N/AN/A0.1-61.8%
Bahrain74.7N/AN/AN/A0%
OthersN/AN/AN/A0.20%
Total11428.143.612.9-51.6%

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

  1. China (22.0 units)
  2. Poland (14.0 units)
  3. Hong Kong SAR (8.0 units)
  4. United States (2.0 units)
  5. United Kingdom (2.0 units)
  6. Japan (1.0 units)
  7. Germany (1.0 units)

Source: IndexBox Market Intelligence Platform

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