Price for Video Recording or Reproducing Apparatus; Other than Magnetic Tape-Type in Mexico - 2023

Contents:

  1. Price for Video Recording or Reproducing Apparatus; Other than Magnetic Tape-Type in Mexico (CIF) - 2023
  2. Price for Video Recording or Reproducing Apparatus; Other than Magnetic Tape-Type in Mexico (FOB) - 2023
  3. Imports of Video Recording or Reproducing Apparatus; Other than Magnetic Tape-Type in Mexico
  4. Exports of Video Recording or Reproducing Apparatus; Other than Magnetic Tape-Type in Mexico

Price for Video Recording or Reproducing Apparatus; Other than Magnetic Tape-Type in Mexico (CIF) - 2023

In October 2023, the average import price for video recording or reproducing apparatus; other than magnetic tape-types amounted to $111 per unit, picking up by 125% against the previous month. Overall, the import price continues to indicate a buoyant expansion. 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 October 2023, the country with the highest price was Taiwan (Chinese) ($760 per unit), while the price for China amounted to $77.9 per unit.

From October 2022 to October 2023, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (+6.0%).

Price for Video Recording or Reproducing Apparatus; Other than Magnetic Tape-Type in Mexico (FOB) - 2023

The average export price for video recording or reproducing apparatus; other than magnetic tape-types stood at $169 per unit in October 2023, dropping by -9.1% against the previous month. Over the period under review, the export price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in February 2023 an increase of 63% month-to-month. Over the period under review, the average export prices hit record highs at $226 per unit in August 2023; however, from September 2023 to October 2023, the export prices stood at a somewhat lower figure.

As there is only one major export destination, the average price level is determined by prices for the United States.

From November 2022 to October 2023, the rate of growth in terms of prices for the United States amounted to -0.7% per month.

Imports of Video Recording or Reproducing Apparatus; Other than Magnetic Tape-Type in Mexico

For the fourth consecutive year, Mexico recorded growth in purchases abroad of video recording or reproducing apparatus; other than magnetic tape-types, which increased by 117% to 567K units in 2022. In general, imports saw a significant expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, imports of video recording or reproducing apparatus; other than magnetic tape-types surged to $45M in 2022. Over the period under review, imports enjoyed prominent growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Import of Video Recording or Reproducing Apparatus; Other than Magnetic Tape-Type in Mexico (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
ChinaN/AN/A11.728.1140.2%
Taiwan (Chinese)1.12.10.611.6119.3%
United States13.23.31.31.9-47.6%
MalaysiaN/A3.00.40.3-68.4%
Thailand5.04.61.10.3-60.9%
Others9.93.61.12.4-37.6%
Total29.316.716.344.715.1%

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

  1. China (513.7K units)
  2. Taiwan (Chinese) (33.4K units)
  3. United States (7.3K units)
  4. Malaysia (4.8K units)
  5. Thailand (2.4K units)

Exports of Video Recording or Reproducing Apparatus; Other than Magnetic Tape-Type in Mexico

Exports of video recording or reproducing apparatus; other than magnetic tape-types from Mexico soared to 66K units in 2022, picking up by 101% compared with 2021. Over the period under review, exports continue to indicate significant growth. The growth pace was the most rapid in 2020 with an increase of 5,707%. As a result, the exports reached the peak of 328K units. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.

In value terms, exports of video recording or reproducing apparatus; other than magnetic tape-types surged to $8.9M in 2022. In general, exports showed a significant increase. The growth pace was the most rapid in 2020 when exports increased by 5,644% against the previous year. As a result, the exports reached the peak of $32M. From 2021 to 2022, the growth of the exports of remained at a lower figure.

Export of Video Recording or Reproducing Apparatus; Other than Magnetic Tape-Type in Mexico (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
United StatesN/A31.32.68.9-46.7%
Guatemala0.10.1N/AN/A0.0%
United Arab Emirates0.30.60.5N/A29.1%
Others0.20.2N/AN/A0.0%
Total0.632.23.18.9145.7%

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

  1. United States (65.6K units)

Source: IndexBox Market Intelligence Platform

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