Price for Video Recording or Reproducing Apparatus; Other than Magnetic Tape-Type in the UK - 2023
Contents:
- Price for Video Recording or Reproducing Apparatus; Other than Magnetic Tape-Type in the UK (CIF) - 2023
- Price for Video Recording or Reproducing Apparatus; Other than Magnetic Tape-Type in the UK (FOB) - 2022
- Imports of Video Recording or Reproducing Apparatus; Other than Magnetic Tape-Type in the UK
- Exports of Video Recording or Reproducing Apparatus; Other than Magnetic Tape-Type in the UK
Price for Video Recording or Reproducing Apparatus; Other than Magnetic Tape-Type in the UK (CIF) - 2023
The average import price for video recording or reproducing apparatus; other than magnetic tape-types stood at $97.6 per unit in November 2023, waning by -6.8% against the previous month. Overall, the import price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in July 2023 when the average import price increased by 48% month-to-month. As a result, import price attained the peak level of $141 per unit. From August 2023 to November 2023, the average import prices remained at a lower figure.
There were significant differences in the average prices amongst the major supplying countries. In November 2023, the country with the highest price was Malaysia ($120 per unit), while the price for China ($69.5 per unit) was amongst the lowest.
From November 2022 to November 2023, the most notable rate of growth in terms of prices was attained by Malaysia (+4.5%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Video Recording or Reproducing Apparatus; Other than Magnetic Tape-Type in the UK (FOB) - 2022
In 2022, the average export price for video recording or reproducing apparatus; other than magnetic tape-types amounted to $463 per unit, picking up by 14% against the previous year. Over the period under review, the export price posted a strong increase. The growth pace was the most rapid in 2016 an increase of 50% against the previous year. The export price peaked in 2022 and is likely to see steady growth in years to come.
There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Spain ($1,260 per unit), while the average price for exports to Sweden ($132 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 Ghana (+51.5%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Video Recording or Reproducing Apparatus; Other than Magnetic Tape-Type in the UK
In 2022, overseas purchases of video recording or reproducing apparatus; other than magnetic tape-types were finally on the rise to reach 1.6M units after two years of decline. In general, imports, however, continue to indicate a abrupt curtailment. Imports peaked at 2.2M units in 2019; however, from 2020 to 2022, imports remained at a lower figure.
In value terms, imports of video recording or reproducing apparatus; other than magnetic tape-types stood at $135M in 2022. The total import value increased at an average annual rate of +3.1% from 2019 to 2022; however, the trend pattern remained consistent, with only minor fluctuations being observed throughout the analyzed period. The most prominent rate of growth was recorded in 2021 when imports increased by 12% against the previous year. Over the period under review, imports of hit record highs in 2022 and are likely to see steady growth in years to come.
| Import of Video Recording or Reproducing Apparatus; Other than Magnetic Tape-Type in the UK (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 61.1 | 55.7 | 68.2 | 74.9 | 7.0% |
| United States | 7.4 | 5.3 | 4.4 | 5.7 | -8.3% |
| Netherlands | 7.7 | 16.1 | 8.4 | 5.4 | -11.2% |
| Hungary | 0.5 | 0.4 | 1.8 | 4.8 | 112.5% |
| Belgium | 2.4 | 4.8 | 2.3 | 4.2 | 20.5% |
| Germany | 5.5 | 3.9 | 22.7 | 4.2 | -8.6% |
| Czech Republic | 7.3 | 6.2 | 0.1 | 4.0 | -18.2% |
| Malaysia | 6.9 | 5.0 | 3.4 | 3.5 | -20.2% |
| South Korea | 5.6 | 2.6 | 4.1 | 2.8 | -20.6% |
| Hong Kong SAR | 4.2 | 1.8 | 1.5 | 0.4 | -54.3% |
| Indonesia | 3.9 | 1.7 | N/A | N/A | -56.4% |
| Others | 10.2 | 11.5 | 12.1 | 24.6 | 34.1% |
| Total | 123 | 115 | 129 | 135 | 3.2% |
Top Suppliers of Video Recording or Reproducing Apparatus; Other than Magnetic Tape-Type to the UK in 2022:
- China (1102.2K units)
- United States (125.8K units)
- Netherlands (100.4K units)
- Hungary (66.9K units)
- Malaysia (45.3K units)
- Czech Republic (35.8K units)
- Belgium (32.1K units)
- South Korea (23.2K units)
- Germany (12.2K units)
- Hong Kong SAR (10.5K units)
- Indonesia (1.3K units)
Exports of Video Recording or Reproducing Apparatus; Other than Magnetic Tape-Type in the UK
For the third consecutive year, the UK recorded decline in overseas shipments of video recording or reproducing apparatus; other than magnetic tape-types, which decreased by -16.4% to 101K units in 2022. Over the period under review, exports saw a precipitous decline. Over the period under review, the exports of attained the peak figure at 244K units in 2019; however, from 2020 to 2022, the exports failed to regain momentum.
In value terms, exports of video recording or reproducing apparatus; other than magnetic tape-types reduced to $47M in 2022. Overall, exports continue to indicate a abrupt downturn. Over the period under review, the exports of reached the maximum at $79M in 2019; however, from 2020 to 2022, the exports remained at a lower figure.
| Export of Video Recording or Reproducing Apparatus; Other than Magnetic Tape-Type in the UK (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 7.6 | 5.1 | 6.9 | 10.0 | 9.6% |
| Germany | 18.7 | 6.5 | 6.7 | 5.0 | -35.6% |
| France | 2.5 | 3.6 | 3.3 | 3.6 | 12.9% |
| Ireland | 4.4 | 4.9 | 2.1 | 2.3 | -19.4% |
| Spain | 1.3 | 1.6 | 1.4 | 2.0 | 15.4% |
| Australia | 2.9 | 1.1 | 1.2 | 1.9 | -13.1% |
| Netherlands | 7.9 | 1.9 | 1.2 | 1.9 | -37.8% |
| Italy | 2.1 | 2.0 | 1.5 | 1.7 | -6.8% |
| Japan | 1.4 | 0.2 | 1.6 | 1.5 | 2.3% |
| Poland | 0.8 | 0.3 | 0.5 | 1.3 | 17.6% |
| Sweden | 0.5 | 0.4 | 0.9 | 0.4 | -7.2% |
| Switzerland | 1.5 | 0.5 | 0.4 | 0.4 | -35.6% |
| Hong Kong SAR | 0.5 | 0.4 | 0.2 | 0.2 | -26.3% |
| Others | 27.3 | 27.2 | 21.3 | 14.8 | -18.5% |
| Total | 79.3 | 55.6 | 49.3 | 46.8 | -16.1% |
Top Export Markets for Video Recording or Reproducing Apparatus; Other than Magnetic Tape-Type from the UK in 2022:
- Germany (21.6K units)
- United States (16.1K units)
- Ireland (10.9K units)
- Poland (8.0K units)
- Netherlands (5.8K units)
- France (5.7K units)
- Japan (3.7K units)
- Australia (3.3K units)
- Italy (3.1K units)
- Sweden (2.7K units)
- Switzerland (2.0K units)
- Spain (1.6K units)
- Hong Kong SAR (0.8K units)
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