Price for Video Recording or Reproducing Apparatus; Other than Magnetic Tape-Type in Singapore - 2022

Contents:

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

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

The average export price for video recording or reproducing apparatus; other than magnetic tape-types stood at $162 per unit in 2022, with an increase of 8.7% against the previous year. Overall, the export price posted strong growth. The growth pace was the most rapid in 2019 an increase of 40%. Over the period under review, the average export prices attained the peak figure in 2022 and is expected to retain growth in the near future.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($668 per unit), while the average price for exports to Tanzania ($14 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 Vietnam (+26.8%), while the prices for the other major destinations experienced more modest paces of growth.

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

The average import price for video recording or reproducing apparatus; other than magnetic tape-types stood at $89 per unit in 2022, waning by -27.4% against the previous year. Overall, the import price, however, showed a pronounced expansion. The most prominent rate of growth was recorded in 2020 when the average import price increased by 49%. As a result, import price attained the peak level of $144 per unit. From 2021 to 2022, the average 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 Thailand ($184 per unit), while the price for Taiwan (Chinese) ($44 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Thailand (+15.0%), while the prices for the other major suppliers experienced more modest paces of growth.

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

Exports of video recording or reproducing apparatus; other than magnetic tape-types from Singapore surged to 230K units in 2022, increasing by 30% against the year before. In general, total exports indicated a buoyant increase from 2019 to 2022: its volume increased at an average annual rate of +14.7% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports decreased by -11.5% against 2020 indices. The most prominent rate of growth was recorded in 2020 when exports increased by 70%. As a result, the exports attained the peak of 260K units. From 2021 to 2022, the growth of the exports of failed to regain momentum.

In value terms, exports of video recording or reproducing apparatus; other than magnetic tape-types surged to $37M in 2022. Over the period under review, total exports indicated a strong increase from 2019 to 2022: its value increased at an average annual rate of +15.6% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +54.6% against 2019 indices. The most prominent rate of growth was recorded in 2020 with an increase of 43%. Over the period under review, the exports of attained the maximum in 2022 and are likely to continue growth in the near future.

Export of Video Recording or Reproducing Apparatus; Other than Magnetic Tape-Type in Singapore (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States6.46.37.412.224.0%
United Kingdom3.22.75.011.553.2%
Japan0.90.73.12.030.5%
Thailand0.91.32.01.621.1%
Indonesia1.615.20.91.4-4.4%
Bangladesh0.20.40.70.965.1%
India2.10.71.00.9-24.6%
Malaysia1.00.50.30.7-11.2%
Vietnam0.62.11.60.60.0%
Tanzania0.30.10.20.1-30.7%
FijiN/AN/A0.10.10.0%
Nigeria0.10.10.1N/A0.0%
Others6.84.43.95.4-7.4%
Total24.134.426.337.315.7%

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

  1. United Kingdom (82.8K units)
  2. Indonesia (31.3K units)
  3. Bangladesh (26.5K units)
  4. India (19.7K units)
  5. United States (18.2K units)
  6. Tanzania (9.8K units)
  7. Japan (8.8K units)
  8. Thailand (4.7K units)
  9. Fiji (3.6K units)
  10. Malaysia (2.8K units)
  11. Vietnam (1.3K units)
  12. Nigeria (0.6K units)

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

Imports of video recording or reproducing apparatus; other than magnetic tape-types into Singapore soared to 308K units in 2022, rising by 72% on the previous year. Overall, imports posted resilient growth. As a result, imports reached 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 skyrocketed to $28M in 2022. The total import value increased at an average annual rate of +6.6% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports attained 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 Singapore (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Taiwan (Chinese)2.31.82.87.749.6%
China6.84.35.96.3-2.5%
Malaysia2.00.62.30.4-41.5%
Hong Kong SAR0.60.90.30.1-45.0%
Others11.011.110.713.16.0%
Total22.718.722.027.56.6%

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

  1. Taiwan (Chinese) (175.4K units)
  2. China (115.0K units)
  3. Malaysia (3.1K units)
  4. Hong Kong SAR (1.2K units)

Source: IndexBox Market Intelligence Platform

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