Price for Optical Media; Recorded, Excluding Products of Chapter 37 in Canada - 2024
Contents:
- Price for Optical Media; Recorded, Excluding Products of Chapter 37 in Canada (CIF) - 2024
- Price for Optical Media; Recorded, Excluding Products of Chapter 37 in Canada (FOB) - 2022
- Imports of Optical Media; Recorded, Excluding Products of Chapter 37 in Canada
- Exports of Optical Media; Recorded, Excluding Products of Chapter 37 in Canada
Price for Optical Media; Recorded, Excluding Products of Chapter 37 in Canada (CIF) - 2024
The average import price for optical media; recorded, excluding products of chapter 37s stood at $23.5 per unit in January 2024, which is down by -11.8% against the previous month. Over the period from January 2023 to January 2024, it increased at an average monthly rate of +2.1%. The pace of growth was the most pronounced in December 2023 when the average import price increased by 39% against the previous month. As a result, import price reached the peak level of $26.7 per unit, and then declined in the following month.
There were significant differences in the average prices amongst the major supplying countries. In January 2024, the country with the highest price was Germany ($41.0 per unit), while the price for South Korea ($12.6 per unit) was amongst the lowest.
From January 2023 to January 2024, the most notable rate of growth in terms of prices was attained by the United States (+6.3%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Optical Media; Recorded, Excluding Products of Chapter 37 in Canada (FOB) - 2022
In 2022, the average export price for optical media; recorded, excluding products of chapter 37s amounted to $128 per unit, surging by 31% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +2.4%. Over the period under review, the average export prices reached the peak figure at $145 per unit in 2018; however, from 2019 to 2022, the export prices stood at a somewhat lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the UK ($130 per unit), while the average price for exports to the United States stood at $65 per unit.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the UK (-0.6%).
Imports of Optical Media; Recorded, Excluding Products of Chapter 37 in Canada
In 2022, the amount of optical media; recorded, excluding products of chapter 37s imported into Canada dropped to 24M units, which is down by -6.5% compared with 2021. Overall, imports recorded a precipitous slump. Imports peaked at 67M units in 2019; however, from 2020 to 2022, imports failed to regain momentum.
In value terms, imports of optical media; recorded, excluding products of chapter 37s skyrocketed to $497M in 2022. In general, total imports indicated a remarkable increase from 2019 to 2022: its value increased at an average annual rate of +8.0% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +58.0% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 33%. Over the period under review, imports of hit record highs in 2022 and are likely to continue growth in the immediate term.
Import of Optical Media; Recorded, Excluding Products of Chapter 37 in Canada (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Mexico | 62.1 | 45.4 | 169 | 246 | 58.2% |
United States | 272 | 215 | 188 | 150 | -18.0% |
Austria | 1.6 | 1.5 | 3.6 | 40.2 | 192.9% |
Japan | 9.6 | 10.1 | 12.1 | 14.9 | 15.8% |
Germany | 10.3 | 10.1 | 9.6 | 10.0 | -1.0% |
Taiwan (Chinese) | 1.7 | 1.7 | 1.6 | 1.0 | -16.2% |
Others | 37.5 | 31.2 | 35.7 | 35.5 | -1.8% |
Total | 394 | 315 | 420 | 497 | 8.0% |
Top Suppliers of Optical Media; Recorded, Excluding Products of Chapter 37 to Canada in 2022:
- Mexico (12.2M units)
- United States (8.8M units)
- Austria (1.1M units)
- Japan (0.6M units)
- Germany (0.5M units)
- Taiwan (Chinese) (0.1M units)
Exports of Optical Media; Recorded, Excluding Products of Chapter 37 in Canada
In 2022, after three years of growth, there was significant decline in overseas shipments of optical media; recorded, excluding products of chapter 37s, when their volume decreased by -45% to 719K units. Over the period under review, exports saw a abrupt curtailment. The pace of growth appeared the most rapid in 2020 with an increase of 21%. The exports peaked at 1.3M units in 2021, and then dropped significantly in the following year.
In value terms, exports of optical media; recorded, excluding products of chapter 37s dropped notably to $92M in 2022. In general, exports saw a deep contraction. The growth pace was the most rapid in 2021 when exports increased by 27% against the previous year. As a result, the exports reached the peak of $127M, and then shrank notably in the following year.
Export of Optical Media; Recorded, Excluding Products of Chapter 37 in Canada (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United States | 60.2 | 46.7 | 73.2 | 39.9 | -12.8% |
United Kingdom | 4.2 | 15.1 | 2.7 | 1.7 | -26.0% |
Others | 47.3 | 38.6 | 51.3 | 50.2 | 2.0% |
Total | 112 | 100 | 127 | 91.8 | -6.4% |
Top Export Markets for Optical Media; Recorded, Excluding Products of Chapter 37 from Canada in 2022:
- United States (613.6K units)
- United Kingdom (13.1K units)
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