Price for Video Recording or Reproducing Apparatus; Other than Magnetic Tape-Type in Belgium - 2023
Contents:
- Price for Video Recording or Reproducing Apparatus; Other than Magnetic Tape-Type in Belgium (FOB) - 2022
- Price for Video Recording or Reproducing Apparatus; Other than Magnetic Tape-Type in Belgium (CIF) - 2023
- Exports of Video Recording or Reproducing Apparatus; Other than Magnetic Tape-Type in Belgium
- Imports of Video Recording or Reproducing Apparatus; Other than Magnetic Tape-Type in Belgium
Price for Video Recording or Reproducing Apparatus; Other than Magnetic Tape-Type in Belgium (FOB) - 2022
In 2022, the average export price for video recording or reproducing apparatus; other than magnetic tape-types amounted to $469 per unit, growing by 6.6% against the previous year. Over the period under review, the export price showed resilient growth. The most prominent rate of growth was recorded in 2014 when the average export price increased by 54% against the previous year. The export price peaked at $999 per unit in 2019; however, from 2020 to 2022, the export prices failed to regain momentum.
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 the United States ($4,009 per unit), while the average price for exports to Luxembourg ($109 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 Spain (+29.8%), 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 Belgium (CIF) - 2023
In October 2023, the average import price for video recording or reproducing apparatus; other than magnetic tape-types amounted to $52.2 per unit, with a decrease of -50.5% against the previous month. In general, the import price showed a pronounced shrinkage. The most prominent rate of growth was recorded in December 2022 an increase of 86% against the previous month. The import price peaked at $209 per unit in August 2023; however, from September 2023 to October 2023, import prices remained at a lower figure.
As there is only one major supplying country, the average price level is determined by prices for China.
From October 2022 to October 2023, the rate of growth in terms of prices for the Netherlands amounted to +4.4% per month.
Exports of Video Recording or Reproducing Apparatus; Other than Magnetic Tape-Type in Belgium
In 2022, after three years of growth, there was significant decline in overseas shipments of video recording or reproducing apparatus; other than magnetic tape-types, when their volume decreased by -13.8% to 175K units. In general, exports, however, showed a significant increase. The pace of growth appeared the most rapid in 2020 when exports increased by 139%. The exports peaked at 203K units in 2021, and then contracted in the following year.
In value terms, exports of video recording or reproducing apparatus; other than magnetic tape-types contracted to $82M in 2022. The total export value increased at an average annual rate of +2.4% from 2019 to 2022; however, the trend pattern remained consistent, with somewhat noticeable fluctuations in certain years. The pace of growth was the most pronounced in 2021 when exports increased by 27%. As a result, the exports reached the peak of $89M, and then fell in the following year.
| Export of Video Recording or Reproducing Apparatus; Other than Magnetic Tape-Type in Belgium (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 22.6 | 13.6 | 16.2 | 26.6 | 5.6% |
| Germany | 7.5 | 13.0 | 13.1 | 14.7 | 25.1% |
| Hong Kong SAR | 9.3 | 7.8 | 12.8 | 10.4 | 3.8% |
| United Kingdom | 9.2 | 10.4 | 4.3 | 4.1 | -23.6% |
| France | 1.6 | 5.1 | 6.0 | 3.9 | 34.6% |
| Netherlands | 2.2 | 3.1 | 1.6 | 3.1 | 12.1% |
| Australia | 0.1 | 0.1 | N/A | 1.6 | 152.0% |
| Spain | 7.2 | 2.3 | 11.1 | 1.4 | -42.1% |
| Italy | 1.9 | 3.3 | 1.8 | 1.0 | -19.3% |
| Portugal | 3.2 | 1.0 | 1.2 | 0.4 | -50.0% |
| Others | 11.6 | 10.7 | 21.0 | 15.0 | 8.9% |
| Total | 76.4 | 70.3 | 89.2 | 82.0 | 2.4% |
Top Export Markets for Video Recording or Reproducing Apparatus; Other than Magnetic Tape-Type from Belgium in 2022:
- Germany (89.7K units)
- France (33.9K units)
- Netherlands (10.5K units)
- Italy (9.1K units)
- United States (6.6K units)
- Hong Kong SAR (5.4K units)
- Australia (2.9K units)
- United Kingdom (2.5K units)
- Spain (0.7K units)
- Portugal (0.4K units)
Imports of Video Recording or Reproducing Apparatus; Other than Magnetic Tape-Type in Belgium
In 2022, approx. 491K units of video recording or reproducing apparatus; other than magnetic tape-types were imported into Belgium; picking up by 4.3% compared with the year before. The total import volume increased at an average annual rate of +7.8% from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2020 with an increase of 30%. As a result, imports attained the peak of 510K units. From 2021 to 2022, the growth of imports of remained at a lower figure.
In value terms, imports of video recording or reproducing apparatus; other than magnetic tape-types soared to $53M in 2022. The total import value increased at an average annual rate of +3.9% over the period from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being recorded in certain years. 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 Belgium (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Netherlands | 19.4 | 16.6 | 23.3 | 32.4 | 18.6% |
| China | 5.2 | 10.1 | 10.0 | 8.4 | 17.3% |
| Germany | 3.0 | 2.9 | 4.0 | 2.5 | -5.9% |
| Sweden | N/A | 0.2 | 1.0 | 2.2 | 231.7% |
| Luxembourg | 0.2 | 0.1 | N/A | 1.8 | 108.0% |
| France | 2.0 | 1.7 | 1.8 | 1.3 | -13.4% |
| Indonesia | 3.6 | 3.8 | 0.6 | 0.1 | -69.7% |
| Thailand | 5.3 | 5.5 | 0.9 | 0.1 | -73.4% |
| Others | 8.1 | 7.7 | 3.1 | 3.7 | -23.0% |
| Total | 46.8 | 48.5 | 44.7 | 52.5 | 3.9% |
Top Suppliers of Video Recording or Reproducing Apparatus; Other than Magnetic Tape-Type to Belgium in 2022:
- China (269.3K units)
- Netherlands (141.8K units)
- Luxembourg (27.3K units)
- Germany (18.2K units)
- Sweden (9.7K units)
- France (5.3K units)
- Thailand (2.0K units)
- Indonesia (0.6K units)
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