Price for Video Recording or Reproducing Apparatus; Magnetic Tape-Type in South Africa - 2023

Contents:

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

Price for Video Recording or Reproducing Apparatus; Magnetic Tape-Type in South Africa (CIF) - 2022

The average import price for video recording or reproducing apparatus; magnetic tape-types stood at $66 per unit in 2022, surging by 33% against the previous year. Overall, the import price, however, continues to indicate a drastic downturn. Over the period under review, average import prices reached the peak figure at $349 per unit in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.

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 the UK ($741 per unit), while the price for Taiwan (Chinese) ($20 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Japan (+7.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Video Recording or Reproducing Apparatus; Magnetic Tape-Type in South Africa (FOB) - 2022

The average export price for video recording or reproducing apparatus; magnetic tape-types stood at $36 per unit in 2022, dropping by -37.4% against the previous year. Over the period under review, the export price continues to indicate a abrupt slump. The growth pace was the most rapid in 2015 when the average export price increased by 74% against the previous year. As a result, the export price attained the peak level of $133 per unit. From 2016 to 2022, the average export prices remained at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Zambia ($438 per unit), while the average price for exports to Mali ($0.9 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 Zambia (+20.6%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Video Recording or Reproducing Apparatus; Magnetic Tape-Type in South Africa

Imports of video recording or reproducing apparatus; magnetic tape-types into South Africa skyrocketed to 992 units in 2022, rising by 39% compared with the previous year's figure. Overall, imports saw slight growth. The growth pace was the most rapid in 2021 with an increase of 193%. Imports peaked in 2022 and are expected to retain growth in the near future.

In value terms, imports of video recording or reproducing apparatus; magnetic tape-types soared to $66K in 2022. Over the period under review, imports showed significant growth. The growth pace was the most rapid in 2021 with an increase of 211%. Over the period under review, imports of reached the maximum in 2022 and are likely to see steady growth in years to come.

Import of Video Recording or Reproducing Apparatus; Magnetic Tape-Type in South Africa (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China5.40.221.414.438.7%
United KingdomN/AN/A6.114.1131.1%
MalaysiaN/AN/AN/A11.40%
South Korea0.10.1N/A7.8327.3%
United Arab Emirates16.310.92.16.6-26.0%
Taiwan (Chinese)9.2N/A1.14.4-21.8%
AustraliaN/AN/AN/A2.50%
Others5.20.34.74.5-4.7%
Total36.111.435.565.622.0%

Top Suppliers of Video Recording or Reproducing Apparatus; Magnetic Tape-Type to South Africa in 2022:

  1. China (467.0 units)
  2. Taiwan (Chinese) (226.0 units)
  3. United Arab Emirates (120.0 units)
  4. Malaysia (50.0 units)
  5. Australia (41.0 units)
  6. South Korea (40.0 units)
  7. United Kingdom (19.0 units)

Exports of Video Recording or Reproducing Apparatus; Magnetic Tape-Type in South Africa

In 2022, exports of video recording or reproducing apparatus; magnetic tape-types from South Africa dropped rapidly to 499 units, with a decrease of -40.3% on the previous year. Over the period under review, exports continue to indicate a deep reduction. The pace of growth was the most pronounced in 2021 with an increase of 3.3%. Over the period under review, the exports of attained the maximum at 945 units in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

In value terms, exports of video recording or reproducing apparatus; magnetic tape-types contracted notably to $18K in 2022. Overall, exports faced a sharp decline. The pace of growth appeared the most rapid in 2020 when exports increased by 40%. As a result, the exports reached the peak of $58K. From 2021 to 2022, the growth of the exports of failed to regain momentum.

Export of Video Recording or Reproducing Apparatus; Magnetic Tape-Type in South Africa (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Zambia0.1N/A23.16.1293.6%
Botswana16.65.81.03.4-41.1%
United States0.1N/AN/A2.4188.4%
Lesotho9.24.13.92.1-38.9%
Democratic Republic of the CongoN/A6.2N/A1.1-57.9%
GhanaN/AN/A14.40.8-94.4%
Swaziland1.45.72.50.8-17.0%
ChinaN/A0.10.30.5123.6%
Zimbabwe1.6N/A0.20.4-37.0%
AngolaN/AN/AN/A0.10%
Namibia4.919.20.50.1-72.7%
Burkina FasoN/AN/AN/A0.10%
MaliN/AN/AN/AN/A0%
Others7.316.72.70.1-76.1%
Total41.157.848.518.1-23.9%

Top Export Markets for Video Recording or Reproducing Apparatus; Magnetic Tape-Type from South Africa in 2022:

  1. Lesotho (237.0 units)
  2. United States (96.0 units)
  3. Burkina Faso (36.0 units)
  4. Angola (30.0 units)
  5. Botswana (18.0 units)
  6. Ghana (16.0 units)
  7. Zambia (14.0 units)
  8. China (12.0 units)
  9. Mali (10.0 units)
  10. Democratic Republic of the Congo (10.0 units)
  11. Zimbabwe (10.0 units)
  12. Swaziland (7.0 units)
  13. Namibia (1.0 units)

Source: IndexBox Market Intelligence Platform

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