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

Contents:

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

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

The average import price for video recording or reproducing apparatus; other than magnetic tape-types stood at $26 per unit in 2022, growing by 14% against the previous year. Overall, the import price, however, continues to indicate a abrupt decline. The pace of growth was the most pronounced in 2017 an increase of 43% against the previous year. The import price peaked at $55 per unit in 2013; however, from 2014 to 2022, import prices remained at a 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 Singapore ($92 per unit), while the price for India ($8.3 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Indonesia (+11.0%), 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 Sri Lanka (FOB) - 2022

In 2022, the average export price for video recording or reproducing apparatus; other than magnetic tape-types amounted to $134 per unit, growing by 64% against the previous year. In general, the export price, however, recorded a slight shrinkage. The most prominent rate of growth was recorded in 2016 when the average export price increased by 323%. The export price peaked at $413 per unit in 2017; however, from 2018 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Maldives ($130 per unit), while the average price for exports to India totaled $32 per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Singapore (+27.2%), while the prices for the other major destinations experienced mixed trend patterns.

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

For the third consecutive year, Sri Lanka recorded decline in overseas purchases of video recording or reproducing apparatus; other than magnetic tape-types, which decreased by -66.7% to 72K units in 2022. In general, imports recorded a precipitous setback. The smallest decline of -16.8% was in 2021. Over the period under review, imports of reached the peak figure at 325K units in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

In value terms, imports of video recording or reproducing apparatus; other than magnetic tape-types dropped remarkably to $1.8M in 2022. Over the period under review, imports saw a dramatic decrease. The smallest decline of -13.2% was in 2020. Imports peaked at $8.1M in 2019; however, from 2020 to 2022, imports remained at a lower figure.

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

1. China (63.6K units)
2. India (6.4K units)
3. Malaysia (0.3K units)

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

In 2022, the amount of video recording or reproducing apparatus; other than magnetic tape-types exported from Sri Lanka contracted dramatically to 70 units, falling by -79.9% compared with 2021 figures. Overall, exports recorded a precipitous decline. The most prominent rate of growth was recorded in 2021 with an increase of 228%. As a result, the exports reached the peak of 348 units, and then contracted sharply in the following year.

In value terms, exports of video recording or reproducing apparatus; other than magnetic tape-types declined sharply to $9.4K in 2022. In general, exports continue to indicate a dramatic shrinkage. The growth pace was the most rapid in 2021 with an increase of 98%. As a result, the exports reached the peak of $28K, and then dropped sharply in the following year.

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

1. Maldives (67.0 units)

Source: IndexBox Market Intelligence Platform