Article Publishing Date:Aug 16, 2024
Netherlands Magnetic Media Imports
In 2023, imports of magnetic media, not recorded, except cards with a magnetic stripe into the Netherlands fell sharply to 1.3M units, with a decrease of -82.8% on the previous year. Overall, imports showed a drastic downturn. The pace of growth appeared the most rapid in 2022 with an increase of 577%. Over the period under review, imports attained the peak figure at 11M units in 2013; however, from 2014 to 2023, imports remained at a lower figure.
In value terms, magnetic media imports dropped dramatically to $36M (IndexBox estimates) in 2023. Over the period under review, imports showed a abrupt setback. The pace of growth appeared the most rapid in 2022 when imports increased by 165%. Over the period under review, imports reached the maximum at $193M in 2013; however, from 2014 to 2023, imports remained at a lower figure.
| COUNTRY | Import Value of Magnetic Media in Netherlands (million USD) | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
| 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
| Czech Republic | 0.6 | 1.7 | 0.9 | 0.9 | 0.6 | 0.4 | 0.3 | 1.9 | 10.8 | 5.2 | 12.7 |
| Japan | 132 | 116 | 55.7 | 29.7 | 4.2 | 4.3 | 4.1 | 23.4 | 13.6 | 16.0 | 9.1 |
| Belgium | 2.2 | 1.7 | 3.7 | 4.6 | 4.7 | 4.2 | 1.3 | 10.8 | 0.8 | 6.2 | 4.7 |
| Italy | 0.9 | 0.3 | 1.3 | 0.3 | 0.1 | 0.1 | 0.2 | 0.5 | 0.9 | 0.5 | 2.0 |
| Germany | 10.6 | 11.8 | 10.7 | 6.6 | 6.6 | 1.9 | 1.6 | 1.6 | 3.8 | 1.9 | 1.9 |
| United States | 25.3 | 31.7 | 25.5 | 27.6 | 43.4 | 9.4 | 12.5 | 0.9 | 1.4 | 0.8 | 1.1 |
| China | 1.7 | 0.9 | 0.2 | 0.5 | 1.8 | 1.3 | 0.9 | 0.3 | 0.9 | 59.0 | 1.0 |
| Singapore | 3.3 | 3.4 | 26.8 | 0.1 | 0.4 | 0.4 | 0.4 | 0.2 | 0.1 | N/A | N/A |
| Others | 16.1 | 12.1 | 14.0 | 4.7 | 8.2 | 4.1 | 10.1 | 4.5 | 4.3 | 7.1 | 3.5 |
| Total | 193 | 180 | 139 | 74.9 | 70.0 | 26.1 | 31.4 | 44.0 | 36.5 | 96.7 | 35.8 |
Imports by Country
In 2023, the Czech Republic (596K units) constituted the largest supplier of magnetic media to the Netherlands, accounting for a 46% share of total imports. Moreover, magnetic media imports from the Czech Republic exceeded the figures recorded by the second-largest supplier, Belgium (154K units), fourfold. The third position in this ranking was taken by Japan (134K units), with a 10% share.
From 2013 to 2023, the average annual rate of growth in terms of volume from the Czech Republic stood at +52.8%. The remaining supplying countries recorded the following average annual rates of imports growth: Belgium (-1.7% per year) and Japan (-32.3% per year).
In value terms, the Czech Republic ($13M), Japan ($9.1M) and Belgium ($4.7M) appeared to be the largest magnetic media suppliers to the Netherlands, with a combined 74% share of total imports.
In terms of the main suppliers, the Czech Republic, with a CAGR of +34.6%, saw the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.
Import Prices by Country
In 2023, the magnetic media price amounted to $28 per unit (CIF, Netherlands), rising by 116% against the previous year. In general, import price indicated a notable increase from 2013 to 2023: its price increased at an average annual rate of +4.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, magnetic media import price decreased by -15.6% against 2021 indices. Over the period under review, average import prices attained the maximum at $33 per unit in 2021; however, from 2022 to 2023, import prices failed to regain momentum.
There were significant differences in the average prices amongst the major supplying countries. In 2023, amid the top importers, the country with the highest price was Japan ($68 per unit), while the price for China ($12 per unit) was amongst the lowest.
From 2013 to 2023, the most notable rate of growth in terms of prices was attained by Japan (+13.0%), while the prices for the other major suppliers experienced more modest paces of growth.
Source: IndexBox Market Intelligence Platform
This report provides an in-depth analysis of the magnetic media market in the Netherlands. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 26801100 - Magnetic tapes and magnetic discs, unrecorded, for the recording of sound or of other phenomena
Country coverage:
- Netherlands
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