U.S.: Market for Magnetic And Optical Recording Media 2025

Market Size for Magnetic And Optical Recording Media in the U.S.

The U.S. market for magnetic and optical recording media expanded significantly to $X in 2022, increasing by X% against the previous year. Overall, consumption, however, posted resilient growth. Magnetic and optical recording media consumption peaked in 2022 and is expected to retain growth in the near future.

Production of Magnetic And Optical Recording Media in the U.S.

In value terms, magnetic and optical recording media production amounted to $X in 2022. In general, production, however, showed a slight descent. The growth pace was the most rapid in 2014 when the production volume increased by X% against the previous year. As a result, production reached the peak level of $X. From 2015 to 2022, production growth failed to regain momentum.

Exports of Magnetic And Optical Recording Media

Exports from the U.S.

In 2022, overseas shipments of magnetic and optical recording media decreased by X% to X units for the first time since 2017, thus ending a four-year rising trend. Over the period under review, exports, however, posted a measured expansion. The most prominent rate of growth was recorded in 2020 when exports increased by X%. The exports peaked at X units in 2021, and then fell significantly in the following year.

In value terms, magnetic and optical recording media exports expanded notably to $X in 2022. In general, exports, however, continue to indicate prominent growth. The pace of growth was the most pronounced in 2020 with an increase of X% against the previous year. The exports peaked in 2022 and are expected to retain growth in years to come.

Exports by Country

Mexico (X units) was the main destination for magnetic and optical recording media exports from the United States, with a X% share of total exports. Moreover, magnetic and optical recording media exports to Mexico exceeded the volume sent to the second major destination, China (X units), ninefold. The third position in this ranking was held by Canada (X units), with a X% share.

From 2013 to 2022, the average annual rate of growth in terms of volume to Mexico stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: China (X% per year) and Canada (X% per year).

In value terms, Mexico ($X) remains the key foreign market for magnetic and optical recording media exports from the United States, comprising X% of total exports. The second position in the ranking was taken by China ($X), with a X% share of total exports. It was followed by Canada, with a X% share.

From 2013 to 2022, the average annual rate of growth in terms of value to Mexico amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: China (X% per year) and Canada (X% per year).

Export Prices by Country

In 2022, the average export price for magnetic and optical recording media amounted to $X per unit, growing by X% against the previous year. In general, the export price saw buoyant growth. The pace of growth was the most pronounced in 2017 when the average export price increased by X% against the previous year. The export price peaked in 2022 and is likely to continue growth in the immediate term.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the Netherlands ($X per unit), while the average price for exports to Paraguay ($X per unit) was amongst the lowest.

From 2013 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Taiwan (Chinese) (X%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Magnetic And Optical Recording Media

Imports into the U.S.

After four years of growth, supplies from abroad of magnetic and optical recording media decreased by X% to X units in 2022. Over the period under review, total imports indicated a noticeable expansion from 2013 to 2022: its volume increased at an average annual rate of X% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2020 with an increase of X% against the previous year. Imports peaked at X units in 2021, and then reduced rapidly in the following year.

In value terms, magnetic and optical recording media imports rose rapidly to $X in 2022. Overall, imports, however, saw resilient growth. The growth pace was the most rapid in 2020 when imports increased by X%. Over the period under review, imports attained the maximum in 2022 and are expected to retain growth in the near future.

Imports by Country

In 2022, Taiwan (Chinese) (X units) constituted the largest supplier of magnetic and optical recording media to the United States, accounting for a X% share of total imports. Moreover, magnetic and optical recording media imports from Taiwan (Chinese) exceeded the figures recorded by the second-largest supplier, Malaysia (X units), fivefold. South Korea (X units) ranked third in terms of total imports with a X% share.

From 2013 to 2022, the average annual rate of growth in terms of volume from Taiwan (Chinese) stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: Malaysia (X% per year) and South Korea (X% per year).

In value terms, South Korea ($X) constituted the largest supplier of magnetic and optical recording media to the United States, comprising X% of total imports. The second position in the ranking was held by Taiwan (Chinese) ($X), with a X% share of total imports. It was followed by Malaysia, with a X% share.

From 2013 to 2022, the average annual rate of growth in terms of value from South Korea totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: Taiwan (Chinese) (X% per year) and Malaysia (X% per year).

Import Prices by Country

The average import price for magnetic and optical recording media stood at $X per unit in 2022, with an increase of X% against the previous year. Overall, the import price recorded buoyant growth. The most prominent rate of growth was recorded in 2017 when the average import price increased by X%. The import price peaked in 2022 and is expected to retain growth in the near future.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was South Korea ($X per unit), while the price for Germany ($X per unit) was amongst the lowest.

From 2013 to 2022, the most notable rate of growth in terms of prices was attained by Mexico (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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