Price for Cameras, Photographic (Excluding Cinematographic); Instant Print Cameras in India - 2023

Contents:

  1. Price for Cameras, Photographic (Excluding Cinematographic); Instant Print Cameras in India (CIF) - 2023
  2. Price for Cameras, Photographic (Excluding Cinematographic); Instant Print Cameras in India (FOB) - 2023
  3. Imports of Cameras, Photographic (Excluding Cinematographic); Instant Print Cameras in India
  4. Exports of Cameras, Photographic (Excluding Cinematographic); Instant Print Cameras in India

Price for Cameras, Photographic (Excluding Cinematographic); Instant Print Cameras in India (CIF) - 2023

The average import price for cameras, photographic (excluding cinematographic); instant print camerases stood at $35.1 per unit in November 2023, with an increase of 16% against the previous month. Over the period under review, the import price, however, saw a drastic downturn. The pace of growth appeared the most rapid in August 2023 an increase of 31% against the previous month. The import price peaked at $114 per unit in November 2022; however, from December 2022 to November 2023, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In November 2023, the country with the highest price was Hong Kong SAR ($85.4 per unit), while the price for China ($30.7 per unit) was amongst the lowest.

From November 2022 to November 2023, the most notable rate of growth in terms of prices was attained by the Philippines (+0.4%), while the prices for the other major suppliers experienced a decline.

Price for Cameras, Photographic (Excluding Cinematographic); Instant Print Cameras in India (FOB) - 2023

The average export price for cameras, photographic (excluding cinematographic); instant print camerases stood at $55.0 per unit in November 2023, rising by 2.5% against the previous month. Overall, the export price, however, showed a relatively flat trend pattern. The growth pace was the most rapid in April 2023 when the average export price increased by 24% month-to-month. The export price peaked at $64.8 per unit in July 2023; however, from August 2023 to November 2023, the export prices failed to regain momentum.

Average prices varied noticeably for the major external markets. In November 2023, the country with the highest price was Hong Kong SAR ($56.7 per unit), while the average price for exports to the United Arab Emirates ($50.3 per unit) was amongst the lowest.

From November 2022 to November 2023, the most notable rate of growth in terms of prices was recorded for supplies to Hong Kong SAR (+1.0%), while the prices for the other major destinations experienced a decline.

Imports of Cameras, Photographic (Excluding Cinematographic); Instant Print Cameras in India

After two years of decline, overseas purchases of cameras, photographic (excluding cinematographic); instant print camerases increased by 40% to 169K units in 2022. The total import volume increased at an average annual rate of +7.6% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, imports of cameras, photographic (excluding cinematographic); instant print camerases surged to $6.1M in 2022. In general, total imports indicated a strong increase from 2019 to 2022: its value increased at an average annual rate of +16.6% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Import of Cameras, Photographic (Excluding Cinematographic); Instant Print Cameras in India (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China1,3516015761,7949.9%
Thailand9402,6381,2031,59819.3%
South KoreaN/AN/A63.61,2771907.9%
Philippines657N/A1,4698117.3%
Hong Kong SAR31.6109150627170.7%
Japan8253501610.3-92.9%
Others65.619927.725.5-27.0%
Total3,8693,8973,6506,13316.6%

Top Suppliers of Cameras, Photographic (Excluding Cinematographic); Instant Print Cameras to India in 2022:

  1. China (67.8K units)
  2. Thailand (56.1K units)
  3. Philippines (29.0K units)
  4. South Korea (8.2K units)
  5. Hong Kong SAR (7.8K units)

Exports of Cameras, Photographic (Excluding Cinematographic); Instant Print Cameras in India

In 2022, approx. 24K units of cameras, photographic (excluding cinematographic); instant print camerases were exported from India; increasing by 2.3% compared with the year before. Over the period under review, exports continue to indicate significant growth. The pace of growth was the most pronounced in 2020 with an increase of 1,974%. As a result, the exports attained the peak of 36K units. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.

In value terms, exports of cameras, photographic (excluding cinematographic); instant print camerases soared to $1.2M in 2022. Overall, exports posted a significant expansion. The most prominent rate of growth was recorded in 2020 with an increase of 1,562%. As a result, the exports attained the peak of $1.3M. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.

Export of Cameras, Photographic (Excluding Cinematographic); Instant Print Cameras in India (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United Arab Emirates10.6N/AN/A681300.5%
Singapore8.6802516301227.1%
Hong Kong SAR35.9N/A22.518271.8%
United StatesN/A14329032.3-52.5%
ThailandN/AN/AN/A30.10%
MalaysiaN/AN/A47.5N/A0%
Poland19.2310N/AN/A1514.6%
Others2.217.822.90.3-48.5%
Total76.61,2738991,226152.0%

Top Export Markets for Cameras, Photographic (Excluding Cinematographic); Instant Print Cameras from India in 2022:

  1. United Arab Emirates (14.7K units)
  2. Singapore (5.1K units)
  3. Hong Kong SAR (3.3K units)
  4. Thailand (0.6K units)
  5. United States (0.5K units)

Source: IndexBox Market Intelligence Platform

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