Price for Cameras, Photographic (Excluding Cinematographic); Parts and Accessories in Hong Kong SAR - 2023
Contents:
- Price for Cameras, Photographic (Excluding Cinematographic); Parts and Accessories in Hong Kong SAR (FOB) - 2022
- Price for Cameras, Photographic (Excluding Cinematographic); Parts and Accessories in Hong Kong SAR (CIF) - 2023
- Exports of Cameras, Photographic (Excluding Cinematographic); Parts and Accessories in Hong Kong SAR
- Imports of Cameras, Photographic (Excluding Cinematographic); Parts and Accessories in Hong Kong SAR
Price for Cameras, Photographic (Excluding Cinematographic); Parts and Accessories in Hong Kong SAR (FOB) - 2022
The average export price for cameras, photographic (excluding cinematographic); parts and accessorieses stood at $15 per unit in 2022, jumping by 46% against the previous year. In general, the export price recorded a resilient increase. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.
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 China ($28 per unit), while the average price for exports to Spain ($2.9 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 China (+18.5%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Cameras, Photographic (Excluding Cinematographic); Parts and Accessories in Hong Kong SAR (CIF) - 2023
The average import price for cameras, photographic (excluding cinematographic); parts and accessorieses stood at $17.9 per unit in November 2023, with a decrease of -16.7% against the previous month. Overall, the import price showed a mild curtailment. The growth pace was the most rapid in April 2023 an increase of 77% m-o-m. As a result, import price reached the peak level of $47.5 per unit. From May 2023 to November 2023, the average import prices remained at a lower figure.
There were significant differences in the average prices amongst the major supplying countries. In November 2023, the country with the highest price was Thailand ($167 per unit), while the price for the Philippines ($4.2 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 Thailand (+9.2%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Cameras, Photographic (Excluding Cinematographic); Parts and Accessories in Hong Kong SAR
In 2022, shipments abroad of cameras, photographic (excluding cinematographic); parts and accessorieses decreased by -52.2% to 3.6M units, falling for the second year in a row after two years of growth. Overall, exports recorded a dramatic descent. The most prominent rate of growth was recorded in 2020 with an increase of 7.9% against the previous year. As a result, the exports attained the peak of 9.7M units. From 2021 to 2022, the growth of the exports of failed to regain momentum.
In value terms, exports of cameras, photographic (excluding cinematographic); parts and accessorieses declined significantly to $54M in 2022. In general, exports saw a abrupt descent. The smallest decline of -2.9% was in 2021. Over the period under review, the exports of reached the maximum at $85M in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.
| Export of Cameras, Photographic (Excluding Cinematographic); Parts and Accessories in Hong Kong SAR (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 34.0 | 20.9 | 12.8 | 11.9 | -29.5% |
| Japan | 7.9 | 7.0 | 7.1 | 6.7 | -5.3% |
| United States | 10.4 | 5.8 | 6.2 | 5.2 | -20.6% |
| Taiwan (Chinese) | 2.7 | 3.6 | 4.7 | 4.3 | 16.8% |
| Thailand | 6.3 | 8.2 | 9.4 | 3.3 | -19.4% |
| France | 2.6 | 2.2 | 2.5 | 2.8 | 2.5% |
| Vietnam | 2.1 | 1.8 | 3.2 | 2.5 | 6.0% |
| United Kingdom | 3.9 | 1.4 | 1.5 | 1.8 | -22.7% |
| Germany | 1.1 | 1.1 | 2.0 | 1.5 | 10.9% |
| Netherlands | 1.1 | 1.0 | 0.9 | 1.3 | 5.7% |
| Singapore | 0.8 | 0.4 | 0.6 | 1.0 | 7.7% |
| Philippines | 2.5 | 19.8 | 16.9 | 0.3 | -50.7% |
| Spain | 0.2 | 0.3 | 0.2 | 0.3 | 14.5% |
| Others | 9.1 | 6.7 | 9.8 | 11.5 | 8.1% |
| Total | 84.7 | 80.1 | 77.8 | 54.3 | -13.8% |
Top Export Markets for Cameras, Photographic (Excluding Cinematographic); Parts and Accessories from Hong Kong SAR in 2022:
- United States (605.8K units)
- Taiwan (Chinese) (460.7K units)
- China (431.2K units)
- Japan (330.9K units)
- Thailand (274.7K units)
- France (216.5K units)
- United Kingdom (154.2K units)
- Vietnam (137.4K units)
- Spain (104.0K units)
- Singapore (81.3K units)
- Germany (62.7K units)
- Netherlands (58.8K units)
- Philippines (30.4K units)
Imports of Cameras, Photographic (Excluding Cinematographic); Parts and Accessories in Hong Kong SAR
For the third year in a row, Hong Kong SAR recorded decline in overseas purchases of cameras, photographic (excluding cinematographic); parts and accessorieses, which decreased by -24.5% to 1.7M units in 2022. In general, imports showed a dramatic slump. Over the period under review, imports of reached the peak figure at 4.8M units in 2019; however, from 2020 to 2022, imports remained at a lower figure.
In value terms, imports of cameras, photographic (excluding cinematographic); parts and accessorieses dropped slightly to $30M in 2022. Over the period under review, imports showed a abrupt decrease. Imports peaked at $53M in 2019; however, from 2020 to 2022, imports failed to regain momentum.
| Import of Cameras, Photographic (Excluding Cinematographic); Parts and Accessories in Hong Kong SAR (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 18.9 | 12.9 | 9.6 | 9.2 | -21.3% |
| Japan | 10.9 | 8.2 | 6.9 | 9.1 | -5.8% |
| Thailand | 6.2 | 2.6 | 2.9 | 3.6 | -16.6% |
| South Korea | 2.4 | 1.2 | 2.4 | 1.5 | -14.5% |
| Philippines | 4.7 | 2.1 | 1.6 | 1.1 | -38.4% |
| Vietnam | 1.5 | 1.3 | 1.2 | 1.0 | -12.6% |
| United States | 1.2 | 1.6 | 1.2 | 0.9 | -9.1% |
| Germany | 0.5 | 0.2 | 0.2 | 0.8 | 17.0% |
| Singapore | 1.3 | 0.7 | 0.8 | 0.7 | -18.6% |
| Others | 5.7 | 3.9 | 3.0 | 1.5 | -35.9% |
| Total | 53.4 | 34.8 | 29.9 | 29.5 | -17.9% |
Top Suppliers of Cameras, Photographic (Excluding Cinematographic); Parts and Accessories to Hong Kong SAR in 2022:
- China (854.6K units)
- Thailand (218.7K units)
- Philippines (193.4K units)
- Japan (157.1K units)
- United States (80.4K units)
- Germany (37.5K units)
- Singapore (25.8K units)
- South Korea (25.4K units)
- Vietnam (23.2K units)
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