Asia-Pacific: Photo Camera Market 2024

Photo Camera Market Size in Asia-Pacific

The Asia-Pacific photo camera market amounted to $X in 2022, therefore, remained relatively stable against the previous year. In general, consumption, however, saw a relatively flat trend pattern. As a result, consumption reached the peak level of $X. From 2019 to 2022, the growth of the market remained at a somewhat lower figure.

Photo Camera Production in Asia-Pacific

In value terms, photo camera production shrank to $X in 2022 estimated in export price. In general, production saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2018 with an increase of X% against the previous year. As a result, production attained the peak level of $X. From 2019 to 2022, production growth failed to regain momentum.

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Photo Camera Exports

Exports in Asia-Pacific

In 2022, overseas shipments of photographic (other than cinematographic) cameras increased by X% to X units, rising for the second year in a row after three years of decline. In general, exports, however, recorded a abrupt shrinkage. The growth pace was the most rapid in 2017 with an increase of X% against the previous year. Over the period under review, the exports reached the maximum at X units in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

In value terms, photo camera exports rose sharply to $X in 2022. Overall, exports, however, recorded a pronounced downturn. The most prominent rate of growth was recorded in 2017 with an increase of X% against the previous year. The level of export peaked at $X in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

Exports by Country

China represented the main exporter of photographic (other than cinematographic) cameras in Asia-Pacific, with the volume of exports finishing at X units, which was near X% of total exports in 2022. Thailand (X units) took a X% share (based on physical terms) of total exports, which put it in second place, followed by the Philippines (X%) and Hong Kong SAR (X%). The following exporters - Malaysia (X units) and Vietnam (X units) - together made up X% of total exports.

From 2012 to 2022, average annual rates of growth with regard to photo camera exports from China stood at X%. At the same time, Vietnam (X%) and Thailand (X%) displayed positive paces of growth. Moreover, Vietnam emerged as the fastest-growing exporter exported in Asia-Pacific, with a CAGR of X% from 2012-2022. Hong Kong SAR experienced a relatively flat trend pattern. By contrast, the Philippines (X%) and Malaysia (X%) illustrated a downward trend over the same period. China (X p.p.), Thailand (X p.p.), Hong Kong SAR (X p.p.) and Vietnam (X p.p.) significantly strengthened its position in terms of the total exports, while Malaysia and the Philippines saw its share reduced by X% and X% from 2012 to 2022, respectively.

In value terms, China ($X), Hong Kong SAR ($X) and Thailand ($X) constituted the countries with the highest levels of exports in 2022, with a combined X% share of total exports. Vietnam, the Philippines and Malaysia lagged somewhat behind, together accounting for a further X%.

Vietnam, with a CAGR of X%, saw the highest rates of growth with regard to the value of exports, in terms of the main exporting countries over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the export price in Asia-Pacific amounted to $X per unit, growing by X% against the previous year. Export price indicated a notable expansion from 2012 to 2022: its price increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, photo camera export price decreased by X% against 2018 indices. The pace of growth appeared the most rapid in 2015 when the export price increased by X% against the previous year. The level of export peaked at $X per unit in 2018; however, from 2019 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Vietnam ($X per unit), while Thailand ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Hong Kong SAR (X%), while the other leaders experienced more modest paces of growth.

Photo Camera Imports

Imports in Asia-Pacific

In 2022, photo camera imports in Asia-Pacific skyrocketed to X units, growing by X% against 2021 figures. Total imports indicated a slight expansion from 2012 to 2022: its volume increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by X% against 2020 indices. The most prominent rate of growth was recorded in 2018 when imports increased by X%. Over the period under review, imports reached the peak figure at X units in 2013; however, from 2014 to 2022, imports stood at a somewhat lower figure.

In value terms, photo camera imports surged to $X in 2022. Total imports indicated a noticeable increase from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by X% against 2016 indices. The growth pace was the most rapid in 2021 with an increase of X% against the previous year. Over the period under review, imports attained the peak figure in 2022 and are expected to retain growth in the near future.

Imports by Country

In 2022, Japan (X units), distantly followed by China (X units), Hong Kong SAR (X units), South Korea (X units), Australia (X units), India (X units) and Singapore (X units) were the main importers of photographic (other than cinematographic) cameras, together creating X% of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main importing countries, was attained by South Korea (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Hong Kong SAR ($X) constitutes the largest market for imported photographic (other than cinematographic) cameras in Asia-Pacific, comprising X% of total imports. The second position in the ranking was held by Japan ($X), with a X% share of total imports. It was followed by South Korea, with an X% share.

In Hong Kong SAR, photo camera imports expanded at an average annual rate of X% over the period from 2012-2022. In the other countries, the average annual rates were as follows: Japan (X% per year) and South Korea (X% per year).

Import Prices by Country

The import price in Asia-Pacific stood at $X per unit in 2022, shrinking by X% against the previous year. Import price indicated tangible growth from 2012 to 2022: its price increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, photo camera import price decreased by X% against 2020 indices. The most prominent rate of growth was recorded in 2017 an increase of X%. As a result, import price attained the peak level of $X per unit. From 2018 to 2022, the import prices remained at a lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Hong Kong SAR ($X per unit), while Japan ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Japan (X%), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform