Latin America and the Caribbean: Photo Camera Market 2024

Photo Camera Market Size in Latin America and the Caribbean

The Latin American photo camera market stood at $X in 2022, remaining relatively unchanged against the previous year. Overall, consumption, however, showed a slight curtailment. Over the period under review, the market hit record highs at $X in 2012; however, from 2013 to 2022, consumption stood at a somewhat lower figure.

Photo Camera Production in Latin America and the Caribbean

In value terms, photo camera production amounted to $X in 2022 estimated in export price. Over the period under review, production, however, recorded a abrupt slump. The pace of growth appeared the most rapid in 2018 when the production volume increased by X% against the previous year. The level of production peaked at $X in 2012; however, from 2013 to 2022, production failed to regain momentum.

Photo Camera Exports

Exports in Latin America and the Caribbean

For the third consecutive year, LatAmerica and the Caribbean recorded growth in shipments abroad of photographic (other than cinematographic) cameras, which increased by X% to X units in 2022. Over the period under review, exports, however, faced a sharp decrease. The pace of growth was the most pronounced in 2018 when exports increased by X%. The volume of export peaked at X units in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

In value terms, photo camera exports dropped to $X in 2022. In general, exports, however, faced a precipitous setback. The pace of growth was the most pronounced in 2021 with an increase of X% against the previous year. Over the period under review, the exports reached the maximum at $X in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

Exports by Country

The biggest shipments were from Brazil (X units), Costa Rica (X units), Trinidad and Tobago (X units), Argentina (X units), Chile (X units), Peru (X units), Jamaica (X units), Panama (X units), Bahamas (X units) and Colombia (X units), together reaching X% of total export.

From 2012 to 2022, the biggest increases were recorded for Costa Rica (with a CAGR of X%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Argentina ($X), Jamaica ($X) and Chile ($X) constituted the countries with the highest levels of exports in 2022, with a combined X% share of total exports.

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

Export Prices by Country

The export price in Latin America and the Caribbean stood at $X per unit in 2022, waning by X% against the previous year. Overall, the export price, however, saw a significant increase. The most prominent rate of growth was recorded in 2013 when the export price increased by X%. Over the period under review, the export prices attained the maximum at $X per unit in 2019; however, from 2020 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 Jamaica ($X per unit), while Peru ($X per unit) was amongst the lowest.

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

Photo Camera Imports

Imports in Latin America and the Caribbean

In 2022, approx. X units of photographic (other than cinematographic) cameras were imported in Latin America and the Caribbean; with a decrease of X% compared with the year before. Overall, imports saw a abrupt contraction. The growth pace was the most rapid in 2018 with an increase of X%. Over the period under review, imports attained the peak figure at X units in 2012; however, from 2013 to 2022, imports remained at a lower figure.

In value terms, photo camera imports shrank slightly to $X in 2022. In general, imports continue to indicate a abrupt contraction. The most prominent rate of growth was recorded in 2021 when imports increased by X% against the previous year. The level of import peaked at $X in 2012; however, from 2013 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, Brazil (X units), distantly followed by Chile (X units), Colombia (X units), Argentina (X units), Mexico (X units) and Peru (X units) were the main importers of photographic (other than cinematographic) cameras, together achieving X% of total imports. Ecuador (X units) followed a long way behind the leaders.

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

In value terms, Chile ($X), Argentina ($X) and Brazil ($X) constituted the countries with the highest levels of imports in 2022, with a combined X% share of total imports. Colombia, Peru, Mexico and Ecuador lagged somewhat behind, together accounting for a further X%.

Peru, with a CAGR of X%, saw the highest rates of growth with regard to the value of imports, among the main importing countries over the period under review, while purchases for the other leaders experienced a decline in the imports figures.

Import Prices by Country

In 2022, the import price in Latin America and the Caribbean amounted to $X per unit, standing approx. at the previous year. Import price indicated a pronounced 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 import price increased by X% against 2020 indices. The pace of growth appeared the most rapid in 2015 an increase of X%. The level of import peaked at $X per unit in 2017; however, from 2018 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Argentina ($X per unit), while Brazil ($X per unit) was amongst the lowest.

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

Source: IndexBox Platform