Pakistan: Photo Camera Market 2024

Photo Camera Market Size in Pakistan

The Pakistani photo camera market rose remarkably to $X in 2022, with an increase of X% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Overall, consumption showed buoyant growth. Photo camera consumption peaked in 2022 and is likely to see steady growth in the immediate term.

Photo Camera Exports

Exports from Pakistan

After two years of decline, shipments abroad of photographic (other than cinematographic) cameras decreased by X% to X units in 2022. In general, exports faced a precipitous setback. The most prominent rate of growth was recorded in 2019 with an increase of X% against the previous year. Over the period under review, the exports hit record highs at X units in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

In value terms, photo camera exports expanded rapidly to $X in 2022. Over the period under review, exports recorded a abrupt decrease. The pace of growth was the most pronounced in 2018 when exports increased by X% against the previous year. The exports peaked at $X in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

Exports by Country

Poland (X units), Djibouti (X units) and South Korea (X units) were the main destinations of photo camera exports from Pakistan, with a combined X% share of total exports. Moreover, photo camera exports in Poland exceeded the figures recorded by the second-largest exporter, Djibouti, twofold.

From 2013 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Poland (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, Djibouti ($X) emerged as the key foreign market for photographic (other than cinematographic) cameras exports from Pakistan, comprising X% of total exports. The second position in the ranking was taken by South Korea ($X), with a X% share of total exports.

From 2013 to 2022, the average annual growth rate of value to Djibouti was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: South Korea (X% per year) and Poland (X% per year).

Export Prices by Country

The average photo camera export price stood at $X per unit in 2022, jumping by X% against the previous year. Over the period under review, the export price recorded a prominent expansion. The pace of growth appeared the most rapid in 2018 when the average export price increased by X%. The export price peaked at $X per unit in 2020; however, from 2021 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Djibouti ($X per unit), while the average price for exports to Poland ($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 Ethiopia (X%), while the prices for the other major destinations experienced mixed trend patterns.

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Photo Camera Imports

Imports into Pakistan

Photo camera imports into Pakistan expanded modestly to X units in 2022, surging by X% against the year before. Overall, imports showed a resilient increase. The most prominent rate of growth was recorded in 2020 with an increase of X% against the previous year. As a result, imports attained the peak of X units. From 2021 to 2022, the growth of imports failed to regain momentum.

In value terms, photo camera imports surged to $X in 2022. In general, imports recorded a strong increase. The pace of growth appeared the most rapid in 2014 when imports increased by X% against the previous year. Over the period under review, imports attained the maximum in 2022 and are expected to retain growth in the near future.

Imports by Country

Singapore (X units), China (X units) and the United States (X units) were the main suppliers of photo camera imports to Pakistan, together comprising X% of total imports. The UK, Thailand and the United Arab Emirates lagged somewhat behind, together comprising a further X%.

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

In value terms, Singapore ($X), the United States ($X) and the UK ($X) appeared to be the largest photo camera suppliers to Pakistan, with a combined X% share of total imports. China, Thailand and the United Arab Emirates lagged somewhat behind, together comprising a further X%.

Among the main suppliers, Thailand, with a CAGR of X%, saw the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the average photo camera import price amounted to $X per unit, increasing by X% against the previous year. Overall, the import price continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2014 when the average import price increased by X%. As a result, import price reached the peak level of $X per unit. From 2015 to 2022, the average import prices failed to regain momentum.

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

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

Source: IndexBox Platform