Television, Video and Digital Camera Prices in China

China Television, Video and Digital Camera Export Price in August 2022

In August 2022, the television, video and digital camera price amounted to $58.9 per unit (FOB, China), rising by 5.7% against the previous month. Over the last seven-month period, it increased at an average monthly rate of +1.6%. The growth pace was the most rapid in February 2022 an increase of 15% against the previous month. As a result, the export price attained the peak level of $60.6 per unit. From March 2022 to August 2022, the the average export prices remained at a somewhat lower figure.

Prices varied noticeably by the country of destination: the country with the highest price was Japan ($122 per unit), while the average price for exports to Ecuador ($10.3 per unit) was amongst the lowest.

From January 2022 to August 2022, the most notable rate of growth in terms of prices was recorded for supplies to India (+5.4%), while the prices for the other major destinations experienced more modest paces of growth.

China Television, Video and Digital Camera Export Prices by Type

Prices varied noticeably by the product type; the product with the highest price was video recording or reproducing apparatus; other than magnetic tape-type ($58.9 per unit), while the average price for exports of video recording or reproducing apparatus; magnetic tape-type stood at $9.0 per unit.

From January 2022 to August 2022, the most notable rate of growth in terms of prices was recorded for the following types: video recording or reproducing apparatus; other than magnetic tape-type (+1.6%), while the prices for the other product experienced mixed trend patterns.

China Television, Video and Digital Camera Exports

In August 2022, shipments abroad of television, video and digital cameras decreased by -14.4% to 3.5M units for the first time since February 2022, thus ending a five-month rising trend. Overall, exports saw a noticeable decline. The most prominent rate of growth was recorded in April 2022 with an increase of 27% against the previous month. The exports peaked at 4.1M units in January 2022; however, from February 2022 to August 2022, the exports failed to regain momentum.

In value terms, television, video and digital camera exports declined to $204M (IndexBox estimates) in August 2022. Over the period under review, exports continue to indicate a mild slump. The pace of growth was the most pronounced in March 2022 with an increase of 25% month-to-month. The exports peaked at 226M units in July 2022, and then contracted in the following month.

China Television, Video and Digital Camera Exports by Type

Video recording or reproducing apparatus; other than magnetic tape-type (3.5M units) was the largest type of television, video and digital camera exported from China, accounting for a 99.9% share of total exports. It was followed by video recording or reproducing apparatus; magnetic tape-type (1.1K units), with less than 0.1% share of total exports.

From January 2022 to August 2022, the average monthly growth rate of the volume of export of video recording or reproducing apparatus; other than magnetic tape-type stood at -2.5%.

In value terms, video recording or reproducing apparatus; other than magnetic tape-type ($204M) remains the largest type of television, video and digital camera exported from China, comprising 99.9% of total exports. The second position in the ranking was taken by video recording or reproducing apparatus; magnetic tape-type ($9.5K), with less than 0.1% share of total exports.

From January 2022 to August 2022, the average monthly growth rate of the export volume of video recording or reproducing apparatus; other than magnetic tape-type was relatively modest.

China Television, Video and Digital Camera Exports by Country

The United States (690K units) was the main destination for television, video and digital camera exports from China, accounting for a 20% share of total exports. Moreover, television, video and digital camera exports to the United States exceeded the volume sent to the second major destination, Brazil (251K units), threefold. Japan (196K units) ranked third in terms of total exports with a 5.7% share.

From January 2022 to August 2022, the average monthly growth rate of volume to the United States amounted to +4.5%. Exports to the other major destinations recorded the following average monthly rates of exports growth: Brazil (+1.3% per month) and Japan (-6.9% per month).

In value terms, the United States ($49M) remains the key foreign market for television, video and digital camera exports from China, comprising 24% of total exports. The second position in the ranking was held by Japan ($24M), with a 12% share of total exports. It was followed by Mexico, with a 4.8% share.

From January 2022 to August 2022, the average monthly rate of growth in terms of value to the United States amounted to +3.5%. Exports to the other major destinations recorded the following average monthly rates of exports growth: Japan (-3.2% per month) and Mexico (+11.5% per month).

Source: IndexBox Market Intelligence Platform