United Kingdom: Photographic Film Market 2024

Photographic Film Market Size in the UK

The UK photographic film market reduced modestly to $X in 2021, shrinking by -2.4% against the previous year. Overall, consumption continues to indicate a deep contraction. Photographic film consumption peaked at $X in 2012; however, from 2013 to 2021, consumption remained at a lower figure.

Photographic Film Production in the UK

In value terms, photographic film production contracted notably to $X in 2021 estimated in export price. Over the period under review, production continues to indicate a abrupt downturn. The most prominent rate of growth was recorded in 2020 with an increase of 80%. Over the period under review, production hit record highs at $X in 2012; however, from 2013 to 2021, production remained at a lower figure.

Photographic Film Exports

Exports from the UK

For the third consecutive year, the UK recorded decline in shipments abroad of photographic plates and film, photographic paper, paperboard and textiles and instant print film, sensitized, unexposed, which decreased by -6.5% to X square meters in 2021. Overall, exports showed a precipitous descent. The most prominent rate of growth was recorded in 2018 with an increase of 27%. The exports peaked at X square meters in 2012; however, from 2013 to 2021, the exports failed to regain momentum.

In value terms, photographic film exports contracted to $X in 2021. In general, exports continue to indicate a abrupt slump. The growth pace was the most rapid in 2018 when exports increased by 5.8% against the previous year. Over the period under review, the exports hit record highs at $X in 2012; however, from 2013 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

Germany (X square meters), the United States (X square meters) and Italy (X square meters) were the main destinations of photographic film exports from the UK, together comprising 52% of total exports. China, Canada, Taiwan (Chinese), France, the Netherlands, Belgium, Spain, Australia, Japan and Sweden lagged somewhat behind, together accounting for a further 35%.

From 2012 to 2021, the biggest increases were recorded for Taiwan (Chinese) (with a CAGR of +23.5%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the United States ($X), Germany ($X) and Italy ($X) constituted the largest markets for photographic film exported from the UK worldwide, together accounting for 40% of total exports. These countries were followed by Taiwan (Chinese), Belgium, France, the Netherlands, Spain, China, Japan, Australia, Canada and Sweden, which together accounted for a further 37%.

Taiwan (Chinese), with a CAGR of +30.9%, saw the highest growth rate of the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average photographic film export price stood at $X per square meter in 2021, picking up by 5.3% against the previous year. In general, the export price saw prominent growth. The pace of growth appeared the most rapid in 2017 when the average export price increased by 55%. Over the period under review, the average export prices attained the peak figure in 2021 and is likely to continue growth in years to come.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Taiwan (Chinese) ($X per square meter), while the average price for exports to Canada ($X per square meter) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Japan (+12.2%), while the prices for the other major destinations experienced more modest paces of growth.

Photographic Film Imports

Imports into the UK

In 2021, overseas purchases of photographic plates and film, photographic paper, paperboard and textiles and instant print film, sensitized, unexposed increased by 8% to X square meters for the first time since 2018, thus ending a two-year declining trend. Overall, imports, however, recorded a drastic downturn. The most prominent rate of growth was recorded in 2018 with an increase of 14%. Over the period under review, imports attained the maximum at X square meters in 2013; however, from 2014 to 2021, imports stood at a somewhat lower figure.

In value terms, photographic film imports rose significantly to $X in 2021. In general, imports, however, showed a pronounced shrinkage. The most prominent rate of growth was recorded in 2018 when imports increased by 18% against the previous year. Imports peaked at $X in 2013; however, from 2014 to 2021, imports remained at a lower figure.

Imports by Country

Belgium (X square meters), Germany (X square meters) and the Netherlands (X square meters) were the main suppliers of photographic film imports to the UK, together comprising 89% of total imports. These countries were followed by the United States, Japan and France, which together accounted for a further 7.3%.

From 2012 to 2021, the biggest increases were recorded for the United States (with a CAGR of +10.1%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest photographic film suppliers to the UK were Belgium ($X), Germany ($X) and the Netherlands ($X), together comprising 86% of total imports. The United States, Japan and France lagged somewhat behind, together comprising a further 11%.

The United States, with a CAGR of +8.4%, recorded the highest rates of growth with regard to the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced mixed trend patterns.

Import Prices by Country

In 2021, the average photographic film import price amounted to $X per square meter, picking up by 4.3% against the previous year. Over the last nine-year period, it increased at an average annual rate of +2.0%. The pace of growth appeared the most rapid in 2020 an increase of 17%. Over the period under review, average import prices attained the peak figure in 2021 and is likely to see steady growth in the near future.

There were significant differences in the average prices amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was Japan ($X per square meter), while the price for Belgium ($X per square meter) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Japan (+28.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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