Asia: Photographic Film Market 2024

Photographic Film Market Size in Asia

In 2021, the Asian photographic film market increased by 12% to $X for the first time since 2017, thus ending a three-year declining trend. Over the period under review, consumption, however, saw a abrupt setback. Over the period under review, the market hit record highs at $X in 2012; however, from 2013 to 2021, consumption remained at a lower figure.

Photographic Film Production in Asia

In value terms, photographic film production amounted to $X in 2021 estimated in export price. Overall, production, however, saw a abrupt shrinkage. The level of production peaked at $X in 2012; however, from 2013 to 2021, production stood at a somewhat lower figure.

Photographic Film Exports

Exports in Asia

Photographic film exports surged to X square meters in 2021, with an increase of 20% compared with the previous year's figure. Total exports indicated buoyant growth from 2012 to 2021: its volume increased at an average annual rate of +6.1% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, exports increased by +79.7% against 2015 indices. The pace of growth appeared the most rapid in 2019 when exports increased by 22%. The volume of export peaked in 2021 and is expected to retain growth in the immediate term.

In value terms, photographic film exports skyrocketed to $X in 2021. The total export value increased at an average annual rate of +1.2% from 2012 to 2021; however, the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed in certain years. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

In 2021, China (X square meters) represented the largest exporter of photographic plates and film, photographic paper, paperboard and textiles and instant print film, sensitized, unexposed, mixing up 46% of total exports. It was distantly followed by Japan (X square meters), Malaysia (X square meters), Taiwan (Chinese) (X square meters) and South Korea (X square meters), together making up a 50% share of total exports. Singapore (X square meters) followed a long way behind the leaders.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main exporting countries, was attained by China (with a CAGR of +9.1%), while the other leaders experienced more modest paces of growth.

In value terms, Japan ($X), China ($X) and Malaysia ($X) constituted the countries with the highest levels of exports in 2021, with a combined 86% share of total exports. These countries were followed by South Korea, Singapore and Taiwan (Chinese), which together accounted for a further 11%.

In terms of the main exporting countries, South Korea, with a CAGR of +6.5%, recorded the highest growth rate of 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

In 2021, the export price in Asia amounted to $X per square meter, rising by 5.6% against the previous year. Overall, the export price, however, showed a perceptible setback. Over the period under review, the export prices attained the peak figure at $X per square meter in 2012; however, from 2013 to 2021, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Singapore ($X per square meter), while Taiwan (Chinese) ($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 Singapore (+7.4%), while the other leaders experienced more modest paces of growth.

Photographic Film Imports

Imports in Asia

After two years of decline, purchases abroad of photographic plates and film, photographic paper, paperboard and textiles and instant print film, sensitized, unexposed increased by 22% to X square meters in 2021. The total import volume increased at an average annual rate of +3.2% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, photographic film imports surged to $X in 2021. Overall, imports, however, showed a relatively flat trend pattern. Over the period under review, imports attained the peak figure at $X in 2012; however, from 2013 to 2021, imports failed to regain momentum.

Imports by Country

China represented the main importing country with an import of about X square meters, which reached 38% of total imports. South Korea (X square meters) ranks second in terms of the total imports with a 17% share, followed by Taiwan (Chinese) (12%), Thailand (5.4%) and Turkey (4.6%). Japan (X square meters), Vietnam (X square meters), Malaysia (X square meters), Singapore (X square meters), the United Arab Emirates (X square meters) and India (X square meters) followed a long way behind the leaders.

Imports into China increased at an average annual rate of +9.8% from 2012 to 2021. At the same time, Thailand (+14.0%), Japan (+9.1%), Vietnam (+8.1%), Turkey (+3.4%), Taiwan (Chinese) (+2.6%), South Korea (+2.2%) and Malaysia (+1.7%) displayed positive paces of growth. Moreover, Thailand emerged as the fastest-growing importer imported in Asia, with a CAGR of +14.0% from 2012-2021. By contrast, the United Arab Emirates (-2.3%), Singapore (-7.3%) and India (-16.1%) illustrated a downward trend over the same period. While the share of China (+16 p.p.), Thailand (+3.2 p.p.) and Japan (+1.7 p.p.) increased significantly in terms of the total imports from 2012-2021, the share of South Korea (-1.5 p.p.), Singapore (-2.8 p.p.) and India (-8.4 p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the largest photographic film importing markets in Asia were China ($X), Taiwan (Chinese) ($X) and South Korea ($X), together comprising 61% of total imports.

Taiwan (Chinese), with a CAGR of +4.0%, recorded the highest rates of growth with regard to the value of imports, in terms of the main importing countries over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2021, the import price in Asia amounted to $X per square meter, increasing by 6.1% against the previous year. In general, the import price, however, continues to indicate a noticeable descent. The pace of growth appeared the most rapid in 2019 an increase of 6.2%. Over the period under review, import prices hit record highs at $X per square meter in 2013; however, from 2014 to 2021, 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 India ($X per square meter), while Thailand ($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 India (+13.2%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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