Asia: Market for Television, Video and Digital Cameras 2025

Market Size for Television, Video and Digital Cameras in Asia

In 2022, the Asian market for television, video and digital cameras was finally on the rise to reach $X after two years of decline. In general, consumption, however, saw a deep setback. Over the period under review, the market attained the maximum level at $X in 2012; however, from 2013 to 2022, consumption failed to regain momentum.

Production of Television, Video and Digital Cameras in Asia

In value terms, television, video and digital camera production rose to $X in 2022 estimated in export price. In general, production, however, showed a perceptible shrinkage. The growth pace was the most rapid in 2018 when the production volume increased by 62% against the previous year. Over the period under review, production hit record highs at $X in 2012; however, from 2013 to 2022, production stood at a somewhat lower figure.

Exports of Television, Video and Digital Cameras

Exports in Asia

In 2022, overseas shipments of television, video and digital cameras decreased by -6.9% to X units for the first time since 2019, thus ending a two-year rising trend. In general, exports continue to indicate a pronounced decline. The most prominent rate of growth was recorded in 2018 with an increase of 39%. Over the period under review, the exports hit record highs at X units in 2013; however, from 2014 to 2022, the exports stood at a somewhat lower figure.

In value terms, television, video and digital camera exports contracted to $X in 2022. Overall, exports recorded a perceptible shrinkage. The pace of growth was the most pronounced in 2018 when exports increased by 21%. Over the period under review, the exports attained the maximum at $X in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

Exports by Country

China was the main exporting country with an export of about X units, which accounted for 71% of total exports. Vietnam (X units) took a 17% share (based on physical terms) of total exports, which put it in second place, followed by Hong Kong SAR (5.7%). Taiwan (Chinese) (X units) followed a long way behind the leaders.

Exports from China decreased at an average annual rate of -4.6% from 2012 to 2022. At the same time, Vietnam (+56.8%) displayed positive paces of growth. Moreover, Vietnam emerged as the fastest-growing exporter exported in Asia, with a CAGR of +56.8% from 2012-2022. By contrast, Hong Kong SAR (-2.4%) and Taiwan (Chinese) (-8.6%) illustrated a downward trend over the same period. From 2012 to 2022, the share of Vietnam increased by +17 percentage points. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, China ($X) remains the largest television, video and digital camera supplier in Asia, comprising 55% of total exports. The second position in the ranking was held by Vietnam ($X), with an 11% share of total exports. It was followed by Hong Kong SAR, with an 11% share.

From 2012 to 2022, the average annual growth rate of value in China totaled -1.9%. The remaining exporting countries recorded the following average annual rates of exports growth: Vietnam (+45.1% per year) and Hong Kong SAR (-3.1% per year).

Export Prices by Country

The export price in Asia stood at $X per unit in 2022, reducing by -2.1% against the previous year. Overall, the export price showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2016 an increase of 26% against the previous year. Over the period under review, the export prices reached the peak figure at $X per unit in 2017; however, from 2018 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Taiwan (Chinese) ($X per unit), while Vietnam ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (+6.6%), while the other leaders experienced mixed trends in the export price figures.

Imports of Television, Video and Digital Cameras

Imports in Asia

In 2022, television, video and digital camera imports in Asia skyrocketed to X units, picking up by 21% compared with the year before. In general, imports continue to indicate a buoyant expansion. The most prominent rate of growth was recorded in 2019 with an increase of 64%. The volume of import peaked in 2022 and is likely to continue growth in years to come.

In value terms, television, video and digital camera imports declined slightly to $X in 2022. Overall, imports, however, recorded a pronounced decline. The most prominent rate of growth was recorded in 2018 when imports increased by 5.9% 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

India prevails in imports structure, recording X units, which was near 73% of total imports in 2022. Japan (X units) took a 4.8% share (based on physical terms) of total imports, which put it in second place, followed by China (4.7%). Hong Kong SAR (X units), Turkey (X units), Vietnam (X units) and Thailand (X units) followed a long way behind the leaders.

India was also the fastest-growing in terms of the television, video and digital cameras imports, with a CAGR of +42.9% from 2012 to 2022. At the same time, Turkey (+19.6%), Thailand (+3.7%), Japan (+3.1%) and China (+2.8%) displayed positive paces of growth. By contrast, Vietnam (-6.1%) and Hong Kong SAR (-6.9%) illustrated a downward trend over the same period. While the share of India (+66 p.p.) increased significantly in terms of the total imports from 2012-2022, the share of Thailand (-2 p.p.), Japan (-6.7 p.p.), China (-6.8 p.p.), Vietnam (-9.6 p.p.) and Hong Kong SAR (-25.4 p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Japan ($X), Hong Kong SAR ($X) and China ($X) appeared to be the countries with the highest levels of imports in 2022, together comprising 47% of total imports. India, Thailand, Vietnam and Turkey lagged somewhat behind, together accounting for a further 22%.

Among the main importing countries, India, with a CAGR of +10.5%, saw the highest rates of growth with regard to 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 import price in Asia amounted to $X per unit, falling by -18.2% against the previous year. Overall, the import price saw a abrupt decrease. The pace of growth appeared the most rapid in 2016 an increase of 6%. Over the period under review, import prices attained the peak figure at $X per unit in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Japan ($X per unit), while India ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Vietnam (+3.2%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform

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