Central Asia: Photo Camera Market 2024

Photo Camera Market Size in Central Asia

The Central Asian photo camera market rose remarkably to $X in 2022, with an increase of 10% against the previous year. The total consumption indicated temperate growth from 2012 to 2022: its value increased at an average annual rate of +2.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption decreased by -4.6% against 2020 indices. As a result, consumption reached the peak level of $X. From 2021 to 2022, the growth of the market failed to regain momentum.

Photo Camera Production in Central Asia

In value terms, photo camera production totaled $X in 2022 estimated in export price. The total production indicated a noticeable expansion from 2012 to 2022: its value increased at an average annual rate of +2.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production decreased by -7.1% against 2020 indices. The pace of growth appeared the most rapid in 2020 with an increase of 40%. As a result, production reached the peak level of $X. From 2021 to 2022, production growth failed to regain momentum.

Photo Camera Exports

Exports in Central Asia

In 2022, after two years of decline, there was significant growth in overseas shipments of photographic (other than cinematographic) cameras, when their volume increased by 3,252% to X units. Over the period under review, exports continue to indicate a significant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, photo camera exports surged to $X in 2022. In general, exports posted significant growth. The level of export peaked at $X in 2018; however, from 2019 to 2022, the exports failed to regain momentum.

Exports by Country

Kazakhstan prevails in exports structure, recording X units, which was approx. 97% of total exports in 2022. Kyrgyzstan (X units) followed a long way behind the leaders.

Kazakhstan was also the fastest-growing in terms of the photographic (other than cinematographic) cameras exports, with a CAGR of +67.3% from 2012 to 2022. At the same time, Kyrgyzstan (+32.2%) displayed positive paces of growth. From 2012 to 2022, the share of Kazakhstan and Kyrgyzstan increased by +67 and +2.8 percentage points, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Kazakhstan ($X) remains the largest photo camera supplier in Central Asia, comprising 99% of total exports. The second position in the ranking was held by Kyrgyzstan ($X), with a 1% share of total exports.

In Kazakhstan, photo camera exports expanded at an average annual rate of +67.2% over the period from 2012-2022.

Export Prices by Country

The export price in Central Asia stood at $X per unit in 2022, growing by 186% against the previous year. Overall, the export price continues to indicate a perceptible expansion. The pace of growth was the most pronounced in 2017 when the export price increased by 1,544%. The level of export peaked at $X per unit in 2018; however, from 2019 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Kazakhstan ($X per unit), while Kyrgyzstan totaled $X per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Kazakhstan (-0.0%).

Photo Camera Imports

Imports in Central Asia

In 2022, photo camera imports in Central Asia surged to X units, growing by 87% compared with 2021. Over the period under review, imports saw a relatively flat trend pattern. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, photo camera imports skyrocketed to $X in 2022. In general, imports recorded slight growth. The pace of growth was the most pronounced in 2013 when imports increased by 224% against the previous year. As a result, imports reached the peak of $X. From 2014 to 2022, the growth of imports remained at a somewhat lower figure.

Imports by Country

Kazakhstan represented the largest importer of photographic (other than cinematographic) cameras in Central Asia, with the volume of imports resulting at X units, which was approx. 58% of total imports in 2022. Kyrgyzstan (X units) took the second position in the ranking, distantly followed by Uzbekistan (X units). All these countries together took near 41% share of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the key importing countries, was attained by Kazakhstan (with a CAGR of +35.3%), while imports for the other leaders experienced mixed trends in the imports figures.

In value terms, Kazakhstan ($X) constitutes the largest market for imported photographic (other than cinematographic) cameras in Central Asia, comprising 42% of total imports. The second position in the ranking was held by Kyrgyzstan ($X), with a 12% share of total imports.

In Kazakhstan, photo camera imports increased at an average annual rate of +1.6% over the period from 2012-2022. In the other countries, the average annual rates were as follows: Kyrgyzstan (-10.2% per year) and Uzbekistan (+82.0% per year).

Import Prices by Country

In 2022, the import price in Central Asia amounted to $X per unit, reducing by -24.2% against the previous year. Overall, the import price, however, showed a modest expansion. The growth pace was the most rapid in 2014 an increase of 298%. As a result, import price reached the peak level of $X per unit. From 2015 to 2022, the 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 Uzbekistan ($X per unit), while Kyrgyzstan ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Uzbekistan (+38.4%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform

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