China: Photo Camera Market 2024

Photo Camera Market Size in China

In 2022, the Chinese photo camera market decreased by -20% to $X, falling for the fifth year in a row after three years of growth. Overall, consumption faced a abrupt decrease. Photo camera consumption peaked at $X in 2012; however, from 2013 to 2022, consumption stood at a somewhat lower figure.

Photo Camera Production in China

In value terms, photo camera production dropped to $X in 2022 estimated in export price. In general, production, however, faced a abrupt downturn. The pace of growth was the most pronounced in 2015 when the production volume increased by 22%. Photo camera production peaked at $X in 2012; however, from 2013 to 2022, production stood at a somewhat lower figure.

Photo Camera Exports

Exports from China

In 2022, shipments abroad of photographic (other than cinematographic) cameras increased by 13% to X units, rising for the second consecutive year after two years of decline. In general, exports, however, continue to indicate a mild decrease. The pace of growth was the most pronounced in 2021 with an increase of 26%. Over the period under review, the exports attained the peak figure at X units in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

In value terms, photo camera exports expanded notably to $X in 2022. Overall, total exports indicated strong growth from 2012 to 2022: its value increased at an average annual rate of +5.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +58.5% against 2020 indices. The pace of growth appeared the most rapid in 2021 when exports increased by 44%. The exports peaked in 2022 and are expected to retain growth in the near future.

Exports by Country

The United States (X units), Germany (X units) and the Netherlands (X units) were the main destinations of photo camera exports from China, with a combined 54% share of total exports. Australia, the UK, South Korea, Japan, Singapore, Malaysia, Canada and France lagged somewhat behind, together accounting for a further 25%.

From 2012 to 2022, the biggest increases were recorded for Singapore (with a CAGR of +15.9%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for photo camera exported from China were the Netherlands ($X), the United States ($X) and Japan ($X), together accounting for 52% of total exports.

The Netherlands, with a CAGR of +22.1%, recorded the highest rates of growth with regard to the value of exports, among 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 photo camera export price stood at $X per unit in 2022, declining by -2.3% against the previous year. In general, export price indicated a strong increase from 2012 to 2022: its price increased at an average annual rate of +6.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, photo camera export price increased by +11.6% against 2020 indices. The pace of growth appeared the most rapid in 2015 an increase of 33% against the previous year. The export price peaked at $X per unit in 2017; however, from 2018 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was France ($X per unit), while the average price for exports to Germany ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to France (+39.0%), while the prices for the other major destinations experienced more modest paces of growth.

Photo Camera Imports

Imports into China

In 2022, supplies from abroad of photographic (other than cinematographic) cameras increased by 63% to X units, rising for the second consecutive year after two years of decline. Overall, imports, however, showed a abrupt decrease. Imports peaked at X units in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

In value terms, photo camera imports soared to $X in 2022. Over the period under review, imports, however, showed a abrupt setback. Imports peaked at $X in 2012; however, from 2013 to 2022, imports failed to regain momentum.

Imports by Country

Thailand (X units), Germany (X units) and Japan (X units) were the main suppliers of photo camera imports to China, together comprising 92% of total imports. The Philippines and the United States lagged somewhat behind, together comprising a further 8%.

From 2012 to 2022, the biggest increases were recorded for the Philippines (with a CAGR of +567.2%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Thailand ($X) constituted the largest supplier of photographic (other than cinematographic) cameras to China, comprising 54% of total imports. The second position in the ranking was held by Japan ($X), with a 21% share of total imports. It was followed by Germany, with a 9.5% share.

From 2012 to 2022, the average annual growth rate of value from Thailand amounted to +145.9%. The remaining supplying countries recorded the following average annual rates of imports growth: Japan (-12.5% per year) and Germany (-18.0% per year).

Import Prices by Country

In 2022, the average photo camera import price amounted to $X per unit, shrinking by -2.3% against the previous year. In general, the import price, however, posted a pronounced expansion. The growth pace was the most rapid in 2014 an increase of 293%. As a result, import price reached the peak level of $X per unit. From 2015 to 2022, the average import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the United States ($X per unit), while the price for Germany ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Philippines (+496.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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