Eastern Asia: Photo Camera Market 2025

Photo Camera Market Size in Eastern Asia

In 2022, the East Asian photo camera market increased by 8.2% to $X, rising for the third consecutive year after two years of decline. Over the period under review, consumption saw a perceptible contraction. The level of consumption peaked at $X in 2012; however, from 2013 to 2022, consumption remained at a lower figure.

Photo Camera Production in Eastern Asia

In value terms, photo camera production shrank to $X in 2022 estimated in export price. In general, production, however, showed a abrupt descent. The pace of growth appeared the most rapid in 2015 when the production volume increased by 23% 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.

Photo Camera Exports

Exports in Eastern Asia

In 2022, the amount of photographic (other than cinematographic) cameras exported in Eastern Asia surged to X units, increasing by 17% compared with the year before. Overall, exports, however, continue to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2021 with an increase of 23% against the previous year. The volume of export peaked at X units in 2014; however, from 2015 to 2022, the exports remained at a lower figure.

In value terms, photo camera exports expanded rapidly to $X in 2022. The total export value increased at an average annual rate of +5.2% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 with an increase of 20%. Over the period under review, the exports attained the peak figure in 2022 and are likely to continue growth in the near future.

Exports by Country

China represented the largest exporter of photographic (other than cinematographic) cameras in Eastern Asia, with the volume of exports resulting at X units, which was near 85% of total exports in 2022. It was distantly followed by Hong Kong SAR (X units), mixing up an 11% share of total exports. Japan (X units) followed a long way behind the leaders.

China experienced a relatively flat trend pattern with regard to volume of exports of photographic (other than cinematographic) cameras. At the same time, Japan (+9.6%) and Hong Kong SAR (+2.7%) displayed positive paces of growth. Moreover, Japan emerged as the fastest-growing exporter exported in Eastern Asia, with a CAGR of +9.6% from 2012-2022. Hong Kong SAR (+2.9 p.p.) and Japan (+2.3 p.p.) significantly strengthened its position in terms of the total exports, while China saw its share reduced by -4.9% from 2012 to 2022, respectively.

In value terms, the largest photo camera supplying countries in Eastern Asia were China ($X), Hong Kong SAR ($X) and Japan ($X), together accounting for 98% of total exports.

In terms of the main exporting countries, Hong Kong SAR, with a CAGR of +7.4%, saw the highest rates of growth with regard to 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 2022, the export price in Eastern Asia amounted to $X per unit, which is down by -4.5% against the previous year. Export price indicated a strong expansion from 2012 to 2022: its price increased at an average annual rate of +5.7% 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 decreased by -6.6% against 2020 indices. The most prominent rate of growth was recorded in 2015 an increase of 49% against the previous year. Over the period under review, the export prices attained the maximum at $X per unit in 2017; however, from 2018 to 2022, 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 Hong Kong SAR ($X per unit), while China ($X per unit) was amongst the lowest.

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

Photo Camera Imports

Imports in Eastern Asia

Photo camera imports soared to X units in 2022, picking up by 31% compared with the previous year's figure. Overall, imports, however, continue to indicate a mild descent. The pace of growth was the most pronounced in 2021 when imports increased by 45% against the previous year. Over the period under review, imports reached the maximum at X units in 2012; however, from 2013 to 2022, imports remained at a lower figure.

In value terms, photo camera imports skyrocketed to $X in 2022. Total imports indicated a tangible expansion from 2012 to 2022: its value increased at an average annual rate of +4.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +118.7% against 2016 indices. The most prominent rate of growth was recorded in 2021 with an increase of 33% against the previous year. The level of import peaked in 2022 and is likely to see steady growth in the near future.

Imports by Country

Japan represented the major importer of photographic (other than cinematographic) cameras in Eastern Asia, with the volume of imports resulting at X units, which was approx. 43% of total imports in 2022. It was distantly followed by Hong Kong SAR (X units), South Korea (X units) and China (X units), together committing a 55% share of total imports. Taiwan (Chinese) (X units) took a little share of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the leading importing countries, was attained by South Korea (with a CAGR of +18.8%), while imports for the other leaders experienced a decline in the imports figures.

In value terms, Hong Kong SAR ($X) constitutes the largest market for imported photographic (other than cinematographic) cameras in Eastern Asia, comprising 58% of total imports. The second position in the ranking was held by Japan ($X), with a 17% share of total imports. It was followed by South Korea, with a 14% share.

From 2012 to 2022, the average annual growth rate of value in Hong Kong SAR stood at +7.9%. In the other countries, the average annual rates were as follows: Japan (+5.6% per year) and South Korea (+5.1% per year).

Import Prices by Country

In 2022, the import price in Eastern Asia amounted to $X per unit, declining by -10% against the previous year. In general, the import price, however, showed resilient growth. The most prominent rate of growth was recorded in 2015 when the import price increased by 101% against the previous year. The level of import peaked at $X per unit in 2020; however, from 2021 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 Hong Kong SAR ($X per unit), while Japan ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Hong Kong SAR (+8.9%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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