Eastern Europe: Photo Camera Market 2025

Photo Camera Market Size in Eastern Europe

The East European photo camera market rose significantly to $X in 2022, with an increase of 9.8% against the previous year. The total consumption indicated a modest expansion from 2012 to 2022: its value increased at an average annual rate of +1.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption increased by +38.7% against 2019 indices. Over the period under review, the market reached the maximum level in 2022 and is expected to retain growth in years to come.

Photo Camera Production in Eastern Europe

In value terms, photo camera production stood at $X in 2022 estimated in export price. In general, production, however, recorded a pronounced descent. The most prominent rate of growth was recorded in 2017 with an increase of 60%. The level of production peaked at $X in 2012; however, from 2013 to 2022, production stood at a somewhat lower figure.

Photo Camera Exports

Exports in Eastern Europe

In 2022, shipments abroad of photographic (other than cinematographic) cameras decreased by -10% to X units, falling for the fourth year in a row after two years of growth. Over the period under review, exports, however, continue to indicate prominent growth. The growth pace was the most rapid in 2017 with an increase of 173%. The volume of export peaked at X units in 2018; however, from 2019 to 2022, the exports stood at a somewhat lower figure.

In value terms, photo camera exports contracted dramatically to $X in 2022. Overall, exports recorded a pronounced contraction. The most prominent rate of growth was recorded in 2017 when exports increased by 414% against the previous year. Over the period under review, the exports reached the maximum at $X in 2018; however, from 2019 to 2022, the exports remained at a lower figure.

Exports by Country

In 2022, Poland (X units) represented the key exporter of photographic (other than cinematographic) cameras, creating 57% of total exports. The Czech Republic (X units) took the second position in the ranking, distantly followed by Slovakia (X units) and Hungary (X units). All these countries together took approx. 38% share of total exports. Lithuania (X units) took a relatively small share of total exports.

From 2012 to 2022, average annual rates of growth with regard to photo camera exports from Poland stood at +13.8%. At the same time, the Czech Republic (+34.2%), Slovakia (+20.0%) and Lithuania (+8.2%) displayed positive paces of growth. Moreover, the Czech Republic emerged as the fastest-growing exporter exported in Eastern Europe, with a CAGR of +34.2% from 2012-2022. Hungary experienced a relatively flat trend pattern. The Czech Republic (+17 p.p.), Slovakia (+5.2 p.p.) and Poland (+1.5 p.p.) significantly strengthened its position in terms of the total exports, while Hungary saw its share reduced by -11% from 2012 to 2022, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Poland ($X) remains the largest photo camera supplier in Eastern Europe, comprising 61% of total exports. The second position in the ranking was held by the Czech Republic ($X), with a 16% share of total exports. It was followed by Slovakia, with a 12% share.

In Poland, photo camera exports increased at an average annual rate of +1.7% over the period from 2012-2022. The remaining exporting countries recorded the following average annual rates of exports growth: the Czech Republic (+10.0% per year) and Slovakia (+3.9% per year).

Export Prices by Country

In 2022, the export price in Eastern Europe amounted to $X per unit, declining by -13.9% against the previous year. Over the period under review, the export price continues to indicate a abrupt contraction. The pace of growth was the most pronounced in 2017 an increase of 88% against the previous year. Over the period under review, the export prices reached the maximum at $X per unit in 2012; however, from 2013 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 Lithuania ($X per unit), while Hungary ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Lithuania (+2.4%), while the other leaders experienced a decline in the export price figures.

Photo Camera Imports

Imports in Eastern Europe

In 2022, photo camera imports in Eastern Europe shrank slightly to X units, stabilizing at 2021. In general, imports, however, posted a strong expansion. The most prominent rate of growth was recorded in 2017 when imports increased by 116% against the previous year. The volume of import peaked at X units in 2018; however, from 2019 to 2022, imports stood at a somewhat lower figure.

In value terms, photo camera imports expanded markedly to $X in 2022. Overall, imports, however, continue to indicate a strong increase. The pace of growth appeared the most rapid in 2017 when imports increased by 290% against the previous year. The level of import peaked at $X in 2018; however, from 2019 to 2022, imports failed to regain momentum.

Imports by Country

In 2022, Poland (X units) was the largest importer of photographic (other than cinematographic) cameras, creating 50% of total imports. The Czech Republic (X units) ranks second in terms of the total imports with a 16% share, followed by Russia (12%) and Slovakia (6.8%). The following importers - Romania (X units), Hungary (X units) and Lithuania (X units) - together made up 11% of total imports.

Poland was also the fastest-growing in terms of the photographic (other than cinematographic) cameras imports, with a CAGR of +29.6% from 2012 to 2022. At the same time, the Czech Republic (+24.2%), Lithuania (+21.0%), Slovakia (+20.9%), Romania (+13.1%), Russia (+12.4%) and Hungary (+9.7%) displayed positive paces of growth. From 2012 to 2022, the share of Poland and the Czech Republic increased by +27 and +4.8 percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Poland ($X) constitutes the largest market for imported photographic (other than cinematographic) cameras in Eastern Europe, comprising 53% of total imports. The second position in the ranking was taken by the Czech Republic ($X), with an 11% share of total imports. It was followed by Romania, with an 8.6% share.

From 2012 to 2022, the average annual growth rate of value in Poland amounted to +29.3%. In the other countries, the average annual rates were as follows: the Czech Republic (+8.2% per year) and Romania (+2.9% per year).

Import Prices by Country

The import price in Eastern Europe stood at $X per unit in 2022, picking up by 6.4% against the previous year. In general, the import price, however, showed a deep reduction. The pace of growth was the most pronounced in 2017 an increase of 80%. The level of import peaked 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 Romania ($X per unit), while Russia ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Poland (-0.2%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform

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