Estonia: Photo Camera Market 2025

Photo Camera Market Size in Estonia

The Estonian photo camera market contracted to $X in 2022, with a decrease of -10% against the previous year. In general, consumption, however, recorded a remarkable increase. Photo camera consumption peaked at $X in 2017; however, from 2018 to 2022, consumption failed to regain momentum.

Photo Camera Production in Estonia

In value terms, photo camera production declined remarkably to $X in 2022 estimated in export price. Over the period under review, production, however, continues to indicate a precipitous decline. Over the period under review, production hit record highs at $X in 2021, and then fell remarkably in the following year.

Photo Camera Exports

Exports from Estonia

In 2022, shipments abroad of photographic (other than cinematographic) cameras increased by 16% to X units, rising for the fifth year in a row after two years of decline. Overall, exports, however, continue to indicate a abrupt curtailment. The growth pace was the most rapid in 2015 with an increase of 1,716% against the previous year. The exports peaked at X units in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

In value terms, photo camera exports skyrocketed to $X in 2022. Over the period under review, exports, however, continue to indicate a dramatic decline. The most prominent rate of growth was recorded in 2015 when exports increased by 975% against the previous year. The exports peaked at $X in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

Exports by Country

Lithuania (X units), Latvia (X units) and the United States (X units) were the main destinations of photo camera exports from Estonia, with a combined 98% share of total exports.

From 2012 to 2022, the biggest increases were recorded for Latvia (with a CAGR of +35.4%), while shipments for the other leaders experienced mixed trend patterns.

In value terms, the largest markets for photo camera exported from Estonia were Lithuania ($X), Latvia ($X) and the United States ($X), together accounting for 68% of total exports.

Among the main countries of destination, Latvia, with a CAGR of +17.1%, recorded the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced a decline.

Export Prices by Country

The average photo camera export price stood at $X per unit in 2022, growing by 34% against the previous year. Overall, the export price, however, recorded a abrupt slump. The most prominent rate of growth was recorded in 2017 an increase of 181%. The export price peaked at $X per unit in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($X per unit), while the average price for exports to Lithuania ($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 the United States (+11.7%), while the prices for the other major destinations experienced a decline.

Photo Camera Imports

Imports into Estonia

Photo camera imports into Estonia declined slightly to X units in 2022, with a decrease of -4.1% on the previous year's figure. Over the period under review, imports recorded a perceptible setback. The pace of growth appeared the most rapid in 2015 when imports increased by 182%. Over the period under review, imports reached the peak figure at X units in 2012; however, from 2013 to 2022, imports failed to regain momentum.

In value terms, photo camera imports shrank notably to $X in 2022. In general, imports recorded a deep setback. The most prominent rate of growth was recorded in 2015 with an increase of 132% against the previous year. Imports peaked at $X in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

Imports by Country

China (X units), Sweden (X units) and Finland (X units) were the main suppliers of photo camera imports to Estonia, together comprising 77% of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Sweden (with a CAGR of +124.5%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Japan ($X) constituted the largest supplier of photographic (other than cinematographic) cameras to Estonia, comprising 39% of total imports. The second position in the ranking was held by China ($X), with a 17% share of total imports. It was followed by Sweden, with a 12% share.

From 2012 to 2022, the average annual rate of growth in terms of value from Japan amounted to -8.0%. The remaining supplying countries recorded the following average annual rates of imports growth: China (-22.2% per year) and Sweden (+69.8% per year).

Import Prices by Country

In 2022, the average photo camera import price amounted to $X per unit, waning by -12% against the previous year. In general, the import price faced a abrupt decline. The most prominent rate of growth was recorded in 2014 an increase of 73% against the previous year. Over the period under review, average import prices attained the maximum at $X per unit in 2012; however, from 2013 to 2022, 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 Japan ($X per unit), while the price for Germany ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Latvia (+13.4%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform