EU: Market for Television, Video and Digital Cameras 2024

Market Size for Television, Video and Digital Cameras in the EU

After two years of growth, the EU market for television, video and digital cameras decreased by -10.6% to $X in 2022. Overall, consumption showed a abrupt slump. Over the period under review, the market reached the maximum level at $X in 2012; however, from 2013 to 2022, consumption remained at a lower figure.

Production of Television, Video and Digital Cameras in the EU

In value terms, television, video and digital camera production shrank to $X in 2022 estimated in export price. In general, production recorded a abrupt curtailment. The growth pace was the most rapid in 2017 when the production volume increased by 34% against the previous year. The level of production peaked at $X in 2013; however, from 2014 to 2022, production stood at a somewhat lower figure.

Exports of Television, Video and Digital Cameras

Exports in the EU

In 2022, after five years of growth, there was significant decline in shipments abroad of television, video and digital cameras, when their volume decreased by -5.5% to X units. Total exports indicated a temperate increase from 2012 to 2022: its volume 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, exports increased by +58.2% against 2016 indices. The most prominent rate of growth was recorded in 2021 with an increase of 17% against the previous year. As a result, the exports attained the peak of X units, and then dropped in the following year.

In value terms, television, video and digital camera exports fell to $X in 2022. Overall, exports, however, showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 with an increase of 19% against the previous year. As a result, the exports attained the peak of $X, and then fell in the following year.

Exports by Country

Germany (X units) and the Netherlands (X units) represented roughly 48% of total exports in 2022. Hungary (X units) held the next position in the ranking, followed by the Czech Republic (X units), Ireland (X units) and Poland (X units). All these countries together held near 31% share of total exports. Belgium (X units), Spain (X units), France (X units) and Sweden (X units) followed a long way behind the leaders.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main exporting countries, was attained by Hungary (with a CAGR of +18.5%), while the other leaders experienced more modest paces of growth.

In value terms, the Netherlands ($X), Germany ($X) and Hungary ($X) constituted the countries with the highest levels of exports in 2022, together accounting for 66% of total exports.

Hungary, with a CAGR of +13.6%, recorded the highest rates of growth with regard to the value of exports, in terms of the main exporting countries 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 the European Union amounted to $X per unit, remaining constant against the previous year. Over the period under review, the export price recorded a mild contraction. The pace of growth appeared the most rapid in 2021 when the export price increased by 1.4% against the previous year. Over the period under review, the export prices hit record highs 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 origin: amid the top suppliers, the country with the highest price was Sweden ($X per unit), while Ireland ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+0.5%), while the other leaders experienced mixed trends in the export price figures.

Imports of Television, Video and Digital Cameras

Imports in the EU

In 2022, purchases abroad of television, video and digital cameras decreased by -7% to X units for the first time since 2016, thus ending a five-year rising trend. In general, imports showed a pronounced descent. The most prominent rate of growth was recorded in 2020 when imports increased by 25% against the previous year. The volume of import peaked at X units in 2012; however, from 2013 to 2022, imports remained at a lower figure.

In value terms, television, video and digital camera imports contracted to $X in 2022. Overall, imports saw a pronounced decline. The most prominent rate of growth was recorded in 2021 when imports increased by 12% against the previous year. Over the period under review, imports attained the peak figure at $X in 2012; however, from 2013 to 2022, imports remained at a lower figure.

Imports by Country

Germany (X units) and the Netherlands (X units) represented the key importers of television, video and digital cameras in 2022, finishing at approx. 22% and 18% of total imports, respectively. The Czech Republic (X units) ranks next in terms of the total imports with an 8.3% share, followed by France (7.7%), Belgium (6.5%), Spain (6.2%), Poland (6.2%), Hungary (4.7%) and Italy (4.5%).

From 2012 to 2022, the biggest increases were recorded for the Czech Republic (with a CAGR of +9.0%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X), the Netherlands ($X) and France ($X) appeared to be the countries with the highest levels of imports in 2022, together accounting for 56% of total imports. The Czech Republic, Italy, Poland, Spain, Belgium and Hungary lagged somewhat behind, together comprising a further 28%.

The Czech Republic, with a CAGR of +4.9%, saw the highest growth rate of the value of imports, among the main importing countries over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The import price in the European Union stood at $X per unit in 2022, therefore, remained relatively stable against the previous year. Overall, the import price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 when the import price increased by 8.1% against the previous year. The level of import peaked at $X per unit in 2017; however, from 2018 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Germany ($X per unit), while Belgium ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+7.2%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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