Finland: Photo Camera Market 2025

Photo Camera Market Size in Finland

The Finnish photo camera market stood at $X in 2022, surging by 4.4% against the previous year. Over the period under review, consumption continues to indicate a mild increase. As a result, consumption attained the peak level of $X. From 2020 to 2022, the growth of the market remained at a somewhat lower figure.

Photo Camera Production in Finland

In value terms, photo camera production contracted to $X in 2022 estimated in export price. In general, production recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2019 when the production volume increased by 142% against the previous year. As a result, production reached the peak level of $X. From 2020 to 2022, production growth failed to regain momentum.

Photo Camera Exports

Exports from Finland

After three years of growth, shipments abroad of photographic (other than cinematographic) cameras decreased by -82.4% to X units in 2022. Overall, exports, however, posted a significant expansion. The most prominent rate of growth was recorded in 2021 when exports increased by 640%. As a result, the exports attained the peak of X units, and then declined significantly in the following year.

In value terms, photo camera exports contracted remarkably to $X in 2022. In general, exports, however, showed a tangible expansion. The most prominent rate of growth was recorded in 2021 when exports increased by 1,228%. As a result, the exports reached the peak of $X, and then reduced remarkably in the following year.

Exports by Country

Germany (X units), Estonia (X units) and the United States (X units) were the main destinations of photo camera exports from Finland, together accounting for 54% of total exports.

From 2012 to 2022, the biggest increases were recorded for Germany (with a CAGR of +110.6%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the United States ($X) emerged as the key foreign market for photographic (other than cinematographic) cameras exports from Finland, comprising 34% of total exports. The second position in the ranking was taken by Norway ($X), with a 16% share of total exports. It was followed by Germany, with an 8.1% share.

From 2012 to 2022, the average annual growth rate of value to the United States stood at +11.0%. Exports to the other major destinations recorded the following average annual rates of exports growth: Norway (+20.4% per year) and Germany (+54.7% per year).

Export Prices by Country

The average photo camera export price stood at $X per unit in 2022, with an increase of 48% against the previous year. Overall, the export price, however, showed a deep setback. The pace of growth was the most pronounced in 2017 when the average export price increased by 174% against the previous year. The export price peaked at $X per unit in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($X per unit), while the average price for exports to Estonia ($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 UK (+151.1%), while the prices for the other major destinations experienced a decline.

Photo Camera Imports

Imports into Finland

In 2022, purchases abroad of photographic (other than cinematographic) cameras increased by 11% to X units, rising for the eighth consecutive year after two years of decline. Overall, imports showed a buoyant expansion. The growth pace was the most rapid in 2015 when imports increased by 49% against the previous year. Imports peaked in 2022 and are expected to retain growth in years to come.

In value terms, photo camera imports stood at $X in 2022. In general, total imports indicated a noticeable expansion from 2012 to 2022: its value increased at an average annual rate of +2.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by -2.8% against 2019 indices. The pace of growth was the most pronounced in 2016 when imports increased by 52% against the previous year. Imports peaked at $X in 2014; however, from 2015 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, China (X units) constituted the largest supplier of photo camera to Finland, accounting for a 72% share of total imports. Moreover, photo camera imports from China exceeded the figures recorded by the second-largest supplier, Thailand (X units), fivefold. The third position in this ranking was held by the United States (X units), with a 10% share.

From 2012 to 2022, the average annual growth rate of volume from China stood at +16.5%. The remaining supplying countries recorded the following average annual rates of imports growth: Thailand (+106.5% per year) and the United States (+0.4% per year).

In value terms, China ($X) constituted the largest supplier of photographic (other than cinematographic) cameras to Finland, comprising 46% of total imports. The second position in the ranking was taken by Germany ($X), with a 15% share of total imports. It was followed by Thailand, with a 12% share.

From 2012 to 2022, the average annual rate of growth in terms of value from China amounted to +21.7%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (+0.4% per year) and Thailand (+53.6% per year).

Import Prices by Country

The average photo camera import price stood at $X per unit in 2022, with a decrease of -8.7% against the previous year. Overall, the import price saw a perceptible shrinkage. The pace of growth appeared the most rapid in 2014 when the average import price increased by 219% against the previous year. As a result, import price reached the peak level of $X per unit. From 2015 to 2022, the average import prices remained at a somewhat 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 Germany ($X per unit), while the price for China ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+25.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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