India: Market for Television, Video and Digital Cameras 2025

Market Size for Television, Video and Digital Cameras in India

The Indian market for television, video and digital cameras surged to $X in 2022, rising by 20% against the previous year. In general, consumption enjoyed a significant expansion. Television, video and digital camera consumption peaked in 2022 and is likely to continue growth in the immediate term.

Production of Television, Video and Digital Cameras in India

In value terms, television, video and digital camera production reduced slightly to $X in 2022 estimated in export price. Overall, production recorded a abrupt setback. The most prominent rate of growth was recorded in 2021 when the production volume increased by 7.8%. Television, video and digital camera production peaked at $X in 2012; however, from 2013 to 2022, production stood at a somewhat lower figure.

Exports of Television, Video and Digital Cameras

Exports from India

After seven years of growth, overseas shipments of television, video and digital cameras decreased by -53.8% to X units in 2022. Over the period under review, exports, however, saw a strong increase. The growth pace was the most rapid in 2018 with an increase of 109% against the previous year. Over the period under review, the exports hit record highs at X units in 2021, and then declined dramatically in the following year.

In value terms, television, video and digital camera exports contracted sharply to $X in 2022. In general, exports recorded a mild shrinkage. The pace of growth was the most pronounced in 2013 when exports increased by 72%. Over the period under review, the exports attained the peak figure at $X in 2018; however, from 2019 to 2022, the exports failed to regain momentum.

Exports by Country

Vietnam (X units) was the main destination for television, video and digital camera exports from India, accounting for a 57% share of total exports. Moreover, television, video and digital camera exports to Vietnam exceeded the volume sent to the second major destination, Hong Kong SAR (X units), threefold. The third position in this ranking was taken by China (X units), with a 7.4% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Vietnam amounted to +156.2%. Exports to the other major destinations recorded the following average annual rates of exports growth: Hong Kong SAR (+11.9% per year) and China (+43.6% per year).

In value terms, the United States ($X), Singapore ($X) and Hong Kong SAR ($X) constituted the largest markets for television, video and digital camera exported from India worldwide, together comprising 53% of total exports. Vietnam, China and Sri Lanka lagged somewhat behind, together accounting for a further 15%.

In terms of the main countries of destination, Vietnam, with a CAGR of +69.6%, 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

The average export price for television, video and digital cameras stood at $X per unit in 2022, declining by -5.3% against the previous year. Overall, the export price recorded a deep downturn. The pace of growth was the most pronounced in 2013 when the average export price increased by 22%. Over the period under review, the average export prices hit record highs at $X per unit in 2014; however, from 2015 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Singapore ($X per unit), while the average price for exports to Vietnam ($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 Singapore (+7.2%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Television, Video and Digital Cameras

Imports into India

In 2022, the amount of television, video and digital cameras imported into India soared to X units, surging by 24% on 2021. In general, imports recorded significant growth. The growth pace was the most rapid in 2018 when imports increased by 155% against the previous year. Imports peaked in 2022 and are expected to retain growth in years to come.

In value terms, television, video and digital camera imports rose notably to $X in 2022. Overall, imports saw a strong increase. The growth pace was the most rapid in 2018 with an increase of 63% against the previous year. Over the period under review, imports hit record highs at $X in 2019; however, from 2020 to 2022, imports remained at a lower figure.

Imports by Country

China (X units), Vietnam (X units) and the United States (X units) were the main suppliers of television, video and digital camera imports to India, with a combined 63% share of total imports.

From 2012 to 2022, the biggest increases were recorded for Vietnam (with a CAGR of +159.6%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, China ($X), Vietnam ($X) and Hong Kong SAR ($X) appeared to be the largest television, video and digital camera suppliers to India, together comprising 81% of total imports.

Vietnam, with a CAGR of +90.6%, saw the highest growth rate of the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the average import price for television, video and digital cameras amounted to $X per unit, declining by -14.9% against the previous year. In general, the import price faced a dramatic decline. The most prominent rate of growth was recorded in 2020 when the average import price increased by 8.2% against the previous year. The import price peaked at $X per unit in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

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 China ($X per unit), while the price for South Korea ($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 (-18.9%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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