Latin America and the Caribbean: Cinematographic Camera Market 2025

Cinematographic Camera Market Size in Latin America and the Caribbean

After two years of decline, the Latin American cinematographic camera market increased by 3.1% to $X in 2022. Overall, consumption recorded a abrupt decline. As a result, consumption reached the peak level of $X. From 2016 to 2022, the growth of the market failed to regain momentum.

Cinematographic Camera Production in Latin America and the Caribbean

In value terms, cinematographic camera production amounted to $X in 2022 estimated in export price. Overall, production saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2015 with an increase of 36%. As a result, production attained the peak level of $X. From 2016 to 2022, production growth remained at a somewhat lower figure.

Cinematographic Camera Exports

Exports in Latin America and the Caribbean

In 2022, cinematographic camera exports in Latin America and the Caribbean contracted rapidly to X units, which is down by -76.9% on the previous year. Overall, exports, however, posted a strong expansion. The growth pace was the most rapid in 2021 when exports increased by 691% against the previous year. As a result, the exports reached the peak of X units, and then shrank remarkably in the following year.

In value terms, cinematographic camera exports fell rapidly to $X in 2022. Over the period under review, exports, however, showed a strong increase. The most prominent rate of growth was recorded in 2021 when exports increased by 230%. As a result, the exports attained the peak of $X, and then reduced notably in the following year.

Exports by Country

In 2022, Panama (X units) was the major exporter of cinematographic cameras for film, generating 40% of total exports. It was distantly followed by Mexico (X units), Colombia (X units), the Dominican Republic (X units) and Jamaica (X units), together mixing up a 49% share of total exports. Costa Rica (X units) followed a long way behind the leaders.

From 2012 to 2022, average annual rates of growth with regard to cinematographic camera exports from Panama stood at +11.4%. At the same time, Colombia (+27.9%), Mexico (+17.6%), Jamaica (+17.5%) and Costa Rica (+11.0%) displayed positive paces of growth. Moreover, Colombia emerged as the fastest-growing exporter exported in Latin America and the Caribbean, with a CAGR of +27.9% from 2012-2022. By contrast, the Dominican Republic (-13.3%) illustrated a downward trend over the same period. From 2012 to 2022, the share of Colombia, the Dominican Republic, Panama, Mexico and Jamaica increased by +12, +11, +11, +9.5 and +3.9 percentage points, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Mexico ($X) remains the largest cinematographic camera supplier in Latin America and the Caribbean, comprising 58% of total exports. The second position in the ranking was taken by Colombia ($X), with a 14% share of total exports. It was followed by Panama, with a 7.2% share.

From 2012 to 2022, the average annual growth rate of value in Mexico totaled +15.9%. The remaining exporting countries recorded the following average annual rates of exports growth: Colombia (+7.9% per year) and Panama (-5.3% per year).

Export Prices by Country

The export price in Latin America and the Caribbean stood at $X per unit in 2022, with an increase of 119% against the previous year. In general, the export price, however, showed a perceptible slump. The level of export peaked at $X per unit in 2017; however, from 2018 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Mexico ($X per unit), while the Dominican Republic ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Jamaica (-0.1%), while the other leaders experienced a decline in the export price figures.

Cinematographic Camera Imports

Imports in Latin America and the Caribbean

In 2022, cinematographic camera imports in Latin America and the Caribbean contracted remarkably to X units, shrinking by -42.3% against the year before. Overall, imports continue to indicate a abrupt slump. The pace of growth appeared the most rapid in 2021 when imports increased by 84% against the previous year. Over the period under review, imports reached the maximum at X units in 2012; however, from 2013 to 2022, imports failed to regain momentum.

In value terms, cinematographic camera imports reduced notably to $X in 2022. Over the period under review, imports showed a abrupt decline. The most prominent rate of growth was recorded in 2019 when imports increased by 35%. The level of import peaked at $X in 2016; however, from 2017 to 2022, imports stood at a somewhat lower figure.

Imports by Country

Guyana prevails in imports structure, resulting at X units, which was approx. 53% of total imports in 2022. Ecuador (X units) ranks second in terms of the total imports with a 7.3% share, followed by Chile (6.3%). The following importers - Jamaica (X units), Costa Rica (X units), Bolivia (X units), Barbados (X units), Peru (X units), Brazil (X units), Colombia (X units), the Dominican Republic (X units) and Argentina (X units) - together made up 25% of total imports.

Imports into Guyana increased at an average annual rate of +20.7% from 2012 to 2022. At the same time, Peru (+47.9%), Jamaica (+8.7%) and the Dominican Republic (+2.9%) displayed positive paces of growth. Moreover, Peru emerged as the fastest-growing importer imported in Latin America and the Caribbean, with a CAGR of +47.9% from 2012-2022. By contrast, Argentina (-1.5%), Chile (-3.0%), Ecuador (-5.1%), Barbados (-7.0%), Costa Rica (-8.3%), Colombia (-21.7%), Brazil (-22.6%) and Bolivia (-28.5%) illustrated a downward trend over the same period. While the share of Guyana (+50 p.p.), Jamaica (+3.5 p.p.), Chile (+3.3 p.p.), Ecuador (+3 p.p.) and Peru (+2 p.p.) increased significantly in terms of the total imports from 2012-2022, the share of Colombia (-5.8 p.p.), Brazil (-6.6 p.p.) and Bolivia (-32.8 p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Brazil ($X), Chile ($X) and Peru ($X) constituted the countries with the highest levels of imports in 2022, together comprising 51% of total imports.

Peru, with a CAGR of +45.3%, recorded the highest rates of growth with regard to the value of imports, in terms of 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 Latin America and the Caribbean stood at $X per unit in 2022, with an increase of 45% against the previous year. Overall, the import price, however, saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2016 when the import price increased by 82% against the previous year. As a result, import price reached the peak level of $X per unit. From 2017 to 2022, the import prices remained at a lower figure.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Bolivia (+17.5%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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