MENA: Cinematographic Camera Market 2024

Cinematographic Camera Market Size in MENA

The MENA's cinematographic camera market skyrocketed to $X in 2022, with an increase of 30% against the previous year. In general, consumption continues to indicate a strong expansion. As a result, consumption reached the peak level of $X. From 2014 to 2022, the growth of the market remained at a lower figure.

Cinematographic Camera Production in MENA

In value terms, cinematographic camera production expanded modestly to $X in 2022 estimated in export price. The total production indicated a moderate increase from 2012 to 2022: its value increased at an average annual rate of +4.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production decreased by -2.2% against 2020 indices. The pace of growth was the most pronounced in 2015 when the production volume increased by 14%. The level of production peaked at $X in 2020; however, from 2021 to 2022, production stood at a somewhat lower figure.

Cinematographic Camera Exports

Exports in MENA

In 2022, the amount of cinematographic cameras for film exported in MENA dropped markedly to X units, falling by -16.8% on 2021 figures. Overall, exports recorded a abrupt setback. The pace of growth was the most pronounced in 2013 with an increase of 105% against the previous year. As a result, the exports reached the peak of X units. From 2014 to 2022, the growth of the exports remained at a lower figure.

In value terms, cinematographic camera exports soared to $X in 2022. Over the period under review, exports continue to indicate a abrupt shrinkage. The most prominent rate of growth was recorded in 2014 with an increase of 55%. As a result, the exports reached the peak of $X. From 2015 to 2022, the growth of the exports failed to regain momentum.

Exports by Country

In 2022, Israel (X units) and the United Arab Emirates (X units) were the largest exporters of cinematographic cameras for film in MENA, together accounting for near 51% of total exports. Turkey (X units) ranks next in terms of the total exports with a 17% share, followed by Bahrain (16%) and Saudi Arabia (9.2%). Egypt (X units) took a relatively small share of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the key exporting countries, was attained by Bahrain (with a CAGR of +17.7%), while the other leaders experienced mixed trends in the exports figures.

In value terms, Israel ($X) emerged as the largest cinematographic camera supplier in MENA, comprising 43% of total exports. The second position in the ranking was held by Saudi Arabia ($X), with a 21% share of total exports. It was followed by the United Arab Emirates, with a 7.1% share.

From 2012 to 2022, the average annual growth rate of value in Israel stood at -12.6%. In the other countries, the average annual rates were as follows: Saudi Arabia (+21.9% per year) and the United Arab Emirates (-13.2% per year).

Export Prices by Country

In 2022, the export price in MENA amounted to $X per unit, growing by 41% against the previous year. Over the period under review, the export price, however, continues to indicate a mild descent. The pace of growth was the most pronounced in 2017 when the export price increased by 58%. The level of export peaked at $X per unit in 2018; however, from 2019 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 Saudi Arabia ($X per unit), while Turkey ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Saudi Arabia (+24.0%), while the other leaders experienced more modest paces of growth.

Cinematographic Camera Imports

Imports in MENA

In 2022, imports of cinematographic cameras for film in MENA skyrocketed to X units, growing by 95% compared with 2021. Overall, imports recorded a strong increase. The pace of growth appeared the most rapid in 2013 when imports increased by 1,363%. As a result, imports attained the peak of X units. From 2014 to 2022, the growth of imports failed to regain momentum.

In value terms, cinematographic camera imports contracted notably to $X in 2022. In general, imports, however, recorded a pronounced slump. The growth pace was the most rapid in 2013 with an increase of 179% against the previous year. As a result, imports reached the peak of $X. From 2014 to 2022, the growth of imports failed to regain momentum.

Imports by Country

In 2022, Qatar (X units) was the major importer of cinematographic cameras for film, committing 74% of total imports. It was distantly followed by Kuwait (X units), mixing up a 12% share of total imports. The United Arab Emirates (X units), Yemen (X units) and Bahrain (X units) held a minor share of total imports.

Qatar was also the fastest-growing in terms of the cinematographic cameras for film imports, with a CAGR of +42.6% from 2012 to 2022. At the same time, Bahrain (+2.7%) displayed positive paces of growth. Kuwait experienced a relatively flat trend pattern. By contrast, the United Arab Emirates (-1.3%) and Yemen (-10.6%) illustrated a downward trend over the same period. Qatar (+67 p.p.) and Kuwait (+12 p.p.) significantly strengthened its position in terms of the total imports, while Bahrain, the United Arab Emirates and Yemen saw its share reduced by -2.5%, -10.6% and -19.9% from 2012 to 2022, respectively.

In value terms, the United Arab Emirates ($X) constitutes the largest market for imported cinematographic cameras for film in MENA, comprising 30% of total imports. The second position in the ranking was held by Qatar ($X), with an 11% share of total imports. It was followed by Kuwait, with a 5.5% share.

In the United Arab Emirates, cinematographic camera imports remained relatively stable over the period from 2012-2022. The remaining importing countries recorded the following average annual rates of imports growth: Qatar (+7.4% per year) and Kuwait (-2.9% per year).

Import Prices by Country

The import price in MENA stood at $X per unit in 2022, reducing by -85.5% against the previous year. In general, the import price showed a deep setback. The most prominent rate of growth was recorded in 2020 when the import price increased by 471% against the previous year. Over the period under review, import prices reached the maximum at $X per unit in 2021, and then shrank dramatically in the following year.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (+2.1%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform