Middle East: Photo Camera Market 2025

Photo Camera Market Size in the Middle East

The Middle Eastern photo camera market expanded rapidly to $X in 2022, surging by 7.9% against the previous year. In general, consumption posted a strong increase. Over the period under review, the market attained the maximum level at $X in 2020; however, from 2021 to 2022, consumption failed to regain momentum.

Photo Camera Production in the Middle East

In value terms, photo camera production expanded markedly to $X in 2022 estimated in export price. In general, production showed a prominent increase. The most prominent rate of growth was recorded in 2017 when the production volume increased by 74%. The level of production peaked at $X in 2020; however, from 2021 to 2022, production stood at a somewhat lower figure.

Photo Camera Exports

Exports in the Middle East

In 2022, approx. X units of photographic (other than cinematographic) cameras were exported in the Middle East; waning by -7.3% compared with 2021 figures. In general, exports, however, recorded a moderate expansion. The growth pace was the most rapid in 2017 when exports increased by 278%. Over the period under review, the exports hit record highs at X units in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

In value terms, photo camera exports rose markedly to $X in 2022. Over the period under review, exports recorded a drastic downturn. The pace of growth appeared the most rapid in 2016 with an increase of 12% against the previous year. Over the period under review, the exports reached the peak figure at $X in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

In 2022, Turkey (X units) was the key exporter of photographic (other than cinematographic) cameras, constituting 53% of total exports. It was distantly followed by the United Arab Emirates (X units), Israel (X units) and Jordan (X units), together constituting a 45% share of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main exporting countries, was attained by Turkey (with a CAGR of +56.5%), while the other leaders experienced more modest paces of growth.

In value terms, the largest photo camera supplying countries in the Middle East were Israel ($X), Turkey ($X) and the United Arab Emirates ($X), together accounting for 90% of total exports.

Among the main exporting countries, Turkey, with a CAGR of +27.8%, recorded the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced mixed trends in the exports figures.

Export Prices by Country

In 2022, the export price in the Middle East amounted to $X per unit, with an increase of 15% against the previous year. In general, the export price, however, recorded a deep downturn. The pace of growth was the most pronounced in 2014 when the export price increased by 88%. The level of export peaked at $X per unit in 2016; however, from 2017 to 2022, the export prices stood at a somewhat lower figure.

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 Israel ($X per unit), while Turkey ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (-4.8%), while the other leaders experienced a decline in the export price figures.

Photo Camera Imports

Imports in the Middle East

Photo camera imports fell to X units in 2022, waning by -8.4% against the previous year's figure. Over the period under review, imports, however, posted a tangible increase. The pace of growth was the most pronounced in 2021 when imports increased by 66% against the previous year. As a result, imports attained the peak of X units, and then declined in the following year.

In value terms, photo camera imports fell to $X in 2022. In general, imports showed a perceptible descent. The pace of growth appeared the most rapid in 2019 when imports increased by 117%. As a result, imports reached the peak of $X. From 2020 to 2022, the growth of imports remained at a lower figure.

Imports by Country

The United Arab Emirates represented the main importing country with an import of around X units, which accounted for 61% of total imports. It was distantly followed by Turkey (X units) and Israel (X units), together making up a 26% share of total imports. The following importers - Saudi Arabia (X units), Iraq (X units), Kuwait (X units) and Iran (X units) - together made up 9.3% of total imports.

Imports into the United Arab Emirates increased at an average annual rate of +2.4% from 2012 to 2022. At the same time, Israel (+16.1%), Kuwait (+14.2%), Iraq (+9.7%) and Turkey (+7.7%) displayed positive paces of growth. Moreover, Israel emerged as the fastest-growing importer imported in the Middle East, with a CAGR of +16.1% from 2012-2022. By contrast, Iran (-12.3%) and Saudi Arabia (-13.2%) illustrated a downward trend over the same period. Israel (+8.5 p.p.), Turkey (+4 p.p.) and Saudi Arabia (+3.6 p.p.) significantly strengthened its position in terms of the total imports, while Iran and the United Arab Emirates saw its share reduced by -6.9% and -9.7% from 2012 to 2022, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the United Arab Emirates ($X) constitutes the largest market for imported photographic (other than cinematographic) cameras in the Middle East, comprising 47% of total imports. The second position in the ranking was held by Turkey ($X), with a 15% share of total imports. It was followed by Israel, with a 7.8% share.

In the United Arab Emirates, photo camera imports remained relatively stable over the period from 2012-2022. The remaining importing countries recorded the following average annual rates of imports growth: Turkey (+11.7% per year) and Israel (-5.4% per year).

Import Prices by Country

In 2022, the import price in the Middle East amounted to $X per unit, reducing by -2.2% against the previous year. Overall, the import price showed a abrupt slump. The most prominent rate of growth was recorded in 2013 an increase of 111% against the previous year. As a result, import price attained the peak level of $X per unit. From 2014 to 2022, the import prices remained at a lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Kuwait ($X per unit), while Saudi Arabia ($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 (+30.6%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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