Philippines: Cinematographic Camera Market 2025

Cinematographic Camera Market Size in the Philippines

In 2022, the Philippine cinematographic camera market decreased by -13.3% to $X for the first time since 2019, thus ending a two-year rising trend. Overall, consumption, however, showed significant growth. Over the period under review, the market hit record highs at $X in 2021, and then shrank in the following year.

Cinematographic Camera Production in the Philippines

In value terms, cinematographic camera production declined to $X in 2022 estimated in export price. In general, the total production indicated perceptible growth from 2012 to 2022: its value increased at an average annual rate of +2.1% 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 -5.2% against 2019 indices. The growth pace was the most rapid in 2015 with an increase of 45%. 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 from the Philippines

In 2022, approx. X units of cinematographic cameras for film were exported from the Philippines; growing by 1,033% against the previous year's figure. In general, exports continue to indicate a significant increase. The most prominent rate of growth was recorded in 2015 when exports increased by 1,400%. The exports peaked in 2022 and are likely to see gradual growth in the immediate term.

In value terms, cinematographic camera exports soared to $X in 2022. Over the period under review, exports posted a strong increase. The pace of growth was the most pronounced in 2014 when exports increased by 17,500% against the previous year. Over the period under review, the exports attained the maximum at $X in 2015; however, from 2016 to 2022, the exports remained at a lower figure.

Exports by Country

Hong Kong SAR (X units), Israel (X units) and Japan (X units) were the main destinations of cinematographic camera exports from the Philippines, together comprising 98% of total exports.

From 2012 to 2022, the biggest increases were recorded for Hong Kong SAR (with a CAGR of +102.4%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for cinematographic camera exported from the Philippines were Hong Kong SAR ($X), Israel ($X) and the United States ($X), with a combined 87% share of total exports. Japan lagged somewhat behind, comprising a further 13%.

Japan, with a CAGR of +31.5%, saw the highest growth rate of the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average cinematographic camera export price stood at $X per unit in 2022, rising by 80% against the previous year. In general, the export price, however, saw a sharp contraction. The pace of growth was the most pronounced in 2014 when the average export price increased by 17,500% against the previous year. As a result, the export price reached the peak level of $X per unit. From 2015 to 2022, the average export prices remained at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($X per unit), while the average price for exports to Hong Kong SAR ($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 Japan (+22.7%), while the prices for the other major destinations experienced a decline.

Cinematographic Camera Imports

Imports into the Philippines

After two years of growth, overseas purchases of cinematographic cameras for film decreased by -8.5% to X units in 2022. Over the period under review, imports, however, saw a significant expansion. The pace of growth was the most pronounced in 2014 when imports increased by 700%. Imports peaked at X units in 2021, and then fell in the following year.

In value terms, cinematographic camera imports surged to $X in 2022. Overall, imports, however, recorded a significant expansion. The pace of growth was the most pronounced in 2014 with an increase of 884% against the previous year. Imports peaked in 2022 and are likely to see gradual growth in the immediate term.

Imports by Country

Japan (X units), China (X units) and Thailand (X units) were the main suppliers of cinematographic camera imports to the Philippines, with a combined 83% share of total imports.

From 2012 to 2022, the biggest increases were recorded for Thailand (with a CAGR of +102.4%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Japan ($X) constituted the largest supplier of cinematographic cameras for film to the Philippines, comprising 53% of total imports. The second position in the ranking was taken by Thailand ($X), with a 16% share of total imports. It was followed by China, with a 14% share.

From 2012 to 2022, the average annual rate of growth in terms of value from Japan amounted to +80.1%. The remaining supplying countries recorded the following average annual rates of imports growth: Thailand (+128.7% per year) and China (+16.8% per year).

Import Prices by Country

In 2022, the average cinematographic camera import price amounted to $X per unit, jumping by 37% against the previous year. In general, the import price, however, saw a drastic downturn. The most prominent rate of growth was recorded in 2019 an increase of 79% against the previous year. The import price peaked at $X per unit in 2014; however, from 2015 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Malaysia ($X per unit), while the price for China ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Malaysia (+75.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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