Russian Federation: Photo Camera Market 2025

Photo Camera Market Size in the Russian Federation

The Russian photo camera market contracted markedly to $X in 2022, waning by -28.6% against the previous year. Overall, consumption, however, saw resilient growth. As a result, consumption attained the peak level of $X, and then dropped rapidly in the following year.

Photo Camera Production in the Russian Federation

In value terms, photo camera production reduced to $X in 2022 estimated in export price. In general, production, however, faced a sharp contraction. The most prominent rate of growth was recorded in 2017 with an increase of 67% against the previous year. Photo camera production peaked at $X in 2012; however, from 2013 to 2022, production stood at a somewhat lower figure.

Photo Camera Exports

Exports from the Russian Federation

In 2022, after seven years of growth, there was significant decline in overseas shipments of photographic (other than cinematographic) cameras, when their volume decreased by -18.7% to X units. Over the period under review, exports, however, showed a strong increase. The most prominent rate of growth was recorded in 2019 with an increase of 133% against the previous year. The exports peaked at X units in 2021, and then contracted rapidly in the following year.

In value terms, photo camera exports declined dramatically to $X in 2022. Overall, exports, however, saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2017 when exports increased by 189% against the previous year. Over the period under review, the exports reached the peak figure at $X in 2021, and then dropped rapidly in the following year.

Exports by Country

The Netherlands (X units) was the main destination for photo camera exports from Russia, with a 85% share of total exports. Moreover, photo camera exports to the Netherlands exceeded the volume sent to the second major destination, Belarus (X units), ninefold. Kazakhstan (X units) ranked third in terms of total exports with a 1.9% share.

From 2012 to 2022, the average annual growth rate of volume to the Netherlands totaled +87.0%. Exports to the other major destinations recorded the following average annual rates of exports growth: Belarus (+20.9% per year) and Kazakhstan (-5.1% per year).

In value terms, the Netherlands ($X) emerged as the key foreign market for photographic (other than cinematographic) cameras exports from Russia, comprising 74% of total exports. The second position in the ranking was held by Belarus ($X), with a 10% share of total exports. It was followed by Kazakhstan, with a 3.7% share.

From 2012 to 2022, the average annual rate of growth in terms of value to the Netherlands stood at +19.8%. Exports to the other major destinations recorded the following average annual rates of exports growth: Belarus (-16.3% per year) and Kazakhstan (-3.5% per year).

Export Prices by Country

In 2022, the average photo camera export price amounted to $X per unit, which is down by -6.1% against the previous year. Overall, the export price recorded a abrupt decline. The growth pace was the most rapid in 2017 an increase of 84% against the previous year. Over the period under review, the average export prices attained the maximum at $X per unit in 2015; however, from 2016 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Kazakhstan ($X per unit), while the average price for exports to Armenia ($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 Hong Kong SAR (+4.3%), while the prices for the other major destinations experienced mixed trend patterns.

Photo Camera Imports

Imports into the Russian Federation

In 2022, approx. X units of photographic (other than cinematographic) cameras were imported into Russia; reducing by -29.5% on the year before. Over the period under review, imports, however, enjoyed resilient growth. The growth pace was the most rapid in 2021 when imports increased by 84%. As a result, imports attained the peak of X units, and then dropped remarkably in the following year.

In value terms, photo camera imports declined significantly to $X in 2022. In general, imports, however, continue to indicate a resilient increase. The growth pace was the most rapid in 2013 with an increase of 64% against the previous year. Imports peaked at $X in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

Imports by Country

Thailand (X units), China (X units) and Germany (X units) were the main suppliers of photo camera imports to Russia, with a combined 99.9% share of total imports.

From 2012 to 2022, the biggest increases were recorded for Thailand (with a CAGR of +170.9%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest photo camera suppliers to Russia were Thailand ($X), China ($X) and Germany ($X), with a combined 100% share of total imports.

Among the main suppliers, Thailand, with a CAGR of +61.6%, saw the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced mixed trend patterns.

Import Prices by Country

The average photo camera import price stood at $X per unit in 2022, rising by 5.9% against the previous year. Overall, the import price, however, recorded a pronounced setback. The most prominent rate of growth was recorded in 2013 an increase of 105% against the previous year. As a result, import price reached the peak level of $X per unit. From 2014 to 2022, the average import prices remained at a somewhat lower figure.

Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was China ($X per unit), while the price for Germany ($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 (+8.9%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :