Russian Federation: Market for Television, Video and Digital Cameras 2024

Market Size for Television, Video and Digital Cameras in the Russian Federation

The Russian market for television, video and digital cameras shrank to $X in 2022, falling by -6.5% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Overall, consumption continues to indicate a abrupt slump. Over the period under review, the market attained the peak level at $X in 2013; however, from 2014 to 2022, consumption remained at a lower figure.

Exports of Television, Video and Digital Cameras

Exports from the Russian Federation

In 2022, after two years of growth, there was significant decline in shipments abroad of television, video and digital cameras, when their volume decreased by -79.3% to X units. Over the period under review, exports showed a abrupt slump. The most prominent rate of growth was recorded in 2018 with an increase of 88% against the previous year. The exports peaked at X units in 2013; however, from 2014 to 2022, the exports failed to regain momentum.

In value terms, television, video and digital camera exports fell rapidly to $X in 2022. In general, exports saw a dramatic downturn. The pace of growth appeared the most rapid in 2018 with an increase of 111%. The exports peaked at $X in 2013; however, from 2014 to 2022, the exports failed to regain momentum.

Exports by Country

Kazakhstan (X units) was the main destination for television, video and digital camera exports from Russia, with a 59% share of total exports. Moreover, television, video and digital camera exports to Kazakhstan exceeded the volume sent to the second major destination, Belarus (X units), twofold. Ukraine (X units) ranked third in terms of total exports with a 7.7% share.

From 2012 to 2022, the average annual growth rate of volume to Kazakhstan was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: Belarus (-17.0% per year) and Ukraine (-1.0% per year).

In value terms, Kazakhstan ($X) remains the key foreign market for television, video and digital cameras exports from Russia, comprising 70% of total exports. The second position in the ranking was held by Belarus ($X), with a 17% share of total exports. It was followed by Ukraine, with a 3.5% share.

From 2012 to 2022, the average annual growth rate of value to Kazakhstan totaled -9.0%. Exports to the other major destinations recorded the following average annual rates of exports growth: Belarus (-19.1% per year) and Ukraine (-22.7% per year).

Export Prices by Country

The average export price for television, video and digital cameras stood at $X per unit in 2022, dropping by -58.4% against the previous year. Over the period under review, the export price continues to indicate a deep downturn. The pace of growth was the most pronounced in 2014 an increase of 74%. Over the period under review, the average export prices attained the maximum at $X per unit in 2016; however, from 2017 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Kazakhstan ($X per unit), while the average price for exports to Ukraine ($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 Belarus (-2.5%), while the prices for the other major destinations experienced a decline.

Imports of Television, Video and Digital Cameras

Imports into the Russian Federation

After two years of growth, purchases abroad of television, video and digital cameras decreased by -9% to X units in 2022. Over the period under review, imports continue to indicate a pronounced curtailment. The pace of growth was the most pronounced in 2017 with an increase of 36% against the previous year. Imports peaked at X units in 2012; however, from 2013 to 2022, imports remained at a lower figure.

In value terms, television, video and digital camera imports declined to $X in 2022. Overall, imports saw a abrupt curtailment. The pace of growth appeared the most rapid in 2017 when imports increased by 36% against the previous year. Imports peaked at $X in 2013; however, from 2014 to 2022, imports stood at a somewhat lower figure.

Imports by Country

In 2022, China (X units) was the main television, video and digital camera supplier to Russia, with a 100% share of total imports. It was followed by South Korea (X units), with less than 0.1% share of total imports. The third position in this ranking was taken by Japan (X units), with less than 0.1% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from China was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: South Korea (-42.0% per year) and Japan (-52.0% per year).

In value terms, China ($X) constituted the largest supplier of television, video and digital cameras to Russia, comprising 99% of total imports. The second position in the ranking was held by South Korea ($X), with a 0.1% share of total imports. It was followed by Japan, with less than 0.1% share.

From 2012 to 2022, the average annual growth rate of value from China was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: South Korea (-34.5% per year) and Japan (-53.3% per year).

Import Prices by Country

The average import price for television, video and digital cameras stood at $X per unit in 2022, therefore, remained relatively stable against the previous year. Over the period under review, the import price, however, showed a perceptible reduction. The pace of growth was the most pronounced in 2013 when the average import price increased by 17%. As a result, import price attained the peak level of $X per unit. From 2014 to 2022, the average import prices remained at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Taiwan (Chinese) ($X per unit), while the price for China ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Indonesia (+22.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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