Singapore: Photographic Film Market 2025

Photographic Film Market Size in Singapore

In 2021, the Singaporean photographic film market decreased by -20% to $X, falling for the fourth year in a row after two years of growth. Over the period under review, consumption faced a abrupt slump. As a result, consumption attained the peak level of $X. From 2014 to 2021, the growth of the market failed to regain momentum.

Photographic Film Production in Singapore

In value terms, photographic film production contracted markedly to $X in 2021 estimated in export price. In general, production saw a abrupt slump. The most prominent rate of growth was recorded in 2014 with a decrease of -6.3% against the previous year. Photographic film production peaked at $X in 2013; however, from 2014 to 2021, production stood at a somewhat lower figure.

Photographic Film Exports

Exports from Singapore

In 2021, overseas shipments of photographic plates and film, photographic paper, paperboard and textiles and instant print film, sensitized, unexposed increased by 94% to X square meters, rising for the second consecutive year after four years of decline. Over the period under review, exports, however, showed a slight reduction. Over the period under review, the exports hit record highs at X square meters in 2012; however, from 2013 to 2021, the exports failed to regain momentum.

In value terms, photographic film exports surged to $X in 2021. Overall, total exports indicated a remarkable increase from 2012 to 2021: its value increased at an average annual rate of +6.2% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, exports increased by +55.3% against 2015 indices. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

Thailand (X square meters) was the main destination for photographic film exports from Singapore, accounting for a 41% share of total exports. Moreover, photographic film exports to Thailand exceeded the volume sent to the second major destination, Taiwan (Chinese) (X square meters), twofold. Malaysia (X square meters) ranked third in terms of total exports with an 8.6% share.

From 2012 to 2021, the average annual growth rate of volume to Thailand was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: Taiwan (Chinese) (+32.3% per year) and Malaysia (-9.0% per year).

In value terms, Taiwan (Chinese) ($X) remains the key foreign market for photographic plates and film, photographic paper, paperboard and textiles and instant print film, sensitized, unexposed exports from Singapore, comprising 45% of total exports. The second position in the ranking was held by Japan ($X), with an 11% share of total exports. It was followed by Hong Kong SAR, with an 8.7% share.

From 2012 to 2021, the average annual rate of growth in terms of value to Taiwan (Chinese) amounted to +55.4%. Exports to the other major destinations recorded the following average annual rates of exports growth: Japan (+47.1% per year) and Hong Kong SAR (+6.5% per year).

Export Prices by Country

In 2021, the average photographic film export price amounted to $X per square meter, which is down by -34.1% against the previous year. Overall, the export price, however, posted a buoyant expansion. The pace of growth appeared the most rapid in 2019 when the average export price increased by 31% against the previous year. As a result, the export price reached the peak level of $X per square meter. From 2020 to 2021, the average export prices remained at a somewhat lower figure.

There were significant differences in the average prices for the major foreign markets. In 2021, amid the top suppliers, the country with the highest price was Taiwan (Chinese) ($X per square meter), while the average price for exports to Thailand ($X per square meter) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Japan (+29.2%), while the prices for the other major destinations experienced more modest paces of growth.

Photographic Film Imports

Imports into Singapore

In 2021, purchases abroad of photographic plates and film, photographic paper, paperboard and textiles and instant print film, sensitized, unexposed was finally on the rise to reach X square meters for the first time since 2017, thus ending a three-year declining trend. Overall, imports, however, saw a abrupt shrinkage. Imports peaked at X square meters in 2012; however, from 2013 to 2021, imports remained at a lower figure.

In value terms, photographic film imports soared to $X in 2021. Over the period under review, imports, however, saw a mild descent. Over the period under review, imports reached the maximum at $X in 2012; however, from 2013 to 2021, imports stood at a somewhat lower figure.

Imports by Country

Malaysia (X square meters), Indonesia (X square meters) and China (X square meters) were the main suppliers of photographic film imports to Singapore, together comprising 68% of total imports.

From 2012 to 2021, the biggest increases were recorded for Indonesia (with a CAGR of +59.4%), while purchases for the other leaders experienced a decline.

In value terms, Japan ($X), Indonesia ($X) and China ($X) appeared to be the largest photographic film suppliers to Singapore, with a combined 63% share of total imports.

Among the main suppliers, Indonesia, with a CAGR of +65.8%, saw the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average photographic film import price stood at $X per square meter in 2021, declining by -12.3% against the previous year. Overall, the import price, however, showed a prominent increase. The growth pace was the most rapid in 2019 an increase of 68% against the previous year. The import price peaked at $X per square meter in 2020, and then fell in the following year.

There were significant differences in the average prices amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was Japan ($X per square meter), while the price for Malaysia ($X per square meter) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (+14.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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