South-Eastern Asia: Photo Camera Market 2025

Photo Camera Market Size in South-Eastern Asia

In 2022, the Southeast Asian photo camera market was finally on the rise to reach $X for the first time since 2019, thus ending a two-year declining trend. Over the period under review, consumption enjoyed notable growth. The level of consumption peaked in 2022 and is likely to see steady growth in the near future.

Photo Camera Production in South-Eastern Asia

In value terms, photo camera production reached $X in 2022 estimated in export price. In general, production, however, recorded a abrupt shrinkage. The pace of growth appeared the most rapid in 2017 when the production volume increased by 123%. Over the period under review, production reached the maximum level at $X in 2012; however, from 2013 to 2022, production stood at a somewhat lower figure.

Photo Camera Exports

Exports in South-Eastern Asia

In 2022, shipments abroad of photographic (other than cinematographic) cameras increased by 4.2% to X units, rising for the third consecutive year after two years of decline. Over the period under review, exports, however, continue to indicate a abrupt curtailment. The pace of growth appeared the most rapid in 2017 when exports increased by 122%. Over the period under review, the exports hit record highs at X units in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

In value terms, photo camera exports expanded to $X in 2022. Overall, exports, however, faced a deep reduction. The most prominent rate of growth was recorded in 2017 when exports increased by 131% 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 remained at a lower figure.

Exports by Country

Thailand was the main exporting country with an export of around X units, which resulted at 70% of total exports. It was distantly followed by the Philippines (X units), mixing up a 26% share of total exports. The following exporters - Vietnam (X units) and Singapore (X units) - each accounted for a 3.2% share of total exports.

From 2012 to 2022, average annual rates of growth with regard to photo camera exports from Thailand stood at +1.7%. At the same time, Vietnam (+46.5%) displayed positive paces of growth. Moreover, Vietnam emerged as the fastest-growing exporter exported in South-Eastern Asia, with a CAGR of +46.5% from 2012-2022. By contrast, Singapore (-11.2%) and the Philippines (-19.4%) illustrated a downward trend over the same period. Thailand (+50 p.p.) and Vietnam (+1.6 p.p.) significantly strengthened its position in terms of the total exports, while the Philippines saw its share reduced by -51.5% from 2012 to 2022, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Thailand ($X), the Philippines ($X) and Singapore ($X) were the countries with the highest levels of exports in 2022, with a combined 83% share of total exports. Vietnam lagged somewhat behind, accounting for a further 10%.

In terms of the main exporting countries, Vietnam, with a CAGR of +36.1%, 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

The export price in South-Eastern Asia stood at $X per unit in 2022, leveling off at the previous year. Over the period under review, the export price continues to indicate a noticeable shrinkage. The most prominent rate of growth was recorded in 2019 when the export price increased by 17% against the previous year. Over the period under review, the export prices attained the maximum at $X per unit in 2015; however, from 2016 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Singapore ($X per unit), while Thailand ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Thailand (+1.9%), while the other leaders experienced mixed trends in the export price figures.

Photo Camera Imports

Imports in South-Eastern Asia

For the third consecutive year, South-Eastern Asia recorded growth in purchases abroad of photographic (other than cinematographic) cameras, which increased by 51% to X units in 2022. Total imports indicated a tangible expansion from 2012 to 2022: its volume increased at an average annual rate of +3.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +88.0% against 2019 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, photo camera imports surged to $X in 2022. Over the period under review, imports showed a strong expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

Thailand (X units) and Singapore (X units) represented roughly 63% of total imports in 2022. Indonesia (X units) took the next position in the ranking, distantly followed by the Philippines (X units) and Malaysia (X units). All these countries together took near 34% share of total imports. Vietnam (X units) followed a long way behind the leaders.

From 2012 to 2022, the biggest increases were recorded for the Philippines (with a CAGR of +20.4%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Indonesia ($X) constitutes the largest market for imported photographic (other than cinematographic) cameras in South-Eastern Asia, comprising 68% of total imports. The second position in the ranking was taken by Singapore ($X), with a 16% share of total imports. It was followed by the Philippines, with a 5.9% share.

In Indonesia, photo camera imports increased at an average annual rate of +25.8% over the period from 2012-2022. In the other countries, the average annual rates were as follows: Singapore (-0.6% per year) and the Philippines (+15.5% per year).

Import Prices by Country

In 2022, the import price in South-Eastern Asia amounted to $X per unit, with an increase of 48% against the previous year. Import price indicated a moderate expansion from 2012 to 2022: its price increased at an average annual rate of +3.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, photo camera import price increased by +65.1% against 2020 indices. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

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 Indonesia ($X per unit), while Thailand ($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 (+13.7%), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform

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