South-Eastern Asia: Market for Television, Video and Digital Cameras 2024

Market Size for Television, Video and Digital Cameras in South-Eastern Asia

The Southeast Asian market for television, video and digital cameras soared to $X in 2022, increasing by 15% against the previous year. In general, consumption, however, saw a pronounced decline. The level of consumption peaked at $X in 2012; however, from 2013 to 2022, consumption stood at a somewhat lower figure.

Production of Television, Video and Digital Cameras in South-Eastern Asia

In value terms, television, video and digital camera production totaled $X in 2022 estimated in export price. Over the period under review, production continues to indicate a noticeable shrinkage. The most prominent rate of growth was recorded in 2020 when the production volume increased by 18% against the previous year. The level of production peaked at $X in 2012; however, from 2013 to 2022, production failed to regain momentum.

Exports of Television, Video and Digital Cameras

Exports in South-Eastern Asia

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 -15.3% to X units. In general, exports, however, enjoyed buoyant growth. The most prominent rate of growth was recorded in 2018 when exports increased by 118% against the previous year. The volume of export peaked at X units in 2021, and then plummeted in the following year.

In value terms, television, video and digital camera exports reduced sharply to $X in 2022. Over the period under review, exports recorded a noticeable setback. The pace of growth appeared the most rapid in 2021 when exports increased by 47% against the previous year. As a result, the exports reached the peak of $X, and then contracted rapidly in the following year.

Exports by Country

Vietnam prevails in exports structure, finishing at X units, which was near 93% of total exports in 2022. The following exporters - Malaysia (X units) and Singapore (X units) - each resulted at a 6.1% share of total exports.

Vietnam was also the fastest-growing in terms of the television, video and digital cameras exports, with a CAGR of +56.8% from 2012 to 2022. Singapore (-2.0%) and Malaysia (-12.0%) illustrated a downward trend over the same period. While the share of Vietnam (+89 p.p.) increased significantly in terms of the total exports from 2012-2022, the share of Singapore (-8.2 p.p.) and Malaysia (-36.5 p.p.) displayed negative dynamics.

In value terms, Vietnam ($X) remains the largest television, video and digital camera supplier in South-Eastern Asia, comprising 69% of total exports. The second position in the ranking was held by Singapore ($X), with a 12% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of value in Vietnam totaled +45.1%. The remaining exporting countries recorded the following average annual rates of exports growth: Singapore (-6.7% per year) and Malaysia (-8.2% per year).

Export Prices by Country

The export price in South-Eastern Asia stood at $X per unit in 2022, waning by -26.2% against the previous year. In general, the export price showed a deep slump. The pace of growth was the most pronounced in 2013 an increase of 5.3% against the previous year. The level of export peaked at $X per unit in 2014; however, from 2015 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Singapore ($X per unit), while Vietnam ($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 (+4.2%), while the other leaders experienced a decline in the export price figures.

Imports of Television, Video and Digital Cameras

Imports in South-Eastern Asia

After two years of decline, supplies from abroad of television, video and digital cameras increased by 4.4% to X units in 2022. Overall, imports, however, showed a slight descent. The pace of growth appeared the most rapid in 2017 when imports increased by 33% against the previous year. The volume of import peaked at X units in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

In value terms, television, video and digital camera imports expanded rapidly to $X in 2022. In general, imports, however, recorded a noticeable decline. The pace of growth appeared the most rapid in 2017 when imports increased by 21%. The level of import peaked at $X in 2012; however, from 2013 to 2022, imports remained at a lower figure.

Imports by Country

Vietnam (X units) and Thailand (X units) were the largest importers of television, video and digital cameras in 2022, resulting at approx. 35% and 30% of total imports, respectively. Singapore (X units) ranks next in terms of the total imports with a 13% share, followed by Malaysia (12%) and Indonesia (5.4%). The Philippines (X units) followed a long way behind the leaders.

From 2012 to 2022, the biggest increases were recorded for Indonesia (with a CAGR of +9.6%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest television, video and digital camera importing markets in South-Eastern Asia were Singapore ($X), Thailand ($X) and Vietnam ($X), with a combined 70% share of total imports. Indonesia, Malaysia and the Philippines lagged somewhat behind, together comprising a further 29%.

In terms of the main importing countries, the Philippines, with a CAGR of +15.2%, 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

In 2022, the import price in South-Eastern Asia amounted to $X per unit, with an increase of 2.5% against the previous year. Over the period under review, the import price, however, showed a slight shrinkage. The growth pace was the most rapid in 2014 when the import price increased by 20%. The level of import peaked at $X per unit in 2016; however, from 2017 to 2022, import prices stood at a somewhat lower figure.

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 ($X per unit), while Vietnam ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Philippines (+11.8%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :