Southern Asia: Photo Camera Market 2025

Photo Camera Market Size in Southern Asia

The South Asian photo camera market dropped sharply to $X in 2022, which is down by -96.7% against the previous year. In general, consumption, however, saw a abrupt shrinkage. As a result, consumption reached the peak level of $X. From 2019 to 2022, the growth of the market remained at a somewhat lower figure.

Photo Camera Production in Southern Asia

In value terms, photo camera production rose slightly to $X in 2022 estimated in export price. Over the period under review, production, however, showed a slight setback. The pace of growth appeared the most rapid in 2015 with an increase of 78,349% against the previous year. The level of production peaked at $X in 2012; however, from 2013 to 2022, production failed to regain momentum.

Photo Camera Exports

Exports in Southern Asia

Photo camera exports reduced to X units in 2022, which is down by -1.8% against the previous year's figure. Overall, exports, however, saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2020 when exports increased by 428%. Over the period under review, the exports attained the maximum at X units in 2016; however, from 2017 to 2022, the exports failed to regain momentum.

In value terms, photo camera exports rose rapidly to $X in 2022. Over the period under review, exports showed a abrupt curtailment. The most prominent rate of growth was recorded in 2013 when exports increased by 209% against the previous year. Over the period under review, the exports attained the peak figure at $X in 2016; however, from 2017 to 2022, the exports remained at a lower figure.

Exports by Country

In 2022, India (X units) represented the largest exporter of photographic (other than cinematographic) cameras in Southern Asia, mixing up 100% of total export.

India experienced a relatively flat trend pattern with regard to volume of exports of photographic (other than cinematographic) cameras. From 2012 to 2022, the share of India increased by +1.6 percentage points, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, India ($X) also remains the largest photo camera supplier in Southern Asia.

From 2012 to 2022, the average annual growth rate of value in India stood at -8.0%.

Export Prices by Country

In 2022, the export price in Southern Asia amounted to $X per unit, increasing by 9.4% against the previous year. Over the period under review, the export price, however, recorded a abrupt decrease. The pace of growth appeared the most rapid in 2019 an increase of 190% against the previous year. As a result, the export price reached the peak level of $X per unit. From 2020 to 2022, the export prices remained at a lower figure.

As there is only one major export destination, the average price level is determined by prices for India.

From 2012 to 2022, the rate of growth in terms of prices for India amounted to -8.7% per year.

Photo Camera Imports

Imports in Southern Asia

Photo camera imports surged to X units in 2022, with an increase of 31% on the year before. Over the period under review, imports showed a resilient expansion. The pace of growth appeared the most rapid in 2019 with an increase of 708% against the previous year. As a result, imports attained the peak of X units. From 2020 to 2022, the growth of imports remained at a lower figure.

In value terms, photo camera imports skyrocketed to $X in 2022. In general, imports, however, continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2019 with an increase of 378% against the previous year. As a result, imports attained the peak of $X. From 2020 to 2022, the growth of imports failed to regain momentum.

Imports by Country

India was the largest importing country with an import of about X units, which recorded 72% of total imports. Sri Lanka (X units) took a 19% share (based on physical terms) of total imports, which put it in second place, followed by Pakistan (6%). Nepal (X units) followed a long way behind the leaders.

Imports into India increased at an average annual rate of +6.4% from 2012 to 2022. At the same time, Sri Lanka (+18.9%) and Pakistan (+13.4%) displayed positive paces of growth. Moreover, Sri Lanka emerged as the fastest-growing importer imported in Southern Asia, with a CAGR of +18.9% from 2012-2022. By contrast, Nepal (-2.7%) illustrated a downward trend over the same period. While the share of Sri Lanka (+12 p.p.) and Pakistan (+2.5 p.p.) increased significantly in terms of the total imports from 2012-2022, the share of Nepal (-4.3 p.p.) and India (-7.3 p.p.) displayed negative dynamics.

In value terms, India ($X) constitutes the largest market for imported photographic (other than cinematographic) cameras in Southern Asia, comprising 76% of total imports. The second position in the ranking was taken by Nepal ($X), with a 7.5% share of total imports. It was followed by Pakistan, with a 5.8% share.

From 2012 to 2022, the average annual rate of growth in terms of value in India amounted to -1.7%. In the other countries, the average annual rates were as follows: Nepal (+15.5% per year) and Pakistan (+13.2% per year).

Import Prices by Country

The import price in Southern Asia stood at $X per unit in 2022, picking up by 3.7% against the previous year. Over the period under review, the import price, however, recorded a abrupt descent. The pace of growth appeared the most rapid in 2017 when the import price increased by 142% against the previous year. As a result, import price attained the peak level of $X per unit. From 2018 to 2022, the import prices failed to regain momentum.

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 Nepal ($X per unit), while Sri Lanka ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Nepal (+18.7%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform

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