Thailand: Photographic Film Market 2024

Photographic Film Market Size in Thailand

The Thai photographic film market skyrocketed to $X in 2021, with an increase of 19% 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). In general, consumption, however, recorded a abrupt setback. Over the period under review, the market attained the maximum level at $X in 2012; however, from 2013 to 2021, consumption stood at a somewhat lower figure.

Photographic Film Exports

Exports from Thailand

In 2021, overseas shipments of photographic plates and film, photographic paper, paperboard and textiles and instant print film, sensitized, unexposed increased by 6.2% to X square meters, rising for the sixth consecutive year after three years of decline. Overall, exports, however, showed a pronounced contraction. The growth pace was the most rapid in 2017 when exports increased by 23% against the previous year. Over the period under review, the exports attained the peak figure at X square meters in 2012; however, from 2013 to 2021, the exports stood at a somewhat lower figure.

In value terms, photographic film exports expanded rapidly to $X in 2021. Over the period under review, exports continue to indicate mild growth. The most prominent rate of growth was recorded in 2016 when exports increased by 293% against the previous year. The exports peaked at $X in 2019; however, from 2020 to 2021, the exports remained at a lower figure.

Exports by Country

Hong Kong SAR (X square meters) was the main destination for photographic film exports from Thailand, accounting for a 49% share of total exports. Moreover, photographic film exports to Hong Kong SAR exceeded the volume sent to the second major destination, Malaysia (X square meters), threefold. Myanmar (X square meters) ranked third in terms of total exports with a 7.6% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to Hong Kong SAR amounted to +67.9%. Exports to the other major destinations recorded the following average annual rates of exports growth: Malaysia (+34.6% per year) and Myanmar (+26.5% per year).

In value terms, Hong Kong SAR ($X) remains the key foreign market for photographic plates and film, photographic paper, paperboard and textiles and instant print film, sensitized, unexposed exports from Thailand, comprising 56% of total exports. The second position in the ranking was taken by Myanmar ($X), with a 16% share of total exports. It was followed by Malaysia, with an 8.7% share.

From 2012 to 2021, the average annual rate of growth in terms of value to Hong Kong SAR amounted to +42.9%. Exports to the other major destinations recorded the following average annual rates of exports growth: Myanmar (+47.4% per year) and Malaysia (+9.2% per year).

Export Prices by Country

The average photographic film export price stood at $X per square meter in 2021, with an increase of 2.9% against the previous year. Over the period under review, the export price enjoyed temperate growth. The most prominent rate of growth was recorded in 2016 when the average export price increased by 228% against the previous year. As a result, the export price attained the peak level of $X per square meter. From 2017 to 2021, the average export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Singapore ($X per square meter), while the average price for exports to Nigeria ($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 Myanmar (+16.5%), while the prices for the other major destinations experienced more modest paces of growth.

Photographic Film Imports

Imports into Thailand

In 2021, photographic film imports into Thailand skyrocketed to X square meters, rising by 23% on the year before. Over the period under review, imports recorded a resilient expansion. The most prominent rate of growth was recorded in 2015 when imports increased by 63% against the previous year. Over the period under review, imports hit record highs at X square meters in 2018; however, from 2019 to 2021, imports failed to regain momentum.

In value terms, photographic film imports reached $X in 2021. In general, imports, however, showed a abrupt shrinkage. The pace of growth was the most pronounced in 2018 when imports increased by 15% against the previous year. Imports peaked at $X in 2012; however, from 2013 to 2021, imports stood at a somewhat lower figure.

Imports by Country

Taiwan (Chinese) (X square meters), China (X square meters) and Malaysia (X square meters) were the main suppliers of photographic film imports to Thailand, together accounting for 83% of total imports. These countries were followed by Japan, South Korea, the United States and the UK, which together accounted for a further 16%.

From 2012 to 2021, the biggest increases were recorded for South Korea (with a CAGR of +37.6%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest photographic film suppliers to Thailand were China ($X), Taiwan (Chinese) ($X) and Japan ($X), with a combined 73% share of total imports.

Taiwan (Chinese), with a CAGR of +10.4%, saw the highest growth rate of the value of imports, among the main suppliers 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, falling by -9.8% against the previous year. In general, the import price continues to indicate a abrupt curtailment. The most prominent rate of growth was recorded in 2019 when the average import price increased by 36% against the previous year. Over the period under review, average import prices reached the maximum at $X per square meter in 2012; however, from 2013 to 2021, import prices remained at a lower figure.

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 the UK (-2.4%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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