United Kingdom: Cinematographic Camera Market 2024

Cinematographic Camera Market Size in the UK

In 2022, the UK cinematographic camera market increased by 206% to $X, rising for the third year in a row after two years of decline. In general, consumption posted a mild expansion. Cinematographic camera consumption peaked at $X in 2014; however, from 2015 to 2022, consumption remained at a lower figure.

Cinematographic Camera Production in the UK

In value terms, cinematographic camera production fell slightly to $X in 2022 estimated in export price. Overall, production recorded a relatively flat trend pattern. The growth pace was the most rapid in 2014 with an increase of 18% against the previous year. As a result, production reached the peak level of $X. From 2015 to 2022, production growth failed to regain momentum.

Cinematographic Camera Exports

Exports from the UK

In 2022, approx. X units of cinematographic cameras for film were exported from the UK; picking up by 120% against 2021 figures. Over the period under review, exports enjoyed a strong expansion. The pace of growth appeared the most rapid in 2014 when exports increased by 284%. Over the period under review, the exports reached the peak figure in 2022 and are expected to retain growth in the near future.

In value terms, cinematographic camera exports surged to $X in 2022. Overall, exports showed a buoyant expansion. The pace of growth appeared the most rapid in 2014 with an increase of 245% against the previous year. As a result, the exports attained the peak of $X. From 2015 to 2022, the growth of the exports remained at a lower figure.

Exports by Country

Italy (X units), Ireland (X units) and the United States (X units) were the main destinations of cinematographic camera exports from the UK, together comprising 80% of total exports.

From 2012 to 2022, the biggest increases were recorded for Italy (with a CAGR of +114.4%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for cinematographic camera exported from the UK were the United States ($X), Italy ($X) and Ireland ($X), with a combined 47% share of total exports. Denmark, Germany, Spain, Hong Kong SAR, France and the United Arab Emirates lagged somewhat behind, together accounting for a further 20%.

In terms of the main countries of destination, Spain, with a CAGR of +86.3%, saw the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average cinematographic camera export price stood at $X per unit in 2022, reducing by -39.7% against the previous year. Overall, the export price saw a abrupt downturn. The most prominent rate of growth was recorded in 2017 when the average export price increased by 77%. Over the period under review, the average export prices hit record highs at $X per unit in 2013; however, from 2014 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was the United Arab Emirates ($X per unit), while the average price for exports to Italy ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the United States (+12.6%), while the prices for the other major destinations experienced more modest paces of growth.

Cinematographic Camera Imports

Imports into the UK

In 2022, purchases abroad of cinematographic cameras for film increased by 154% to X units, rising for the second consecutive year after three years of decline. Overall, imports recorded strong growth. Over the period under review, imports reached the peak figure at X units in 2014; however, from 2015 to 2022, imports remained at a lower figure.

In value terms, cinematographic camera imports soared to $X in 2022. In general, imports recorded a prominent increase. Imports peaked at $X in 2014; however, from 2015 to 2022, imports failed to regain momentum.

Imports by Country

In 2022, Spain (X units) constituted the largest cinematographic camera supplier to the UK, with a 51% share of total imports. Moreover, cinematographic camera imports from Spain exceeded the figures recorded by the second-largest supplier, Denmark (X units), fivefold. The third position in this ranking was held by Germany (X units), with a 7.8% share.

From 2012 to 2022, the average annual growth rate of volume from Spain stood at +110.3%. The remaining supplying countries recorded the following average annual rates of imports growth: Denmark (+55.8% per year) and Germany (-0.1% per year).

In value terms, the largest cinematographic camera suppliers to the UK were the United States ($X), Canada ($X) and Denmark ($X), together comprising 45% of total imports. Spain, Germany, China, the Netherlands, France and Belgium lagged somewhat behind, together accounting for a further 24%.

In terms of the main suppliers, Spain, with a CAGR of +91.7%, recorded 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 average cinematographic camera import price amounted to $X per unit, growing by 100% against the previous year. Over the period under review, the import price recorded tangible growth. The pace of growth appeared the most rapid in 2019 when the average import price increased by 171% against the previous year. As a result, import price attained the peak level of $X per unit. From 2020 to 2022, the average import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was France ($X per unit), while the price for Spain ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Belgium (+32.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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