Overview of the Global Market for Television, Video and Digital Cameras

Market Size for Television, Video and Digital Cameras

In 2022, the global market for television, video and digital cameras decreased by -0.4% to $X, falling for the fourth year in a row after two years of growth. In general, consumption, however, recorded a perceptible contraction. Global 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 value terms, television, video and digital camera production expanded modestly to $X in 2022 estimated in export price. Over the period under review, production, however, showed a perceptible decrease. The pace of growth was the most pronounced in 2018 with an increase of 52% against the previous year. Over the period under review, global production attained the peak level at $X in 2012; however, from 2013 to 2022, production stood at a somewhat lower figure.

Exports of Television, Video and Digital Cameras

Exports

In 2022, overseas shipments of television, video and digital cameras decreased by -6.7% to X units for the first time since 2019, thus ending a two-year rising trend. Overall, exports recorded a pronounced descent. The most prominent rate of growth was recorded in 2018 when exports increased by 36% against the previous year. The global exports peaked at X units in 2013; however, from 2014 to 2022, the exports remained at a lower figure.

In value terms, television, video and digital camera exports contracted to $X in 2022. In general, exports continue to indicate a noticeable contraction. The pace of growth appeared the most rapid in 2018 with an increase of 15% against the previous year. The global exports peaked at $X in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

Exports by Country

In 2022, China (X units) was the major exporter of television, video and digital cameras, making up 64% of total exports. Vietnam (X units) ranks second in terms of the total exports with a 16% share, followed by Hong Kong SAR (5.2%). The following exporters - Germany (X units), the Netherlands (X units) and Taiwan (Chinese) (X units) - each reached a 5.4% share of total exports.

From 2012 to 2022, average annual rates of growth with regard to television, video and digital camera exports from China stood at -4.6%. At the same time, Vietnam (+56.8%) and Germany (+2.7%) displayed positive paces of growth. Moreover, Vietnam emerged as the fastest-growing exporter exported in the world, with a CAGR of +56.8% from 2012-2022. The Netherlands experienced a relatively flat trend pattern. By contrast, Hong Kong SAR (-2.4%) and Taiwan (Chinese) (-8.6%) illustrated a downward trend over the same period. Vietnam (+15 p.p.) significantly strengthened its position in terms of the global exports, while Taiwan (Chinese) and China saw its share reduced by -1.5% and -14.5% from 2012 to 2022, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, China ($X) remains the largest television, video and digital camera supplier worldwide, comprising 37% of global exports. The second position in the ranking was held by Vietnam ($X), with a 7.3% share of global exports. It was followed by Hong Kong SAR, with a 7.3% share.

From 2012 to 2022, the average annual rate of growth in terms of value in China totaled -1.9%. In the other countries, the average annual rates were as follows: Vietnam (+45.1% per year) and Hong Kong SAR (-3.1% per year).

Export Prices by Country

The average export price for television, video and digital cameras stood at $X per unit in 2022, standing approx. at the previous year. Over the period under review, the export price recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2016 when the average export price increased by 27%. The global export price peaked at $X per unit in 2017; however, from 2018 to 2022, the export prices stood at a somewhat 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 the Netherlands ($X per unit), while Vietnam ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (+6.6%), while the other global leaders experienced more modest paces of growth.

Imports of Television, Video and Digital Cameras

Imports

In 2022, the amount of television, video and digital cameras imported worldwide rose rapidly to X units, surging by 11% compared with the year before. Over the period under review, imports showed a strong expansion. The most prominent rate of growth was recorded in 2019 when imports increased by 40%. Over the period under review, global imports hit record highs in 2022 and are likely to see gradual growth in the immediate term.

In value terms, television, video and digital camera imports reduced to $X in 2022. Overall, imports, however, recorded a pronounced downturn. The pace of growth appeared the most rapid in 2021 with an increase of 9.8% against the previous year. Global imports peaked at $X in 2012; however, from 2013 to 2022, imports failed to regain momentum.

Imports by Country

India prevails in imports structure, resulting at X units, which was near 51% of total imports in 2022. It was distantly followed by the United States (X units), making up a 9.5% share of total imports. Japan (X units), China (X units), Hong Kong SAR (X units), Germany (X units), the Netherlands (X units), Turkey (X units), Argentina (X units) and the UK (X units) followed a long way behind the leaders.

India was also the fastest-growing in terms of the television, video and digital cameras imports, with a CAGR of +42.9% from 2012 to 2022. At the same time, Argentina (+31.8%), Turkey (+19.6%), Japan (+3.1%), China (+2.8%) and the United States (+1.9%) displayed positive paces of growth. The UK and the Netherlands experienced a relatively flat trend pattern. By contrast, Hong Kong SAR (-6.9%) and Germany (-8.5%) illustrated a downward trend over the same period. While the share of India (+48 p.p.) increased significantly in terms of the global imports from 2012-2022, the share of the Netherlands (-1.8 p.p.), the United States (-4.5 p.p.), Germany (-7.8 p.p.) and Hong Kong SAR (-8.3 p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the United States ($X) constitutes the largest market for imported television, video and digital cameras worldwide, comprising 21% of global imports. The second position in the ranking was held by Germany ($X), with a 7.1% share of global imports. It was followed by Japan, with a 6.9% share.

In the United States, television, video and digital camera imports remained relatively stable over the period from 2012-2022. In the other countries, the average annual rates were as follows: Germany (-1.9% per year) and Japan (-1.1% per year).

Import Prices by Country

The average import price for television, video and digital cameras stood at $X per unit in 2022, declining by -14.1% against the previous year. Over the period under review, the import price continues to indicate a deep reduction. The pace of growth was the most pronounced in 2015 an increase of 3.6% against the previous year. Global import price peaked at $X per unit in 2016; however, from 2017 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Germany ($X per unit), while India ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+7.2%), while the other global leaders experienced a decline in the import price figures.

Source: IndexBox Platform

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