Price for Cameras, Photographic (Excluding Cinematographic); Parts and Accessories in China - 2024
Contents:
- Price for Cameras, Photographic (Excluding Cinematographic); Parts and Accessories in China (FOB) - 2024
- Price for Cameras, Photographic (Excluding Cinematographic); Parts and Accessories in China (CIF) - 2024
- Exports of Cameras, Photographic (Excluding Cinematographic); Parts and Accessories in China
- Imports of Cameras, Photographic (Excluding Cinematographic); Parts and Accessories in China
Price for Cameras, Photographic (Excluding Cinematographic); Parts and Accessories in China (FOB) - 2024
In December 2023, the average export price for cameras, photographic (excluding cinematographic); parts and accessorieses amounted to $6.0 per unit, rising by 37% against the previous month. Over the period under review, the export price recorded a relatively flat trend pattern. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.
Prices varied noticeably by the country of destination: the country with the highest price was Hong Kong SAR ($10.8 per unit), while the average price for exports to Taiwan (Chinese) ($2.9 per unit) was amongst the lowest.
From February 2023 to December 2023, the most notable rate of growth in terms of prices was recorded for supplies to Malaysia (+5.2%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Cameras, Photographic (Excluding Cinematographic); Parts and Accessories in China (CIF) - 2024
In December 2023, the average import price for cameras, photographic (excluding cinematographic); parts and accessorieses amounted to $24.6 per unit, increasing by 27% against the previous month. Over the period under review, import price indicated a tangible expansion from February 2023 to December 2023: its price increased at an average monthly rate of +3.7% over the last ten months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on December 2023 figures, import price for cameras, photographic (excluding cinematographic); parts and accessorieses increased by +98.7% against May 2023 indices. The most prominent rate of growth was recorded in June 2023 when the average import price increased by 32% m-o-m. Over the period under review, average import prices hit record highs in December 2023.
There were significant differences in the average prices amongst the major supplying countries. In December 2023, the country with the highest price was Thailand ($86.8 per unit), while the price for Vietnam ($4.4 per unit) was amongst the lowest.
From February 2023 to December 2023, the most notable rate of growth in terms of prices was attained by Thailand (+10.0%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Cameras, Photographic (Excluding Cinematographic); Parts and Accessories in China
After three years of growth, overseas shipments of cameras, photographic (excluding cinematographic); parts and accessorieses decreased by -2.4% to 49M units in 2022. Over the period under review, total exports indicated a remarkable increase from 2019 to 2022: its volume increased at an average annual rate of +13.9% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +47.8% against 2019 indices. The most prominent rate of growth was recorded in 2020 when exports increased by 39%. The exports peaked at 51M units in 2021, and then shrank in the following year.
In value terms, exports of cameras, photographic (excluding cinematographic); parts and accessorieses totaled $208M in 2022. In general, total exports indicated a prominent expansion from 2019 to 2022: its value increased at an average annual rate of +18.3% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +65.6% against 2019 indices. The most prominent rate of growth was recorded in 2021 when exports increased by 50%. Over the period under review, the exports of attained the maximum in 2022 and are likely to continue growth in the near future.
| Export of Cameras, Photographic (Excluding Cinematographic); Parts and Accessories in China (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 26.6 | 29.4 | 32.0 | 38.3 | 12.9% |
| Thailand | 9.4 | 18.3 | 19.0 | 20.9 | 30.5% |
| Hong Kong SAR | 28.8 | 17.1 | 53.9 | 19.3 | -12.5% |
| Australia | 1.6 | 2.5 | 4.7 | 15.9 | 115.0% |
| Philippines | 10.1 | 6.1 | 8.9 | 14.2 | 12.0% |
| Malaysia | 1.2 | 2.1 | 8.0 | 13.1 | 121.8% |
| Japan | 6.7 | 9.2 | 13.2 | 12.7 | 23.8% |
| Singapore | 1.5 | 2.7 | 2.4 | 11.9 | 99.4% |
| Germany | 7.0 | 6.2 | 9.3 | 7.4 | 1.9% |
| Taiwan (Chinese) | 2.8 | 2.1 | 3.0 | 5.6 | 26.0% |
| Indonesia | 1.2 | 2.4 | 2.8 | 3.5 | 42.9% |
| Poland | 1.4 | 1.6 | 2.4 | 2.6 | 22.9% |
| Nigeria | 0.3 | 0.7 | 1.1 | 1.5 | 71.0% |
| Others | 27.3 | 34.9 | 42.9 | 41.6 | 15.1% |
| Total | 126 | 135 | 204 | 208 | 18.2% |
Top Export Markets for Cameras, Photographic (Excluding Cinematographic); Parts and Accessories from China in 2022:
- United States (10.4M units)
- Japan (3.5M units)
- Malaysia (3.0M units)
- Australia (2.8M units)
- Singapore (2.7M units)
- Taiwan (Chinese) (2.6M units)
- Hong Kong SAR (2.4M units)
- Germany (1.7M units)
- Philippines (1.5M units)
- Thailand (1.5M units)
- Indonesia (1.4M units)
- Poland (1.3M units)
- Nigeria (1.1M units)
Imports of Cameras, Photographic (Excluding Cinematographic); Parts and Accessories in China
In 2022, supplies from abroad of cameras, photographic (excluding cinematographic); parts and accessorieses decreased by -18.2% to 1.8M units for the first time since 2018, thus ending a three-year rising trend. Overall, imports, however, recorded significant growth. The pace of growth appeared the most rapid in 2020 when imports increased by 163% against the previous year. Imports peaked at 2.2M units in 2021, and then dropped markedly in the following year.
In value terms, imports of cameras, photographic (excluding cinematographic); parts and accessorieses declined to $28M in 2022. In general, total imports indicated a buoyant expansion from 2019 to 2022: its value increased at an average annual rate of +14.7% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +50.9% against 2019 indices. The growth pace was the most rapid in 2020 with an increase of 28% against the previous year. Imports peaked at $29M in 2021, and then declined modestly in the following year.
| Import of Cameras, Photographic (Excluding Cinematographic); Parts and Accessories in China (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Japan | 7.3 | 6.2 | 10.1 | 12.5 | 19.6% |
| Thailand | 2.6 | 3.1 | 3.6 | 3.3 | 8.3% |
| Taiwan (Chinese) | 4.7 | 3.4 | 2.3 | 1.9 | -26.1% |
| Vietnam | 1.8 | 1.3 | 1.4 | 1.0 | -17.8% |
| Italy | 0.8 | 0.3 | 0.5 | 0.5 | -14.5% |
| United States | 0.4 | 0.2 | 0.5 | 0.3 | -9.1% |
| Others | 1.3 | 9.6 | 10.6 | 9.0 | 90.6% |
| Total | 18.8 | 24.1 | 29.0 | 28.4 | 14.7% |
Top Suppliers of Cameras, Photographic (Excluding Cinematographic); Parts and Accessories to China in 2022:
- Japan (465.2K units)
- Vietnam (246.9K units)
- Thailand (121.4K units)
- Italy (103.8K units)
- Taiwan (Chinese) (102.5K units)
- United States (10.2K units)
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