Price for Cameras, Photographic (Excluding Cinematographic); Instant Print Cameras in South Korea - 2022

Contents:

  1. Price for Cameras, Photographic (Excluding Cinematographic); Instant Print Cameras in South Korea (CIF) - 2022
  2. Price for Cameras, Photographic (Excluding Cinematographic); Instant Print Cameras in South Korea (FOB) - 2022
  3. Imports of Cameras, Photographic (Excluding Cinematographic); Instant Print Cameras in South Korea
  4. Exports of Cameras, Photographic (Excluding Cinematographic); Instant Print Cameras in South Korea

Price for Cameras, Photographic (Excluding Cinematographic); Instant Print Cameras in South Korea (CIF) - 2022

In 2022, the average import price for cameras, photographic (excluding cinematographic); instant print camerases amounted to $48 per unit, reducing by -10.4% against the previous year. In general, the import price continues to indicate a slight contraction. The most prominent rate of growth was recorded in 2018 an increase of 18% against the previous year. Over the period under review, average import prices hit record highs at $56 per unit in 2019; however, from 2020 to 2022, import prices remained at a lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the Philippines ($48 per unit), while the price for Thailand ($48 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Thailand (+1.4%), while the prices for the other major suppliers experienced mixed trend patterns.

Price for Cameras, Photographic (Excluding Cinematographic); Instant Print Cameras in South Korea (FOB) - 2022

The average export price for cameras, photographic (excluding cinematographic); instant print camerases stood at $60 per unit in 2022, growing by 6.7% against the previous year. Overall, the export price, however, showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 an increase of 20%. Over the period under review, the average export prices hit record highs at $63 per unit in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

Average prices varied noticeably for the major foreign markets. In 2022, amid the top suppliers, the highest price was recorded for prices to Australia ($60 per unit) and Vietnam ($60 per unit), while the average price for exports to the United States ($59 per unit) and Malaysia ($60 per unit) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Malaysia (+4.1%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Cameras, Photographic (Excluding Cinematographic); Instant Print Cameras in South Korea

For the fourth consecutive year, South Korea recorded growth in purchases abroad of cameras, photographic (excluding cinematographic); instant print camerases, which increased by 21% to 312K units in 2022. Overall, imports showed a significant expansion. The growth pace was the most rapid in 2021 with an increase of 120%. Over the period under review, imports of reached the peak figure in 2022 and are expected to retain growth in the immediate term.

In value terms, imports of cameras, photographic (excluding cinematographic); instant print camerases rose notably to $15M in 2022. In general, imports continue to indicate significant growth. The most prominent rate of growth was recorded in 2021 with an increase of 110% against the previous year. Over the period under review, imports of reached the maximum in 2022 and are expected to retain growth in the near future.

Import of Cameras, Photographic (Excluding Cinematographic); Instant Print Cameras in South Korea (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China3.73.58.68.330.9%
ThailandN/A2.53.64.838.6%
Philippines0.40.30.71.140.1%
Indonesia0.70.10.2N/A-46.5%
Others0.10.10.60.571.0%
Total4.96.513.614.844.6%

Top Suppliers of Cameras, Photographic (Excluding Cinematographic); Instant Print Cameras to South Korea in 2022:

  1. China (175.2K units)
  2. Thailand (101.8K units)
  3. Philippines (23.4K units)

Exports of Cameras, Photographic (Excluding Cinematographic); Instant Print Cameras in South Korea

In 2022, exports of cameras, photographic (excluding cinematographic); instant print camerases from South Korea soared to 15K units, increasing by 123% on the year before. Over the period under review, exports recorded significant growth. The pace of growth was the most pronounced in 2021 with an increase of 450% against the previous year. Over the period under review, the exports of hit record highs in 2022 and are expected to retain growth in the immediate term.

In value terms, exports of cameras, photographic (excluding cinematographic); instant print camerases surged to $915K in 2022. Overall, exports recorded significant growth. The most prominent rate of growth was recorded in 2021 when exports increased by 559% against the previous year. Over the period under review, the exports of hit record highs in 2022 and are expected to retain growth in the near future.

Export of Cameras, Photographic (Excluding Cinematographic); Instant Print Cameras in South Korea (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Japan20.95.066.1382163.4%
Vietnam47.115.634.525274.9%
Singapore0.70.10.5106433.0%
MalaysiaN/AN/A0.674.812366.7%
AustraliaN/AN/A69.369.30.0%
New ZealandN/AN/A44.49.4-78.8%
United States0.634.81442.765.1%
Hong Kong SAR43.3N/AN/AN/A0%
Indonesia67.4N/AN/AN/A0%
Others12.62.724.519.315.3%
Total19358.338491568.0%

Top Export Markets for Cameras, Photographic (Excluding Cinematographic); Instant Print Cameras from South Korea in 2022:

  1. Japan (6.4K units)
  2. Vietnam (4.2K units)
  3. Singapore (1.8K units)
  4. Malaysia (1.3K units)
  5. Australia (1.2K units)
  6. New Zealand (0.2K units)

Source: IndexBox Market Intelligence Platform

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