Price for Cameras, Photographic (Excluding Cinematographic); Instant Print Cameras in the Philippines - 2023
Contents:
- Price for Cameras, Photographic (Excluding Cinematographic); Instant Print Cameras in the Philippines (FOB) - 2023
- Price for Cameras, Photographic (Excluding Cinematographic); Instant Print Cameras in the Philippines (CIF) - 2022
- Exports of Cameras, Photographic (Excluding Cinematographic); Instant Print Cameras in the Philippines
- Imports of Cameras, Photographic (Excluding Cinematographic); Instant Print Cameras in the Philippines
Price for Cameras, Photographic (Excluding Cinematographic); Instant Print Cameras in the Philippines (FOB) - 2023
The average export price for cameras, photographic (excluding cinematographic); instant print camerases stood at $13.2 per unit in December 2023, with a decrease of -6.8% against the previous month. In general, the export price saw a noticeable contraction. The pace of growth was the most pronounced in July 2023 an increase of 11% m-o-m. The export price peaked at $19.4 per unit in December 2022; however, from January 2023 to December 2023, the export prices failed to regain momentum.
Average prices varied noticeably for the major export markets. In December 2023, the country with the highest price was India ($13.4 per unit), while the average price for exports to the United States amounted to $13.2 per unit.
From December 2022 to December 2023, the most notable rate of growth in terms of prices was recorded for supplies to China (+0.8%), while the prices for the other major destinations experienced a decline.
Price for Cameras, Photographic (Excluding Cinematographic); Instant Print Cameras in the Philippines (CIF) - 2022
The average import price for cameras, photographic (excluding cinematographic); instant print camerases stood at $80 per unit in 2022, dropping by -44% against the previous year. Overall, the import price showed a slight contraction. The most prominent rate of growth was recorded in 2018 an increase of 72%. The import price peaked at $189 per unit in 2020; however, from 2021 to 2022, import prices stood at a somewhat lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Japan ($230 per unit), while the price for China ($78 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Indonesia (+86.7%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Cameras, Photographic (Excluding Cinematographic); Instant Print Cameras in the Philippines
In 2022, the amount of cameras, photographic (excluding cinematographic); instant print camerases exported from the Philippines amounted to 2.5M units, picking up by 3.7% compared with 2021 figures. In general, exports recorded a strong expansion. The growth pace was the most rapid in 2021 when exports increased by 110%. Over the period under review, the exports of attained the peak figure in 2022 and are likely to see steady growth in the near future.
In value terms, exports of cameras, photographic (excluding cinematographic); instant print camerases expanded rapidly to $38M in 2022. Over the period under review, total exports indicated moderate growth from 2019 to 2022: its value increased at an average annual rate of +4.3% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +105.6% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 90% against the previous year. The exports peaked in 2022 and are expected to retain growth in the immediate term.
| Export of Cameras, Photographic (Excluding Cinematographic); Instant Print Cameras in the Philippines (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 16.6 | 13.8 | 24.4 | 24.2 | 13.4% |
| Canada | 2.0 | 0.4 | 1.8 | 3.2 | 17.0% |
| China | N/A | 0.7 | 1.9 | 2.1 | 73.2% |
| Australia | N/A | N/A | 0.7 | 1.9 | 171.4% |
| Japan | 4.3 | 0.1 | 1.5 | 1.9 | -23.8% |
| United Arab Emirates | 4.6 | 2.3 | 2.7 | 1.5 | -31.2% |
| Netherlands | 5.1 | 0.5 | 0.2 | 0.9 | -43.9% |
| India | 0.6 | 0.1 | 0.9 | 0.6 | 0.0% |
| Others | 0.6 | 0.7 | 1.2 | 2.0 | 49.4% |
| Total | 33.7 | 18.6 | 35.4 | 38.3 | 4.4% |
Top Export Markets for Cameras, Photographic (Excluding Cinematographic); Instant Print Cameras from the Philippines in 2022:
- United States (1641.7K units)
- Canada (198.9K units)
- Japan (151.9K units)
- Australia (127.3K units)
- China (120.2K units)
- India (48.2K units)
- Netherlands (32.2K units)
- United Arab Emirates (31.1K units)
Imports of Cameras, Photographic (Excluding Cinematographic); Instant Print Cameras in the Philippines
In 2022, the amount of cameras, photographic (excluding cinematographic); instant print camerases imported into the Philippines surged to 15K units, growing by 57% against the previous year's figure. Over the period under review, imports showed a noticeable expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, imports of cameras, photographic (excluding cinematographic); instant print camerases contracted to $1.2M in 2022. In general, imports, however, recorded a sharp shrinkage. The pace of growth was the most pronounced in 2021 when imports increased by 11%. Imports peaked at $2.4M in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.
| Import of Cameras, Photographic (Excluding Cinematographic); Instant Print Cameras in the Philippines (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 826 | 129 | 296 | 1,131 | 11.0% |
| Singapore | 85.3 | 88.1 | 70.8 | 37.7 | -23.8% |
| Thailand | 579 | 594 | 442 | 22.6 | -66.1% |
| Japan | 688 | 338 | 450 | 2.1 | -85.5% |
| Others | 209 | 82.4 | 105 | 8.5 | -65.6% |
| Total | 2,387 | 1,232 | 1,364 | 1,202 | -20.4% |
Top Suppliers of Cameras, Photographic (Excluding Cinematographic); Instant Print Cameras to the Philippines in 2022:
- China (14.5K units)
- Thailand (0.2K units)
- Singapore (0.1K units)
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