Price for Cameras, Photographic (Excluding Cinematographic); Parts and Accessories in Azerbaijan - 2023

Contents:

  1. Price for Cameras, Photographic (Excluding Cinematographic); Parts and Accessories in Azerbaijan (CIF) - 2022
  2. Imports of Cameras, Photographic (Excluding Cinematographic); Parts and Accessories in Azerbaijan

Price for Cameras, Photographic (Excluding Cinematographic); Parts and Accessories in Azerbaijan (CIF) - 2022

The average import price for cameras, photographic (excluding cinematographic); parts and accessorieses stood at $7 per unit in 2022, picking up by 64% against the previous year. Overall, the import price, however, recorded a pronounced decline. The import price peaked at $10 per unit in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Singapore ($34 per unit), while the price for China ($3.7 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Myanmar (+29.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Imports of Cameras, Photographic (Excluding Cinematographic); Parts and Accessories in Azerbaijan

In 2022, after three years of growth, there was significant decline in supplies from abroad of cameras, photographic (excluding cinematographic); parts and accessorieses, when their volume decreased by -54.1% to 8.3K units. Over the period under review, imports saw a deep reduction. The most prominent rate of growth was recorded in 2021 when imports increased by 46% against the previous year. As a result, imports reached the peak of 18K units, and then reduced notably in the following year.

In value terms, imports of cameras, photographic (excluding cinematographic); parts and accessorieses declined significantly to $58K in 2022. In general, total imports indicated a measured increase from 2019 to 2022: its value increased at an average annual rate of +4.9% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2020 when imports increased by 52% against the previous year. Imports peaked at $77K in 2021, and then fell remarkably in the following year.

Import of Cameras, Photographic (Excluding Cinematographic); Parts and Accessories in Azerbaijan (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China19.319.431.522.24.8%
Italy1.513.80.69.786.3%
United Arab Emirates15.24.118.36.2-25.8%
United Kingdom1.63.88.34.035.7%
Turkey0.81.21.01.831.0%
Germany0.11.01.61.6152.0%
Others11.532.515.312.01.4%
Total50.075.776.657.74.9%

Top Suppliers of Cameras, Photographic (Excluding Cinematographic); Parts and Accessories to Azerbaijan in 2022:

  1. China (6.0K units)
  2. Italy (0.9K units)
  3. United Arab Emirates (0.4K units)
  4. Turkey (0.2K units)
  5. Germany (0.2K units)
  6. United Kingdom (0.1K units)

Source: IndexBox Market Intelligence Platform

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