Price for Cameras, Photographic (Excluding Cinematographic); Parts and Accessories in Japan - 2023
Contents:
- Price for Cameras, Photographic (Excluding Cinematographic); Parts and Accessories in Japan (FOB) - 2022
- Price for Cameras, Photographic (Excluding Cinematographic); Parts and Accessories in Japan (CIF) - 2023
- Exports of Cameras, Photographic (Excluding Cinematographic); Parts and Accessories in Japan
- Imports of Cameras, Photographic (Excluding Cinematographic); Parts and Accessories in Japan
Price for Cameras, Photographic (Excluding Cinematographic); Parts and Accessories in Japan (FOB) - 2022
In 2022, the average export price for cameras, photographic (excluding cinematographic); parts and accessorieses amounted to $23 per unit, picking up by 9.1% against the previous year. Over the period under review, the export price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2019 an increase of 57% against the previous year. Over the period under review, the average export prices attained the maximum in 2022 and is likely to see gradual growth in years to come.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Vietnam ($47 per unit), while the average price for exports to Thailand ($5 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Vietnam (+12.8%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Cameras, Photographic (Excluding Cinematographic); Parts and Accessories in Japan (CIF) - 2023
In November 2023, the average import price for cameras, photographic (excluding cinematographic); parts and accessorieses amounted to $13.7 per unit, declining by -31.2% against the previous month. Over the period under review, the import price saw a perceptible descent. The most prominent rate of growth was recorded in March 2023 an increase of 47% against the previous month. Over the period under review, average import prices hit record highs at $28.4 per unit in May 2023; however, from June 2023 to November 2023, import prices failed to regain momentum.
There were significant differences in the average prices amongst the major supplying countries. In November 2023, the country with the highest price was South Korea ($44.9 per unit), while the price for Costa Rica ($1.6 per unit) was amongst the lowest.
From November 2022 to November 2023, the most notable rate of growth in terms of prices was attained by South Korea (+11.5%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Cameras, Photographic (Excluding Cinematographic); Parts and Accessories in Japan
In 2022, exports of cameras, photographic (excluding cinematographic); parts and accessorieses from Japan surged to 1.6M units, jumping by 18% against the previous year's figure. Overall, total exports indicated buoyant growth from 2019 to 2022: its volume increased at an average annual rate of +14.3% 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 +52.7% against 2020 indices. The pace of growth appeared the most rapid in 2021 with an increase of 30% against the previous year. The exports peaked in 2022 and are likely to continue growth in the near future.
In value terms, exports of cameras, photographic (excluding cinematographic); parts and accessorieses surged to $37M in 2022. Over the period under review, exports saw significant growth. The growth pace was the most rapid in 2021 when exports increased by 53% against the previous year. Over the period under review, the exports of attained the maximum in 2022 and are expected to retain growth in the near future.
Export of Cameras, Photographic (Excluding Cinematographic); Parts and Accessories in Japan (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 4.9 | 4.4 | 11.2 | 17.9 | 54.0% |
Taiwan (Chinese) | 0.1 | N/A | 0.2 | 5.3 | 275.6% |
Philippines | 0.7 | 1.0 | 0.9 | 3.1 | 64.2% |
Thailand | 3.0 | 6.5 | 5.0 | 2.9 | -1.1% |
Vietnam | 3.9 | 3.0 | 3.6 | 1.7 | -24.2% |
United States | 0.8 | 0.7 | 0.8 | 1.3 | 17.6% |
Malaysia | 0.4 | 0.4 | 1.0 | 0.8 | 26.0% |
Hong Kong SAR | 1.7 | 0.7 | 2.0 | 0.5 | -33.5% |
Others | 3.6 | 2.1 | 4.0 | 3.3 | -2.9% |
Total | 19.0 | 18.8 | 28.7 | 36.8 | 24.7% |
Top Export Markets for Cameras, Photographic (Excluding Cinematographic); Parts and Accessories from Japan in 2022:
- Thailand (590.8K units)
- China (526.3K units)
- Taiwan (Chinese) (182.9K units)
- Philippines (82.3K units)
- Malaysia (79.5K units)
- United States (49.6K units)
- Vietnam (35.0K units)
- Hong Kong SAR (19.3K units)
Imports of Cameras, Photographic (Excluding Cinematographic); Parts and Accessories in Japan
In 2022, purchases abroad of cameras, photographic (excluding cinematographic); parts and accessorieses decreased by -32.2% to 689K units for the first time since 2018, thus ending a three-year rising trend. Over the period under review, imports continue to indicate a pronounced slump. The pace of growth appeared the most rapid in 2020 with an increase of 23% against the previous year. Imports peaked at 1M units in 2021, and then dropped markedly in the following year.
In value terms, imports of cameras, photographic (excluding cinematographic); parts and accessorieses contracted significantly to $11M in 2022. Overall, imports recorded a pronounced reduction. The growth pace was the most rapid in 2020 when imports increased by 16% against the previous year. Over the period under review, imports of attained the peak figure at $15M in 2021, and then contracted notably in the following year.
Import of Cameras, Photographic (Excluding Cinematographic); Parts and Accessories in Japan (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 5.8 | 9.7 | 9.8 | 6.0 | 1.1% |
Italy | 1.0 | 0.8 | 1.0 | 0.8 | -7.2% |
Thailand | 0.5 | 0.2 | 0.5 | 0.8 | 17.0% |
Taiwan (Chinese) | 0.5 | 0.6 | 0.6 | 0.6 | 6.3% |
United States | 0.9 | 0.6 | 0.8 | 0.5 | -17.8% |
South Korea | 1.0 | 0.3 | 0.4 | 0.4 | -26.3% |
Myanmar | N/A | N/A | 0.2 | 0.2 | 0.0% |
Philippines | 0.3 | 0.1 | 0.2 | 0.2 | -12.6% |
Others | 2.0 | 1.7 | 1.8 | 1.3 | -13.4% |
Total | 12.0 | 14.0 | 15.3 | 10.8 | -3.5% |
Top Suppliers of Cameras, Photographic (Excluding Cinematographic); Parts and Accessories to Japan in 2022:
- China (385.5K units)
- Italy (91.5K units)
- Thailand (78.4K units)
- Taiwan (Chinese) (49.5K units)
- Myanmar (19.8K units)
- South Korea (12.9K units)
- United States (12.6K units)
- Philippines (7.0K units)
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