Price for Cameras, Photographic (Excluding Cinematographic); Parts and Accessories in Singapore - 2023
Contents:
- Price for Cameras, Photographic (Excluding Cinematographic); Parts and Accessories in Singapore (FOB) - 2022
- Price for Cameras, Photographic (Excluding Cinematographic); Parts and Accessories in Singapore (CIF) - 2022
- Exports of Cameras, Photographic (Excluding Cinematographic); Parts and Accessories in Singapore
- Imports of Cameras, Photographic (Excluding Cinematographic); Parts and Accessories in Singapore
Price for Cameras, Photographic (Excluding Cinematographic); Parts and Accessories in Singapore (FOB) - 2022
The average export price for cameras, photographic (excluding cinematographic); parts and accessorieses stood at $29 per unit in 2022, growing by 3.5% against the previous year. Over the period under review, the export price saw a prominent expansion. The most prominent rate of growth was recorded in 2021 when the average export price increased by 40%. Over the period under review, the average export prices hit record highs in 2022 and is expected to retain growth in the near future.
There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Hong Kong SAR ($131 per unit), while the average price for exports to Georgia ($1.2 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 (+40.7%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Cameras, Photographic (Excluding Cinematographic); Parts and Accessories in Singapore (CIF) - 2022
In 2022, the average import price for cameras, photographic (excluding cinematographic); parts and accessorieses amounted to $28 per unit, with an increase of 30% against the previous year. Over the period under review, the import price showed resilient growth. As a result, import price attained the peak level and is likely to continue growth in the immediate term.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Japan ($98 per unit), while the price for China ($16 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (+29.6%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Cameras, Photographic (Excluding Cinematographic); Parts and Accessories in Singapore
In 2022, exports of cameras, photographic (excluding cinematographic); parts and accessorieses from Singapore fell rapidly to 2.4M units, waning by -30.6% against the previous year. Over the period under review, exports faced a dramatic slump. The smallest decline of -14.1% was in 2021. The exports peaked at 4.8M units in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.
In value terms, exports of cameras, photographic (excluding cinematographic); parts and accessorieses shrank significantly to $67M in 2022. In general, exports saw a abrupt slump. The pace of growth was the most pronounced in 2021 when exports increased by 20%. Over the period under review, the exports of reached the maximum at $98M in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.
| Export of Cameras, Photographic (Excluding Cinematographic); Parts and Accessories in Singapore (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Hong Kong SAR | 30.4 | 25.7 | 38.7 | 18.1 | -15.9% |
| Japan | 3.4 | 1.7 | 6.1 | 7.3 | 29.0% |
| Indonesia | 10.8 | 6.9 | 3.1 | 5.8 | -18.7% |
| Malaysia | 3.7 | 3.3 | 5.0 | 5.7 | 15.5% |
| Taiwan (Chinese) | 2.8 | 4.1 | 7.8 | 4.5 | 17.1% |
| India | 12.3 | 3.7 | 3.5 | 3.6 | -33.6% |
| Thailand | 6.9 | 9.0 | 7.0 | 3.6 | -19.5% |
| United States | 2.5 | 3.3 | 4.5 | 2.8 | 3.8% |
| Cambodia | 6.3 | 5.4 | 1.8 | 2.3 | -28.5% |
| Vietnam | 1.0 | 1.3 | 0.6 | 1.4 | 11.9% |
| Israel | 0.5 | 0.2 | 0.1 | 0.7 | 11.9% |
| Sri Lanka | 0.4 | 0.2 | 0.5 | 0.7 | 20.5% |
| Philippines | 1.6 | 1.2 | 0.3 | 0.3 | -42.8% |
| Others | 15.5 | 11.9 | 15.1 | 10.7 | -11.6% |
| Total | 97.9 | 78.0 | 94.0 | 67.5 | -11.7% |
Top Export Markets for Cameras, Photographic (Excluding Cinematographic); Parts and Accessories from Singapore in 2022:
- Malaysia (735.2K units)
- Thailand (250.3K units)
- United States (195.5K units)
- Cambodia (155.5K units)
- India (148.7K units)
- Hong Kong SAR (137.9K units)
- Indonesia (133.8K units)
- Japan (113.1K units)
- Israel (62.4K units)
- Sri Lanka (51.1K units)
- Vietnam (33.9K units)
- Philippines (26.7K units)
- Taiwan (Chinese) (24.0K units)
Imports of Cameras, Photographic (Excluding Cinematographic); Parts and Accessories in Singapore
In 2022, the amount of cameras, photographic (excluding cinematographic); parts and accessorieses imported into Singapore skyrocketed to 1.9M units, picking up by 39% compared with the previous year. Overall, imports, however, saw a deep contraction. Imports peaked at 2.4M units in 2019; however, from 2020 to 2022, imports failed to regain momentum.
In value terms, imports of cameras, photographic (excluding cinematographic); parts and accessorieses surged to $54M in 2022. In general, imports posted buoyant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Cameras, Photographic (Excluding Cinematographic); Parts and Accessories in Singapore (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 17.1 | 7.1 | 5.6 | 20.7 | 6.6% |
| Thailand | 4.1 | 1.9 | 9.7 | 13.1 | 47.3% |
| Japan | 7.8 | 6.6 | 3.9 | 6.5 | -5.9% |
| Italy | 0.9 | 0.6 | 0.9 | 2.0 | 30.5% |
| Vietnam | 1.0 | 0.6 | 1.1 | 1.7 | 19.3% |
| United States | 2.1 | 1.4 | 1.1 | 1.3 | -14.8% |
| Hong Kong SAR | 1.7 | 1.2 | 1.4 | 1.2 | -11.0% |
| Malaysia | 1.3 | 0.8 | 0.8 | 0.9 | -11.5% |
| Taiwan (Chinese) | 1.1 | 0.7 | 0.8 | 0.8 | -10.1% |
| Others | 4.8 | 3.7 | 4.4 | 5.7 | 5.9% |
| Total | 41.9 | 24.7 | 29.7 | 53.9 | 8.8% |
Top Suppliers of Cameras, Photographic (Excluding Cinematographic); Parts and Accessories to Singapore in 2022:
- China (1284.0K units)
- Thailand (184.3K units)
- Italy (75.0K units)
- Vietnam (67.3K units)
- Japan (66.3K units)
- United States (57.3K units)
- Malaysia (29.3K units)
- Hong Kong SAR (28.6K units)
- Taiwan (Chinese) (19.1K units)
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