Price for Cameras, Photographic (Excluding Cinematographic); Instant Print Cameras in Latvia - 2023

Contents:

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

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

The average import price for cameras, photographic (excluding cinematographic); instant print camerases stood at $82 per unit in 2022, picking up by 16% against the previous year. Over the period under review, the import price, however, showed a drastic downturn. The pace of growth appeared the most rapid in 2017 when the average import price increased by 23%. The import price peaked at $240 per unit in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Poland ($120 per unit), while the price for Estonia ($63 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Estonia (+3.2%), while the prices for the other major suppliers experienced a decline.

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

In 2022, the average export price for cameras, photographic (excluding cinematographic); instant print camerases amounted to $67 per unit, falling by -7.6% against the previous year. In general, the export price showed a deep setback. The growth pace was the most rapid in 2016 when the average export price increased by 30% against the previous year. Over the period under review, the average export prices reached the peak figure at $353 per unit in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Estonia ($72 per unit), while the average price for exports to Peru ($35 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 Hong Kong SAR (+0.5%), while the prices for the other major destinations experienced mixed trend patterns.

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

In 2022, imports of cameras, photographic (excluding cinematographic); instant print camerases into Latvia contracted to 3.5K units, shrinking by -7.3% on the previous year's figure. Overall, total imports indicated a buoyant expansion from 2019 to 2022: its volume increased at an average annual rate of +6.6% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +50.0% against 2020 indices. The pace of growth appeared the most rapid in 2021 when imports increased by 62% against the previous year. As a result, imports reached the peak of 3.8K units, and then fell in the following year.

In value terms, imports of cameras, photographic (excluding cinematographic); instant print camerases rose sharply to $287K in 2022. In general, imports, however, showed resilient growth. The pace of growth was the most pronounced in 2021 when imports increased by 90%. Imports peaked in 2022 and are likely to see gradual growth in years to come.

Import of Cameras, Photographic (Excluding Cinematographic); Instant Print Cameras in Latvia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Lithuania1481052311918.9%
Sweden25.018.716.844.421.1%
Poland4.55.95.720.365.2%
Estonia1.93.44.45.744.2%
Others17.07.09.125.314.2%
Total19614026728713.6%

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

  1. Lithuania (2447.0 units)
  2. Sweden (666.0 units)
  3. Poland (169.0 units)
  4. Estonia (91.0 units)

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

In 2022, the amount of cameras, photographic (excluding cinematographic); instant print camerases exported from Latvia contracted to 1.3K units, dropping by -5.3% on 2021 figures. Over the period under review, exports, however, recorded a moderate increase. The growth pace was the most rapid in 2021 when exports increased by 111%. As a result, the exports attained the peak of 1.4K units, and then contracted in the following year.

In value terms, exports of cameras, photographic (excluding cinematographic); instant print camerases dropped to $87K in 2022. In general, exports, however, continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 with an increase of 106%. As a result, the exports reached the peak of $100K, and then declined in the following year.

Export of Cameras, Photographic (Excluding Cinematographic); Instant Print Cameras in Latvia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Lithuania53.523.038.733.2-14.7%
GreeceN/AN/A23.821.2-10.9%
Estonia23.424.223.019.4-6.1%
Poland1.50.85.56.663.9%
MaltaN/AN/A6.83.8-44.1%
PeruN/AN/AN/A0.90%
Others8.30.62.22.4-33.9%
Total86.848.599.987.40.2%

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

  1. Lithuania (474.0 units)
  2. Greece (350.0 units)
  3. Estonia (271.0 units)
  4. Poland (103.0 units)
  5. Malta (62.0 units)
  6. Peru (26.0 units)

Source: IndexBox Market Intelligence Platform

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