The import of cameras for 35mm roll film (except single lens reflex) to China is on a declining trajectory from 2024 to 2028, with the forecasted values showing a consistent decrease. In 2023, the actual import stood at an undisclosed baseline value, serving as the starting point for the forecasted decline.
Year-on-year forecast indicates a steady reduction in import values. The decrease from 2024 to 2025 is around 9.6%, followed by a similar trend of a little over 10% through to 2028. Over the five-year period from 2024 to 2028, the compound annual growth rate (CAGR) reflects a persistent downturn averaging just over 11% annually.
Future trends to monitor include:
- Changing consumer preferences towards digital photography and cameras.
- The impact of technological advancements on traditional film camera demand.
- Economic factors affecting import dynamics and market shifts to emerging camera technologies.