HS Code:
Instant print cameras, classified under HS Code 9006.53, are photographic devices that produce physical prints immediately after capturing an image. These cameras have seen a resurgence in popularity due to their nostalgic appeal and the growing demand for tangible, instant photo outputs in an increasingly digital world. They are widely used for personal, recreational, and creative purposes, often appealing to younger demographics and hobbyists. The category includes both analog and hybrid models that combine digital features with instant printing capabilities.
Total Trade Volume
USD 1.2 billion
Data from 2022
Source
United Nations Comtrade Database
USD 450 million
37.5% of total trade of total trade
Increasing
USD 300 million
25.0% of total trade of total trade
Increasing
USD 200 million
16.7% of total trade of total trade
Stable
USD 100 million
8.3% of total trade of total trade
Increasing
USD 80 million
6.7% of total trade of total trade
Stable
Average Rate
5.2%
Highest Rate
12.5% (applied by certain developing countries to protect local industries)
Lowest Rate
0% (under free trade agreements like EU-Japan EPA)
Rising demand for hybrid instant cameras
Increased market share for models combining digital storage with instant printing, appealing to tech-savvy consumers
2021-2022
Growth in youth and influencer-driven markets
Social media platforms like Instagram have fueled demand for instant cameras as a trendy, aesthetic accessory
2020-2022
Sustainability concerns
Manufacturers are focusing on eco-friendly film production and recyclable materials to address environmental regulations and consumer preferences
2022
Leading Japanese manufacturers introduced new hybrid instant cameras with enhanced connectivity features like Bluetooth and app integration for photo editing.
March 2023
Expected to boost market growth by 10-15% in the next fiscal year due to increased consumer interest in versatile devices.
The EU-Japan Economic Partnership Agreement has reduced tariffs on photographic equipment, including instant cameras, to 0% for member countries.
January 2023
Increased export volumes from Japan to EU markets, with a projected rise of 20% in trade volume over the next two years.
The ongoing semiconductor shortage has impacted the production of hybrid instant cameras, leading to delays in product launches and higher retail prices.
October 2022
Reduced supply in key markets by approximately 8%, causing temporary price hikes and potential loss of market share to competitors.