Japanese Camera Price up 30% after Quake

Published on May 25, 2011 by connie | This story has been viewed 1,092 views

The price of high-end digital cameras produced in Japan fluctuated obviously in May after the earthquake and Tsunami in March this year. Through investigation on Shenzhen’s digital markets, it’s found that the supply of high-end digital cameras produced in Japan was short and accordingly the price increased a lot with a rate of up to 30%.

“I would like to buy a top grade single-reflection camera of Canon. It’s unexpected that the price has increased to 16500 Yuan now from 14900 Yuan only a few months before,” an amateur photographer identified as Sui said. “I should have bought it earlier.”

It’s found that price of Japanese medium and high-end cameras on Shenzhen market generally advanced and some have been short of supply, which indicate the supply shortage brought by the reduced production has been gradually unfolded.

After the earthquake and tsunami in March, some camera factories had stopped producing. Although recovery has been made through efforts, some factories said they could not meet the market requirements of the products due to the purchase of parts and the planned cut of electricity.

Compared with medium and low-end cameras, the high-end digital single-reflection cameras was seriously affected mainly due to the low production volume, professional parts and high production cost of the high-end machines. Therefore, consumers attending to buy have better wait for a few months after the factories enter into stable production and market supply stabilize.

Shenzhen Post Elaine Contributes to the Story.

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