Friday 4 February 2022

Canon and Nikon Raise Prices in Response to Supply Chain Issues

The post Canon and Nikon Raise Prices in Response to Supply Chain Issues appeared first on Digital Photography School. It was authored by Jaymes Dempsey.

camera manufacturers raise prices

Thinking about buying Canon or Nikon equipment? You’d better get a move on.

Eleven of Canon’s lenses – a mix of RF-mount models and popular EF-mount models – have experienced a USA price hike, according to Canon Rumors. Increases averaged to around $200 (see the Canon RF 24-105mm f/4L IS USM and the EF 70-200mm f/4L IS II USM), though the Canon EF 200-400mm f/4L IS USM shot up by $1000 (less surprising, perhaps, when you consider the initial $10,000+ price tag).

And while Nikon USA has not announced any price increases, Nikon’s Northern Europe branch does plan to boost prices “on all Imaging cameras and lenses” with the exception of the Nikon Z9.

In a letter posted by Nikon Rumors, the company explains that “following a period of severe disruption in global supply chains, [they] have experienced continued cost increases to component parts and logistics charges…[T]o maintain production on these lines moving forward, [they] are regrettably having to increase prices.”

Supply chain problems have plagued camera manufacturers for months, so these price jumps, while frustrating, shouldn’t come as a shock. At present, the increases are confined to certain geographical areas – but it may be just a matter of time before they become global.

Fortunately, Nikon’s price increase won’t begin until February 21st, so you do have time to place an order before the change. The rollout is complex, however, and you may still get stuck with the new prices (see Nikon’s letter for details).

As for Canon: While the hike is already in effect, a handful of targeted lenses remain available at their old prices. A quick look on Amazon reveals that (at the time of writing), the Canon RF 70-200mm f/4L IS USM is still available for its $1599 price and the EF 16-35mm f/4L IS USM is $1099, at least for a few more hours.

So if you want a shot at buying Canon or Nikon equipment at pre-increase prices, then you’ll need to act fast. Head over to Amazon and take a peek.

Now over to you:

What do you think of the new price increases? Do you plan to purchase any gear before you get hit? Share your thoughts in the comments below!

The post Canon and Nikon Raise Prices in Response to Supply Chain Issues appeared first on Digital Photography School. It was authored by Jaymes Dempsey.



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