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August 2021 CIPA knowledge: Demand is (principally) regular, however manufacturing seems affected by world chip scarcity: Digital Pictures Assessment

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The Digital camera and Imaging Merchandise Affiliation (CIPA) has revealed its August 2021 manufacturing and cargo knowledge for digital nonetheless cameras, revealing shipments have been regular throughout the board year-over-year (YoY) in August, whereas manufacturing barely decreased YoY in August, possible as a result of ongoing world chip scarcity.
In keeping with CIPA’s August 2021 knowledge, 233,028 digital nonetheless digital camera items have been produced and 249,804 items shipped worldwide, a lower of 4.3% and 20.8%, respectively, in comparison with August 2020. Regardless of the lower in each items produced and shipped, the worth of the items shipped elevated 15.1% YoY

This chart from CIPA exhibits complete digital stills digital camera shipments in 2019 (purple, circles), 2020 (black, triangles) and 2021 (orange, squares). These numbers embody compact cameras with built-in lenses, DSLR cameras and mirrorless cameras. Click on to enlarge.

If we exclude cameras with built-in lenses and dive into interchangeable lens cameras, CIPA’s knowledge reveals August 2021 noticed 379,613 items produced and 404,942 items shipped globally, a lower of 15.3% and improve of 1.7%, respectively, in comparison with August 2020. As has been the development over the previous yr or two, DSLR cameras accounted for a majority of the lower in each items produced and items shipped.

This chart from CIPA exhibits complete shipments for cameras with interchangeable lenses in 2019 (purple, circles), 2020 (black, triangles) and 2021 (orange, squares). Click on to enlarge.

DSLR digital camera manufacturing was down 20.7% and DSLR digital camera shipments have been down 11.9% in comparison with August 2020. The worth of the DSLR items produced and shipped have been down 30% and up 3.5%, respectively, YoY for August—an intriguing disparity suggesting it was principally low-to-mid-range fashions produced and mid-to-high-end fashions shipped in August 2021. Mirrorless cameras noticed manufacturing lower 11.4% YoY and shipments improve 12.3% YoY. The worth of mirrorless digital camera items produced decreased solely 5.4% whereas the worth of items shipped elevated 24.8%.

CIPA’s full June 2021 breakdown, which exhibits manufacturing and cargo knowledge from January, February, March, April, Could, June, July and August 2021 by digital camera sort and area. Click on to enlarge.

Of all the information, what stands out essentially the most is the variety of items produced—or, extra precisely, the shortage of items produced. Traditionally, digital camera manufacturing begins to extend fairly dramatically in August, main as much as the vacation season. For instance, in August 2020, the variety of interchangeable lens digital camera items produced elevated 88% in comparison with July 2020 and elevated one other 39.4% from August to September. That improve merely isn’t occurring in 2021, regardless of it showing as if shipments are pretty regular year-over-year.
This strongly suggests the worldwide chip scarcity is closely impacting digital camera manufacturing, which could make it tough to get your arms on digital camera items as we get nearer to the vacation season. We’ll have to attend till CIPA releases its September numbers to see if something adjustments, however because it stands, it seems as if provide, not demand, will probably be a problem main into the 2021 vacation season.
You will discover a full record of firms taking part in CIPA’s knowledge and think about all historic knowledge on CIPA’s web site. You will discover the complete August 2021 dataset right here.

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