In this spring, both Nikon and Canon made vague statements about the price increase in the US due to tariffs. Nikon gave the date 23 June for growthHowever, it did not provide any nuances. Canon just said that this Prices will increaseNo date or amount is specified. Companies have now followed the statements in which by June 23 with pricing some Nikon and canon cameras and lenses.
We saw the prices on Nikon and Canon websites, and compared those numbers with information about the launch pricing with price tracking data on Amazon via Camelcamelcamel and Keepa. Of course, pricing data from Amazon can be difficult. Despite this, pricing history illustrations usually show a clear price spike for some canon and nicon gear.
While the exact difference depends on each piece of gear, the average price growth for nicon cameras and lens is 10.05%. It aligns with current 10% baseline tariffs on all countries. Sigma too Its prices increased by 10% On 2 June. Not every piece of gear is affected, at least at this point. It can change that currently sells stock in the US, but it is not clear what will happen.
A screenshot of canon EOS R3 pricing history shows a standing value jump on 23 June through the canon EOS R3 at Amazon via. R3 is the most dramatic example of pricing. |
The value of the canon ranges from $ 100 to $ 500. This is equal to an average percentage increase of 9.7%. Then, it corresponds to the base tariff rate. There are outlairs like R3, which jumped from $ 3999 to $ 5399 on Amazon and B&H. However, it was most often selling for $ 4999, very little significant growth. Also, the new price is still cheaper than $ 5999 launch price.
Making cases more complex is the fact that the 90-day stagnation on full tariff is scheduled to end on 9 July. Talks continue, but Latest report Show that the US may face 24% tariffs from Japan, 37% from Thailand, 46% from Vietnam and 20% from Europe. The situation with China is slightly different, the complete tariff was delayed by 12 August. After that time limit, tariffs could jump up to 34%.
Companies are not ready to say whether prices may rise again if tariffs go up on 9 July. Given that we are looking at the price increase in the US according to the current 10% tariff rate, it seems possible that we can see the additional increase if new deals are not done. Companies may absorb some of the 14 to 36% increase, but it seems unlikely how high the percentage they are. If you are looking to take a new camera, lens or accessory, then it’s probably a good time to do so.