Digital Camera shipments up 93%

According to our analysis of CIPA (Camera & Imaging Products Association) data, camera shipments by CIPA members (the majority of digital camera manufacturers) are up 93% for the period January to May 2003 compared to the same period last year. This is a 45% increase by value. In contrast film camera shipments are down 20%, interchangeable lenses down 11%. The biggest single leap was to Europe which took an amazing 4.5 million units (up 149%). Total shipments of digital cameras from January to May 2003 had a value of $3.43 billion, film cameras and lenses totaled $703 million. CIPA was established on July 1 2002 and has taken over from JCIA which was dissolved in June 2002.

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