CIPA's February 2019 report shows huge drop in global digital camera shipments
The Japanese Camera & Imaging Products Association (CIPA) has published a new graph showing the number of cameras shipped in February 2019 and the figures aren't reassuring. According to the association, sales were down from January 2019 and had substantially decreased compared with February 2018.
Global digital camera shipments in February 2019 came in at only 935,148 units compared to the 1,001,398 shipped in January 2019. This is a more than 30% decrease year-over-year, with January 2018 having seen 1,340,492 shipments and February 2018 having maintained a consistent rate at 1,340,995.
A decrease was experienced in the interchangeable lens camera market as well, dropping from 798,014 in February 2018 to 521,217 in February 2019. Both the February 2018 and 2019 shipment periods were lower than February 2017, which had 843,217 in global interchangeable lens camera shipments.
A similar, though not quite as dramatic, decrease in global built-in lens digital camera shipments was experienced in February 2019 compared to February 2018 at 413,931 units versus 542,981.
According to the CIPA data, global digital camera shipments remained very similar from January to February 2017 and increased slightly for those same months in 2018. The trend changed in 2019, with overall February shipments dipping a little more than 6% below January's global shipment numbers.
The numbers are concerning due to the general decrease year-over-year, but also because the shipment numbers decreased during a time in the year when they previously remained relatively steady or began increasing. It's yet to be seen whether March's figures represent yet another decrease or if February's shipment numbers end up being an unfortunate, concerning fluke.
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