April CIPA numbers are out: red across the board

CIPA (Camera & Imaging Products Association in Japan) published their camera production data for April, 2020 (orange: 2020, black: 2019, blue: 2018, click for larger view):

April 2020 CIPA numbers

In spite of the Pandemic, a curious thing happened in April:  DSLR’s out-shipped Mirrorless by 46,000 units, whereas in March, Mirrorless out-shipped DSLR’s by 34,000 units.   That cannot be good news for Sony and in Nikon’s financials, I noted that for the first time in a long time that Nikon did not lose market share.   But overall, everything is still pretty bad for the industry, down over 40% across the board compared to last year and last year was pretty bad itself.

Year to Date (all comparisons to Jan-April 2019):

DSLR Units : 754K, -47% YTD
DSLR Shipped Value: ¥32.3 billion -45%

Mirrorless Units: 720K , -36%
Mirrorless Shipped Value: ¥50.4 billion -40%

Compact Units: 1.16m -47%
Compact Shipped Value: ¥22.9 billion -44%

Lenses for smaller than 35mm Units: 1.68 million, -41%
Lenses for smaller than 35mm Shipped Value: ¥23.9 billion, -40%

Lenses for 35mm and larger Units: 978K, -40%
Lenses for 35mm and larger Shipped Value: ¥48 billion, -39%

Mirrorless unit share (of Mirrorless + DSLR) 49% (was 44% Jan-April 2019)
Mirrorless Shipped Value share 60.9% (was 59% Jan-April 2019)

Interestingly, the ratio of lenses shipped to bodies shipped decreased to 1.53 in April compared to 2.21 in March. Cumulatively, it’s 1.81 Jan-April 2020 vs 1.76:1 Jan-April 2019.

List of participating CIPA companies can be found here.

Source: CIPA (thanks ZoetMB)

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