CIPA data for the whole year 2023: Mirrorless makes +10,9%

Finally we got the detailed CIPA camera and lens shipment data for the whole year 2023. It contains a lot of interesting data:

• Shipment of cameras (fixed and interchangeable) did drop by 3,6% in terms of numbers and increased by 4.9% in terms of value.
• Shipment of mirrorless cameras increased by 18,6% in terms of numbers and increased by 10,9% in terms of value.
• Shipment of DSLR cameras did drop by 37.1% in terms of numbers and decreased by 24,8% in terms of value.
• Shipment of fixed lens cameras did drop by 17,4% in terms of numbers and increased by 8,9% in terms of value.
• Shipment of interchangeable lenses did drop by 0,9% in terms of numbers and increased by 6,7% in terms of value.

What does this tell us? The decade long decline stopped. In terms of value both mirrorless and lens sames increased quite a bit. So overall we can look forward to a 2024 that should have a similar pace like 2023 had. And this is good as manufacturer now don’t have to fear the market will shrink further.