A naukri.com initiative
The Drone Girl
1M
452
China tariffs likely to cause soaring drone prices. So should you buy a drone now?
- The U.S. government plans to impose a 10% tax on producers of Chinese products which includes many types of drones and drone components. This move could increase the prices of popular consumer and professional drones alike. With China being the center of global drone manufacturing, the new China tariffs can send drone prices skyrocketing.
- The DJI had quickly increased its drone prices by 15% after the United States enforced new tariffs of 15% on certain Chinese imports in September 2019. So, it is expected that prices on Chinese-made drones will increase faster soon. However, American-based retailers like Amazon or B&H Photo will likely have a slower price increase than drone sites because American-based retailers ship their products from US warehouses.
- The new tariffs will impact all sorts of consumer products imported from China. Unfortunately, even drones made by American drone companies could be impacted by China tariffs. Many US-based drone companies rely on countries like China for drone parts, which could also increase the cost of drone prices.
- The impact of the 10% tariff on drone prices can be much worse than initially estimated for a price-sensitive shopper. The brands may pass on more than just the tariff cost to customers. They could increase prices by closer to 15-20% to cover supply chain disruptions, increased shipping costs, and market uncertainty. Accessories and replacement parts will also become more expensive.
- Drone prices have not risen yet, but retailers have yet to adjust their pricing. However, it's only a matter of time before you start seeing higher price tags, and that could happen soon. Retailers may limit stock or delay shipments to avoid absorbing the new costs, probably leading to supply shortages.
- It can be a good chance to buy a drone at the lowest possible price. With the tariffs already in effect, most retailers haven’t adjusted their pricing yet. So, if someone wants to buy a drone before prices go up, he/she can do that now. But, waiting to buy a drone could end up costing more.
- The new China tariffs as of February 2025 could result in higher prices for almost all sorts of things, including drones. While drone prices will increase, supply may also fall, and prices could increase by 10% or more. Therefore, it's best to act fast if someone wants to own a drone.
- American drone companies could fill the void resulting from the banning of Chinese drone imports, after the new American-made drone will increase in price.
- American drone companies like Ascent Aerosystems, Freefly and Inspired Flight (among many, many others) could see the China tariffs increase the prices of other things they buy to do business, too. All those extra costs have to go somewhere — resulting in higher drone prices.
- The China tariffs will likely increase drone prices significantly, and American-based drone companies that are already more expensive than DJI could struggle to attract new customers due to the higher costs. Customers must act fast if they want to buy a drone at the lowest possible price before it's too late.
Read Full Article
27 Likes
For uninterrupted reading, download the app