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20% around the corner?


radiant red
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Having had some difficulty getting certain items, I have been in discussions with some people in the know and they think we will see a 20% increase in products especially from Japan. Supply of many things are drying up. Onkyo, you can’t order anything atm due to supply issues, Audio Technica cartridges like the VM95e all but dried up. 
Some say it will bring a rise across the board of up to 20% or so including brands from the uk but I’m hoping not as it would be an opportunity for the uk companies to perhaps have an advantage. Anyway, I’ve heard the above from more than one place. 
 

worrying times ahead maybe? 

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When it hits necessity goods then I’ll start worrying.

But I find it more likely that we’ll be seeing our taxes raised.

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5 minutes ago, tuga said:

When it hits necessity goods then I’ll start worrying.

But I find it more likely that we’ll be seeing our taxes raised.

Or both 🤔

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19 minutes ago, Fourlegs said:

Often people 'in the know' get it wrong. Just look at how often the financial experts get their predictions wrong.

There is plenty of real stuff to worry about rather than adding the maybe stuff to the list and worrying about that as well!

I thought it might be helpful, let’s hope it doesn’t affect your business then 👍🏻

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26 minutes ago, Fourlegs said:

Often people 'in the know' get it wrong. Just look at how often the financial experts get their predictions wrong.

It is a fact that people who make predictions get them wrong - and do so far more often than people who don't make any predictions.

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A good clue is no forthcoming stock and no new prices. Being in the retail sector for 40 years, I have a good idea when something isn’t right but like I said, let’s see what happens. I was able to order an item with a discount code (from various discount code website that worked on the dealer site) and it was the last one in stock. 
hopefully all will be resolved when things get back to normal 

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Having had some difficulty getting certain items, I have been in discussions with some people in the know and they think we will see a 20% increase in products especially from Japan. Supply of many things are drying up. Onkyo, you can’t order anything atm due to supply issues, Audio Technica cartridges like the VM95e all but dried up. 
Some say it will bring a rise across the board of up to 20% or so including brands from the uk but I’m hoping not as it would be an opportunity for the uk companies to perhaps have an advantage. Anyway, I’ve heard the above from more than one place. 
 
worrying times ahead maybe? 

I’m confused. Why do you think manufacturers would increase their production quantities by 20% just because we can’t obtain stuff?

What would their incentive to do this be given that the UK is a very small market compared to the rest of the world?
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13 minutes ago, Beobloke said:


I’m confused. Why do you think manufacturers would increase their production quantities by 20% just because we can’t obtain stuff?

What would their incentive to do this be given that the UK is a very small market compared to the rest of the world?

Supply chain is a factor in any pricing, you should know that from experience. Like I said, let’s see what happens. Did I say manufacture? 
 

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41 minutes ago, radiant red said:

Supply chain is a factor in any pricing, you should know that from experience. Like I said, let’s see what happens. Did I say manufacture? 
 

I suspect Covid has more to do with supply problems. For instance Oyaide in Japan is struggling to supply their customers due to very reduced factory output because of Covid factors within the factory.

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Yep staffing levels have definitely been affected by covid, both from staff illness and local regulations. It's taken 2 months for me to get a confirmed return date so the UK agent can send my Bardo tt back to Brinkmann in Germany for repair (Bad grinding noise coming from combined DD motor & bearing) up until now they've only been permitted to have a skeleton staff for admin purposes, however from Monday the Audio site can return to a more normal level. Must admit I was getting rather techy having my main tt out of action, nowt really wrong with the 401 (most on here would say what are you squinnying about) but it's not the Bardo, something about the sound was missing. 

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Anecdotal and not evidenced, I've noticed used older Quad gear creeping up in price (only because I tend to look at Quad and very few other brands). Perhaps not helped by folk raving about what good vfm it is (I really ought to shut up, listen, it's rubbish !). Obviously retail price increases in the market in general are likely to affect used prices as well. Again, generally speaking stuff goes up over time and not down. I can't help thinking there'll be a tax increase on spend as well as actual income tax. 

As you suggest RR, the only option is to wait and see what happens. I think we're largely all happy to have what we have so perhaps more than ever it's time to focus on just that !

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18 hours ago, tuga said:

When it hits necessity goods then I’ll start worrying.

But I find it more likely that we’ll be seeing our taxes raised.

Container prices from China have tripled since October, its only going to get worse, large items will of course be effected the most, fridge freezers, cookers, washers will be going up massively very soon.

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When your favourite fig rolls no longer taste of figs is a good indicator of the present climate.  Will hifi look like hifi but be more like an Amstrad tower system in the future ?   Eeeee !  Perish the thought.  :)

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