Quantcast
  • We invite you to join UKWorkshop.
    Members can turn off viewing Ads!

Axminster price increasing

UKworkshop.co.uk

Help Support UKworkshop.co.uk:

Blackswanwood

Still Learning
Joined
17 Nov 2018
Messages
739
Reaction score
273
Location
North Yorkshire
I think it was really unfair that the prices went up as much as they did this time. Just means we have to be more creative with what we have got.

I like their products but 10/15% price increases are just not fair. Now they also charge £60 for their heavy goods delivery.
I get that there is a lot of demand but it’s not fair for people entering the world of woodwork.
I’m struggling to follow the logic of it being unfair. Unwelcome maybe but presumably they are doing what most businesses do - covering their costs and a Margin for profit. There are other suppliers we can all choose to buy from.

EDIT sorry - same point as previous post - AJB must type quicker than me!
 

Hsmith192

Established Member
Joined
4 Apr 2020
Messages
30
Reaction score
5
Location
Kent
I’m struggling to follow the logic of it being unfair. Unwelcome maybe but presumably they are doing what most businesses do - covering their costs and a Margin for profit. There are other suppliers we can all choose to buy from.

EDIT sorry - same point as previous post - AJB must type quicker than me!
What other suppliers would you suggest that you think are similar?
 

marcros

Established Member
Joined
11 Feb 2011
Messages
10,799
Reaction score
522
Location
Leeds
What other suppliers would you suggest that you think are similar?
it depends what you want to buy. record power or Charnwood are probably similar for the hobby machines. There are others. Best option would be to start a thread saying what axi product you are looking at and ask for opinions.
 

Blackswanwood

Still Learning
Joined
17 Nov 2018
Messages
739
Reaction score
273
Location
North Yorkshire
What other suppliers would you suggest that you think are similar?
Handtools ...

Workshop Heaven, Classic Handtools, Woodworkersworkshop, Turning Heaven, Toolnut etc

Powertools ...

Powertoolworld, FFX, MTMC, Kelvinpowertools etc

Machinery ...

Scott & Sargeant are a good place to start

There really are loads of other suppliers competing with Axminster!
 

TRITON

Established Member
Joined
5 Oct 2014
Messages
277
Reaction score
146
Location
Scotland
I notice record power pricing is better and whats more they seem to have pretty much everything in stock.
Looking through the different ranges a stark comparison is the 16" bandsaw.
Axminster its £1600, and in RP its £1100
Pretty much identical capacities, and spec.
 
Last edited:

Starflyer

Member
UKW Supporter
Joined
4 Apr 2020
Messages
13
Reaction score
21
Location
Walsall
I haven't read all the way through this, I apologise if this has already been covered. As part of my day job I buy a fair amount from China and export it to the EU and US.

These price increases have little to nothing to do with Brexit, we've got that to look forward to later next year. The RMB is at it's weekest against the USD for a long time, the world buys from China in USD, the factories pay for components in RMB. Every factory I deal with is pushing big price increases and this will continue.

China has been pushing manufacturers to be less polluting for a while now, this is also pushing up prices. The Chinese gov needed to tackle this; think annodisers running at night to avoid gov inspections and dumping tonnes of toxic chemicals into rivers / drains. The increased gov inspections have halved factory capacity and so their prices have increased.

Covid has had and continues to have the biggest effect on prices. There are severe equipment (empty container) shortages in China now, the world has been exporting truly massive amounts of PPE from China and empty containers haven't been going back. There's far more demand for all types of freight than there is capacity.

Last week I was quoted a four month wait for container space on my normal shipping line, usually ~ USD 2k, or a sailing mid January for USD 8k. The price quoted was only an indication and I expect it to increase further.
 

Misterdog

Established Member
Joined
16 Aug 2020
Messages
124
Reaction score
47
Location
Sheffield
At last, someone gets it and can see beyond the end of their nose.

People quoting GBP V Eur exchange rates, (only since 2016 obviously) then giving cumulative totals for inflation rates (only since 2016 obviously) for dramatic effect.
Have little notion that the world's economy is not based on Brexit.

I suspect that we will look back in awe at the days of cheap borrowing and low inflation.
 

Droogs

Is that chisel shar ... Ow
Joined
14 Mar 2013
Messages
3,601
Reaction score
827
Location
Edinburgh
I look in awe of it now, I remember my parents having to pay 15% a month on their mortgage as a teen in the 80s and this taking nearly all their salary. Only reason my father could afford to travel to work was he ran the bus repair garage and had an employee bus pass which he used for 3 years to get there before he started to use the car again
 

Misterdog

Established Member
Joined
16 Aug 2020
Messages
124
Reaction score
47
Location
Sheffield
I notice record power pricing is better and whats more they seem to have pretty much everything in stock.
Looking through the different ranges a stark comparison is the 16" bandsaw.
Axminster its £1600, and in RP its £1100
Pretty much identical capacities, and spec.
Though with a cast iron table, variable speed drive and precision blade guides
the Scheppach machines look better quality to me.


I have a Record Power one which is OK.

Screwfix selling machinery !
 

billw

The Tattooed One
UKW Supporter
Joined
26 Apr 2009
Messages
1,576
Reaction score
787
Location
Sutton Coldfield, UK
At last, someone gets it and can see beyond the end of their nose.

People quoting GBP V Eur exchange rates, (only since 2016 obviously) then giving cumulative totals for inflation rates (only since 2016 obviously) for dramatic effect.
Have little notion that the world's economy is not based on Brexit.

I suspect that we will look back in awe at the days of cheap borrowing and low inflation.
It's also quite weird to live in the times of negative interest rates.
 

Misterdog

Established Member
Joined
16 Aug 2020
Messages
124
Reaction score
47
Location
Sheffield
I look in awe of it now, I remember my parents having to pay 15% a month on their mortgage as a teen in the 80s
Then house prices dropping 10% or more in a bad year of the boom and bust cycles we had then.
 

billw

The Tattooed One
UKW Supporter
Joined
26 Apr 2009
Messages
1,576
Reaction score
787
Location
Sutton Coldfield, UK
Then house prices dropping 10% or more in a bad year of the boom and bust cycles we had then.
An interesting argument can come from this - should people see their property as an investment or a home? Everyone needs somewhere to live so what does it matter what it is worth at any point in time?

Yes, from the point of remortgaging etc I guess. I just don't see the obsession with people saying how much their house is worth. It's relative, so if you sell yours at a high price you'll have to buy another at the same high price unless you move to a cheaper area, but how many people base their location on where they think they'll get the most capital appreciation?
 

Misterdog

Established Member
Joined
16 Aug 2020
Messages
124
Reaction score
47
Location
Sheffield
Houses are investments though, they are something to sell to pay your nursing home fees of £ 1000 per week.

Though in the 'bust' years with high inflation, the negative equity caused many to loose their homes.
Thankfully the economy has been more stable since - touch wood..
 

Misterdog

Established Member
Joined
16 Aug 2020
Messages
124
Reaction score
47
Location
Sheffield
I was talking to a friend of mine the other day who works for Evolution power tools, he said they have had no price increase for the last 2 years. Though because of the huge increase in container costs there will be one in the spring.
Some will just say Brexit has caused it though..
 

Doug B

Shy Tot
Joined
6 Aug 2008
Messages
3,446
Reaction score
693
Location
@dougsworkshop
I look in awe of it now, I remember my parents having to pay 15% a month on their mortgage as a teen in the 80s and this taking nearly all their salary. Only reason my father could afford to travel to work was he ran the bus repair garage and had an employee bus pass which he used for 3 years to get there before he started to use the car again
It wasn’t just the 80’s either I remember buying our first house in 1990 & interest rates were 16.5% & house prices had peaked, five years later the house next door which was the same design etc to ours sold for 1/2 what we’d paid for ours, it took another five years for prices to get back to where they were when we first bought & we were able to sell finally having got out of negative equity 😖
 

Mike Jordan

Established Member
Joined
21 Apr 2016
Messages
695
Reaction score
80
Location
Derby
Ive just looked at the exminster site to price s forstner bit and got a shock! Same Chinese carp but very new prices.
It seems that a wind of change has hiked them out of my reach.
 

Latest posts

Top