Barry_Green
Moderator
The gray market exists because people take advantage of currency exchange rates, local market conditions, and the lack of warranty service. If someone can import a unit from Canada at less cost than they could buy it from Panasonic USA, they will --even if it means that the end customer loses out on a factory warranty and on any rebates or incentives.
When the US dollar was strong, there was a big demand for gray market imports because other countries' products were proportionally cheaper. Now that the dollar is weak, there is much less incentive to import gray market product into the US.
When the US dollar was strong, there was a big demand for gray market imports because other countries' products were proportionally cheaper. Now that the dollar is weak, there is much less incentive to import gray market product into the US.