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Upcoming Price Increases on LEGO Sets

Earlier this week, the LEGO Group informed their retail partners about changes to recommended retail and wholesale pricing that will take effect this fall. The LEGO Group is well aware that this news will affect LEGO fans and collectors, and they wanted to inform the community as well. Thus the following statement was released via the LEGO Ambassador Network.

As you no doubt have seen and experienced, prices have been rising across many industries for a while. At the LEGO Group, we’ve seen significant increases in the costs of raw materials, freight, and general operating expenses for some time. Despite this, we have worked hard to keep pricing stable. However, recent, rapid increases in costs mean that we will now increase prices on some sets across the portfolio. This increase will come into effect throughout the rest of 2022 and affect around a quarter of LEGO sets. It’s important to note that apart from LEGO-owned retail stores and the Online LEGO Shop, the final price charged to shoppers is set by retailers, not the LEGO Group.

The current global economic challenges of increased raw material and operating costs are impacting many businesses. Putting consumers first is at the heart of what we do as a company, and for some time, we have absorbed these costs to keep pricing stable. However, as these costs have continued to rapidly rise, we have taken the decision to increase the price of some of our sets. This increase will come into effect in August and September.

The increase will differ depending on the set and prices will change on around a quarter of the portfolio. On some sets, we will not alter the price, on others, there will be a single-digit increase and on larger, more complex sets the percentage increase will be higher. We will continue to work to ensure our products offer great value and fully recognize how important this is to our fans and everyone who loves our products.

Prices will be changed on between 150-190 products out of a total portfolio of around 600 products depending on the country. (Prices will not change on approximately 75% of the portfolio). We have tried to ensure that our kids’ ranges have the minimal impact from price rises. The rises range from set to set, and the prices of our larger, more complex adult sets will have a slightly higher percentage increase.

I know that this news will have a negative impact on the LEGO fan community, so if you have any questions, comments, or concerns, feel free to share and discuss below. I can also forward questions and concerns to the LEGO Group via the LEGO Ambassador Network.

And you might also like to check out the following related posts:

LEGO SHOP IN USA: Online LEGO Shop USA

LEGO SHOP IN CANADA: Online LEGO Shop Canada

LEGO SHOP IN UK: Online LEGO Shop UK

LEGO SHOP AUSTRALIA: Online LEGO Shop Australia

{ 6 comments… add one }
  • MagickChicken June 3, 2022, 11:12 AM

    This sucks, but I understand, and I’m glad they’re trying to minimize the impact to kids’ sets (even though it impacts me more).

  • Legostuff14 June 3, 2022, 1:05 PM

    Well, this was bound to happen, due to the fact that on everything else prices have gone up . Oil a special has gone up. This what is called “the snowball effect ” . It eventually gets us all.( happy thoughts 😁). At least it’s not the end for LEGO. It just means we ( as customers) have to pay a little bit more. 💰💲😏.

  • Galadriel June 3, 2022, 5:23 PM

    Lego is already so expensive. This will make it a luxury item even more so. I hope they keep their word and won’t raise prices on kids’ sets.

  • greysqrl June 4, 2022, 2:37 AM

    Kids don’t buy Lego generally, adults do. So if they did this fairly, it wouldn’t affect kids directly. What they are doing is directly impacting just the AFOLs. Over the years Lego has become more expensive, the GWPs have gotten worse and been issued at higher price points. I’d much rather they did this in a fair way across their product range.

  • yoladiel June 4, 2022, 9:44 AM

    This is after they have been making record profits during the pandemic. Way to take advantage of people. I’m sorry for being bitter.

  • Su June 10, 2022, 8:05 AM

    It is understandable that with supply and transportation increases, they would have to raise prices. Unfortunately, their prices were already quite high for many things, and prices never go back down. So, it looks like less LEGO for me and my teenage/adult kids. 😕

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