Which Country Imports the Most Musical Instrument Parts in the World?

In 2016, approx. X tonnes of musical instrument parts were imported worldwide; approximately reflecting the previous year level. Overall, musical instrument parts imports continue to indicate a slight setback. The pace of growth was the most pronounced in 2010, when imports increased by X% from the previous year level. Over the period under review, global musical instrument parts imports attained its maximum volume of X tonnes in 2011; however, from 2012 to 2016, it failed to regain its strength.

In value terms, musical instrument parts imports amounted to $X in 2016. The total import value increased at an average annual rate of +X% over the period from 2007 to 2016; the trend pattern remained relatively stable, with only minor fluctuations being recorded throughout the analyzed period. Global musical instrument parts import peaked of $X in 2012; however, from 2013 to 2016, it stood at a somewhat lower level.

Top Musical Instrument Parts Importing Countries in the World

X. Japan (X million USD)

X. Indonesia (X million USD)

X. Germany (X million USD)

X. France (X million USD)

X. China (X million USD)

X. United Kingdom (X million USD)

X. South Korea (X million USD)

X. Italy (X million USD)

X. China, Hong Kong SAR (X million USD)

X. Australia (X million USD)

Musical Instrument Parts Imports By Country

In 2016, China (X tonnes) represented the major importer for musical instrument parts, making up X% of total imports. Indonesia (X tonnes) ranks second globally in musical instrument parts imports with a X% share, following Japan (X%), South Korea (X%), and Germany (X%). The following importers - China, Hong Kong SAR (X tonnes), the UK (X tonnes), France (X tonnes), Australia (X tonnes), and Italy (X tonnes) together made up X% of total imports.

China experienced a relatively flat trend pattern. At the same time, France (+X%), and Australia (+X%) displayed positive paces of growth. Moreover, France emerged as the fastest growing importer/exporter in the world, with a CAGR of +X% from 2007-2016. Indonesia, and China, Hong Kong SAR experienced a relatively flat trend pattern. By contrast, Germany (-X%), Japan (-X%), Italy (-X%), the UK (-X%), and South Korea (-X%) illustrated a downward trend over the same period. South Korea (X%), and Japan (X%) significantly strengthened its position in terms of the global imports, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Japan ($X), Indonesia ($X) and Germany ($X) appeared as the countries with the highest levels of imports in 2016, together accounting for X% of global imports.

Indonesia (+X% per year) experienced the highest growth rate of musical instrument parts imports, among the main importing countries, over the last X years, while the other global leaders experienced more modest paces of growth.

Musical Instrument Parts Import Prices By Country

The average musical instrument parts import price stood at $X per kg in 2016, descending by -X% against the previous year. Over the period from 2007 to 2016 it increased at an average annual rate of +X pace of growth was the most pronounced in 2012, when import price increased by X% from the previous year level. Global musical instrument parts import peaked of $X per kg in 2014; however, from 2015 to 2016, it failed to regain its strength.

There were significant differences in the average import prices amongst major importing countries. In 2016, the country with the highest import prices was France ($X per kg), while China ($X per tonne) was among the lowest.

From 2007 to 2016, the most notable growth rate of musical instrument parts import prices was attained by Indonesia (+X% per year), while the other global leaders experienced more modest paces of growth.

Do you want to know more about global musical instrument parts market? Get the latest trends and insight from our report. It includes a wide range of statistics on

• musical instrument parts market share
• musical instrument parts prices
• musical instrument parts industry
• musical instrument parts sales
• musical instrument parts import
• musical instrument parts export
• musical instrument parts market forecast
• musical instrument parts price forecast
• key musical instrument parts producers

This article was written on the product's HS-code: X.

Source: IndexBox AI Platform