Musical Boxes Price in Brazil - 2023

Contents:

1. Musical Boxes Price in Brazil (CIF) - 2022
2. Musical Boxes Price in Brazil (FOB) - 2022
3. Musical Boxes Imports in Brazil
4. Musical Boxes Exports in Brazil

Musical Boxes Price in Brazil (CIF) - 2022

In 2022, the average musical boxes import price amounted to $0.4 per unit, rising by 4.9% against the previous year. In general, the import price, however, recorded a perceptible setback. The pace of growth appeared the most rapid in 2017 an increase of 50%. As a result, import price attained the peak level of $0.6 per unit. From 2018 to 2022, the average import prices remained at a lower figure.

Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was China ($0.4 per unit), while the price for Hong Kong SAR totaled $0.3 per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (-3.6%).

Musical Boxes Price in Brazil (FOB) - 2022

The average musical boxes export price stood at $41 per unit in 2022, picking up by 281% against the previous year. Over the period under review, the export price enjoyed a notable increase. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Paraguay ($128 per unit), while the average price for exports to France amounted to $27 per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Paraguay (+152.7%), while the prices for the other major destinations experienced a decline.

Musical Boxes Imports in Brazil

In 2022, approx. 482K units of musical boxeses were imported into Brazil; with a decrease of -21.5% on the previous year. Overall, imports continue to indicate a dramatic shrinkage. Imports peaked at 1M units in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

In value terms, musical boxes imports dropped markedly to $178K in 2022. In general, imports faced a precipitous setback. The smallest decline of -14.8% was in 2021. Over the period under review, imports hit record highs at $416K in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

Top Suppliers of Musical Boxes to Brazil in 2022:

1. China (455.4K units)
2. Hong Kong SAR (25.8K units)

Musical Boxes Exports in Brazil

In 2022, after three years of growth, there was significant decline in shipments abroad of musical boxeses, when their volume decreased by -12.3% to 64 units. The total export volume increased at an average annual rate of +8.6% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2021 with an increase of 26% against the previous year. As a result, the exports reached the peak of 73 units, and then shrank in the following year.

In value terms, musical boxes exports surged to $2.6K in 2022. Overall, exports, however, showed a significant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Top Export Markets for Musical Boxes from Brazil in 2022:

1. France (55.0 units)
2. Paraguay (9.0 units)

Source: IndexBox Market Intelligence Platform