Musical Boxes Price in Indonesia - 2022

Contents:

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

Musical Boxes Price in Indonesia (CIF) - 2022

The average musical boxes import price stood at $8.4 per unit in 2022, with a decrease of -9.3% against the previous year. In general, import price indicated tangible growth from 2012 to 2022: its price increased at an average annual rate of +3.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, musical boxes import price increased by +24.7% against 2019 indices. The most prominent rate of growth was recorded in 2016 an increase of 52% against the previous year. Over the period under review, average import prices hit record highs at $9.5 per unit in 2018; however, from 2019 to 2022, import prices failed to regain momentum.

Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was China ($8.7 per unit), while the price for Hong Kong SAR amounted to $6.5 per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+4.0%).

Musical Boxes Price in Indonesia (FOB) - 2022

In 2022, the average musical boxes export price amounted to $5.2 per unit, rising by 6.4% against the previous year. Over the period under review, the export price, however, showed a abrupt descent. The most prominent rate of growth was recorded in 2014 an increase of 13% against the previous year. Over the period under review, the average export prices reached the maximum at $15 per unit in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the UK ($15 per unit), while the average price for exports to Chile ($1 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the UK (+14.6%), while the prices for the other major destinations experienced more modest paces of growth.

Musical Boxes Imports in Indonesia

In 2022, imports of musical boxeses into Indonesia reduced dramatically to 53K units, dropping by -19.2% compared with 2021. Overall, imports, however, recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 with an increase of 63%. As a result, imports attained the peak of 65K units, and then declined markedly in the following year.

In value terms, musical boxes imports dropped dramatically to $443K in 2022. Over the period under review, imports, however, showed a strong increase. The most prominent rate of growth was recorded in 2021 when imports increased by 115% against the previous year. As a result, imports attained the peak of $605K, and then contracted dramatically in the following year.

Import of Musical Boxes in Indonesia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China23116751939019.1%
Hong Kong SAR79.481.863.437.0-22.5%
Switzerland17.812.89.24.0-39.2%
Others24.120.713.012.3-20.1%
Total3522826054438.0%

Top Suppliers of Musical Boxes to Indonesia in 2022:

  1. China (44.8K units)
  2. Hong Kong SAR (5.7K units)
  3. Switzerland (0.6K units)

Musical Boxes Exports in Indonesia

In 2022, exports of musical boxeses from Indonesia reduced slightly to 6.5K units, standing approx. at 2021 figures. Overall, exports faced a deep slump. The most prominent rate of growth was recorded in 2021 with an increase of 15% against the previous year. Over the period under review, the exports hit record highs at 9.7K units in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

In value terms, musical boxes exports rose remarkably to $34K in 2022. Over the period under review, exports faced a abrupt contraction. The exports peaked at $56K in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

Export of Musical Boxes in Indonesia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Australia21.918.119.218.5-5.5%
United States19.10.10.94.8-36.9%
Singapore0.15.42.22.1175.9%
United Kingdom1.82.51.92.15.3%
Italy3.03.21.61.8-15.7%
Germany1.61.91.11.1-11.7%
Chile0.10.30.20.226.0%
Others8.14.04.93.1-27.4%
Total55.735.531.933.7-15.4%

Top Export Markets for Musical Boxes from Indonesia in 2022:

  1. Australia (4384.0 units)
  2. United States (591.0 units)
  3. Germany (478.0 units)
  4. Chile (176.0 units)
  5. Italy (169.0 units)
  6. United Kingdom (140.0 units)
  7. Singapore (138.0 units)

Source: IndexBox Market Intelligence Platform

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