Musical Boxes Price in Romania - 2023

Contents:

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

Musical Boxes Price in Romania (CIF) - 2022

The average musical boxes import price stood at $8.3 per unit in 2022, shrinking by -9.7% against the previous year. Over the period under review, import price indicated a noticeable increase from 2012 to 2022: its price increased at an average annual rate of +3.5% 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 +50.8% against 2018 indices. The pace of growth was the most pronounced in 2020 when the average import price increased by 36% against the previous year. Over the period under review, average import prices hit record highs at $9.3 per unit in 2015; however, from 2016 to 2022, import prices remained at a lower figure.

There were significant differences in the average prices 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 Poland ($5.5 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+4.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Musical Boxes Price in Romania (FOB) - 2022

The average musical boxes export price stood at $7.1 per unit in 2022, falling by -9.9% against the previous year. Over the period under review, the export price saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 an increase of 63% against the previous year. As a result, the export price attained the peak level of $9.3 per unit. From 2015 to 2022, the average export prices remained at a somewhat lower figure.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Moldova ($8 per unit), while the average price for exports to Italy ($3.6 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 Moldova (+12.9%), while the prices for the other major destinations experienced a decline.

Musical Boxes Imports in Romania

In 2022, the amount of musical boxeses imported into Romania surged to 43K units, with an increase of 41% against 2021. Over the period under review, imports recorded a significant expansion. The growth pace was the most rapid in 2020 when imports increased by 234%. As a result, imports reached the peak of 57K units. From 2021 to 2022, the growth of imports remained at a lower figure.

In value terms, musical boxes imports soared to $359K in 2022. Overall, imports continue to indicate a significant expansion. The most prominent rate of growth was recorded in 2020 with an increase of 354% against the previous year. As a result, imports attained the peak of $436K. From 2021 to 2022, the growth of imports failed to regain momentum.

Import of Musical Boxes in Romania (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China26.828.684.5272116.5%
Germany34.887.314060.120.0%
Netherlands6.35.87.87.24.6%
Poland3.693.914.73.2-3.9%
Hungary1.821426.40.1-61.8%
United Kingdom21.73.6N/AN/A-83.4%
Others1.23.37.116.3138.6%
Total96.243628135955.1%

Top Suppliers of Musical Boxes to Romania in 2022:

  1. Hungary (undefinedK units)
  2. China (31.2K units)
  3. Germany (8.8K units)
  4. Netherlands (1.3K units)
  5. Poland (0.6K units)

Musical Boxes Exports in Romania

In 2022, after two years of decline, there was growth in overseas shipments of musical boxeses, when their volume increased by 1.6% to 3.7K units. Over the period under review, exports, however, faced a abrupt downturn. Over the period under review, the exports attained the maximum at 5.4K units in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

In value terms, musical boxes exports fell to $26K in 2022. Overall, exports, however, recorded a abrupt contraction. The most prominent rate of growth was recorded in 2021 when exports increased by 21% against the previous year. The exports peaked at $35K in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

Export of Musical Boxes in Romania (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United KingdomN/AN/AN/A23.10%
Germany34.623.723.52.9-56.2%
Others0.6N/A5.20.3-20.6%
Total35.223.828.726.2-9.4%

Top Export Markets for Musical Boxes from Romania in 2022:

  1. United Kingdom (2.9K units)
  2. Germany (0.7K units)

Source: IndexBox Market Intelligence Platform

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