Report Update: May 1, 2024

Austria - Percussion Musical Instruments - Market Analysis, Forecast, Size, Trends And Insights

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Percussion Musical Instrument Price in Austria - 2023

Percussion Musical Instrument Price in Austria (CIF) - 2023

The average percussion musical instrument import price stood at $94.0 per unit in July 2023, with a decrease of -13.3% against the previous month. Overall, import price indicated measured growth from July 2022 to July 2023: its price increased at an average monthly rate of +2.0% over the last twelve-month period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on July 2023 figures, percussion musical instrument import price decreased by -23.6% against May 2023 indices. The most prominent rate of growth was recorded in August 2022 when the average import price increased by 47% m-o-m. Over the period under review, average import prices hit record highs at $123 per unit in May 2023; however, from June 2023 to July 2023, import prices stood at a somewhat lower figure.

Prices varied noticeably by the country of origin: the country with the highest price was Germany ($101 per unit), while the price for India ($26.7 per unit) was amongst the lowest.

From July 2022 to July 2023, the most notable rate of growth in terms of prices was attained by Mali (+2.2%), while the prices for the other major suppliers experienced mixed trend patterns.

Percussion Musical Instrument Price in Austria (FOB) - 2022

The average percussion musical instrument export price stood at $72 per unit in 2022, picking up by 4.5% against the previous year. Overall, the export price continues to indicate a resilient increase. The pace of growth appeared the most rapid in 2017 an increase of 38% against the previous year. The export price peaked at $78 per unit in 2019; however, from 2020 to 2022, the export prices remained at a lower figure.

Average prices varied noticeably for the major foreign markets. In 2022, amid the top suppliers, the highest price was recorded for prices to Taiwan (Chinese) ($73 per unit) and Switzerland ($72 per unit), while the average price for exports to Slovenia ($69 per unit) and the United States ($72 per unit) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Taiwan (Chinese) (+9.4%), while the prices for the other major destinations experienced more modest paces of growth.

Percussion Musical Instrument Imports in Austria

In 2022, approx. 136K units of percussion musical instruments were imported into Austria; jumping by 26% on the previous year. Over the period under review, total imports indicated a remarkable increase from 2019 to 2022: its volume increased at an average annual rate of +11.5% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +94.5% against 2020 indices. The pace of growth appeared the most rapid in 2021 when imports increased by 55%. Imports peaked in 2022 and are expected to retain growth in the near future.

In value terms, percussion musical instrument imports expanded notably to $7.7M in 2022. In general, imports, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when imports increased by 37%. Over the period under review, imports hit record highs at $7.8M in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

Import of Percussion Musical Instrument in Austria (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Germany	2,269	1,862	3,083	5,769	36.5%
Netherlands	1,350	465	660	521	-27.2%
China	2,849	1,372	1,389	312	-52.2%
Belgium	46.7	29.3	18.2	273	80.1%
Poland	93.3	101	103	133	12.5%
Nepal	53.1	64.0	108	129	34.4%
Mali	N/A	N/A	0.8	129	16025.0%
United States	202	202	202	119	-16.2%
Turkey	120	192	225	85.1	-10.8%
Cote d'Ivoire	211	113	135	N/A	-20.0%
Others	584	509	809	269	-22.8%
Total	7,777	4,909	6,733	7,741	-0.2%

Top Suppliers of Percussion Musical Instrument to Austria in 2022:

Germany (101.0K units)
Netherlands (9.1K units)
China (5.5K units)
Belgium (4.8K units)
Poland (2.3K units)
Nepal (2.3K units)
Mali (2.3K units)
United States (2.1K units)
Turkey (1.5K units)

Percussion Musical Instrument Exports in Austria

Percussion musical instrument exports from Austria reduced sharply to 3.8K units in 2022, shrinking by -29.5% compared with the previous year's figure. Over the period under review, exports saw a noticeable reduction. The pace of growth was the most pronounced in 2021 with an increase of 112%. As a result, the exports reached the peak of 5.4K units, and then contracted significantly in the following year.

In value terms, percussion musical instrument exports reduced rapidly to $274K in 2022. Overall, exports showed a deep reduction. The pace of growth was the most pronounced in 2021 with an increase of 99%. As a result, the exports reached the peak of $371K, and then reduced remarkably in the following year.

Export of Percussion Musical Instrument in Austria (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Germany	31.3	69.3	53.1	102	48.3%
Switzerland	55.1	34.6	128	53.6	-0.9%
Japan	9.0	14.1	20.8	23.6	37.9%
Poland	N/A	N/A	6.5	20.8	220.0%
Hong Kong SAR	8.3	8.7	4.1	12.3	14.0%
Slovakia	N/A	N/A	4.9	9.4	91.8%
United States	24.4	8.8	20.8	8.6	-29.4%
United Kingdom	N/A	N/A	14.7	8.1	-44.9%
Belgium	N/A	5.7	1.9	8.0	18.5%
Italy	6.3	3.2	3.3	6.9	3.1%
Russia	47.6	0.7	0.6	N/A	-88.8%
China	53.9	16.8	22.5	N/A	-35.4%
Colombia	95.4	N/A	N/A	N/A	0%
Others	8.5	25.0	89.6	20.7	34.5%
Total	340	187	371	274	-6.9%

Top Export Markets for Percussion Musical Instrument from Austria in 2022:

Germany (1416.0 units)
Switzerland (746.0 units)
Japan (328.0 units)
Poland (290.0 units)
Hong Kong SAR (171.0 units)
Slovakia (131.0 units)
United States (120.0 units)
United Kingdom (113.0 units)
Belgium (111.0 units)
Italy (96.0 units)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the percussion musical instrument market in Austria. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

Prodcom 32201510 - Percussion musical instruments

Country coverage:

Austria

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Austria
Export and import prices
Market trends, drivers and restraints
Key market players and their profiles

Reasons to buy this report:

Take advantage of the latest data
Find deeper insights into current market developments
Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023