Germany - Percussion Musical Instruments - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPercussion Musical Instrument Price in Germany - 2023
Contents:
- Percussion Musical Instrument Price in Germany (FOB) - 2023
- Percussion Musical Instrument Price in Germany (CIF) - 2023
- Percussion Musical Instrument Exports in Germany
- Percussion Musical Instrument Imports in Germany
Percussion Musical Instrument Price in Germany (FOB) - 2023
In July 2023, the average percussion musical instrument export price amounted to $101 per unit, dropping by -7.5% against the previous month. In general, the export price saw a relatively flat trend pattern. The growth pace was the most rapid in January 2023 an increase of 15% against the previous month. The export price peaked at $109 per unit in June 2023, and then declined in the following month.
There were significant differences in the average prices for the major overseas markets. In July 2023, the country with the highest price was Switzerland ($132 per unit), while the average price for exports to Hungary ($50.4 per unit) was amongst the lowest.
From July 2022 to July 2023, the most notable rate of growth in terms of prices was recorded for supplies to Italy (+1.8%), while the prices for the other major destinations experienced more modest paces of growth.
Percussion Musical Instrument Price in Germany (CIF) - 2023
The average percussion musical instrument import price stood at $66.3 per unit in July 2023, with an increase of 4% against the previous month. Over the period from July 2022 to July 2023, it increased at an average monthly rate of +1.5%. The pace of growth appeared the most rapid in December 2022 an increase of 47% against the previous month. The import price peaked in July 2023.
There were significant differences in the average prices amongst the major supplying countries. In July 2023, the country with the highest price was Switzerland ($187 per unit), while the price for Bulgaria ($14.5 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 Nepal (+5.8%), while the prices for the other major suppliers experienced more modest paces of growth.
Percussion Musical Instrument Exports in Germany
In 2022, the amount of percussion musical instruments exported from Germany dropped to 1.2M units, shrinking by -1.7% on 2021. The total export volume increased at an average annual rate of +4.6% over the period from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations being observed in certain years. The pace of growth was the most pronounced in 2021 with an increase of 25%. As a result, the exports attained the peak of 1.2M units, and then shrank modestly in the following year.
In value terms, percussion musical instrument exports skyrocketed to $85M in 2022. Overall, total exports indicated a resilient expansion from 2019 to 2022: its value increased at an average annual rate of +14.9% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +68.9% against 2020 indices. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
Export of Percussion Musical Instrument in Germany (Million USD) | |||||
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COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United States | 10.5 | 10.2 | 13.4 | 15.0 | 12.6% |
France | 4.0 | 3.4 | 4.8 | 11.2 | 40.9% |
United Kingdom | 5.1 | 4.3 | 5.2 | 6.3 | 7.3% |
Switzerland | 3.4 | 3.6 | 4.4 | 5.1 | 14.5% |
Spain | 2.6 | 2.0 | 2.4 | 5.0 | 24.4% |
Austria | 2.9 | 2.5 | 2.5 | 4.3 | 14.0% |
Italy | 2.3 | 1.7 | 2.5 | 3.9 | 19.2% |
Netherlands | 2.7 | 2.4 | 2.2 | 3.6 | 10.1% |
Poland | 2.6 | 2.1 | 2.2 | 3.0 | 4.9% |
Sweden | 1.2 | 1.3 | 1.4 | 2.4 | 26.0% |
China | 3.1 | 2.7 | 2.9 | 2.4 | -8.2% |
Belgium | 1.1 | 0.9 | 0.9 | 1.9 | 20.0% |
Czech Republic | 1.1 | 1.2 | 1.1 | 1.7 | 15.6% |
Others | 13.4 | 12.1 | 14.5 | 19.2 | 12.7% |
Total | 56.1 | 50.4 | 60.5 | 85.2 | 14.9% |
Top Export Markets for Percussion Musical Instrument from Germany in 2022:
- United States (208.4K units)
- France (156.1K units)
- United Kingdom (87.5K units)
- Switzerland (71.3K units)
- Spain (70.2K units)
- Austria (60.5K units)
- Italy (54.3K units)
- Netherlands (50.2K units)
- Poland (41.4K units)
- China (34.0K units)
- Sweden (33.9K units)
- Belgium (26.7K units)
- Czech Republic (24.1K units)
Percussion Musical Instrument Imports in Germany
In 2022, imports of percussion musical instruments into Germany surged to 2.5M units, growing by 91% on the previous year's figure. Overall, imports enjoyed significant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, percussion musical instrument imports soared to $68M in 2022. The total import value increased at an average annual rate of +7.2% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.
Import of Percussion Musical Instrument in Germany (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 16.0 | 16.5 | 18.8 | 25.1 | 16.2% |
United States | 7.1 | 5.4 | 5.7 | 7.0 | -0.5% |
Turkey | 1.5 | 1.7 | 1.8 | 6.0 | 58.7% |
Taiwan (Chinese) | 3.1 | 2.2 | 3.0 | 5.6 | 21.8% |
Thailand | 2.9 | 2.6 | 3.0 | 4.5 | 15.8% |
India | 1.7 | 1.7 | 2.1 | 2.8 | 18.1% |
Netherlands | 8.0 | 6.9 | 9.1 | 2.6 | -31.2% |
Switzerland | 2.3 | 1.8 | 2.3 | 2.2 | -1.5% |
Indonesia | 1.2 | 0.8 | 1.2 | 1.7 | 12.3% |
Japan | 1.8 | 1.2 | 1.2 | 1.7 | -1.9% |
Canada | 0.2 | 0.2 | 0.1 | 1.2 | 81.7% |
France | 1.2 | 1.3 | 1.6 | 1.0 | -5.9% |
Others | 8.0 | 8.1 | 8.4 | 6.3 | -7.7% |
Total | 55.1 | 50.3 | 58.4 | 67.9 | 7.2% |
Top Suppliers of Percussion Musical Instrument to Germany in 2022:
- China (922.9K units)
- United States (258.7K units)
- Turkey (219.7K units)
- Taiwan (Chinese) (205.2K units)
- Thailand (166.7K units)
- India (103.0K units)
- Netherlands (97.0K units)
- Switzerland (80.8K units)
- Japan (62.9K units)
- Indonesia (62.2K units)
- Canada (45.2K units)
- France (35.5K units)
This report provides an in-depth analysis of the percussion musical instrument market in Germany. 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:
- Germany
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Germany
- 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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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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
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
This report provides an in-depth analysis of the percussion musical instrument market in Germany.
This report provides an in-depth analysis of the global percussion musical instrument market.
This report provides an in-depth analysis of the percussion musical instrument market in Germany.
This report provides an in-depth analysis of the global percussion musical instrument market.
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