Report Update: May 1, 2024

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

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Percussion Musical Instrument Price in the Czech Republic - 2023

Percussion Musical Instrument Price in the Czech Republic (CIF) - 2022

The average percussion musical instrument import price stood at $29 per unit in 2022, with a decrease of -37.3% against the previous year. Overall, the import price showed a abrupt decline. The most prominent rate of growth was recorded in 2017 when the average import price increased by 18%. The import price peaked at $88 per unit in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were the UK ($29 per unit) and Indonesia ($29 per unit), while the price for India ($29 per unit) and Canada ($29 per unit) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the UK (-10.5%), while the prices for the other major suppliers experienced a decline.

Percussion Musical Instrument Price in the Czech Republic (FOB) - 2023

The average percussion musical instrument export price stood at $103 per unit in July 2023, falling by -16.9% against the previous month. Over the period under review, export price indicated a moderate expansion from July 2022 to July 2023: its price increased at an average monthly rate of +3.1% over the last twelve months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on July 2023 figures, percussion musical instrument export price decreased by -18.0% against May 2023 indices. The pace of growth appeared the most rapid in August 2022 an increase of 85% m-o-m. As a result, the export price reached the peak level of $132 per unit. From September 2022 to July 2023, the the average export prices remained at a somewhat lower figure.

There were significant differences in the average prices for the major overseas markets. In July 2023, the country with the highest price was Romania ($152 per unit), while the average price for exports to France ($50.8 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 (+8.0%), while the prices for the other major destinations experienced more modest paces of growth.

Percussion Musical Instrument Imports in the Czech Republic

For the fourth year in a row, the Czech Republic recorded growth in purchases abroad of percussion musical instruments, which increased by 96% to 138K units in 2022. Over the period under review, imports enjoyed a significant increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, percussion musical instrument imports soared to $4M in 2022. The total import value increased at an average annual rate of +10.8% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Import of Percussion Musical Instrument in the Czech Republic (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
China	1,046	1,129	1,026	1,193	4.5%
United States	362	451	426	748	27.4%
Germany	497	381	593	504	0.5%
Taiwan (Chinese)	257	225	209	342	10.0%
Turkey	90.6	109	120	200	30.2%
Netherlands	87.2	81.0	82.2	179	27.1%
Thailand	115	71.8	167	136	5.7%
Indonesia	46.3	31.3	75.8	114	35.0%
Switzerland	58.2	39.6	56.3	112	24.4%
India	22.5	23.4	59.5	98.5	63.6%
United Kingdom	84.0	48.1	89.7	73.6	-4.3%
Canada	59.4	25.5	20.4	69.3	5.3%
Others	225	244	344	245	2.9%
Total	2,949	2,861	3,267	4,015	10.8%

Top Suppliers of Percussion Musical Instrument to the Czech Republic in 2022:

China (40.9K units)
United States (25.7K units)
Germany (17.3K units)
Taiwan (Chinese) (11.7K units)
Turkey (6.9K units)
Netherlands (6.1K units)
Thailand (4.7K units)
Indonesia (3.9K units)
Switzerland (3.8K units)
India (3.4K units)
United Kingdom (2.5K units)
Canada (2.4K units)

Percussion Musical Instrument Exports in the Czech Republic

In 2022, after three years of growth, there was significant decline in overseas shipments of percussion musical instruments, when their volume decreased by -16.7% to 25K units. The total export volume increased at an average annual rate of +3.2% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2021 with an increase of 18% against the previous year. As a result, the exports reached the peak of 30K units, and then reduced dramatically in the following year.

In value terms, percussion musical instrument exports surged to $1.8M in 2022. The total export value increased at an average annual rate of +13.4% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Export of Percussion Musical Instrument in the Czech Republic (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Slovakia	385	355	446	787	26.9%
Germany	279	417	344	288	1.1%
Poland	149	197	258	238	16.9%
Hungary	41.6	54.3	78.8	107	37.0%
Romania	33.4	52.6	65.0	80.2	33.9%
Switzerland	19.1	37.0	55.3	57.7	44.6%
Maldives	5.2	19.2	33.3	49.9	112.5%
Austria	50.1	39.9	33.7	42.4	-5.4%
France	51.3	25.8	45.3	35.1	-11.9%
Italy	49.5	29.2	37.3	28.6	-16.7%
United Kingdom	53.5	42.5	14.8	23.7	-23.8%
Others	110	45.6	67.4	49.9	-23.2%
Total	1,227	1,314	1,479	1,788	13.4%

Top Export Markets for Percussion Musical Instrument from the Czech Republic in 2022:

Slovakia (11.0K units)
Germany (4.0K units)
Poland (3.3K units)
Hungary (1.5K units)
Romania (1.1K units)
Switzerland (0.8K units)
Maldives (0.7K units)
Austria (0.6K units)
France (0.5K units)
Italy (0.4K units)
United Kingdom (0.3K units)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the percussion musical instrument market in the Czech Republic. 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:

Czech Republic

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in the Czech Republic
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