Price for Music, Printed or in Manuscript in the United Arab Emirates - 2021

Contents:

1. Price for Music, Printed or in Manuscript in the United Arab Emirates (CIF) - 2022
2. Price for Music, Printed or in Manuscript in the United Arab Emirates (FOB) - 2022
3. Imports of Music, Printed or in Manuscript in the United Arab Emirates
4. Exports of Music, Printed or in Manuscript in the United Arab Emirates

Price for Music, Printed or in Manuscript in the United Arab Emirates (CIF) - 2022

In 2022, the average import price for music, printed or in manuscript, whether or not bound or illustrated amounted to $19,022 per ton, increasing by 16% against the previous year. Overall, the import price, however, showed a mild descent. The pace of growth appeared the most rapid in 2015 an increase of 108%. The import price peaked at $36,138 per ton in 2018; however, from 2019 to 2022, import prices stood at a somewhat 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 the UK ($58,906 per ton), while the price for the United States ($10,061 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+19.4%), while the prices for the other major suppliers experienced mixed trend patterns.

Price for Music, Printed or in Manuscript in the United Arab Emirates (FOB) - 2022

The average export price for music, printed or in manuscript, whether or not bound or illustrated stood at $62,742 per ton in 2022, growing by 39% against the previous year. In general, the export price posted a significant expansion. The pace of growth was the most pronounced in 2013 when the average export price increased by 309% against the previous year. Over the period under review, the average export prices attained the maximum in 2022 and is likely to see steady growth in the immediate term.

As there is only one major export destination, the average price level is determined by prices for Sri Lanka.

From 2012 to 2022, the rate of growth in terms of prices for Nigeria amounted to +16.2% per year.

Imports of Music, Printed or in Manuscript in the United Arab Emirates

In 2022, approx. 10 tons of music, printed or in manuscript, whether or not bound or illustrated were imported into the United Arab Emirates; shrinking by -27.8% compared with 2021. Over the period under review, total imports indicated a tangible expansion from 2019 to 2022: its volume increased at an average annual rate of +4.2% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +24.1% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 72%. As a result, imports attained the peak of 14 tons, and then contracted rapidly in the following year.

In value terms, music, printed or in manuscript imports declined notably to $195K in 2022. In general, imports showed a abrupt contraction. The pace of growth appeared the most rapid in 2021 with an increase of 48% against the previous year.

Top Suppliers of Music, Printed or in Manuscript to the United Arab Emirates in 2022:

1. South Korea (undefined tons)
2. United States (6.4 tons)
3. Netherlands (1.2 tons)
4. Japan (0.8 tons)
5. United Kingdom (0.6 tons)

Exports of Music, Printed or in Manuscript in the United Arab Emirates

In 2022, exports of music, printed or in manuscript, whether or not bound or illustrated from the United Arab Emirates shrank rapidly to 466 kg, declining by -52% on the year before. In general, exports, however, recorded prominent growth. The pace of growth appeared the most rapid in 2021 when exports increased by 265% against the previous year. As a result, the exports attained the peak of 970 kg, and then dropped rapidly in the following year.

In value terms, music, printed or in manuscript exports fell rapidly to $29K in 2022. Overall, exports, however, showed a significant increase. The most prominent rate of growth was recorded in 2021 with an increase of 195% against the previous year. As a result, the exports reached the peak of $44K, and then shrank notably in the following year.

Top Export Markets for Music, Printed or in Manuscript from the United Arab Emirates in 2022:

1. Sri Lanka (465.0 kg)

Source: IndexBox Market Intelligence Platform