Price for Musical Instruments; Wind, Brass (Eg Trumpets) in Austria - 2023

Price for Musical Instruments; Wind, Brass (Eg Trumpets) in Austria (CIF) - 2023

In October 2023, the average import price for musical instruments; wind, brass (eg trumpets) amounted to $719 per unit, dropping by -20% against the previous month. Overall, the import price continues to indicate a mild shrinkage. The pace of growth was the most pronounced in September 2023 when the average import price increased by 50% month-to-month. As a result, import price reached the peak level of $899 per unit, and then shrank rapidly in the following month.

Average prices varied noticeably amongst the major supplying countries. In October 2023, the country with the highest price was Germany ($681 per unit), while the price for Taiwan (Chinese) totaled $623 per unit.

From November 2022 to October 2023, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (+5.9%).

Price for Musical Instruments; Wind, Brass (Eg Trumpets) in Austria (FOB) - 2022

The average export price for musical instruments; wind, brass (eg trumpets) stood at $2,016 per unit in 2022, declining by -29% against the previous year. Over the period under review, the export price, however, saw a measured increase. The most prominent rate of growth was recorded in 2016 an increase of 45% against the previous year. The export price peaked at $2,840 per unit in 2021, and then shrank markedly in the following year.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Switzerland ($3,504 per unit), while the average price for exports to Poland ($1,046 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 South Korea (+10.6%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Musical Instruments; Wind, Brass (Eg Trumpets) in Austria

In 2022, purchases abroad of musical instruments; wind, brass (eg trumpets) increased by 15% to 9.6K units for the first time since 2019, thus ending a two-year declining trend. In general, imports, however, showed a dramatic slump. Over the period under review, imports of hit record highs at 24K units in 2019; however, from 2020 to 2022, imports failed to regain momentum.

In value terms, imports of musical instruments; wind, brass (eg trumpets) reduced to $8.1M in 2022. Overall, imports, however, showed a deep contraction. The pace of growth appeared the most rapid in 2021 when imports increased by 3% against the previous year. Over the period under review, imports of hit record highs at $13M in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

Import of Musical Instruments; Wind, Brass (Eg Trumpets) in Austria (Million USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Germany	9.4	7.2	7.6	6.8	-10.2%
Switzerland	0.9	0.6	0.6	0.7	-8.0%
Taiwan (Chinese)	0.4	0.4	0.4	0.2	-20.6%
France	0.9	0.5	0.2	0.1	-51.9%
China	0.8	0.1	N/A	0.1	-50.0%
Japan	0.5	N/A	N/A	N/A	0%
Others	0.5	0.1	0.2	0.2	-26.3%
Total	13.4	8.8	9.1	8.1	-15.4%

Top Suppliers of Musical Instruments; Wind, Brass (Eg Trumpets) to Austria in 2022:

Germany (8.5K units)
Taiwan (Chinese) (0.6K units)
Switzerland (0.2K units)
China (0.1K units)

Exports of Musical Instruments; Wind, Brass (Eg Trumpets) in Austria

In 2022, the amount of musical instruments; wind, brass (eg trumpets) exported from Austria surged to 1.6K units, rising by 23% compared with 2021 figures. In general, exports, however, continue to indicate a deep slump. Over the period under review, the exports of attained the maximum at 2.1K units in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

In value terms, exports of musical instruments; wind, brass (eg trumpets) shrank to $3.2M in 2022. Overall, exports, however, recorded a abrupt setback. The growth pace was the most rapid in 2021 when exports increased by 11% against the previous year. Over the period under review, the exports of reached the maximum at $4M in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

Export of Musical Instruments; Wind, Brass (Eg Trumpets) in Austria (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Germany	1,096	1,157	949	1,002	-2.9%
Switzerland	1,148	555	658	792	-11.6%
United States	321	235	255	336	1.5%
Japan	167	109	153	133	-7.3%
Spain	173	169	190	131	-8.9%
Italy	196	84.4	91.7	86.6	-23.8%
South Korea	66.8	56.6	51.5	79.8	6.1%
Czech Republic	45.9	116	89.4	77.1	18.9%
Taiwan (Chinese)	29.9	16.9	37.8	61.4	27.1%
France	32.2	63.9	57.1	59.1	22.4%
Portugal	81.4	34.3	79.0	52.4	-13.7%
Poland	40.9	36.2	45.7	33.5	-6.4%
Hungary	126	60.1	41.9	19.1	-46.7%
Others	451	579	943	329	-10.0%
Total	3,976	3,273	3,641	3,192	-7.1%