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

Contents:

1. Price for Musical Instruments; Wind, Brass (Eg Trumpets) in Azerbaijan (CIF) - 2022
2. Price for Musical Instruments; Wind, Brass (Eg Trumpets) in Azerbaijan (FOB) - 2022
3. Imports of Musical Instruments; Wind, Brass (Eg Trumpets) in Azerbaijan
4. Exports of Musical Instruments; Wind, Brass (Eg Trumpets) in Azerbaijan

Price for Musical Instruments; Wind, Brass (Eg Trumpets) in Azerbaijan (CIF) - 2022

In 2022, the average import price for musical instruments; wind, brass (eg trumpets) amounted to $21 per unit, waning by -73.3% against the previous year. Overall, the import price continues to indicate a sharp descent. The most prominent rate of growth was recorded in 2019 an increase of 109%. Over the period under review, average import prices attained the maximum at $167 per unit in 2016; however, from 2017 to 2022, import prices remained at a 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 Turkey ($36 per unit), while the price for China totaled $20 per unit.

From 2016 to 2022, the most notable rate of growth in terms of prices was attained by China (+5.0%), while the prices for the other major suppliers experienced mixed trend patterns.

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

The average export price for musical instruments; wind, brass (eg trumpets) stood at $294 per unit in 2022, almost unchanged from the previous year. Overall, the export price recorded a resilient increase. The most prominent rate of growth was recorded in 2019 a decrease of 99.9%. Over the period under review, the average export prices attained the maximum in 2022 and is expected to retain growth in the immediate term.

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

From 2018 to 2022, the rate of growth in terms of prices for the UK amounted to +20.6% per year.

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

In 2022, the amount of musical instruments; wind, brass (eg trumpets) imported into Azerbaijan skyrocketed to 227 units, with an increase of 4,440% compared with the previous year's figure. Over the period under review, imports, however, continue to indicate a sharp decline. Over the period under review, imports of attained the peak figure at 550 units in 2019; however, from 2020 to 2022, imports failed to regain momentum.

In value terms, imports of musical instruments; wind, brass (eg trumpets) skyrocketed to $4.7K in 2022. Overall, imports, however, recorded a precipitous curtailment. Over the period under review, imports of reached the maximum at $36K in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

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

1. China (217.0 units)
2. Turkey (10.0 units)

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

In 2022, exports of musical instruments; wind, brass (eg trumpets) from Azerbaijan was estimated at 1 units, approximately equating the year before. Over the period under review, exports continue to indicate a relatively flat trend pattern. Over the period under review, the exports of reached the peak figure in 2022 and are expected to retain growth in the immediate term.

In value terms, exports of musical instruments; wind, brass (eg trumpets) amounted to $294 in 2022. In general, exports continue to indicate a relatively flat trend pattern. The exports peaked in 2022 and are likely to continue growth in the near future.

Top Export Markets for Musical Instruments; Wind, Brass (Eg Trumpets) from Azerbaijan in 2022:

1. United Kingdom (1.0 units)

Source: IndexBox Market Intelligence Platform