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

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

In 2022, the average import price for musical instruments; wind, brass (eg trumpets) amounted to $130 per unit, falling by -36.7% against the previous year. Over the period under review, the import price, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 when the average import price increased by 130%. Over the period under review, average import prices attained the peak figure at $299 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 Japan ($808 per unit), while the price for China ($68 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+4.6%), while the prices for the other major suppliers experienced mixed trend patterns.

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

In 2022, the average export price for musical instruments; wind, brass (eg trumpets) amounted to $107 per unit, growing by 15% against the previous year. Overall, the export price, however, recorded a slight downturn. The most prominent rate of growth was recorded in 2019 an increase of 159%. As a result, the export price reached the peak level of $419 per unit. From 2020 to 2022, the average export prices remained at a lower figure.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Austria ($314 per unit), while the average price for exports to Lebanon ($29 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 the Netherlands (+4.4%), while the prices for the other major destinations experienced more modest paces of growth.

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

In 2022, supplies from abroad of musical instruments; wind, brass (eg trumpets) decreased by -25.3% to 7.8K units, falling for the second consecutive year after two years of growth. Over the period under review, total imports indicated a perceptible expansion from 2019 to 2022: its volume increased at an average annual rate of +3.1% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by -36.3% against 2020 indices. The pace of growth appeared the most rapid in 2020 with an increase of 72% against the previous year. As a result, imports reached the peak of 12K units. From 2021 to 2022, the growth of imports of failed to regain momentum.

In value terms, imports of musical instruments; wind, brass (eg trumpets) plummeted to $1M in 2022. Overall, imports, however, enjoyed a prominent expansion. The pace of growth appeared the most rapid in 2020 when imports increased by 123%. Imports peaked at $2.2M in 2021, and then reduced sharply in the following year.

Import of Musical Instruments; Wind, Brass (Eg Trumpets) in Belgium (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
China	288	511	649	437	14.9%
Germany	235	534	570	340	13.1%
Japan	32.7	659	736	116	52.5%
France	208	156	48.2	24.5	-51.0%
Others	115	96.2	151	102	-3.9%
Total	879	1,957	2,154	1,019	5.0%

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

China (6.4K units)
Germany (0.9K units)
Japan (0.1K units)
France (0.1K units)

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

Exports of musical instruments; wind, brass (eg trumpets) from Belgium skyrocketed to 5.5K units in 2022, growing by 51% against the previous year's figure. In general, exports recorded a significant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, exports of musical instruments; wind, brass (eg trumpets) surged to $590K in 2022. Over the period under review, exports, however, showed a abrupt curtailment. The exports peaked at $798K in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

Export of Musical Instruments; Wind, Brass (Eg Trumpets) in Belgium (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Germany	149	142	87.3	263	20.9%
France	39.3	34.0	53.6	74.2	23.6%
Netherlands	60.9	65.3	54.5	66.1	2.8%
Czech Republic	14.0	7.9	12.0	13.2	-1.9%
Switzerland	0.1	4.1	N/A	9.9	362.6%
Poland	8.5	5.0	6.6	7.0	-6.3%
Lebanon	0.6	0.3	0.1	5.0	102.7%
United Kingdom	33.2	36.1	2.6	0.1	-85.6%
Others	493	73.2	123	151	-32.6%
Total	798	368	340	590	-9.6%