Price for Musical Instruments; Wind, Brass (Eg Trumpets) in China - 2023
Contents:
- Price for Musical Instruments; Wind, Brass (Eg Trumpets) in China (FOB) - 2022
- Price for Musical Instruments; Wind, Brass (Eg Trumpets) in China (CIF) - 2022
- Exports of Musical Instruments; Wind, Brass (Eg Trumpets) in China
- Imports of Musical Instruments; Wind, Brass (Eg Trumpets) in China
Price for Musical Instruments; Wind, Brass (Eg Trumpets) in China (FOB) - 2022
The average export price for musical instruments; wind, brass (eg trumpets) stood at $101 per unit in 2022, therefore, remained relatively stable against the previous year. Over the period under review, the export price, however, recorded a slight shrinkage. The most prominent rate of growth was recorded in 2015 when the average export price increased by 226% against the previous year. Over the period under review, the average export prices reached the maximum at $720 per unit in 2016; however, from 2017 to 2022, the export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was France ($308 per unit), while the average price for exports to Indonesia ($24 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 France (+5.9%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Musical Instruments; Wind, Brass (Eg Trumpets) in China (CIF) - 2022
In 2022, the average import price for musical instruments; wind, brass (eg trumpets) amounted to $757 per unit, with an increase of 31% against the previous year. Over the period under review, import price indicated a tangible expansion from 2012 to 2022: its price increased at an average annual rate of +4.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for musical instruments; wind, brass (eg trumpets) decreased by -19.8% against 2019 indices. The most prominent rate of growth was recorded in 2013 when the average import price increased by 45% against the previous year. The import price peaked at $944 per unit in 2019; however, from 2020 to 2022, import prices remained at a lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($2,495 per unit), while the price for Taiwan (Chinese) ($243 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (+6.3%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Musical Instruments; Wind, Brass (Eg Trumpets) in China
In 2022, exports of musical instruments; wind, brass (eg trumpets) from China surged to 1M units, picking up by 39% on the previous year's figure. In general, total exports indicated a strong increase from 2019 to 2022: its volume increased at an average annual rate of +14.1% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +64.3% against 2020 indices. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, exports of musical instruments; wind, brass (eg trumpets) soared to $104M in 2022. The total export value increased at an average annual rate of +3.5% 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 reached the peak and are likely to continue growth in the immediate term.
| Export of Musical Instruments; Wind, Brass (Eg Trumpets) in China (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 39.9 | 31.6 | 29.0 | 48.9 | 7.0% |
| Germany | 12.0 | 9.8 | 8.1 | 10.5 | -4.4% |
| Malaysia | 0.3 | 1.7 | 7.5 | 6.0 | 171.4% |
| United Kingdom | 5.8 | 4.3 | 4.1 | 5.0 | -4.8% |
| Singapore | 0.2 | 0.9 | 1.0 | 4.6 | 184.4% |
| France | 6.1 | 3.7 | 4.1 | 3.8 | -14.6% |
| Japan | 4.0 | 2.9 | 3.3 | 3.5 | -4.4% |
| Australia | 1.9 | 1.6 | 2.0 | 3.0 | 16.4% |
| Brazil | 4.1 | 1.4 | 0.9 | 1.4 | -30.1% |
| Canada | 1.7 | 1.2 | 1.0 | 1.3 | -8.6% |
| Indonesia | 0.6 | 0.5 | 0.3 | 0.5 | -5.9% |
| Others | 16.9 | 13.8 | 13.0 | 15.1 | -3.7% |
| Total | 93.5 | 73.4 | 74.3 | 104 | 3.6% |
Top Export Markets for Musical Instruments; Wind, Brass (Eg Trumpets) from China in 2022:
- United States (304.7K units)
- Malaysia (158.7K units)
- Singapore (116.5K units)
- Australia (89.8K units)
- Germany (53.6K units)
- United Kingdom (33.7K units)
- Canada (26.3K units)
- Japan (23.7K units)
- Indonesia (21.0K units)
- Brazil (15.1K units)
- France (12.4K units)
Imports of Musical Instruments; Wind, Brass (Eg Trumpets) in China
Imports of musical instruments; wind, brass (eg trumpets) into China reduced dramatically to 6.7K units in 2022, declining by -22.9% compared with the previous year. In general, imports saw a deep contraction. The most prominent rate of growth was recorded in 2021 with an increase of 85% against the previous year. Over the period under review, imports of attained the peak figure at 8.7K units in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.
In value terms, imports of musical instruments; wind, brass (eg trumpets) amounted to $5.1M in 2022. Over the period under review, imports recorded a abrupt downturn. The most prominent rate of growth was recorded in 2021 with an increase of 23%. Over the period under review, imports of reached the maximum at $8.2M in 2019; however, from 2020 to 2022, imports failed to regain momentum.
| Import of Musical Instruments; Wind, Brass (Eg Trumpets) in China (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 1,251 | 1,287 | 1,353 | 1,555 | 7.5% |
| Japan | 2,444 | 1,299 | 1,330 | 1,517 | -14.7% |
| United States | 776 | 477 | 984 | 855 | 3.3% |
| Taiwan (Chinese) | 655 | 318 | 594 | 579 | -4.0% |
| Spain | 197 | 180 | 335 | 250 | 8.3% |
| France | 2,015 | 318 | 58.3 | 103 | -62.9% |
| Czech Republic | 534 | 33.6 | 157 | 89.8 | -44.8% |
| Others | 312 | 160 | 204 | 103 | -30.9% |
| Total | 8,184 | 4,072 | 5,015 | 5,051 | -14.9% |
Top Suppliers of Musical Instruments; Wind, Brass (Eg Trumpets) to China in 2022:
- Taiwan (Chinese) (2382.0 units)
- Japan (1579.0 units)
- United States (1237.0 units)
- Germany (623.0 units)
- Spain (477.0 units)
- Czech Republic (101.0 units)
- France (96.0 units)
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