Price for Musical Instruments; Wind, Brass (Eg Trumpets) in Costa Rica - 2022

Contents:

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

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

The average import price for musical instruments; wind, brass (eg trumpets) stood at $621 per unit in 2022, surging by 20% against the previous year. In general, the import price, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 an increase of 82%. Over the period under review, average import prices reached the peak figure at $688 per unit in 2015; however, from 2016 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was France ($1,969 per unit), while the price for Germany ($134 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+20.7%), while the prices for the other major suppliers experienced more modest paces of growth.

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

The average export price for musical instruments; wind, brass (eg trumpets) stood at $71 per unit in 2022, which is down by -9.6% against the previous year. In general, the export price continues to indicate a deep setback. The most prominent rate of growth was recorded in 2016 when the average export price increased by 276%. The export price peaked at $155 per unit in 2017; however, from 2018 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($100 per unit), while the average price for exports to Nicaragua ($5 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 Guatemala (+2,975.0%), while the prices for the other major destinations experienced mixed trend patterns.

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

In 2022, purchases abroad of musical instruments; wind, brass (eg trumpets) increased by 202% to 154 units for the first time since 2019, thus ending a two-year declining trend. Overall, imports, however, recorded a dramatic downturn. Over the period under review, imports of reached the maximum at 643 units in 2019; however, from 2020 to 2022, imports remained at a lower figure.

In value terms, imports of musical instruments; wind, brass (eg trumpets) surged to $96K in 2022. Over the period under review, imports, however, recorded a significant decrease. Imports peaked at $309K in 2019; however, from 2020 to 2022, imports remained at a lower figure.

Import of Musical Instruments; Wind, Brass (Eg Trumpets) in Costa Rica (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China56.431.36.533.8-15.7%
Indonesia22.27.11.423.92.5%
United States87.554.111.113.6-46.2%
Japan17.711.11.012.8-10.2%
France39.96.20.77.9-41.7%
Germany0.1N/AN/A2.8203.7%
Italy2.42.10.70.7-33.7%
Hong Kong SAR3.33.51.5N/A-32.6%
Panama75.8N/A1.7N/A-85.0%
Others3.94.51.90.2-62.8%
Total30912026.595.6-32.4%

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

  1. China (49.0 units)
  2. Indonesia (35.0 units)
  3. Germany (21.0 units)
  4. United States (20.0 units)
  5. Japan (19.0 units)
  6. France (4.0 units)
  7. Italy (3.0 units)

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

In 2022, exports of musical instruments; wind, brass (eg trumpets) from Costa Rica declined to 8 units, shrinking by -11.1% against 2021 figures. In general, exports, however, continue to indicate a significant increase. The most prominent rate of growth was recorded in 2021 when exports increased by 200%. As a result, the exports reached the peak of 9 units, and then fell in the following year.

In value terms, exports of musical instruments; wind, brass (eg trumpets) fell remarkably to $565 in 2022. Over the period under review, exports, however, recorded significant growth. The pace of growth was the most pronounced in 2021 with an increase of 551% against the previous year. As a result, the exports reached the peak of $703, and then dropped rapidly in the following year.

Export of Musical Instruments; Wind, Brass (Eg Trumpets) in Costa Rica (USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States54.010.0610500110.0%
SpainN/AN/A42.050.019.0%
Panama93.06.031.010.0-52.4%
Nicaragua31.03.020.05.0-45.6%
Italy8.0N/AN/AN/A0%
OthersN/A89.0N/AN/A0%
Total18610870356544.8%

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

  1. United States (5.0 units)
  2. Panama (1.0 units)
  3. Nicaragua (1.0 units)
  4. Spain (1.0 units)

Source: IndexBox Market Intelligence Platform

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