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

Contents:

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

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

The average import price for musical instruments; wind, brass (eg trumpets) stood at $690 per unit in 2022, picking up by 2.6% against the previous year. Over the last decade, it increased at an average annual rate of +1.7%. The most prominent rate of growth was recorded in 2013 an increase of 4.1%. Over the period under review, average import prices attained the peak figure in 2022 and is likely to continue growth in the immediate term.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from Japan ($710 per unit) and the United States ($709 per unit), while the price for the Czech Republic ($673 per unit) and Taiwan (Chinese) ($688 per unit) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (+14.9%), while the prices for the other major suppliers experienced more modest paces of growth.

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

In 2022, the average export price for musical instruments; wind, brass (eg trumpets) amounted to $2,037 per unit, increasing by 50% against the previous year. Over the period under review, the export price posted a prominent increase. The most prominent rate of growth was recorded in 2018 an increase of 1,426% against the previous year. The export price peaked in 2022 and is expected to retain growth in the immediate term.

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 Singapore ($3,510 per unit), while the average price for exports to Vietnam ($52 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 Maldives (+29.0%), while the prices for the other major destinations experienced more modest paces of growth.

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

In 2022, after two years of decline, there was significant growth in overseas purchases of musical instruments; wind, brass (eg trumpets), when their volume increased by 97% to 483 units. Over the period under review, imports, however, continue to indicate a sharp decline. Over the period under review, imports of hit record highs at 1.4K 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) surged to $333K in 2022. Overall, imports, however, recorded a significant decline. Imports peaked at $925K in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

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

1. China (278.0 units)
2. Taiwan (Chinese) (136.0 units)
3. France (34.0 units)
4. Japan (13.0 units)
5. Czech Republic (12.0 units)
6. United States (9.0 units)

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

In 2022, the amount of musical instruments; wind, brass (eg trumpets) exported from Indonesia surged to 6 units, growing by 100% against the previous year's figure. Over the period under review, exports continue to indicate a significant expansion. 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) skyrocketed to $12K in 2022. Overall, exports posted significant growth. The pace of growth was the most pronounced in 2021 with an increase of 691% against the previous year. Over the period under review, the exports of attained the maximum in 2022 and are expected to retain growth in the near future.

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

1. Philippines (2.0 units)
2. Singapore (2.0 units)
3. Australia (1.0 units)
4. Vietnam (1.0 units)

Source: IndexBox Market Intelligence Platform