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

Contents:

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

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

The average import price for musical instruments; wind, brass (eg trumpets) stood at $188 per unit in 2022, shrinking by -17.1% against the previous year. Overall, the import price, however, showed significant growth. The pace of growth was the most pronounced in 2020 when the average import price increased by 145% against the previous year. The import price peaked at $227 per unit in 2021, and then shrank rapidly in the following year.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($449 per unit), while the price for China ($67 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the UK (+26.4%), while the prices for the other major suppliers experienced more modest paces of growth.

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

The average export price for musical instruments; wind, brass (eg trumpets) stood at $5.1 per unit in 2022, with a decrease of -20.9% against the previous year. In general, the export price faced a abrupt setback. The most prominent rate of growth was recorded in 2018 an increase of 161% against the previous year. Over the period under review, the average export prices attained the maximum at $26 per unit in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($74 per unit), while the average price for exports to Australia ($3.7 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 Canada (+15.4%), while the prices for the other major destinations experienced a decline.

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

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 6.9% to 3.1K units. Overall, imports, however, continue to indicate a dramatic contraction. Over the period under review, imports of reached the peak figure at 7.1K 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) declined to $575K in 2022. Over the period under review, total imports indicated a buoyant increase from 2019 to 2022: its value increased at an average annual rate of +11.0% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +36.8% against 2019 indices. The pace of growth was the most pronounced in 2021 with an increase of 39% against the previous year. As a result, imports reached the peak of $649K, and then declined in the following year.

Import of Musical Instruments; Wind, Brass (Eg Trumpets) in Ireland (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany90.026235827645.3%
China99.010.115798.3-0.2%
United Kingdom20518876.497.3-22.0%
Japan0.4N/A23.239.2361.0%
United States3.32.86.519.781.4%
France0.70.60.419.2201.6%
Others21.33.727.225.66.3%
Total42046764957511.0%

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

  1. China (1467.0 units)
  2. Germany (614.0 units)
  3. United Kingdom (604.0 units)
  4. Japan (97.0 units)
  5. United States (78.0 units)
  6. France (60.0 units)

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

Exports of musical instruments; wind, brass (eg trumpets) from Ireland soared to 10K units in 2022, with an increase of 22% compared with 2021 figures. In general, exports showed significant growth. The most prominent rate of growth was recorded in 2021 with an increase of 480% against the previous year. The exports peaked in 2022 and are expected to retain growth in years to come.

In value terms, exports of musical instruments; wind, brass (eg trumpets) reduced modestly to $51K in 2022. Over the period under review, exports showed a significant expansion. The growth pace was the most rapid in 2021 when exports increased by 605% against the previous year. As a result, the exports reached the peak of $53K, and then fell slightly in the following year.

Export of Musical Instruments; Wind, Brass (Eg Trumpets) in Ireland (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United KingdomN/AN/A15.716.55.1%
Japan11.67.313.47.5-13.5%
AustraliaN/AN/AN/A1.20%
South Korea3.2N/A2.0N/A-20.9%
SwitzerlandN/AN/A5.4N/A0%
Canada0.6N/A3.1N/A127.3%
Others1.10.213.125.8186.2%
Total16.47.552.751.046.0%

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

  1. Japan (1.3K units)
  2. United Kingdom (0.9K units)
  3. Australia (0.3K units)

Source: IndexBox Market Intelligence Platform

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