Price for Musical Instruments; Wind, Brass (Eg Trumpets) in Japan - 2023
Contents:
- Price for Musical Instruments; Wind, Brass (Eg Trumpets) in Japan (FOB) - 2022
- Price for Musical Instruments; Wind, Brass (Eg Trumpets) in Japan (CIF) - 2022
- Exports of Musical Instruments; Wind, Brass (Eg Trumpets) in Japan
- Imports of Musical Instruments; Wind, Brass (Eg Trumpets) in Japan
Price for Musical Instruments; Wind, Brass (Eg Trumpets) in Japan (FOB) - 2022
In 2022, the average export price for musical instruments; wind, brass (eg trumpets) amounted to $1,679 per unit, with an increase of 7.5% against the previous year. Overall, export price indicated a perceptible expansion from 2012 to 2022: its price increased at an average annual rate of +3.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for musical instruments; wind, brass (eg trumpets) increased by +53.0% against 2017 indices. The pace of growth was the most pronounced in 2018 an increase of 35%. The export price peaked in 2022 and is likely to continue growth in the immediate term.
Average prices varied noticeably for the major external markets. In 2022, amid the top suppliers, the highest price was recorded for prices to Canada ($1,682 per unit) and Thailand ($1,681 per unit), while the average price for exports to Australia ($1,677 per unit) and the United States ($1,677 per unit) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Canada (+3.4%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Musical Instruments; Wind, Brass (Eg Trumpets) in Japan (CIF) - 2022
The average import price for musical instruments; wind, brass (eg trumpets) stood at $828 per unit in 2022, growing by 4% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.3%. The most prominent rate of growth was recorded in 2021 an increase of 4%. The import price peaked in 2022 and is expected to retain growth in years to come.
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 Taiwan (Chinese) ($4,613 per unit), while the price for the United States ($410 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (+31.5%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Musical Instruments; Wind, Brass (Eg Trumpets) in Japan
In 2022, exports of musical instruments; wind, brass (eg trumpets) from Japan surged to 28K units, growing by 19% on the previous year. Overall, exports, however, continue to indicate a abrupt descent. The exports peaked at 39K units in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.
In value terms, exports of musical instruments; wind, brass (eg trumpets) surged to $47M in 2022. In general, exports saw a relatively flat trend pattern. 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 Japan (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 30.8 | 20.5 | 25.7 | 33.4 | 2.7% |
| Germany | 4.7 | 3.2 | 2.8 | 4.1 | -4.5% |
| China | 1.5 | 0.9 | 1.5 | 1.7 | 4.3% |
| France | 1.8 | 1.2 | 1.4 | 1.3 | -10.3% |
| Australia | 1.4 | 0.9 | 1.2 | 1.1 | -7.7% |
| Canada | 1.1 | 0.7 | 0.4 | 0.8 | -10.1% |
| Hong Kong SAR | 0.6 | 0.5 | 0.7 | 0.7 | 5.3% |
| Singapore | 1.0 | 0.5 | 0.4 | 0.4 | -26.3% |
| Others | 3.4 | 3.2 | 3.1 | 3.8 | 3.8% |
| Total | 46.2 | 31.5 | 37.2 | 47.4 | 0.9% |
Top Export Markets for Musical Instruments; Wind, Brass (Eg Trumpets) from Japan in 2022:
- United States (19.9K units)
- Germany (2.5K units)
- China (1.0K units)
- Australia (0.7K units)
- France (0.7K units)
- Canada (0.5K units)
- Hong Kong SAR (0.4K units)
- Singapore (0.2K units)
Imports of Musical Instruments; Wind, Brass (Eg Trumpets) in Japan
In 2022, after two years of decline, there was growth in supplies from abroad of musical instruments; wind, brass (eg trumpets), when their volume increased by 0.3% to 18K units. Overall, imports, however, saw a abrupt contraction. Over the period under review, imports of attained the peak figure at 28K units in 2019; however, from 2020 to 2022, imports failed to regain momentum.
In value terms, imports of musical instruments; wind, brass (eg trumpets) expanded slightly to $15M in 2022. In general, imports, however, showed a deep setback. Over the period under review, imports of hit record highs at $20M in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.
| Import of Musical Instruments; Wind, Brass (Eg Trumpets) in Japan (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 6.1 | 4.2 | 5.0 | 4.9 | -7.0% |
| United States | 8.1 | 5.5 | 4.9 | 4.6 | -17.2% |
| China | 3.5 | 2.9 | 2.7 | 3.3 | -1.9% |
| Switzerland | 0.9 | 0.4 | 0.5 | 0.8 | -3.9% |
| Spain | 0.2 | 0.1 | 0.2 | 0.2 | 0.0% |
| Others | 1.5 | 1.1 | 1.0 | 1.2 | -7.2% |
| Total | 20.3 | 14.3 | 14.4 | 15.0 | -9.6% |
Top Suppliers of Musical Instruments; Wind, Brass (Eg Trumpets) to Japan in 2022:
- United States (11.2K units)
- Germany (2.8K units)
- China (1.9K units)
- Switzerland (1.0K units)
- Spain (0.4K units)
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