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

Contents:

  1. Price for Musical Instruments; Wind, Brass (Eg Trumpets) in Mexico (CIF) - 2022
  2. Imports of Musical Instruments; Wind, Brass (Eg Trumpets) in Mexico

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

The average import price for musical instruments; wind, brass (eg trumpets) stood at $134 per unit in 2022, growing by 74% against the previous year. In general, the import price, however, recorded a slight slump. The import price peaked at $170 per unit in 2014; however, from 2015 to 2022, import prices remained at a lower figure.

As there is only one major supplying country, the average price level is determined by prices for China.

From 2012 to 2022, the rate of growth in terms of prices for Taiwan (Chinese) amounted to +9.9% per year.

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

In 2022, supplies from abroad of musical instruments; wind, brass (eg trumpets) decreased by -19.7% to 11K units, falling for the second year in a row after two years of growth. Over the period under review, imports showed a perceptible reduction. The pace of growth appeared the most rapid in 2020 when imports increased by 34% against the previous year. As a result, imports reached the peak of 17K units. From 2021 to 2022, the growth of imports of failed to regain momentum.

In value terms, imports of musical instruments; wind, brass (eg trumpets) surged to $1.5M in 2022. The total import value increased at an average annual rate of +4.5% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. Over the period under review, imports of hit record highs at $1.6M in 2020; however, from 2021 to 2022, imports stood at a somewhat lower figure.

Import of Musical Instruments; Wind, Brass (Eg Trumpets) in Mexico (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China1.31.51.11.54.9%
OthersN/A0.1N/AN/A0%
Total1.31.61.11.54.9%

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

  1. China (11.2K units)

Source: IndexBox Market Intelligence Platform

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