Price for Musical Instruments; Wind, Brass (Eg Trumpets) in Portugal - 2023
Contents:
- Price for Musical Instruments; Wind, Brass (Eg Trumpets) in Portugal (CIF) - 2022
- Price for Musical Instruments; Wind, Brass (Eg Trumpets) in Portugal (FOB) - 2022
- Imports of Musical Instruments; Wind, Brass (Eg Trumpets) in Portugal
- Exports of Musical Instruments; Wind, Brass (Eg Trumpets) in Portugal
Price for Musical Instruments; Wind, Brass (Eg Trumpets) in Portugal (CIF) - 2022
In 2022, the average import price for musical instruments; wind, brass (eg trumpets) amounted to $450 per unit, dropping by -7.3% against the previous year. Over the period under review, the import price, however, saw a buoyant expansion. The pace of growth was the most pronounced in 2019 an increase of 45% against the previous year. Over the period under review, average import prices hit record highs at $485 per unit in 2021, and then fell in the following year.
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 the UK ($795 per unit), while the price for Italy ($177 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+19.0%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Musical Instruments; Wind, Brass (Eg Trumpets) in Portugal (FOB) - 2022
In 2022, the average export price for musical instruments; wind, brass (eg trumpets) amounted to $939 per unit, rising by 637% against the previous year. In general, the export price posted significant growth. The growth pace was the most rapid in 2013 an increase of 2,505%. Over the period under review, the average export prices hit record highs at $1,064 per unit in 2017; however, from 2018 to 2022, the export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($1,940 per unit), while the average price for exports to Guinea-Bissau stood at $814 per unit.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the United States (+8.2%).
Imports of Musical Instruments; Wind, Brass (Eg Trumpets) in Portugal
For the third year in a row, Portugal recorded decline in overseas purchases of musical instruments; wind, brass (eg trumpets), which decreased by -14.7% to 2.1K units in 2022. In general, imports saw a dramatic setback. Over the period under review, imports of reached the maximum at 11K units in 2019; however, from 2020 to 2022, imports failed to regain momentum.
In value terms, imports of musical instruments; wind, brass (eg trumpets) contracted markedly to $948K in 2022. Overall, imports saw a precipitous curtailment. Over the period under review, imports of hit record highs at $2.8M in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.
| Import of Musical Instruments; Wind, Brass (Eg Trumpets) in Portugal (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Spain | 2,386 | 1,176 | 434 | 428 | -43.6% |
| Germany | 286 | 272 | 471 | 243 | -5.3% |
| China | 5.4 | 11.9 | 118 | 142 | 197.4% |
| France | 17.2 | 3.0 | 40.6 | 42.5 | 35.2% |
| United Kingdom | 10.8 | 1.4 | 93.0 | 42.1 | 57.4% |
| Italy | 0.1 | 0.6 | 4.5 | 5.8 | 287.1% |
| Netherlands | 85.0 | 528 | 0.3 | N/A | -94.1% |
| Others | 52.6 | 42.2 | 36.6 | 43.6 | -6.1% |
| Total | 2,843 | 2,035 | 1,197 | 948 | -30.7% |
Top Suppliers of Musical Instruments; Wind, Brass (Eg Trumpets) to Portugal in 2022:
- Spain (895.0 units)
- Germany (625.0 units)
- China (252.0 units)
- France (172.0 units)
- United Kingdom (53.0 units)
- Italy (33.0 units)
Exports of Musical Instruments; Wind, Brass (Eg Trumpets) in Portugal
In 2022, the amount of musical instruments; wind, brass (eg trumpets) exported from Portugal soared to 18 units, rising by 800% on 2021. In general, exports recorded a significant expansion. Over the period under review, the exports of hit record highs at 27 units in 2020; however, from 2021 to 2022, the exports stood at a somewhat lower figure.
In value terms, exports of musical instruments; wind, brass (eg trumpets) skyrocketed to $17K in 2022. Overall, exports recorded significant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
| Export of Musical Instruments; Wind, Brass (Eg Trumpets) in Portugal (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Guinea-Bissau | N/A | N/A | N/A | 13.0 | 0% |
| United States | N/A | 5.0 | 0.2 | 3.9 | -11.7% |
| Russia | 0.5 | N/A | N/A | N/A | 0% |
| Nicaragua | 0.1 | N/A | N/A | N/A | 0% |
| Mozambique | N/A | 0.6 | N/A | N/A | 0% |
| Switzerland | 0.8 | N/A | N/A | N/A | 0% |
| Timor-Leste | N/A | 0.2 | N/A | N/A | 0% |
| Angola | N/A | N/A | N/A | N/A | 0% |
| Brazil | N/A | 1.8 | N/A | N/A | 0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 1.4 | 7.7 | 0.3 | 16.9 | 129.4% |
Top Export Markets for Musical Instruments; Wind, Brass (Eg Trumpets) from Portugal in 2022:
- Guinea-Bissau (16.0 units)
- United States (2.0 units)
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