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

Contents:

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

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

In 2022, the average import price for musical instruments; wind, brass (eg trumpets) amounted to $406 per unit, with an increase of 45% against the previous year. Over the period under review, the import price, however, continues to indicate a pronounced shrinkage. Over the period under review, average import prices reached the peak figure at $626 per unit in 2017; however, from 2018 to 2022, import prices stood at a somewhat lower figure.

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 Italy ($1,676 per unit), while the price for Pakistan ($134 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 (+18.5%), while the prices for the other major suppliers experienced more modest paces of growth.

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

The average export price for musical instruments; wind, brass (eg trumpets) stood at $393 per unit in 2022, with an increase of 190% against the previous year. In general, the export price, however, recorded a drastic downturn. Over the period under review, the average export prices attained the maximum at $1,128 per unit in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.

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 France ($3,108 per unit), while the average price for exports to Bosnia and Herzegovina amounted to $54 per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to France (+1,900.6%), while the prices for the other major destinations experienced a decline.

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

In 2022, overseas purchases of musical instruments; wind, brass (eg trumpets) decreased by -45.9% to 229 units for the first time since 2018, thus ending a three-year rising trend. In general, imports showed a abrupt curtailment. The pace of growth was the most pronounced in 2020 when imports increased by 21% against the previous year. Imports peaked at 423 units in 2021, and then fell rapidly in the following year.

In value terms, imports of musical instruments; wind, brass (eg trumpets) dropped remarkably to $93K in 2022. Over the period under review, imports showed a abrupt descent. The most prominent rate of growth was recorded in 2021 when imports increased by 1.3% against the previous year. Imports peaked at $121K in 2019; however, from 2020 to 2022, imports remained at a lower figure.

Import of Musical Instruments; Wind, Brass (Eg Trumpets) in Serbia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China46.134.835.533.3-10.3%
Germany20.859.05.423.23.7%
Japan6.61.531.215.332.3%
Italy14.8N/AN/A10.1-12.0%
FranceN/AN/A9.86.2-36.7%
United KingdomN/A0.3N/A2.9210.9%
PakistanN/A1.80.61.2-18.4%
United States16.5N/A3.90.4-71.1%
Spain0.2N/AN/AN/A0%
Czech Republic12.18.921.4N/A33.0%
Others4.010.910.90.3-57.8%
Total12111711992.9-8.4%

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

  1. China (160.0 units)
  2. Germany (23.0 units)
  3. Japan (14.0 units)
  4. Pakistan (9.0 units)
  5. France (8.0 units)
  6. Italy (6.0 units)
  7. United Kingdom (5.0 units)
  8. United States (1.0 units)

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

In 2022, shipments abroad of musical instruments; wind, brass (eg trumpets) decreased by -57.1% to 9 units for the first time since 2018, thus ending a three-year rising trend. Over the period under review, exports, however, enjoyed a significant increase. The pace of growth appeared the most rapid in 2021 with an increase of 2,000% against the previous year. As a result, the exports reached the peak of 21 units, and then shrank remarkably in the following year.

In value terms, exports of musical instruments; wind, brass (eg trumpets) soared to $3.5K in 2022. In general, exports, however, saw a significant increase. The most prominent rate of growth was recorded in 2021 with an increase of 1,838%. Over the period under review, the exports of hit record highs in 2022 and are expected to retain growth in years to come.

Export of Musical Instruments; Wind, Brass (Eg Trumpets) in Serbia (USD)
COUNTRY2019202020212022CAGR,
2019-2022
FranceN/AN/A2,6413,10817.7%
Bosnia and HerzegovinaN/AN/A178430141.6%
Montenegro10114730.0N/A-45.5%
OthersN/AN/AN/AN/A0%
Total1011472,8493,538227.2%

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

  1. Bosnia and Herzegovina (8.0 units)
  2. France (1.0 units)

Source: IndexBox Market Intelligence Platform

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