Price for Musical Instruments; Wind, Brass (Eg Trumpets) in the Dominican Republic - 2023
Contents:
- Price for Musical Instruments; Wind, Brass (Eg Trumpets) in the Dominican Republic (CIF) - 2022
- Price for Musical Instruments; Wind, Brass (Eg Trumpets) in the Dominican Republic (FOB) - 2022
- Imports of Musical Instruments; Wind, Brass (Eg Trumpets) in the Dominican Republic
- Exports of Musical Instruments; Wind, Brass (Eg Trumpets) in the Dominican Republic
Price for Musical Instruments; Wind, Brass (Eg Trumpets) in the Dominican Republic (CIF) - 2022
The average import price for musical instruments; wind, brass (eg trumpets) stood at $202 per unit in 2022, growing by 80% against the previous year. Overall, the import price, however, recorded a perceptible slump. The growth pace was the most rapid in 2019 an increase of 82%. The import price peaked at $296 per unit in 2012; however, from 2013 to 2022, import prices failed to regain momentum.
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 United States ($258 per unit), while the price for Switzerland ($43 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+0.9%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Musical Instruments; Wind, Brass (Eg Trumpets) in the Dominican Republic (FOB) - 2022
The average export price for musical instruments; wind, brass (eg trumpets) stood at $154 per unit in 2022, increasing by 49% against the previous year. Over the period under review, the export price saw a prominent increase. The growth pace was the most rapid in 2020 when the average export price increased by 6,647%. As a result, the export price attained the peak level of $169 per unit. From 2021 to 2022, the average export prices remained at a lower figure.
Average prices varied noticeably for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Cuba ($188 per unit), while the average price for exports to Haiti ($150 per unit) was amongst the lowest.
From 2014 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Haiti (+250.1%).
Imports of Musical Instruments; Wind, Brass (Eg Trumpets) in the Dominican Republic
After two years of decline, overseas purchases of musical instruments; wind, brass (eg trumpets) increased by 100% to 92 units in 2022. Over the period under review, imports, however, showed a precipitous contraction. Imports peaked at 1.9K 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) skyrocketed to $19K in 2022. In general, imports, however, saw a sharp slump. Over the period under review, imports of reached the maximum at $146K in 2019; however, from 2020 to 2022, imports failed to regain momentum.
| Import of Musical Instruments; Wind, Brass (Eg Trumpets) in the Dominican Republic (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 102 | 13.0 | 2.5 | 15.7 | -46.4% |
| United States | 18.1 | 3.9 | N/A | 2.6 | -47.6% |
| Switzerland | N/A | N/A | 0.9 | 0.3 | -66.7% |
| Others | 26.2 | 1.0 | 1.7 | N/A | -74.5% |
| Total | 146 | 17.9 | 5.2 | 18.6 | -49.7% |
Top Suppliers of Musical Instruments; Wind, Brass (Eg Trumpets) to the Dominican Republic in 2022:
- China (76.0 units)
- United States (10.0 units)
- Switzerland (6.0 units)
Exports of Musical Instruments; Wind, Brass (Eg Trumpets) in the Dominican Republic
In 2022, exports of musical instruments; wind, brass (eg trumpets) from the Dominican Republic declined rapidly to 30 units, shrinking by -90.7% against the previous year's figure. In general, exports, however, enjoyed a significant increase. The pace of growth appeared the most rapid in 2021 when exports increased by 10,667%. As a result, the exports reached the peak of 323 units, and then reduced markedly in the following year.
In value terms, exports of musical instruments; wind, brass (eg trumpets) reduced rapidly to $4.6K in 2022. Overall, exports, however, recorded a significant increase. The pace of growth was the most pronounced in 2021 when exports increased by 6,464% against the previous year. As a result, the exports attained the peak of $33K, and then contracted sharply in the following year.
| Export of Musical Instruments; Wind, Brass (Eg Trumpets) in the Dominican Republic (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Haiti | N/A | 0.5 | 32.1 | 4.1 | 186.4% |
| Cuba | N/A | N/A | N/A | 0.4 | 0% |
| United States | N/A | N/A | 0.6 | 0.2 | -66.7% |
| Others | N/A | N/A | 0.5 | N/A | 0% |
| Total | N/A | 0.5 | 33.2 | 4.6 | 203.3% |
Top Export Markets for Musical Instruments; Wind, Brass (Eg Trumpets) from the Dominican Republic in 2022:
- Haiti (27.0 units)
- Cuba (2.0 units)
- United States (1.0 units)
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