Price for Musical Instruments; Wind, Brass (Eg Trumpets) in the UK - 2023
Contents:
- Price for Musical Instruments; Wind, Brass (Eg Trumpets) in the UK (CIF) - 2022
- Price for Musical Instruments; Wind, Brass (Eg Trumpets) in the UK (FOB) - 2022
- Imports of Musical Instruments; Wind, Brass (Eg Trumpets) in the UK
- Exports of Musical Instruments; Wind, Brass (Eg Trumpets) in the UK
Price for Musical Instruments; Wind, Brass (Eg Trumpets) in the UK (CIF) - 2022
In 2022, the average import price for musical instruments; wind, brass (eg trumpets) amounted to $139 per unit, shrinking by -2.6% against the previous year. In general, the import price recorded a mild decline. The most prominent rate of growth was recorded in 2019 when the average import price increased by 52% against the previous year. As a result, import price reached the peak level of $189 per unit. From 2020 to 2022, the average import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($700 per unit), while the price for China ($81 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 (+5.8%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Musical Instruments; Wind, Brass (Eg Trumpets) in the UK (FOB) - 2022
In 2022, the average export price for musical instruments; wind, brass (eg trumpets) amounted to $321 per unit, jumping by 18% against the previous year. Overall, the export price posted strong growth. The pace of growth was the most pronounced in 2014 when the average export price increased by 64%. Over the period under review, the average export prices hit record highs in 2022 and is expected to retain growth in years to come.
There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($502 per unit), while the average price for exports to Oman ($43 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Ireland (+24.2%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Musical Instruments; Wind, Brass (Eg Trumpets) in the UK
In 2022, purchases abroad of musical instruments; wind, brass (eg trumpets) was finally on the rise to reach 98K units for the first time since 2019, thus ending a two-year declining trend. In general, imports, however, saw a deep setback. Imports peaked at 119K units in 2019; however, from 2020 to 2022, imports failed to regain momentum.
In value terms, imports of musical instruments; wind, brass (eg trumpets) surged to $14M in 2022. Overall, imports, however, recorded a deep setback. Imports peaked at $23M in 2019; however, from 2020 to 2022, imports remained at a lower figure.
| Import of Musical Instruments; Wind, Brass (Eg Trumpets) in the UK (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 6.4 | 4.4 | 5.4 | 6.6 | 1.0% |
| Germany | 2.1 | 2.2 | 1.9 | 1.4 | -12.6% |
| United States | 0.8 | 1.7 | 1.2 | 1.3 | 17.6% |
| Taiwan (Chinese) | 1.4 | 0.9 | 0.8 | 1.1 | -7.7% |
| France | 4.9 | 1.9 | 0.4 | 0.7 | -47.7% |
| Czech Republic | 4.7 | 1.3 | 0.4 | 0.2 | -65.1% |
| Spain | 0.2 | 0.1 | N/A | N/A | -50.0% |
| Others | 2.0 | 1.4 | 1.3 | 2.2 | 3.2% |
| Total | 22.5 | 13.8 | 11.5 | 13.5 | -15.7% |
Top Suppliers of Musical Instruments; Wind, Brass (Eg Trumpets) to the UK in 2022:
- China (81.8K units)
- France (4.2K units)
- Taiwan (Chinese) (4.0K units)
- United States (2.2K units)
- Germany (2.0K units)
- Czech Republic (0.2K units)
Exports of Musical Instruments; Wind, Brass (Eg Trumpets) in the UK
In 2022, approx. 33K units of musical instruments; wind, brass (eg trumpets) were exported from the UK; surging by 2.5% on 2021. In general, exports, however, continue to indicate a sharp setback. The growth pace was the most rapid in 2021 with an increase of 19%. The exports peaked at 77K units in 2019; however, from 2020 to 2022, the exports remained at a lower figure.
In value terms, exports of musical instruments; wind, brass (eg trumpets) skyrocketed to $11M in 2022. Over the period under review, exports, however, recorded a abrupt decline. Over the period under review, the exports of reached the maximum at $14M in 2019; however, from 2020 to 2022, the exports failed to regain momentum.
| Export of Musical Instruments; Wind, Brass (Eg Trumpets) in the UK (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 1,750 | 1,334 | 2,160 | 4,288 | 34.8% |
| Germany | 3,166 | 911 | 825 | 779 | -37.3% |
| Australia | 178 | 365 | 652 | 563 | 46.8% |
| France | 1,259 | 632 | 641 | 537 | -24.7% |
| Netherlands | 462 | 187 | 299 | 427 | -2.6% |
| Italy | 592 | 264 | 259 | 317 | -18.8% |
| Hong Kong SAR | 345 | 169 | 203 | 299 | -4.7% |
| Spain | 508 | 329 | 261 | 246 | -21.5% |
| Sweden | 494 | 115 | 124 | 163 | -30.9% |
| Poland | 394 | 167 | 110 | 78.3 | -41.6% |
| Czech Republic | 189 | 80.8 | 60.8 | 77.4 | -25.7% |
| Austria | 266 | 44.9 | 87.9 | 54.5 | -41.0% |
| Oman | 93.9 | 18.3 | 43.8 | 10.8 | -51.4% |
| Others | 4,358 | 3,047 | 3,139 | 2,855 | -13.1% |
| Total | 14,054 | 7,664 | 8,865 | 10,695 | -8.7% |
Top Export Markets for Musical Instruments; Wind, Brass (Eg Trumpets) from the UK in 2022:
- United States (8.5K units)
- Netherlands (3.6K units)
- Australia (3.2K units)
- France (3.1K units)
- Germany (2.9K units)
- Italy (2.3K units)
- Spain (1.7K units)
- Poland (1.1K units)
- Hong Kong SAR (1.0K units)
- Sweden (0.5K units)
- Czech Republic (0.4K units)
- Oman (0.2K units)
- Austria (0.2K units)
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