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

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

The average import price for musical instruments; wind, brass (eg trumpets) stood at $54 per unit in 2022, rising by 53% against the previous year. Over the period under review, the import price saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2019 an increase of 79%. The import price peaked at $58 per unit in 2016; however, from 2017 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 China ($72 per unit), while the price for Indonesia totaled $14 per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+6.0%).

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

Imports of musical instruments; wind, brass (eg trumpets) into Uruguay skyrocketed to 1.1K units in 2022, growing by 40% compared with the year before. In general, imports, however, showed a abrupt decrease. The pace of growth was the most pronounced in 2021 with an increase of 45% against the previous year. Over the period under review, imports of attained the peak figure at 1.5K units in 2019; however, from 2020 to 2022, imports failed to regain momentum.

In value terms, imports of musical instruments; wind, brass (eg trumpets) soared to $61K in 2022. Over the period under review, imports continue to indicate moderate growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.