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

Contents:

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

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

In 2022, the average import price for musical instruments; wind, brass (eg trumpets) amounted to $67 per unit, reducing by -59.3% against the previous year. Overall, the import price, however, saw a prominent increase. The most prominent rate of growth was recorded in 2020 when the average import price increased by 118% against the previous year. As a result, import price attained the peak level of $181 per unit. From 2021 to 2022, the average import prices failed to regain momentum.

As there is only one major supplying country, the average price level is determined by prices for China.

From 2012 to 2022, the rate of growth in terms of prices for China amounted to +11.2% per year.

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

The average export price for musical instruments; wind, brass (eg trumpets) stood at $72 per unit in 2022, which is down by -60.8% against the previous year. Overall, the export price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 an increase of 1,975% against the previous year. Over the period under review, the average export prices reached the peak figure at $395 per unit in 2019; however, from 2020 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Paraguay ($186 per unit), while the average price for exports to Spain ($1 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 Bolivia (+17.5%), while the prices for the other major destinations experienced mixed trend patterns.

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

In 2022, approx. 7.8K units of musical instruments; wind, brass (eg trumpets) were imported into Argentina; with an increase of 521% on 2021. Overall, imports saw significant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, imports of musical instruments; wind, brass (eg trumpets) surged to $522K in 2022. In general, imports posted significant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Import of Musical Instruments; Wind, Brass (Eg Trumpets) in Argentina (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China18.016.035.4505203.9%
Panama28.379.2132N/A116.0%
Others2.011.039.216.6102.5%
Total48.3106206522121.1%

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

  1. China (7.7K units)

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

In 2022, after two years of decline, there was significant decline in shipments abroad of musical instruments; wind, brass (eg trumpets), when their volume decreased by -41.7% to 7 units. Overall, exports showed a sharp curtailment. The exports peaked at 35 units in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

In value terms, exports of musical instruments; wind, brass (eg trumpets) fell remarkably to $507 in 2022. In general, exports faced a sharp setback. The smallest decline of -24.3% was in 2021. Over the period under review, the exports of reached the maximum at $14K in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

Export of Musical Instruments; Wind, Brass (Eg Trumpets) in Argentina (USD)
COUNTRY2019202020212022CAGR,
2019-2022
Paraguay4,8791,7381,440371-57.6%
Uruguay2,573781552121-63.9%
Chile1112981669.0-56.7%
Bolivia59.021.018.05.0-56.1%
Spain21694.043.01.0-83.3%
Panama5,920N/AN/AN/A0%
Others73.0N/AN/AN/A0%
Total13,8312,9322,219507-66.8%

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

  1. Paraguay (2.0 units)
  2. Uruguay (2.0 units)
  3. Bolivia (1.0 units)
  4. Chile (1.0 units)
  5. Spain (1.0 units)

Source: IndexBox Market Intelligence Platform

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