Price for Musical Instruments; Wind, Brass (Eg Trumpets) in Italy - 2023
Contents:
- Price for Musical Instruments; Wind, Brass (Eg Trumpets) in Italy (CIF) - 2022
- Price for Musical Instruments; Wind, Brass (Eg Trumpets) in Italy (FOB) - 2022
- Imports of Musical Instruments; Wind, Brass (Eg Trumpets) in Italy
- Exports of Musical Instruments; Wind, Brass (Eg Trumpets) in Italy
Price for Musical Instruments; Wind, Brass (Eg Trumpets) in Italy (CIF) - 2022
The average import price for musical instruments; wind, brass (eg trumpets) stood at $211 per unit in 2022, jumping by 18% against the previous year. Overall, the import price, however, recorded a noticeable curtailment. The growth pace was the most rapid in 2020 an increase of 24%. Over the period under review, average import prices hit record highs at $295 per unit in 2013; however, from 2014 to 2022, import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($690 per unit), while the price for Spain ($58 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+0.5%), while the prices for the other major suppliers experienced a decline.
Price for Musical Instruments; Wind, Brass (Eg Trumpets) in Italy (FOB) - 2022
The average export price for musical instruments; wind, brass (eg trumpets) stood at $178 per unit in 2022, increasing by 55% against the previous year. Over the period under review, the export price, however, recorded a mild slump. The pace of growth was the most pronounced in 2013 an increase of 116%. As a result, the export price attained the peak level of $454 per unit. From 2014 to 2022, the average export prices remained 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 Romania ($254 per unit), while the average price for exports to the UK ($27 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 Germany (+22.4%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Musical Instruments; Wind, Brass (Eg Trumpets) in Italy
In 2022, approx. 19K units of musical instruments; wind, brass (eg trumpets) were imported into Italy; picking up by 29% against 2021 figures. Over the period under review, imports, however, saw a abrupt shrinkage. Imports peaked at 26K 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 $4M in 2022. In general, imports continue to indicate strong growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Musical Instruments; Wind, Brass (Eg Trumpets) in Italy (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 742 | 621 | 803 | 1,162 | 16.1% |
| France | 1,047 | 605 | 728 | 1,127 | 2.5% |
| Germany | 606 | 368 | 493 | 853 | 12.1% |
| United States | 48.1 | 54.6 | 126 | 473 | 114.2% |
| Taiwan (Chinese) | 118 | 119 | 146 | 131 | 3.5% |
| Spain | 111 | 71.4 | 65.2 | 103 | -2.5% |
| United Kingdom | 170 | 60.8 | 91.3 | 56.7 | -30.7% |
| Poland | 47.0 | 25.1 | 22.2 | 2.2 | -64.0% |
| Others | 233 | 71.4 | 130 | 86.4 | -28.2% |
| Total | 3,123 | 1,996 | 2,604 | 3,994 | 8.5% |
Top Suppliers of Musical Instruments; Wind, Brass (Eg Trumpets) to Italy in 2022:
- China (9.9K units)
- Germany (3.5K units)
- France (2.1K units)
- Spain (1.8K units)
- United States (0.7K units)
- Taiwan (Chinese) (0.6K units)
- Poland (0.1K units)
- United Kingdom (0.1K units)
Exports of Musical Instruments; Wind, Brass (Eg Trumpets) in Italy
Exports of musical instruments; wind, brass (eg trumpets) from Italy reduced rapidly to 2.1K units in 2022, which is down by -62% compared with the year before. Overall, exports recorded a significant decline. The smallest decline of -22% was in 2020. Over the period under review, the exports of reached the maximum at 9.9K units in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.
In value terms, exports of musical instruments; wind, brass (eg trumpets) reduced rapidly to $381K in 2022. Over the period under review, total exports indicated a moderate expansion from 2019 to 2022: its value increased at an average annual rate of +2.5% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 when exports increased by 37% against the previous year. As a result, the exports reached the peak of $648K, and then fell markedly in the following year.
| Export of Musical Instruments; Wind, Brass (Eg Trumpets) in Italy (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 36.7 | 23.6 | 235 | 31.3 | -5.2% |
| Portugal | 0.7 | 1.0 | 2.1 | 17.7 | 193.5% |
| United Kingdom | 67.9 | 28.5 | 9.0 | 14.9 | -39.7% |
| Spain | 34.7 | 131 | 21.1 | 14.8 | -24.7% |
| Romania | 5.7 | 4.1 | 5.1 | 14.0 | 34.9% |
| France | 38.0 | 41.0 | 44.3 | 12.6 | -30.8% |
| Czech Republic | 12.9 | 11.0 | 10.4 | 5.9 | -23.0% |
| Austria | 12.8 | 4.6 | 6.2 | 5.3 | -25.5% |
| Slovakia | 7.3 | 11.1 | 4.8 | 4.2 | -16.8% |
| Greece | 0.6 | 2.4 | 2.5 | 3.8 | 85.0% |
| Others | 136 | 214 | 307 | 257 | 23.6% |
| Total | 354 | 472 | 648 | 381 | 2.5% |
Top Export Markets for Musical Instruments; Wind, Brass (Eg Trumpets) from Italy in 2022:
- United Kingdom (559.0 units)
- Spain (271.0 units)
- Germany (244.0 units)
- Czech Republic (221.0 units)
- Portugal (201.0 units)
- France (175.0 units)
- Austria (69.0 units)
- Romania (55.0 units)
- Slovakia (41.0 units)
- Greece (34.0 units)
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