Musical Boxes Price in the UK - 2023
Contents:
- Musical Boxes Price in the UK (CIF) - 2022
- Musical Boxes Price in the UK (FOB) - 2022
- Musical Boxes Imports in the UK
- Musical Boxes Exports in the UK
Musical Boxes Price in the UK (CIF) - 2022
In 2022, the average musical boxes import price amounted to $7.2 per unit, therefore, remained relatively stable against the previous year. In general, import price indicated a strong expansion from 2012 to 2022: its price increased at an average annual rate of +7.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, musical boxes import price decreased by -10.7% against 2020 indices. The pace of growth was the most pronounced in 2013 when the average import price increased by 80%. The import price peaked at $8 per unit in 2020; however, from 2021 to 2022, import prices remained at a lower figure.
Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were Switzerland ($8.4 per unit) and China ($7.4 per unit), while the price for France ($6.3 per unit) and Hong Kong SAR ($6.6 per unit) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+9.1%), while the prices for the other major suppliers experienced more modest paces of growth.
Musical Boxes Price in the UK (FOB) - 2022
In 2022, the average musical boxes export price amounted to $8.3 per unit, surging by 2.7% against the previous year. Overall, the export price continues to indicate a moderate increase. The pace of growth appeared the most rapid in 2014 an increase of 88%. The export price peaked at $15 per unit in 2015; however, from 2016 to 2022, the export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Qatar ($17 per unit), while the average price for exports to Denmark ($2.4 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 France (+12.9%), while the prices for the other major destinations experienced more modest paces of growth.
Musical Boxes Imports in the UK
In 2022, imports of musical boxeses into the UK fell dramatically to 1.1M units, declining by -42.5% compared with the year before. In general, imports saw a abrupt setback. The most prominent rate of growth was recorded in 2021 when imports increased by 581% against the previous year. As a result, imports attained the peak of 1.9M units, and then declined significantly in the following year.
In value terms, musical boxes imports reduced markedly to $7.9M in 2022. Overall, imports recorded a perceptible decline. The growth pace was the most rapid in 2021 when imports increased by 499% against the previous year. As a result, imports reached the peak of $14M, and then fell significantly in the following year.
| Import of Musical Boxes in the UK (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 7.7 | 1.8 | 9.7 | 5.9 | -8.5% |
| Hong Kong SAR | 0.1 | 0.1 | 0.9 | 1.0 | 115.4% |
| France | 0.3 | 0.1 | 0.5 | 0.4 | 10.1% |
| Germany | 0.1 | N/A | 0.3 | 0.2 | 26.0% |
| Switzerland | 0.3 | 0.1 | 0.2 | N/A | -18.4% |
| Others | 0.5 | 0.1 | 2.1 | 0.3 | -15.7% |
| Total | 9.0 | 2.3 | 13.6 | 7.9 | -4.3% |
Top Suppliers of Musical Boxes to the UK in 2022:
- China (801.7K units)
- Hong Kong SAR (152.3K units)
- France (65.5K units)
- Germany (35.4K units)
- Switzerland (1.8K units)
Musical Boxes Exports in the UK
In 2022, shipments abroad of musical boxeses decreased by -9.2% to 55K units for the first time since 2018, thus ending a three-year rising trend. The total export volume increased at an average annual rate of +10.5% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2020 when exports increased by 43% against the previous year. Over the period under review, the exports reached the peak figure at 61K units in 2021, and then shrank in the following year.
In value terms, musical boxes exports contracted to $456K in 2022. The total export value increased at an average annual rate of +8.8% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2020 with an increase of 19% against the previous year. The exports peaked at $489K in 2021, and then contracted in the following year.
| Export of Musical Boxes in the UK (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 25.2 | 64.6 | 67.8 | 69.2 | 40.0% |
| France | 38.6 | 47.7 | 13.5 | 30.0 | -8.1% |
| Netherlands | 4.4 | 8.7 | 10.3 | 24.7 | 77.7% |
| Ukraine | 12.6 | 19.7 | 18.1 | 22.1 | 20.6% |
| China | 9.8 | 7.1 | 20.9 | 21.4 | 29.7% |
| Ireland | 20.8 | 18.6 | 14.1 | 16.6 | -7.2% |
| Australia | 6.8 | 2.2 | 15.6 | 15.9 | 32.7% |
| Nigeria | 9.1 | 14.2 | 13.1 | 15.9 | 20.4% |
| Qatar | 14.5 | 19.1 | 14.9 | 15.4 | 2.0% |
| Spain | 11.5 | 25.2 | 11.8 | 14.4 | 7.8% |
| Italy | 7.3 | 18.4 | 10.8 | 7.6 | 1.4% |
| Belgium | 4.2 | 2.5 | 4.5 | 7.1 | 19.1% |
| Denmark | 3.0 | 0.6 | 2.9 | 3.0 | 0.0% |
| Others | 187 | 175 | 271 | 193 | 1.1% |
| Total | 354 | 423 | 489 | 456 | 8.8% |
Top Export Markets for Musical Boxes from the UK in 2022:
- Germany (14.0K units)
- China (8.5K units)
- Netherlands (4.7K units)
- France (4.3K units)
- Ireland (2.9K units)
- Australia (2.3K units)
- Spain (2.2K units)
- Nigeria (2.1K units)
- Ukraine (2.0K units)
- Denmark (1.2K units)
- Italy (1.0K units)
- Belgium (1.0K units)
- Qatar (0.9K units)
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