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

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

In 2022, the average import price for musical instruments; wind, brass (eg trumpets) amounted to $643 per unit, which is down by -38.3% against the previous year. Overall, the import price showed a pronounced shrinkage. The pace of growth appeared the most rapid in 2014 an increase of 159% against the previous year. As a result, import price attained the peak level of $1,200 per unit. From 2015 to 2022, the average import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($769 per unit), while the price for Belgium ($42 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Belgium (+38.7%), while the prices for the other major suppliers experienced mixed trend patterns.

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

The average export price for musical instruments; wind, brass (eg trumpets) stood at $487 per unit in 2021, rising by 10% against the previous year. In general, the export price, however, continues to indicate a abrupt setback. The pace of growth appeared the most rapid in 2014 an increase of 37% against the previous year. Over the period under review, the average export prices attained the peak figure at $3,894 per unit in 2018; however, from 2019 to 2021, the export prices failed to regain momentum.

As there is only one major export destination, the average price level is determined by prices for Russia.

From 2012 to 2021, the rate of growth in terms of prices for Russia amounted to -6.3% per year.

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

In 2022, the amount of musical instruments; wind, brass (eg trumpets) imported into Estonia soared to 154 units, with an increase of 38% against the year before. Over the period under review, imports saw a perceptible expansion. The most prominent rate of growth was recorded in 2020 when imports increased by 62%. As a result, imports reached the peak of 224 units. From 2021 to 2022, the growth of imports of failed to regain momentum.

In value terms, imports of musical instruments; wind, brass (eg trumpets) reduced rapidly to $99K in 2022. Overall, total imports indicated a modest expansion from 2019 to 2022: its value increased at an average annual rate of +1.6% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by -31.1% against 2020 indices. The pace of growth was the most pronounced in 2020 when imports increased by 52% against the previous year. As a result, imports attained the peak of $144K. From 2021 to 2022, the growth of imports of remained at a lower figure.

Import of Musical Instruments; Wind, Brass (Eg Trumpets) in Estonia (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Germany	44.0	73.8	79.7	84.6	24.3%
Taiwan (Chinese)	1.2	N/A	N/A	10.5	106.1%
United Kingdom	0.5	49.8	6.2	2.0	58.7%
China	35.7	N/A	0.9	1.5	-65.2%
Belgium	N/A	N/A	N/A	0.4	0%
United States	12.1	7.0	7.7	N/A	-20.2%
Others	1.0	13.3	22.2	0.1	-53.6%
Total	94.4	144	117	99.1	1.6%

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

Germany (110.0 units)
Taiwan (Chinese) (25.0 units)
Belgium (10.0 units)
China (4.0 units)
United Kingdom (3.0 units)

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

Exports of musical instruments; wind, brass (eg trumpets) from Estonia dropped notably to 4 units in 2021, reducing by -96.6% on the previous year. Overall, exports saw a dramatic decrease. The exports peaked at 118 units in 2020, and then declined rapidly in the following year.

In value terms, exports of musical instruments; wind, brass (eg trumpets) shrank significantly to $1.9K in 2021. In general, exports saw a dramatic contraction. Over the period under review, the exports of hit record highs at $52K in 2020, and then fell markedly in the following year.