Musical Boxes Price in Norway - 2023

Musical Boxes Price in Norway (CIF) - 2022

In 2022, the average musical boxes import price amounted to $6.9 per unit, increasing by 12% against the previous year. In general, import price indicated a measured expansion from 2012 to 2022: its price increased at an average annual rate of +3.8% 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 -11.3% against 2019 indices. The growth pace was the most rapid in 2017 when the average import price increased by 30%. The import price peaked at $7.8 per unit in 2019; however, from 2020 to 2022, import prices remained at a 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 Sweden ($20 per unit), while the price for Thailand ($2 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+11.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Musical Boxes Price in Norway (FOB) - 2022

The average musical boxes export price stood at $11 per unit in 2022, with a decrease of -27.1% against the previous year. Over the period under review, the export price, however, saw a strong increase. The most prominent rate of growth was recorded in 2014 an increase of 192%. As a result, the export price attained the peak level of $18 per unit. From 2015 to 2022, the average export prices remained at a somewhat lower figure.

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

From 2012 to 2022, the rate of growth in terms of prices for Sweden amounted to +4.3% per year.

Musical Boxes Imports in Norway

In 2022, after three years of growth, there was significant decline in supplies from abroad of musical boxeses, when their volume decreased by -13.9% to 24K units. Over the period under review, imports, however, enjoyed a significant expansion. The pace of growth was the most pronounced in 2020 with an increase of 145% against the previous year. Imports peaked at 28K units in 2021, and then reduced in the following year.

In value terms, musical boxes imports dropped slightly to $168K in 2022. In general, imports, however, posted a significant increase. The most prominent rate of growth was recorded in 2020 with an increase of 134% against the previous year. Over the period under review, imports attained the peak figure at $173K in 2021, and then declined modestly in the following year.

Import of Musical Boxes in Norway (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
China	31.0	101	60.4	85.3	40.1%
Sweden	0.9	4.0	16.5	23.3	195.8%
Germany	24.0	7.5	8.4	16.3	-12.1%
Netherlands	1.3	9.1	7.7	10.9	103.2%
Thailand	4.5	14.5	6.7	9.4	27.8%
Switzerland	1.3	4.1	4.2	6.0	66.5%
Denmark	0.3	0.4	0.1	4.6	148.4%
Belgium	1.7	12.5	0.7	3.8	30.8%
Others	4.3	9.0	68.7	8.2	24.0%
Total	69.3	162	173	168	34.3%

Top Suppliers of Musical Boxes to Norway in 2022:

China (11.6K units)
Thailand (4.7K units)
Netherlands (2.1K units)
Switzerland (1.3K units)
Sweden (1.1K units)
Germany (1.1K units)
Denmark (0.5K units)
Belgium (0.5K units)

Musical Boxes Exports in Norway

In 2022, exports of musical boxeses from Norway surged to 187 units, with an increase of 240% compared with 2021. Over the period under review, exports showed a moderate expansion. Over the period under review, the exports reached the peak figure at 319 units in 2020; however, from 2021 to 2022, the exports failed to regain momentum.

In value terms, musical boxes exports soared to $2K in 2022. In general, exports saw a resilient expansion. The exports peaked at $3.2K in 2020; however, from 2021 to 2022, the exports stood at a somewhat lower figure.