Musical Boxes Price in Portugal - 2023

Contents:

1. Musical Boxes Price in Portugal (CIF) - 2022
2. Musical Boxes Price in Portugal (FOB) - 2022
3. Musical Boxes Imports in Portugal
4. Musical Boxes Exports in Portugal

Musical Boxes Price in Portugal (CIF) - 2022

In 2022, the average musical boxes import price amounted to $3.6 per unit, rising by 4.7% against the previous year. In general, the import price, however, recorded a abrupt setback. The growth pace was the most rapid in 2018 when the average import price increased by 32%. As a result, import price attained the peak level of $9.5 per unit. From 2019 to 2022, the average 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 Germany ($9.2 per unit), while the price for France ($1.9 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+4.3%), while the prices for the other major suppliers experienced a decline.

Musical Boxes Price in Portugal (FOB) - 2022

In 2022, the average musical boxes export price amounted to $32 per unit, growing by 405% against the previous year. Over the period under review, the export price posted a buoyant increase. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Angola ($80 per unit), while the average price for exports to Mozambique ($7.3 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 (+88.9%), while the prices for the other major destinations experienced more modest paces of growth.

Musical Boxes Imports in Portugal

In 2022, the amount of musical boxeses imported into Portugal declined significantly to 17K units, with a decrease of -19.2% against 2021 figures. Overall, imports, however, recorded resilient growth. The most prominent rate of growth was recorded in 2021 when imports increased by 114%. As a result, imports attained the peak of 21K units, and then reduced sharply in the following year.

In value terms, musical boxes imports shrank markedly to $60K in 2022. In general, imports saw a deep slump. The most prominent rate of growth was recorded in 2021 with an increase of 45%. Over the period under review, imports reached the maximum at $80K in 2019; however, from 2020 to 2022, imports failed to regain momentum.

Top Suppliers of Musical Boxes to Portugal in 2022:

1. Hong Kong SAR (undefinedK units)
2. China (6.0K units)
3. France (3.9K units)
4. Spain (3.4K units)
5. Netherlands (0.8K units)
6. Turkey (0.7K units)
7. United States (0.5K units)
8. Belgium (0.4K units)

Musical Boxes Exports in Portugal

After three years of growth, overseas shipments of musical boxeses decreased by -85.7% to 9 units in 2022. Over the period under review, exports showed a deep reduction. The pace of growth appeared the most rapid in 2020 with an increase of 208%. The exports peaked at 63 units in 2021, and then fell significantly in the following year.

In value terms, musical boxes exports declined notably to $289 in 2022. Overall, exports continue to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 when exports increased by 114% against the previous year. As a result, the exports attained the peak of $394, and then contracted markedly in the following year.

Top Export Markets for Musical Boxes from Portugal in 2022:

1. Mozambique (5.0 units)
2. Angola (2.0 units)
3. France (2.0 units)

Source: IndexBox Market Intelligence Platform