Musical Boxes Price in Russia - 2022

Contents:

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

Musical Boxes Price in Russia (CIF) - 2022

The average musical boxes import price stood at $4.3 per unit in 2022, rising by 75% against the previous year. In general, the import price continues to indicate a buoyant increase. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Taiwan (Chinese) ($23 per unit), while the price for China ($1.7 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Belarus (+23.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Musical Boxes Price in Russia (FOB) - 2022

The average musical boxes export price stood at $15 per unit in 2022, waning by -17.7% against the previous year. In general, the export price, however, posted a buoyant increase. The most prominent rate of growth was recorded in 2020 when the average export price increased by 75%. The export price peaked at $18 per unit in 2021, and then shrank dramatically in the following year.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was China ($52 per unit), while the average price for exports to Germany ($1.3 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 Kazakhstan (+12.9%), while the prices for the other major destinations experienced more modest paces of growth.

Musical Boxes Imports in Russia

In 2022, approx. 35K units of musical boxeses were imported into Russia; declining by -49.6% compared with the previous year. In general, imports saw a sharp contraction. The most prominent rate of growth was recorded in 2021 with an increase of 49% against the previous year. Imports peaked at 291K units in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

In value terms, musical boxes imports declined to $152K in 2022. Over the period under review, imports continue to indicate a precipitous shrinkage. The pace of growth appeared the most rapid in 2021 when imports increased by 30% against the previous year. Over the period under review, imports hit record highs at $641K in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

Import of Musical Boxes in Russia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Thailand76.1N/AN/A40.6-18.9%
Taiwan (Chinese)33.9N/AN/A25.1-9.5%
Hong Kong SAR52.4N/AN/A16.2-32.4%
China31310213614.8-63.8%
Pakistan14.9N/AN/A12.7-5.2%
Italy47.718.823.48.7-43.3%
Belarus7.24.58.87.20.0%
Switzerland34.3N/AN/A3.6-52.8%
Others61.56.33.622.7-28.3%
Total641132171152-38.1%

Top Suppliers of Musical Boxes to Russia in 2022:

  1. Italy (undefinedK units)
  2. Thailand (12.6K units)
  3. China (8.6K units)
  4. Hong Kong SAR (3.9K units)
  5. Pakistan (3.5K units)
  6. Belarus (2.3K units)
  7. Taiwan (Chinese) (1.1K units)
  8. Switzerland (0.4K units)

Musical Boxes Exports in Russia

In 2022, shipments abroad of musical boxeses increased by 47% to 328 units for the first time since 2019, thus ending a two-year declining trend. In general, exports, however, showed a dramatic setback. Over the period under review, the exports hit record highs at 1.4K units in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

In value terms, musical boxes exports surged to $4.8K in 2022. Overall, exports, however, faced a dramatic curtailment. Over the period under review, the exports hit record highs at $9.8K in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

Export of Musical Boxes in Russia (USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States3,908200N/A1,185-32.8%
Belarus8832,4272,4001,1318.6%
China1,028N/AN/A753-9.9%
France7992,360N/A529-12.8%
Kazakhstan6844291,303515-9.0%
Armenia213N/AN/A172-6.9%
Spain155N/AN/A152-0.6%
Ukraine24953.0N/A122-21.2%
Brazil49.0N/AN/A36.0-9.8%
Serbia61.0N/A42.027.0-23.8%
Switzerland63.0N/A10.020.0-31.8%
Italy36.0N/A18.015.0-25.3%
Germany26.0N/AN/A11.0-24.9%
Others1,691146169110-59.8%
Total9,8455,6153,9424,778-21.4%

Top Export Markets for Musical Boxes from Russia in 2022:

  1. United States (89.0 units)
  2. Belarus (49.0 units)
  3. Armenia (40.0 units)
  4. Kazakhstan (27.0 units)
  5. Ukraine (23.0 units)
  6. France (16.0 units)
  7. China (14.0 units)
  8. Spain (14.0 units)
  9. Serbia (12.0 units)
  10. Italy (11.0 units)
  11. Germany (9.0 units)
  12. Brazil (8.0 units)
  13. Switzerland (5.0 units)

Source: IndexBox Market Intelligence Platform

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