Musical Boxes Price in the United Arab Emirates - 2021

Contents:

  1. Musical Boxes Price in the United Arab Emirates (CIF) - 2022
  2. Musical Boxes Price in the United Arab Emirates (FOB) - 2022
  3. Musical Boxes Imports in the United Arab Emirates
  4. Musical Boxes Exports in the United Arab Emirates

Musical Boxes Price in the United Arab Emirates (CIF) - 2022

The average musical boxes import price stood at $7.2 per unit in 2022, surging by 39% against the previous year. Over the period under review, the import price continues to indicate a strong expansion. The most prominent rate of growth was recorded in 2015 when the average import price increased by 72%. The import price peaked in 2022 and is likely to see steady growth in the near future.

As there is only one major supplying country, the average price level is determined by prices for Switzerland.

From 2012 to 2022, the rate of growth in terms of prices for Thailand amounted to +7.3% per year.

Musical Boxes Price in the United Arab Emirates (FOB) - 2022

The average musical boxes export price stood at $8.7 per unit in 2022, with a decrease of -2.4% against the previous year. In general, the export price, however, continues to indicate a resilient increase. The most prominent rate of growth was recorded in 2016 an increase of 151% against the previous year. Over the period under review, the average export prices hit record highs at $8.9 per unit in 2021, and then fell in the following year.

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

From 2012 to 2022, the rate of growth in terms of prices for Congo amounted to +121.3% per year.

Musical Boxes Imports in the United Arab Emirates

In 2022, approx. 99K units of musical boxeses were imported into the United Arab Emirates; waning by -44.5% on the previous year's figure. Over the period under review, imports showed a sharp setback. The pace of growth appeared the most rapid in 2021 when imports increased by 23% against the previous year. Over the period under review, imports hit record highs at 237K units in 2019; however, from 2020 to 2022, imports failed to regain momentum.

In value terms, musical boxes imports contracted dramatically to $713K in 2022. Overall, imports, however, enjoyed buoyant growth. The most prominent rate of growth was recorded in 2021 when imports increased by 84% against the previous year. As a result, imports attained the peak of $924K, and then reduced remarkably in the following year.

Import of Musical Boxes in the United Arab Emirates (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Switzerland6.987.5346713369.3%
China357304458N/A13.3%
Thailand11872.18.4N/A-73.3%
Others51.638.81110.3-82.0%
Total53450292471310.1%

Top Suppliers of Musical Boxes to the United Arab Emirates in 2022:

  1. Switzerland (98.5K units)

Musical Boxes Exports in the United Arab Emirates

In 2022, musical boxes exports from the United Arab Emirates fell significantly to 1.8K units, which is down by -31.1% on the previous year. Over the period under review, exports recorded a dramatic curtailment. The most prominent rate of growth was recorded in 2021 with an increase of 164% against the previous year. Over the period under review, the exports reached the peak figure at 6.9K units in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

In value terms, musical boxes exports fell rapidly to $16K in 2022. Overall, exports saw a sharp contraction. The most prominent rate of growth was recorded in 2021 when exports increased by 190%. Over the period under review, the exports attained the maximum at $47K in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

Export of Musical Boxes in the United Arab Emirates (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
SwitzerlandN/AN/AN/A15.50%
Nigeria24.8N/AN/AN/A0%
Rwanda6.70.5N/AN/A-92.5%
Oman13.93.10.3N/A-85.3%
Saudi ArabiaN/AN/A20.8N/A0%
Others1.14.42.0N/A34.8%
Total46.68.023.115.5-30.7%

Top Export Markets for Musical Boxes from the United Arab Emirates in 2022:

  1. Switzerland (1.8K units)

Source: IndexBox Market Intelligence Platform

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Free Data: Musical boxes - United Arab Emirates