Luxembourg - Percussion Musical Instruments - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPercussion Musical Instrument Price in Luxembourg - 2023
Contents:
- Percussion Musical Instrument Price in Luxembourg (CIF) - 2022
- Percussion Musical Instrument Price in Luxembourg (FOB) - 2022
- Percussion Musical Instrument Imports in Luxembourg
- Percussion Musical Instrument Exports in Luxembourg
Percussion Musical Instrument Price in Luxembourg (CIF) - 2022
In 2022, the average percussion musical instrument import price amounted to $57 per unit, reducing by -9.7% against the previous year. Over the period under review, the import price showed a mild downturn. The pace of growth appeared the most rapid in 2017 when the average import price increased by 14%. The import price peaked at $76 per unit in 2019; however, from 2020 to 2022, import prices stood at a somewhat lower figure.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from Turkey ($57 per unit) and Taiwan (Chinese) ($57 per unit), while the price for the United States ($56 per unit) and the Netherlands ($56 per unit) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+0.3%), while the prices for the other major suppliers experienced a decline.
Percussion Musical Instrument Price in Luxembourg (FOB) - 2022
In 2022, the average percussion musical instrument export price amounted to $69 per unit, surging by 61% against the previous year. Over the period under review, export price indicated a tangible expansion from 2012 to 2022: its price increased at an average annual rate of +4.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Over the period under review, the average export prices attained the maximum at $72 per unit in 2018; however, from 2019 to 2022, the export prices stood at a somewhat lower figure.
Average prices varied noticeably for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Canada ($70 per unit), while the average price for exports to Belgium stood at $61 per unit.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Belgium (+3.3%).
Percussion Musical Instrument Imports in Luxembourg
In 2022, the amount of percussion musical instruments imported into Luxembourg expanded markedly to 8K units, picking up by 14% compared with 2021. In general, total imports indicated a buoyant increase from 2019 to 2022: its volume increased at an average annual rate of +14.5% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +51.9% against 2020 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 33% against the previous year. Over the period under review, imports reached the peak figure in 2022 and are expected to retain growth in the near future.
In value terms, percussion musical instrument imports rose slightly to $459K in 2022. The total import value increased at an average annual rate of +4.1% over the period from 2019 to 2022; however, the trend pattern remained consistent, with only minor fluctuations in certain years. The growth pace was the most rapid in 2021 with an increase of 20%. Imports peaked in 2022 and are expected to retain growth in years to come.
Import of Percussion Musical Instrument in Luxembourg (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Germany | 152 | 148 | 163 | 150 | -0.4% |
Netherlands | 150 | 134 | 139 | 142 | -1.8% |
China | 6.1 | 10.1 | 10.9 | 41.3 | 89.2% |
France | 4.9 | 5.5 | 24.2 | 35.2 | 93.0% |
Taiwan (Chinese) | 2.2 | 1.7 | 1.1 | 14.5 | 87.5% |
United States | 19.0 | 11.7 | 56.8 | 12.0 | -14.2% |
Turkey | 4.1 | 3.6 | 4.9 | 10.6 | 37.2% |
Belgium | 8.1 | 9.9 | 12.4 | 9.3 | 4.7% |
United Kingdom | 5.5 | 20.1 | 3.6 | 1.8 | -31.1% |
Others | 54.9 | 27.8 | 30.1 | 41.7 | -8.8% |
Total | 407 | 373 | 446 | 459 | 4.1% |
Top Suppliers of Percussion Musical Instrument to Luxembourg in 2022:
- Germany (2681.0 units)
- Netherlands (2539.0 units)
- China (735.0 units)
- France (626.0 units)
- Taiwan (Chinese) (254.0 units)
- United States (215.0 units)
- Turkey (186.0 units)
- Belgium (166.0 units)
- United Kingdom (32.0 units)
Percussion Musical Instrument Exports in Luxembourg
In 2022, after three years of growth, there was significant decline in shipments abroad of percussion musical instruments, when their volume decreased by -66.7% to 21 units. Overall, exports, however, recorded a significant expansion. The pace of growth was the most pronounced in 2020 with an increase of 244% against the previous year. The exports peaked at 63 units in 2021, and then declined sharply in the following year.
In value terms, percussion musical instrument exports declined significantly to $1.4K in 2022. Over the period under review, exports, however, posted a significant expansion. The pace of growth was the most pronounced in 2020 when exports increased by 193% against the previous year. Over the period under review, the exports hit record highs at $2.7K in 2021, and then reduced rapidly in the following year.
Export of Percussion Musical Instrument in Luxembourg (USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Canada | N/A | N/A | N/A | 1,264 | 0% |
Belgium | 520 | 241 | 889 | 183 | -29.4% |
United States | N/A | 586 | N/A | N/A | 0% |
Serbia | N/A | N/A | 1,803 | N/A | 0% |
Taiwan (Chinese) | N/A | 762 | N/A | N/A | 0% |
Others | 22.0 | N/A | N/A | N/A | 0% |
Total | 542 | 1,589 | 2,692 | 1,447 | 38.7% |
Top Export Markets for Percussion Musical Instrument from Luxembourg in 2022:
- Canada (18.0 units)
- Belgium (3.0 units)
This report provides an in-depth analysis of the percussion musical instrument market in Luxembourg. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 32201510 - Percussion musical instruments
Country coverage:
- Luxembourg
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Luxembourg
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
This report provides an in-depth analysis of the percussion musical instrument market in Luxembourg.
This report provides an in-depth analysis of the global percussion musical instrument market.
This report provides an in-depth analysis of the percussion musical instrument market in Luxembourg.
This report provides an in-depth analysis of the global percussion musical instrument market.
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