Price for Music, Printed or in Manuscript in Canada - 2023

Contents:

1. Price for Music, Printed or in Manuscript in Canada (CIF) - 2022
2. Price for Music, Printed or in Manuscript in Canada (FOB) - 2022
3. Imports of Music, Printed or in Manuscript in Canada
4. Exports of Music, Printed or in Manuscript in Canada

Price for Music, Printed or in Manuscript in Canada (CIF) - 2022

In 2022, the average import price for music, printed or in manuscript, whether or not bound or illustrated amounted to $34,381 per ton, declining by -13.9% against the previous year. In general, the import price, however, continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2014 when the average import price increased by 19% against the previous year. As a result, import price reached the peak level of $39,973 per ton. From 2015 to 2022, the average import prices remained at a somewhat lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the UK ($34,387 per ton), while the price for Germany ($34,381 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the UK (+0.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Music, Printed or in Manuscript in Canada (FOB) - 2022

The average export price for music, printed or in manuscript, whether or not bound or illustrated stood at $40,596 per ton in 2022, reducing by -8.3% against the previous year. Over the last decade, it increased at an average annual rate of +1.9%. The most prominent rate of growth was recorded in 2018 an increase of 21% against the previous year. Over the period under review, the average export prices attained the maximum at $44,277 per ton in 2021, and then contracted in the following year.

Average prices varied noticeably for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was France ($40,612 per ton), while the average price for exports to China ($40,540 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to France (+1.9%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Music, Printed or in Manuscript in Canada

In 2022, imports of music, printed or in manuscript, whether or not bound or illustrated into Canada dropped to 141 tons, shrinking by -10.1% against 2021 figures. Overall, imports continue to indicate a deep reduction. The most prominent rate of growth was recorded in 2021 with an increase of 9.8%.

In value terms, music, printed or in manuscript imports contracted notably to $4.8M in 2022. In general, imports saw a deep setback. The growth pace was the most rapid in 2021 with an increase of 13% against the previous year.

Top Suppliers of Music, Printed or in Manuscript to Canada in 2022:

1. United States (122.5 tons)
2. Germany (8.7 tons)
3. United Kingdom (3.1 tons)

Exports of Music, Printed or in Manuscript in Canada

For the third consecutive year, Canada recorded decline in overseas shipments of music, printed or in manuscript, whether or not bound or illustrated, which decreased by -53.4% to 10 tons in 2022. In general, exports continue to indicate a precipitous contraction. The smallest decline of -0.4% was in 2021.

In value terms, music, printed or in manuscript exports fell remarkably to $414K in 2022. Overall, exports continue to indicate a precipitous decline. The pace of growth was the most pronounced in 2021 when exports increased by 3.2% against the previous year.

Top Export Markets for Music, Printed or in Manuscript from Canada in 2022:

1. United States (9.4 tons)
2. France (0.3 tons)
3. China (0.2 tons)

Source: IndexBox Market Intelligence Platform