Price for Music, Printed or in Manuscript in Ecuador - 2022

Contents:

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

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

The average import price for music, printed or in manuscript, whether or not bound or illustrated stood at $20,647 per ton in 2022, dropping by -8% against the previous year. In general, the import price, however, continues to indicate a buoyant increase. The most prominent rate of growth was recorded in 2014 an increase of 28%. Over the period under review, average import prices hit record highs at $22,434 per ton in 2021, and then dropped in the following year.

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 the UK ($190,167 per ton), while the price for South Korea ($5,242 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Argentina (+9.0%), while the prices for the other major suppliers experienced more modest paces of growth.

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

The average export price for music, printed or in manuscript, whether or not bound or illustrated stood at $20,098 per ton in 2022, reducing by -21.9% against the previous year. In general, the export price showed a perceptible reduction. The pace of growth was the most pronounced in 2021 when the average export price increased by 37%. Over the period under review, the average export prices reached the peak figure at $30,521 per ton in 2013; however, from 2014 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Switzerland ($94,909 per ton), while the average price for exports to Panama ($4,622 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 Switzerland (+5.3%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Music, Printed or in Manuscript in Ecuador

Music, printed or in manuscript imports into Ecuador totaled 215 kg in 2022, surging by 14% against the year before. Over the period under review, imports recorded a significant increase. The most prominent rate of growth was recorded in 2020 when imports increased by 112%. As a result, imports attained the peak of 244 kg. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, music, printed or in manuscript imports rose slightly to $4.4K in 2022. Overall, imports enjoyed significant growth. The most prominent rate of growth was recorded in 2020 when imports increased by 148%. As a result, imports reached the peak of $4.6K. From 2021 to 2022, the growth of imports remained at a lower figure.

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

1. Brazil (107.0 kg)
2. South Korea (62.0 kg)
3. Colombia (25.0 kg)
4. Argentina (12.0 kg)
5. United Kingdom (6.0 kg)

Exports of Music, Printed or in Manuscript in Ecuador

In 2022, approx. 928 kg of music, printed or in manuscript, whether or not bound or illustrated were exported from Ecuador; growing by 169% on 2021. Over the period under review, exports, however, showed a mild reduction.

In value terms, music, printed or in manuscript exports skyrocketed to $19K in 2022. In general, exports, however, recorded a slight decrease.

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

1. Mexico (835.0 kg)
2. Panama (82.0 kg)
3. Switzerland (11.0 kg)

Source: IndexBox Market Intelligence Platform