Price for Musical Instruments; Wind, Brass (Eg Trumpets) in Australia - 2024

Contents:

1. Price for Musical Instruments; Wind, Brass (Eg Trumpets) in Australia (CIF) - 2022
2. Price for Musical Instruments; Wind, Brass (Eg Trumpets) in Australia (FOB) - 2022
3. Imports of Musical Instruments; Wind, Brass (Eg Trumpets) in Australia
4. Exports of Musical Instruments; Wind, Brass (Eg Trumpets) in Australia

Price for Musical Instruments; Wind, Brass (Eg Trumpets) in Australia (CIF) - 2022

The average import price for musical instruments; wind, brass (eg trumpets) stood at $393 per unit in 2022, rising by 11% against the previous year. In general, the import price, however, showed a pronounced contraction. The growth pace was the most rapid in 2018 when the average import price increased by 20%. The import price peaked at $572 per unit in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($2,228 per unit), while the price for China ($242 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (+3.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Musical Instruments; Wind, Brass (Eg Trumpets) in Australia (FOB) - 2022

The average export price for musical instruments; wind, brass (eg trumpets) stood at $2,656 per unit in 2022, rising by 163% against the previous year. Overall, the export price posted pronounced growth. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($13,838 per unit), while the average price for exports to New Zealand ($1,564 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 the Czech Republic (+163.8%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Musical Instruments; Wind, Brass (Eg Trumpets) in Australia

Imports of musical instruments; wind, brass (eg trumpets) into Australia reduced to 13K units in 2022, remaining relatively unchanged against the previous year's figure. Over the period under review, imports saw a abrupt decline. The most prominent rate of growth was recorded in 2021 when imports increased by 17%. Over the period under review, imports of hit record highs at 16K units in 2019; however, from 2020 to 2022, imports remained at a lower figure.

In value terms, imports of musical instruments; wind, brass (eg trumpets) expanded sharply to $5.3M in 2022. The total import value increased at an average annual rate of +1.2% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 when imports increased by 30% against the previous year. Imports peaked in 2022 and are expected to retain growth in years to come.

Top Suppliers of Musical Instruments; Wind, Brass (Eg Trumpets) to Australia in 2022:

1. China (8.8K units)
2. Taiwan (Chinese) (2.4K units)
3. Japan (0.9K units)
4. United States (0.6K units)
5. United Kingdom (0.5K units)

Exports of Musical Instruments; Wind, Brass (Eg Trumpets) in Australia

In 2022, approx. 12 units of musical instruments; wind, brass (eg trumpets) were exported from Australia; which is down by -71.4% against the previous year. Over the period under review, exports continue to indicate a sharp reduction. The most prominent rate of growth was recorded in 2021 with an increase of 20%. Over the period under review, the exports of reached the maximum at 173 units in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

In value terms, exports of musical instruments; wind, brass (eg trumpets) dropped significantly to $32K in 2022. Overall, exports showed a precipitous slump. The exports peaked at $301K in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

Top Export Markets for Musical Instruments; Wind, Brass (Eg Trumpets) from Australia in 2022:

1. New Zealand (8.0 units)
2. Papua New Guinea (2.0 units)
3. United States (1.0 units)
4. Netherlands (1.0 units)

Source: IndexBox Market Intelligence Platform