Price for Musical Instruments; Wind, Brass (Eg Trumpets) in Bulgaria - 2023

Contents:

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

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

In 2022, the average import price for musical instruments; wind, brass (eg trumpets) amounted to $126 per unit, rising by 16% against the previous year. Overall, the import price, however, recorded a deep reduction. The pace of growth appeared the most rapid in 2019 when the average import price increased by 117% against the previous year. Over the period under review, average import prices attained the maximum at $259 per unit in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was France ($340 per unit), while the price for the Netherlands ($44 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (+21.9%), while the prices for the other major suppliers experienced mixed trend patterns.

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

In 2022, the average export price for musical instruments; wind, brass (eg trumpets) amounted to $21 per unit, shrinking by -79% against the previous year. Over the period under review, the export price showed a sharp curtailment. The most prominent rate of growth was recorded in 2016 when the average export price increased by 46%. The export price peaked at $672 per unit in 2012; however, from 2013 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 Romania ($138 per unit), while the average price for exports to Germany stood at $21 per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Romania (-13.7%).

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

For the fourth consecutive year, Bulgaria recorded growth in overseas purchases of musical instruments; wind, brass (eg trumpets), which increased by 19% to 1.2K units in 2022. In general, imports saw a significant expansion. The pace of growth appeared the most rapid in 2021 when imports increased by 48% against the previous year. Imports peaked in 2022 and are expected to retain growth in the near future.

In value terms, imports of musical instruments; wind, brass (eg trumpets) soared to $147K in 2022. Over the period under review, imports enjoyed a significant increase. The pace of growth appeared the most rapid in 2021 with an increase of 49% against the previous year. Over the period under review, imports of reached the peak figure in 2022 and are expected to retain growth in the near future.

Import of Musical Instruments; Wind, Brass (Eg Trumpets) in Bulgaria (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany61.765.310410318.6%
FranceN/AN/AN/A18.40%
China2.44.81.211.970.5%
NetherlandsN/AN/A0.92.9222.2%
Italy0.70.3N/A2.041.9%
OthersN/A1.10.49.0186.0%
Total64.871.510614731.4%

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

  1. Germany (921.0 units)
  2. China (80.0 units)
  3. Netherlands (67.0 units)
  4. France (54.0 units)
  5. Italy (36.0 units)

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

In 2022, exports of musical instruments; wind, brass (eg trumpets) from Bulgaria skyrocketed to 1.4K units, growing by 86% on 2021 figures. Over the period under review, exports posted significant growth. The most prominent rate of growth was recorded in 2020 when exports increased by 110%. As a result, the exports attained the peak of 1.4K units; afterwards, it flattened through to 2022.

In value terms, exports of musical instruments; wind, brass (eg trumpets) dropped markedly to $29K in 2022. Overall, exports, however, recorded a significant curtailment. The most prominent rate of growth was recorded in 2020 when exports increased by 146%. As a result, the exports reached the peak of $220K. From 2021 to 2022, the growth of the exports of remained at a lower figure.

Export of Musical Instruments; Wind, Brass (Eg Trumpets) in Bulgaria (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany52.820274.228.6-18.5%
Romania28.817.7N/A0.1-84.9%
Others7.8N/AN/A0.2-70.5%
Total89.422074.228.9-31.4%

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

  1. Germany (1368.0 units)
  2. Romania (1.0 units)

Source: IndexBox Market Intelligence Platform

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