Price for Musical Instruments; Wind, Brass (Eg Trumpets) in Canada - 2024
Contents:
- Price for Musical Instruments; Wind, Brass (Eg Trumpets) in Canada (CIF) - 2024
- Price for Musical Instruments; Wind, Brass (Eg Trumpets) in Canada (FOB) - 2022
- Imports of Musical Instruments; Wind, Brass (Eg Trumpets) in Canada
- Exports of Musical Instruments; Wind, Brass (Eg Trumpets) in Canada
Price for Musical Instruments; Wind, Brass (Eg Trumpets) in Canada (CIF) - 2024
In December 2023, the average import price for musical instruments; wind, brass (eg trumpets) amounted to $364 per unit, growing by 26% against the previous month. Overall, the import price recorded notable growth. The pace of growth was the most pronounced in October 2023 an increase of 243% m-o-m. The import price peaked at $413 per unit in March 2023; however, from April 2023 to December 2023, import prices failed to regain momentum.
Prices varied noticeably by the country of origin: the country with the highest price was Japan ($1,634 per unit), while the price for Taiwan (Chinese) ($24.5 per unit) was amongst the lowest.
From January 2023 to December 2023, the most notable rate of growth in terms of prices was attained by Germany (+12.6%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Musical Instruments; Wind, Brass (Eg Trumpets) in Canada (FOB) - 2022
The average export price for musical instruments; wind, brass (eg trumpets) stood at $283 per unit in 2022, dropping by -59.4% against the previous year. Over the period under review, the export price showed a slight decline. The most prominent rate of growth was recorded in 2018 when the average export price increased by 118% against the previous year. Over the period under review, the average export prices hit record highs at $1,453 per unit in 2019; however, from 2020 to 2022, the export prices remained at a lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the UK ($798 per unit), while the average price for exports to China ($22 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 United States (+7.3%), while the prices for the other major destinations experienced a decline.
Imports of Musical Instruments; Wind, Brass (Eg Trumpets) in Canada
Imports of musical instruments; wind, brass (eg trumpets) into Canada surged to 12K units in 2022, increasing by 16% against 2021. Overall, imports, however, recorded a abrupt contraction. The growth pace was the most rapid in 2020 when imports increased by 17%. As a result, imports attained the peak of 21K units. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.
In value terms, imports of musical instruments; wind, brass (eg trumpets) surged to $3.5M in 2022. In general, imports, however, saw a abrupt curtailment. Imports peaked at $5.7M in 2019; however, from 2020 to 2022, imports failed to regain momentum.
| Import of Musical Instruments; Wind, Brass (Eg Trumpets) in Canada (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 1,864 | 1,407 | 584 | 1,271 | -12.0% |
| Japan | 1,289 | 874 | 403 | 813 | -14.2% |
| United States | 1,420 | 660 | 611 | 743 | -19.4% |
| Taiwan (Chinese) | 709 | 461 | 163 | 330 | -22.5% |
| Germany | 222 | 222 | 57.5 | 125 | -17.4% |
| United Kingdom | 63.7 | 40.8 | 150 | 88.8 | 11.7% |
| Others | 129 | 72.2 | 117 | 102 | -7.5% |
| Total | 5,696 | 3,737 | 2,086 | 3,473 | -15.2% |
Top Suppliers of Musical Instruments; Wind, Brass (Eg Trumpets) to Canada in 2022:
- China (6.5K units)
- Taiwan (Chinese) (1.8K units)
- United States (1.7K units)
- Japan (0.7K units)
- Germany (0.7K units)
- United Kingdom (0.4K units)
Exports of Musical Instruments; Wind, Brass (Eg Trumpets) in Canada
In 2022, the amount of musical instruments; wind, brass (eg trumpets) exported from Canada declined to 696 units, with a decrease of -5.3% against the previous year. Over the period under review, exports, however, continue to indicate significant growth. The most prominent rate of growth was recorded in 2021 with an increase of 2,434% against the previous year. As a result, the exports reached the peak of 735 units, and then reduced in the following year.
In value terms, exports of musical instruments; wind, brass (eg trumpets) contracted markedly to $197K in 2022. Overall, exports, however, showed significant growth. The growth pace was the most rapid in 2021 when exports increased by 1,326% against the previous year. As a result, the exports reached the peak of $513K, and then dropped markedly in the following year.
| Export of Musical Instruments; Wind, Brass (Eg Trumpets) in Canada (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 73.5 | 20.6 | 499 | 171 | 32.5% |
| United Kingdom | 1.9 | N/A | N/A | 8.8 | 66.7% |
| China | N/A | N/A | 3.6 | 7.9 | 119.4% |
| Spain | N/A | N/A | N/A | 6.2 | 0% |
| Italy | N/A | N/A | 1.9 | 2.5 | 31.6% |
| Others | 14.7 | 15.4 | 8.0 | 0.7 | -63.8% |
| Total | 90.1 | 35.9 | 513 | 197 | 29.8% |
Top Export Markets for Musical Instruments; Wind, Brass (Eg Trumpets) from Canada in 2022:
- China (360.0 units)
- United States (215.0 units)
- Spain (73.0 units)
- Italy (25.0 units)
- United Kingdom (11.0 units)
413
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