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

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

The average import price for musical instruments; wind, brass (eg trumpets) stood at $67 per unit in 2022, which is down by -2.3% against the previous year. In general, the import price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when the average import price increased by 44%. Over the period under review, average import prices hit record highs at $97 per unit in 2013; however, from 2014 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($297 per unit), while the price for China ($47 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Vietnam (+3.0%), while the prices for the other major suppliers experienced mixed trend patterns.

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

The average export price for musical instruments; wind, brass (eg trumpets) stood at $1,655 per unit in 2022, increasing by 2.9% against the previous year. Over the period under review, the export price, however, saw a abrupt shrinkage. The most prominent rate of growth was recorded in 2019 when the average export price increased by 41%. Over the period under review, the average export prices reached the peak figure at $3,633 per unit in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Peru ($2,850 per unit), while the average price for exports to Bolivia ($1,635 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 Peru (+19.7%), while the prices for the other major destinations experienced a decline.

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

After two years of decline, overseas purchases of musical instruments; wind, brass (eg trumpets) increased by 12% to 18K units in 2022. Over the period under review, imports, however, showed a pronounced downturn. Imports peaked at 20K units in 2019; however, from 2020 to 2022, imports failed to regain momentum.

In value terms, imports of musical instruments; wind, brass (eg trumpets) rose markedly to $1.2M in 2022. In general, imports, however, continue to indicate a pronounced downturn. The growth pace was the most rapid in 2021 with an increase of 32%. Imports peaked at $1.4M in 2019; however, from 2020 to 2022, imports failed to regain momentum.

Import of Musical Instruments; Wind, Brass (Eg Trumpets) in Chile (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
China	959	451	574	688	-10.5%
Vietnam	0.4	51.8	83.1	145	613.0%
Panama	113	84.7	127	83.3	-9.7%
United States	108	174	188	74.6	-11.6%
Taiwan (Chinese)	15.9	1.0	34.8	12.7	-7.2%
Others	242	87.9	118	232	-1.4%
Total	1,438	850	1,126	1,235	-4.9%

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

China (14.6K units)
Panama (1.3K units)
Vietnam (0.9K units)
United States (0.3K units)
Taiwan (Chinese) (0.2K units)

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

In 2022, exports of musical instruments; wind, brass (eg trumpets) from Chile soared to 128 units, jumping by 49% against the previous year's figure. Overall, exports continue to indicate a significant expansion. The pace of growth appeared the most rapid in 2020 when exports increased by 135%. The exports peaked in 2022 and are expected to retain growth in years to come.

In value terms, exports of musical instruments; wind, brass (eg trumpets) surged to $212K in 2022. In general, exports continue to indicate a significant expansion. The growth pace was the most rapid in 2020 with an increase of 75%. Over the period under review, the exports of attained the peak figure in 2022 and are likely to see steady growth in years to come.