Price for Musical Instruments; Wind, Brass (Eg Trumpets) in Colombia - 2022
Contents:
- Price for Musical Instruments; Wind, Brass (Eg Trumpets) in Colombia (CIF) - 2022
- Price for Musical Instruments; Wind, Brass (Eg Trumpets) in Colombia (FOB) - 2022
- Imports of Musical Instruments; Wind, Brass (Eg Trumpets) in Colombia
- Exports of Musical Instruments; Wind, Brass (Eg Trumpets) in Colombia
Price for Musical Instruments; Wind, Brass (Eg Trumpets) in Colombia (CIF) - 2022
The average import price for musical instruments; wind, brass (eg trumpets) stood at $70 per unit in 2022, waning by -53.2% against the previous year. Over the period under review, the import price continues to indicate a perceptible contraction. The most prominent rate of growth was recorded in 2020 when the average import price increased by 68% against the previous year. As a result, import price attained the peak level of $192 per unit. From 2021 to 2022, the average import prices failed to regain momentum.
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 Japan ($1,087 per unit), while the price for China ($52 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Japan (+3.1%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Musical Instruments; Wind, Brass (Eg Trumpets) in Colombia (FOB) - 2022
The average export price for musical instruments; wind, brass (eg trumpets) stood at $485 per unit in 2022, with an increase of 21% against the previous year. Over the period under review, the export price showed a resilient increase. The pace of growth was the most pronounced in 2019 an increase of 372%. The export price peaked at $648 per unit in 2013; however, from 2014 to 2022, the export prices failed to regain momentum.
As there is only one major export destination, the average price level is determined by prices for Venezuela.
From 2012 to 2022, the rate of growth in terms of prices for Costa Rica amounted to +62.8% per year.
Imports of Musical Instruments; Wind, Brass (Eg Trumpets) in Colombia
Imports of musical instruments; wind, brass (eg trumpets) into Colombia skyrocketed to 10K units in 2022, increasing by 184% against the previous year's figure. In general, imports enjoyed a prominent increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, imports of musical instruments; wind, brass (eg trumpets) soared to $716K in 2022. Over the period under review, imports, however, continue to indicate a abrupt decrease. Imports peaked at $879K in 2019; however, from 2020 to 2022, imports remained at a lower figure.
| Import of Musical Instruments; Wind, Brass (Eg Trumpets) in Colombia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 457 | 244 | 158 | 514 | 4.0% |
| United States | 35.4 | 15.9 | 54.0 | 29.3 | -6.1% |
| Austria | 151 | 140 | 165 | N/A | 4.5% |
| Others | 236 | 274 | 161 | 173 | -9.8% |
| Total | 879 | 673 | 538 | 716 | -6.6% |
Top Suppliers of Musical Instruments; Wind, Brass (Eg Trumpets) to Colombia in 2022:
- China (10.0K units)
- United States (0.1K units)
Exports of Musical Instruments; Wind, Brass (Eg Trumpets) in Colombia
In 2022, approx. 12 units of musical instruments; wind, brass (eg trumpets) were exported from Colombia; with an increase of 9.1% on the previous year. The total export volume increased at an average annual rate of +2.9% from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded in certain years. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, exports of musical instruments; wind, brass (eg trumpets) surged to $5.8K in 2022. The total export value increased at an average annual rate of +3.8% from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
| Export of Musical Instruments; Wind, Brass (Eg Trumpets) in Colombia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Venezuela | 0.1 | 0.1 | 1.4 | 5.8 | 287.1% |
| Spain | 0.5 | 0.7 | 0.2 | N/A | -36.8% |
| Chile | 0.2 | 1.7 | 1.7 | N/A | 191.5% |
| China | 3.1 | N/A | N/A | N/A | 0% |
| Costa Rica | 1.0 | 1.6 | 0.6 | N/A | -22.5% |
| Panama | 0.4 | 0.7 | 0.2 | N/A | -29.3% |
| Bolivia | 0.1 | N/A | N/A | N/A | 0% |
| Others | N/A | N/A | 0.3 | N/A | 0% |
| Total | 5.2 | 4.8 | 4.4 | 5.8 | 3.7% |
Top Export Markets for Musical Instruments; Wind, Brass (Eg Trumpets) from Colombia in 2022:
- Venezuela (12.0 units)
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