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

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

The average import price for musical instruments; wind, brass (eg trumpets) stood at $211 per unit in 2022, waning by -36.6% against the previous year. Overall, the import price saw a slight decline. The pace of growth was the most pronounced in 2018 when the average import price increased by 132% against the previous year. Over the period under review, average import prices reached the maximum at $332 per unit in 2021, and then shrank notably in the following year.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Sweden ($727 per unit), while the price for France ($19 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the UK (+23.8%), while the prices for the other major suppliers experienced more modest paces of growth.

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

The average export price for musical instruments; wind, brass (eg trumpets) stood at $114 per unit in 2022, shrinking by -15.1% against the previous year. Overall, the export price, however, enjoyed resilient growth. The pace of growth appeared the most rapid in 2016 an increase of 295%. The export price peaked at $1,139 per unit in 2020; however, from 2021 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Norway ($323 per unit), while the average price for exports to the UK stood at $66 per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Norway (+25.5%), while the prices for the other major destinations experienced more modest paces of growth.

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

For the fourth consecutive year, Denmark recorded growth in purchases abroad of musical instruments; wind, brass (eg trumpets), which increased by 91% to 5K units in 2022. In general, imports showed a significant expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, imports of musical instruments; wind, brass (eg trumpets) surged to $1M in 2022. Over the period under review, total imports indicated significant growth from 2019 to 2022: its value increased at an average annual rate of +21.6% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +79.8% against 2019 indices. The most prominent rate of growth was recorded in 2020 with an increase of 39%. Imports peaked in 2022 and are likely to see steady growth in the near future.

Import of Musical Instruments; Wind, Brass (Eg Trumpets) in Denmark (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Germany	453	588	736	856	23.6%
China	6.1	24.9	14.5	42.7	91.3%
France	13.6	0.1	0.1	35.3	37.4%
United States	6.5	21.8	17.6	22.7	51.7%
Poland	1.0	0.7	0.3	8.8	106.5%
United Kingdom	61.6	74.7	24.6	7.1	-51.3%
Others	39.3	100	69.3	72.2	22.5%
Total	581	810	862	1,045	21.6%

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

France (1898.0 units)
Germany (1691.0 units)
China (621.0 units)
Poland (437.0 units)
United States (97.0 units)
United Kingdom (34.0 units)

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

Exports of musical instruments; wind, brass (eg trumpets) from Denmark declined dramatically to 107 units in 2022, which is down by -50.2% against the year before. Over the period under review, exports, however, continue to indicate a significant increase. The pace of growth was the most pronounced in 2021 with an increase of 10,650% against the previous year. As a result, the exports reached the peak of 215 units, and then dropped significantly in the following year.

In value terms, exports of musical instruments; wind, brass (eg trumpets) dropped notably to $12K in 2022. In general, exports showed a abrupt setback. The most prominent rate of growth was recorded in 2021 with an increase of 1,165% against the previous year. As a result, the exports attained the peak of $29K, and then contracted markedly in the following year.