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

Contents:

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

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

In 2022, the average import price for musical instruments; wind, brass (eg trumpets) amounted to $689 per unit, surging by 31% against the previous year. Overall, the import price continues to indicate a remarkable increase. The pace of growth was the most pronounced in 2019 when the average import price increased by 138%. Over the period under review, average import prices hit record highs in 2022 and is likely to see gradual growth in the immediate term.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were the United States ($692 per unit) and Taiwan (Chinese) ($689 per unit), while the price for France ($685 per unit) and Germany ($686 per unit) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Croatia (+115.5%), while the prices for the other major suppliers experienced more modest paces of growth.

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

The average export price for musical instruments; wind, brass (eg trumpets) stood at $2,500 per unit in 2022, increasing by 192% against the previous year. Overall, the export price enjoyed a strong expansion. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($3,500 per unit), while the average price for exports to the UK ($1,000 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 (+335.3%), while the prices for the other major destinations experienced a decline.

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

In 2022, imports of musical instruments; wind, brass (eg trumpets) into Israel dropped sharply to 1.6K units, reducing by -29.1% compared with the previous year. Overall, imports faced a sharp downturn. The most prominent rate of growth was recorded in 2021 when imports increased by 26% against the previous year. Over the period under review, imports of hit record highs at 4.1K units in 2019; however, from 2020 to 2022, imports failed to regain momentum.

In value terms, imports of musical instruments; wind, brass (eg trumpets) contracted to $1.1M in 2022. In general, total imports indicated moderate growth from 2019 to 2022: its value increased at an average annual rate of +2.8% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +51.3% against 2020 indices. The pace of growth was the most pronounced in 2021 with an increase of 62% against the previous year. As a result, imports attained the peak of $1.1M, and then declined in the following year.

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

1. China (531.0 units)
2. Taiwan (Chinese) (235.0 units)
3. United Kingdom (177.0 units)
4. Japan (144.0 units)
5. United States (104.0 units)
6. Germany (102.0 units)
7. France (89.0 units)

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

After two years of decline, overseas shipments of musical instruments; wind, brass (eg trumpets) decreased by -71.4% to 4 units in 2022. Overall, exports faced a dramatic contraction. Over the period under review, the exports of reached the peak figure at 14 units in 2021, and then declined rapidly in the following year.

In value terms, exports of musical instruments; wind, brass (eg trumpets) shrank rapidly to $10K in 2022. In general, exports faced a significant decrease. The exports peaked at $22K in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

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

1. United States (2.0 units)
2. United Kingdom (1.0 units)
3. Australia (1.0 units)

Source: IndexBox Market Intelligence Platform