Price for Musical Instruments; Wind, Brass (Eg Trumpets) in Kuwait - 2022
Contents:
- Price for Musical Instruments; Wind, Brass (Eg Trumpets) in Kuwait (CIF) - 2022
- Imports of Musical Instruments; Wind, Brass (Eg Trumpets) in Kuwait
Price for Musical Instruments; Wind, Brass (Eg Trumpets) in Kuwait (CIF) - 2022
In 2022, the average import price for musical instruments; wind, brass (eg trumpets) amounted to $695 per unit, growing by 633% against the previous year. Overall, the import price showed a significant increase. As a result, import price reached the peak level and is likely to continue growth in the immediate term.
Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was China ($705 per unit), while the price for the UK totaled $516 per unit.
From 2013 to 2022, the most notable rate of growth in terms of prices was attained by China (+83.4%), while the prices for the other major suppliers experienced mixed trend patterns.
Imports of Musical Instruments; Wind, Brass (Eg Trumpets) in Kuwait
In 2022, approx. 18 units of musical instruments; wind, brass (eg trumpets) were imported into Kuwait; dropping by -59.1% on the previous year's figure. In general, imports continue to indicate a sharp curtailment. Over the period under review, imports of reached the peak figure at 111 units in 2020; however, from 2021 to 2022, imports remained at a lower figure.
In value terms, imports of musical instruments; wind, brass (eg trumpets) soared to $13K in 2022. Over the period under review, imports, however, showed a resilient expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.
Import of Musical Instruments; Wind, Brass (Eg Trumpets) in Kuwait (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 1.8 | 1.9 | 0.3 | 12.0 | 88.2% |
United Kingdom | 0.2 | 0.3 | 0.9 | 0.5 | 35.7% |
Japan | 5.2 | 5.9 | 2.4 | N/A | -32.1% |
Pakistan | 0.3 | 0.3 | 0.1 | N/A | -42.3% |
Others | 2.0 | 1.7 | 0.5 | N/A | -50.0% |
Total | 9.5 | 10.1 | 4.2 | 12.5 | 9.6% |
Top Suppliers of Musical Instruments; Wind, Brass (Eg Trumpets) to Kuwait in 2022:
- China (17.0 units)
- United Kingdom (1.0 units)
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