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

Contents:

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

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

In 2022, the average import price for musical instruments; wind, brass (eg trumpets) amounted to $566 per unit, with a decrease of -9.2% against the previous year. Overall, the import price saw a perceptible downturn. The pace of growth was the most pronounced in 2016 an increase of 186% against the previous year. Over the period under review, average import prices attained the peak figure at $1,309 per unit in 2014; however, from 2015 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($753 per unit), while the price for Italy ($135 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+1.0%), while the prices for the other major suppliers experienced more modest paces of growth.

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

The average export price for musical instruments; wind, brass (eg trumpets) stood at $675 per unit in 2022, rising by 52% against the previous year. Overall, the export price, however, saw a perceptible decrease. Over the period under review, the average export prices reached the peak figure at $1,052 per unit in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

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 Armenia ($2,591 per unit), while the average price for exports to Kazakhstan ($288 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 Armenia (+169.7%), while the prices for the other major destinations experienced more modest paces of growth.

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

In 2022, the amount of musical instruments; wind, brass (eg trumpets) imported into Lithuania fell dramatically to 319 units, which is down by -63.3% against 2021 figures. In general, imports showed a precipitous shrinkage. The most prominent rate of growth was recorded in 2021 with an increase of 142% against the previous year. As a result, imports reached the peak of 870 units, and then shrank markedly in the following year.

In value terms, imports of musical instruments; wind, brass (eg trumpets) dropped rapidly to $181K in 2022. Over the period under review, imports continue to indicate a precipitous slump. The most prominent rate of growth was recorded in 2021 when imports increased by 37%. As a result, imports attained the peak of $543K, and then dropped notably in the following year.

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

1. Germany (152.0 units)
2. France (103.0 units)
3. Italy (39.0 units)
4. Taiwan (Chinese) (11.0 units)

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

In 2022, after three years of growth, there was significant decline in overseas shipments of musical instruments; wind, brass (eg trumpets), when their volume decreased by -85.2% to 180 units. Over the period under review, exports showed a sharp slump. The most prominent rate of growth was recorded in 2021 when exports increased by 30% against the previous year. As a result, the exports reached the peak of 1.2K units, and then declined rapidly in the following year.

In value terms, exports of musical instruments; wind, brass (eg trumpets) contracted rapidly to $121K in 2022. In general, exports continue to indicate a precipitous descent. The most prominent rate of growth was recorded in 2021 when exports increased by 45%. As a result, the exports attained the peak of $542K, and then contracted remarkably in the following year.

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

1. Kazakhstan (75.0 units)
2. Russia (72.0 units)
3. Kyrgyzstan (16.0 units)
4. Armenia (16.0 units)

Source: IndexBox Market Intelligence Platform