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

Contents:

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

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

In 2022, the average import price for musical instruments; wind, brass (eg trumpets) amounted to $635 per unit, growing by 49% against the previous year. Over the period under review, the import price saw prominent growth. The pace of growth appeared the most rapid in 2013 when the average import price increased by 160%. Over the period under review, average import prices reached the maximum in 2022 and is expected to retain growth in years to come.

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 the Netherlands ($782 per unit), while the price for Poland ($84 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Spain (+47.5%), while the prices for the other major suppliers experienced more modest paces of growth.

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

The average export price for musical instruments; wind, brass (eg trumpets) stood at $438 per unit in 2022, with a decrease of -19.5% against the previous year. In general, the export price, however, posted a resilient expansion. The most prominent rate of growth was recorded in 2015 when the average export price increased by 953% against the previous year. The export price peaked at $34,919 per unit in 2018; however, from 2019 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the Netherlands ($565 per unit), while the average price for exports to France ($81 per unit) was amongst the lowest.

From 2014 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the United States (+1.2%), while the prices for the other major destinations experienced a decline.

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

Imports of musical instruments; wind, brass (eg trumpets) into Luxembourg plummeted to 429 units in 2022, with a decrease of -29.6% on the previous year. Overall, imports showed a deep slump. The most prominent rate of growth was recorded in 2021 when imports increased by 41% against the previous year. Imports peaked at 806 units in 2019; however, from 2020 to 2022, imports failed to regain momentum.

In value terms, imports of musical instruments; wind, brass (eg trumpets) expanded markedly to $272K in 2022. Over the period under review, imports saw a pronounced shrinkage. The most prominent rate of growth was recorded in 2021 with an increase of 69% against the previous year. Imports peaked at $312K in 2019; however, from 2020 to 2022, imports remained at a lower figure.

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

1. Germany (173.0 units)
2. France (135.0 units)
3. Netherlands (58.0 units)
4. Spain (15.0 units)
5. Poland (13.0 units)
6. Belgium (10.0 units)
7. China (9.0 units)
8. United Kingdom (2.0 units)

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

After three years of growth, shipments abroad of musical instruments; wind, brass (eg trumpets) decreased by 0% to 10 units in 2022. Overall, exports continue to indicate significant growth. The pace of growth was the most pronounced in 2021 when exports increased by 400%. The exports peaked in 2022 and are expected to retain growth in the near future.

In value terms, exports of musical instruments; wind, brass (eg trumpets) dropped notably to $4.4K in 2022. Over the period under review, exports posted significant growth. The growth pace was the most rapid in 2020 when exports increased by 496%. The exports peaked at $5.4K in 2021, and then contracted remarkably in the following year.

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

1. Netherlands (7.0 units)
2. Poland (1.0 units)
3. Germany (1.0 units)
4. France (1.0 units)

Source: IndexBox Market Intelligence Platform