Price for Musical Instruments; Wind, Brass (Eg Trumpets) in Myanmar - 2023
Contents:
- Price for Musical Instruments; Wind, Brass (Eg Trumpets) in Myanmar (CIF) - 2022
- Imports of Musical Instruments; Wind, Brass (Eg Trumpets) in Myanmar
Price for Musical Instruments; Wind, Brass (Eg Trumpets) in Myanmar (CIF) - 2022
The average import price for musical instruments; wind, brass (eg trumpets) stood at $19 per unit in 2022, shrinking by -87.4% against the previous year. Overall, the import price saw a precipitous setback. The most prominent rate of growth was recorded in 2015 an increase of 168%. As a result, import price reached the peak level of $933 per unit. From 2016 to 2022, the average import prices remained at a somewhat lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was China ($203 per unit), while the price for India totaled $10 per unit.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Malaysia (+14.3%), while the prices for the other major suppliers experienced more modest paces of growth.
Imports of Musical Instruments; Wind, Brass (Eg Trumpets) in Myanmar
In 2022, purchases abroad of musical instruments; wind, brass (eg trumpets) was finally on the rise to reach 210 units for the first time since 2019, thus ending a two-year declining trend. Overall, imports, however, faced a abrupt descent. Imports peaked at 297 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 notably to $4K in 2022. Over the period under review, imports, however, faced a dramatic downturn. The smallest decline of -45% was in 2020. Over the period under review, imports of attained the peak figure at $48K in 2019; however, from 2020 to 2022, imports failed to regain momentum.
| Import of Musical Instruments; Wind, Brass (Eg Trumpets) in Myanmar (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| India | N/A | N/A | N/A | 2.0 | 0% |
| China | 45.6 | 10.4 | 11.4 | 2.0 | -64.7% |
| Malaysia | 2.0 | N/A | N/A | N/A | 0% |
| United States | N/A | 15.8 | N/A | N/A | 0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 47.6 | 26.2 | 11.4 | 4.0 | -56.2% |
Top Suppliers of Musical Instruments; Wind, Brass (Eg Trumpets) to Myanmar in 2022:
- India (200.0 units)
- China (10.0 units)
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