Price for Musical Instruments; Wind, Brass (Eg Trumpets) in New Zealand - 2023
Contents:
- Price for Musical Instruments; Wind, Brass (Eg Trumpets) in New Zealand (CIF) - 2022
- Price for Musical Instruments; Wind, Brass (Eg Trumpets) in New Zealand (FOB) - 2022
- Imports of Musical Instruments; Wind, Brass (Eg Trumpets) in New Zealand
- Exports of Musical Instruments; Wind, Brass (Eg Trumpets) in New Zealand
Price for Musical Instruments; Wind, Brass (Eg Trumpets) in New Zealand (CIF) - 2022
The average import price for musical instruments; wind, brass (eg trumpets) stood at $1,348 per unit in 2022, with an increase of 24% against the previous year. In general, import price indicated a strong expansion from 2012 to 2022: its price increased at an average annual rate of +7.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for musical instruments; wind, brass (eg trumpets) increased by +102.2% against 2012 indices. As a result, import price attained the peak level and is likely to continue 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 Taiwan (Chinese) ($1,386 per unit) and the UK ($1,379 per unit), while the price for Australia ($1,328 per unit) and the United States ($1,351 per unit) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (+7.6%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Musical Instruments; Wind, Brass (Eg Trumpets) in New Zealand (FOB) - 2022
The average export price for musical instruments; wind, brass (eg trumpets) stood at $1,682 per unit in 2022, picking up by 2.2% against the previous year. Overall, the export price, however, saw a deep reduction. The pace of growth appeared the most rapid in 2014 when the average export price increased by 82%. The export price peaked at $11,208 per unit in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Germany ($3,016 per unit), while the average price for exports to Taiwan (Chinese) ($633 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 UK (+26.8%), while the prices for the other major destinations experienced mixed trend patterns.
Imports of Musical Instruments; Wind, Brass (Eg Trumpets) in New Zealand
In 2022, the amount of musical instruments; wind, brass (eg trumpets) imported into New Zealand reduced markedly to 462 units, with a decrease of -26.4% against the previous year. Overall, imports faced a abrupt slump. The most prominent rate of growth was recorded in 2021 when imports increased by 37%. Over the period under review, imports of hit record highs at 680 units in 2019; however, from 2020 to 2022, imports remained at a lower figure.
In value terms, imports of musical instruments; wind, brass (eg trumpets) reduced to $623K in 2022. In general, imports recorded a abrupt slump. The growth pace was the most rapid in 2021 when imports increased by 27%. Over the period under review, imports of reached the peak figure at $734K in 2019; however, from 2020 to 2022, imports failed to regain momentum.
| Import of Musical Instruments; Wind, Brass (Eg Trumpets) in New Zealand (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 132 | 140 | 148 | 175 | 9.9% |
| China | 185 | 184 | 183 | 141 | -8.7% |
| United States | 109 | 76.0 | 77.7 | 79.7 | -9.9% |
| France | 34.2 | 3.9 | 76.2 | 57.1 | 18.6% |
| Australia | 25.5 | 16.1 | 25.6 | 55.8 | 29.8% |
| Taiwan (Chinese) | 140 | 27.4 | 40.2 | 36.0 | -36.4% |
| Japan | 59.3 | 34.3 | 44.6 | 34.4 | -16.6% |
| Italy | 22.4 | 0.4 | 29.1 | N/A | 14.0% |
| Others | 26.0 | 58.0 | 60.8 | 43.8 | 19.0% |
| Total | 734 | 540 | 685 | 623 | -5.3% |
Top Suppliers of Musical Instruments; Wind, Brass (Eg Trumpets) to New Zealand in 2022:
- Germany (128.0 units)
- China (103.0 units)
- United States (59.0 units)
- Australia (42.0 units)
- France (42.0 units)
- Taiwan (Chinese) (26.0 units)
- Japan (25.0 units)
Exports of Musical Instruments; Wind, Brass (Eg Trumpets) in New Zealand
In 2022, overseas shipments of musical instruments; wind, brass (eg trumpets) decreased by -3.4% to 28 units, falling for the second consecutive year after two years of growth. Overall, exports continue to indicate a deep downturn. The most prominent rate of growth was recorded in 2020 when exports increased by 242% against the previous year. As a result, the exports attained the peak of 130 units. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.
In value terms, exports of musical instruments; wind, brass (eg trumpets) shrank slightly to $47K in 2022. Over the period under review, exports saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 with an increase of 324% against the previous year. As a result, the exports reached the peak of $203K. From 2021 to 2022, the growth of the exports of remained at a lower figure.
| Export of Musical Instruments; Wind, Brass (Eg Trumpets) in New Zealand (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Tonga | N/A | 137 | N/A | 20.9 | -60.9% |
| Germany | N/A | 10.8 | 2.8 | 12.1 | 5.8% |
| Australia | 27.1 | 42.5 | 1.8 | 6.3 | -38.5% |
| Netherlands | N/A | N/A | 31.0 | 1.9 | -93.9% |
| China | N/A | N/A | N/A | 1.6 | 0% |
| Taiwan (Chinese) | N/A | 1.8 | N/A | 1.3 | -15.0% |
| United Kingdom | 7.6 | 0.7 | N/A | 0.6 | -57.1% |
| Sweden | N/A | 4.5 | 4.9 | N/A | 8.9% |
| United Arab Emirates | 10.1 | N/A | N/A | N/A | 0% |
| Others | 2.9 | 5.0 | 7.2 | 2.5 | -4.8% |
| Total | 47.8 | 203 | 47.8 | 47.1 | -0.5% |
Top Export Markets for Musical Instruments; Wind, Brass (Eg Trumpets) from New Zealand in 2022:
- Tonga (12.0 units)
- Australia (4.0 units)
- Germany (4.0 units)
- Taiwan (Chinese) (2.0 units)
- Netherlands (2.0 units)
- China (2.0 units)
- United Kingdom (1.0 units)
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