Price for Musical Instruments; Wind, Brass (Eg Trumpets) in Norway - 2024

Contents:

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

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

In 2022, the average import price for musical instruments; wind, brass (eg trumpets) amounted to $512 per unit, which is down by -29.4% against the previous year. Over the period under review, import price indicated a moderate expansion from 2012 to 2022: its price increased at an average annual rate of +2.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2013 when the average import price increased by 54%. Over the period under review, average import prices reached the maximum at $787 per unit in 2014; however, from 2015 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($2,006 per unit), while the price for China ($280 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (+10.8%), while the prices for the other major suppliers experienced more modest paces of growth.

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

The average export price for musical instruments; wind, brass (eg trumpets) stood at $1,441 per unit in 2022, with an increase of 21% against the previous year. In general, the export price, however, saw a abrupt decrease. The most prominent rate of growth was recorded in 2016 an increase of 391% against the previous year. Over the period under review, the average export prices reached the peak figure at $6,534 per unit in 2013; however, from 2014 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Malaysia ($2,808 per unit), while the average price for exports to the Netherlands ($512 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 Switzerland (+33.9%), while the prices for the other major destinations experienced more modest paces of growth.

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

In 2022, overseas purchases of musical instruments; wind, brass (eg trumpets) increased by 67% to 5.4K units for the first time since 2019, thus ending a two-year declining trend. Over the period under review, total imports indicated a resilient expansion from 2019 to 2022: its volume increased at an average annual rate of +8.8% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, imports of musical instruments; wind, brass (eg trumpets) skyrocketed to $2.7M in 2022. The total import value increased at an average annual rate of +1.5% from 2019 to 2022; however, the trend pattern remained consistent, with only minor fluctuations being observed in certain years. As a result, imports reached the peak and are likely to continue growth in the immediate term.

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

1. China (3789.0 units)
2. Japan (398.0 units)
3. United States (327.0 units)
4. United Kingdom (238.0 units)
5. Germany (194.0 units)
6. Indonesia (134.0 units)
7. Taiwan (Chinese) (78.0 units)
8. France (54.0 units)

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

In 2022, exports of musical instruments; wind, brass (eg trumpets) from Norway reduced rapidly to 23 units, which is down by -37.8% compared with the previous year's figure. Overall, exports recorded a sharp curtailment. The pace of growth was the most pronounced in 2021 with an increase of 23% against the previous year. Over the period under review, the exports of attained the peak figure at 73 units in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

In value terms, exports of musical instruments; wind, brass (eg trumpets) contracted rapidly to $33K in 2022. Over the period under review, exports saw a dramatic contraction. The smallest decline of -14.3% was in 2021. The exports peaked at $125K in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

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

1. Germany (8.0 units)
2. United States (6.0 units)
3. France (3.0 units)
4. Sweden (2.0 units)
5. Netherlands (1.0 units)
6. Malaysia (1.0 units)
7. Switzerland (1.0 units)
8. Japan (1.0 units)

Source: IndexBox Market Intelligence Platform