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

Contents:

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

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

The average import price for musical instruments; wind, brass (eg trumpets) stood at $48 per unit in 2022, declining by -34.3% against the previous year. In general, the import price showed a abrupt descent. The growth pace was the most rapid in 2019 an increase of 37% against the previous year. As a result, import price attained the peak level of $132 per unit. From 2020 to 2022, the average import prices remained at a somewhat lower figure.

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 Japan ($104 per unit), while the price for China amounted to $26 per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Japan (+15.6%).

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

The average export price for musical instruments; wind, brass (eg trumpets) stood at $851 per unit in 2022, with an increase of 416% against the previous year. Overall, the export price saw prominent growth. The most prominent rate of growth was recorded in 2016 when the average export price increased by 538% against the previous year. Over the period under review, the average export prices hit record highs at $894 per unit in 2019; however, from 2020 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Germany ($1,165 per unit), while the average price for exports to Singapore ($97 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 Germany (+23.1%), while the prices for the other major destinations experienced more modest paces of growth.

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

In 2022, the amount of musical instruments; wind, brass (eg trumpets) imported into Thailand skyrocketed to 28K units, growing by 57% on 2021. Overall, total imports indicated strong growth from 2019 to 2022: its volume increased at an average annual rate of +12.5% over the last three-year period. 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) amounted to $1.3M in 2022. Over the period under review, imports, however, recorded a deep contraction. Over the period under review, imports of attained the maximum at $2.6M in 2019; however, from 2020 to 2022, imports remained at a lower figure.

Import of Musical Instruments; Wind, Brass (Eg Trumpets) in Thailand (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China903932569567-14.4%
Japan541516496465-4.9%
United States691122117117-44.7%
Others42029197.0171-25.9%
Total2,5551,8601,2791,319-19.8%

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

  1. China (22.2K units)
  2. Japan (4.5K units)
  3. United States (0.1K units)

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

In 2022, overseas shipments of musical instruments; wind, brass (eg trumpets) were finally on the rise to reach 12 units for the first time since 2019, thus ending a two-year declining trend. Overall, exports, however, saw a significant curtailment. The exports peaked at 54 units in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

In value terms, exports of musical instruments; wind, brass (eg trumpets) soared to $10K in 2022. In general, exports, however, faced a sharp contraction. Over the period under review, the exports of hit record highs at $48K in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

Export of Musical Instruments; Wind, Brass (Eg Trumpets) in Thailand (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany5.4N/AN/A9.319.9%
Indonesia13.2N/AN/A0.3-71.7%
MalaysiaN/AN/AN/A0.30%
United States0.80.11.50.2-37.0%
SingaporeN/AN/AN/A0.10%
ChinaN/AN/A0.1N/A0%
Australia0.5N/AN/AN/A0%
France13.8N/AN/AN/A0%
Taiwan (Chinese)0.5N/AN/AN/A0%
ItalyN/A3.1N/AN/A0%
Netherlands2.95.6N/AN/A93.1%
Others11.1N/AN/AN/A0%
Total48.38.81.710.2-40.4%

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

  1. Germany (8.0 units)
  2. United States (1.0 units)
  3. Malaysia (1.0 units)
  4. Indonesia (1.0 units)
  5. Singapore (1.0 units)

Source: IndexBox Market Intelligence Platform

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