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

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

The average import price for musical instruments; wind, brass (eg trumpets) stood at $129 per unit in 2022, waning by -25.8% against the previous year. Over the period under review, the import price continues to indicate a noticeable decrease. The growth pace was the most rapid in 2013 when the average import price increased by 38% against the previous year. As a result, import price attained the peak level of $217 per unit. From 2014 to 2022, the average import prices failed to regain momentum.

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 Czech Republic ($792 per unit), while the price for China amounted to $88 per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+0.7%).

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

In 2022, the average export price for musical instruments; wind, brass (eg trumpets) amounted to $30 per unit, picking up by 8.1% against the previous year. Overall, the export price continues to indicate a strong expansion. The most prominent rate of growth was recorded in 2019 when the average export price increased by 123%. Over the period under review, the average export prices attained the peak figure in 2022 and is expected to retain growth in the immediate term.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($62 per unit), while the average price for exports to Montenegro ($0.8 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 Iraq (+15.9%), while the prices for the other major destinations experienced more modest paces of growth.

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

In 2022, approx. 6K units of musical instruments; wind, brass (eg trumpets) were imported into Turkey; increasing by 48% against the previous year. In general, total imports indicated a prominent increase from 2019 to 2022: its volume increased at an average annual rate of +13.4% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +50.6% against 2020 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, imports of musical instruments; wind, brass (eg trumpets) stood at $769K in 2022. The total import value increased at an average annual rate of +9.0% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 with an increase of 24%. Imports peaked in 2022 and are likely to continue growth in years to come.

Import of Musical Instruments; Wind, Brass (Eg Trumpets) in Turkey (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
China	396	363	354	491	7.4%
Czech Republic	64.4	147	168	131	26.7%
Others	132	57.6	180	147	3.7%
Total	593	568	702	769	9.0%

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

China (5.6K units)
Czech Republic (0.2K units)

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

Exports of musical instruments; wind, brass (eg trumpets) from Turkey dropped remarkably to 3.8K units in 2022, waning by -56.8% against 2021 figures. In general, exports, however, showed a significant increase. The most prominent rate of growth was recorded in 2021 with an increase of 4,647% against the previous year. As a result, the exports reached the peak of 8.7K units, and then reduced notably in the following year.

In value terms, exports of musical instruments; wind, brass (eg trumpets) contracted markedly to $113K in 2022. Overall, exports, however, recorded a significant expansion. The pace of growth appeared the most rapid in 2021 when exports increased by 6,016% against the previous year. As a result, the exports attained the peak of $242K, and then fell remarkably in the following year.

Export of Musical Instruments; Wind, Brass (Eg Trumpets) in Turkey (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
United States	N/A	N/A	12.0	28.6	138.3%
Turkmenistan	N/A	N/A	155	24.6	-84.1%
Germany	N/A	1.0	33.3	22.8	377.5%
France	N/A	N/A	6.7	3.5	-47.8%
Switzerland	N/A	N/A	0.9	2.4	166.7%
Israel	N/A	0.5	1.9	2.2	109.8%
Serbia	N/A	0.1	0.6	1.8	324.3%
Spain	N/A	N/A	1.3	1.4	7.7%
Azerbaijan	36.1	0.8	1.3	0.6	-74.5%
Montenegro	N/A	0.3	N/A	0.3	0.0%
Malta	N/A	N/A	0.6	N/A	0%
Others	6.5	1.3	28.5	24.9	56.5%
Total	42.5	4.0	242	113	38.5%