Musical Boxes Price in Canada - 2023

Contents:

1. Musical Boxes Price in Canada (CIF) - 2022
2. Musical Boxes Price in Canada (FOB) - 2022
3. Musical Boxes Imports in Canada
4. Musical Boxes Exports in Canada

Musical Boxes Price in Canada (CIF) - 2022

In 2022, the average musical boxes import price amounted to $8.9 per unit, reducing by -3.4% against the previous year. Over the last decade, it increased at an average annual rate of +1.9%. The pace of growth appeared the most rapid in 2014 when the average import price increased by 32% against the previous year. Over the period under review, average import prices reached the maximum at $11 per unit in 2016; however, from 2017 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Switzerland ($12 per unit), while the price for Turkey ($0.3 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+10.5%), while the prices for the other major suppliers experienced a decline.

Musical Boxes Price in Canada (FOB) - 2022

In 2022, the average musical boxes export price amounted to $1.6 per unit, with a decrease of -85.3% against the previous year. Over the period under review, the export price recorded a deep slump. The most prominent rate of growth was recorded in 2015 when the average export price increased by 108% against the previous year. As a result, the export price attained the peak level of $27 per unit. From 2016 to 2022, the average export prices failed to regain momentum.

As there is only one major export destination, the average price level is determined by prices for South Africa.

From 2012 to 2022, the rate of growth in terms of prices for the United Arab Emirates amounted to +6.7% per year.

Musical Boxes Imports in Canada

In 2022, the amount of musical boxeses imported into Canada contracted to 147K units, falling by -7% compared with the year before. In general, imports recorded a abrupt curtailment. The most prominent rate of growth was recorded in 2021 with an increase of 16%. Imports peaked at 207K units in 2019; however, from 2020 to 2022, imports remained at a lower figure.

In value terms, musical boxes imports shrank to $1.3M in 2022. Overall, imports faced a abrupt decline. The growth pace was the most rapid in 2021 with an increase of 25%. Over the period under review, imports hit record highs at $1.9M in 2019; however, from 2020 to 2022, imports remained at a lower figure.

Top Suppliers of Musical Boxes to Canada in 2022:

1. Switzerland (102.7K units)
2. South Africa (34.2K units)
3. Turkey (10.3K units)

Musical Boxes Exports in Canada

In 2022, after two years of decline, there was significant growth in shipments abroad of musical boxeses, when their volume increased by 1,426% to 8.4K units. Overall, exports, however, continue to indicate a abrupt setback. The exports peaked at 9.8K units in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

In value terms, musical boxes exports skyrocketed to $14K in 2022. Over the period under review, exports, however, faced a precipitous setback. Over the period under review, the exports attained the maximum at $78K in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

Top Export Markets for Musical Boxes from Canada in 2022:

1. South Africa (8.4K units)

Source: IndexBox Market Intelligence Platform