Price for Musical Instruments; Wind, Brass (Eg Trumpets) in Germany - 2023

Price for Musical Instruments; Wind, Brass (Eg Trumpets) in Germany (FOB) - 2023

In October 2023, the average export price for musical instruments; wind, brass (eg trumpets) amounted to $952 per unit, surging by 2.9% against the previous month. Over the period under review, the export price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in April 2023 when the average export price increased by 28% m-o-m. As a result, the export price attained the peak level of $1,347 per unit. From May 2023 to October 2023, the the average export prices remained at a somewhat lower figure.

There were significant differences in the average prices for the major export markets. In October 2023, the country with the highest price was the United States ($5,507 per unit), while the average price for exports to Poland ($393 per unit) was amongst the lowest.

From November 2022 to October 2023, the most notable rate of growth in terms of prices was recorded for supplies to Portugal (+6.3%), while the prices for the other major destinations experienced more modest paces of growth.

Price for Musical Instruments; Wind, Brass (Eg Trumpets) in Germany (CIF) - 2023

In October 2023, the average import price for musical instruments; wind, brass (eg trumpets) amounted to $446 per unit, surging by 52% against the previous month. Overall, import price indicated notable growth from November 2022 to October 2023: its price increased at an average monthly rate of +2.1% over the last eleven-month period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on October 2023 figures, import price for musical instruments; wind, brass (eg trumpets) increased by +51.6% against September 2023 indices. The pace of growth was the most pronounced in July 2023 when the average import price increased by 68% month-to-month. Over the period under review, average import prices hit record highs in October 2023.

Prices varied noticeably by the country of origin: the country with the highest price was the United States ($2,198 per unit), while the price for China ($261 per unit) was amongst the lowest.

From November 2022 to October 2023, the most notable rate of growth in terms of prices was attained by the United States (+10.7%), while the prices for the other major suppliers experienced more modest paces of growth.

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

After two years of decline, overseas shipments of musical instruments; wind, brass (eg trumpets) increased by 59% to 47K units in 2022. Overall, total exports indicated strong growth from 2019 to 2022: its volume increased at an average annual rate of +7.4% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, exports of musical instruments; wind, brass (eg trumpets) skyrocketed to $44M in 2022. Over the period under review, exports saw a relatively flat trend pattern. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Export of Musical Instruments; Wind, Brass (Eg Trumpets) in Germany (Million USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
France	9.4	7.5	5.6	9.2	-0.7%
United States	5.6	5.0	6.7	7.2	8.7%
Austria	4.0	2.9	2.7	4.8	6.3%
Japan	6.0	3.7	5.1	4.8	-7.2%
Switzerland	2.6	1.6	1.4	1.9	-9.9%
Netherlands	1.7	1.1	1.0	1.7	0.0%
Spain	1.1	0.9	0.8	1.7	15.6%
Italy	1.1	0.8	0.8	1.3	5.7%
United Kingdom	0.7	0.6	1.0	1.3	22.9%
Czech Republic	1.0	0.6	0.6	0.9	-3.5%
Poland	1.0	0.7	0.6	0.7	-11.2%
Sweden	0.6	0.4	0.5	0.7	5.3%
Belgium	0.5	0.3	0.3	0.6	6.3%
Others	8.6	6.7	7.3	7.2	-5.8%
Total	43.8	32.9	34.4	44.0	0.2%

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

France (10.5K units)
Austria (5.0K units)
Spain (4.4K units)
Netherlands (3.5K units)
Italy (2.9K units)
United Kingdom (2.4K units)
Switzerland (2.0K units)
Poland (1.7K units)
United States (1.6K units)
Sweden (1.5K units)
Czech Republic (1.4K units)
Japan (1.4K units)
Belgium (1.2K units)

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

In 2022, overseas purchases of musical instruments; wind, brass (eg trumpets) were finally on the rise to reach 79K units for the first time since 2019, thus ending a two-year declining trend. Overall, imports, however, saw a abrupt downturn. Over the period under review, imports of attained the maximum at 95K 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) surged to $22M in 2022. In general, imports, however, saw a deep contraction. Imports peaked at $27M in 2019; however, from 2020 to 2022, imports failed to regain momentum.

Import of Musical Instruments; Wind, Brass (Eg Trumpets) in Germany (Million USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
China	12.8	9.5	7.2	11.0	-4.9%
Japan	5.3	3.0	2.6	3.2	-15.5%
United States	3.8	2.5	3.0	2.6	-11.9%
Taiwan (Chinese)	1.8	1.6	0.9	1.2	-12.6%
France	0.4	0.7	0.9	1.0	35.7%
Netherlands	0.4	0.5	0.7	0.7	20.5%
United Kingdom	1.6	0.8	0.4	0.3	-42.8%
Others	1.3	2.1	2.0	2.1	17.3%
Total	27.3	20.8	17.8	22.2	-6.7%