Price for Musical Instruments; Wind, Brass (Eg Trumpets) in Malaysia - 2024
Contents:
- Price for Musical Instruments; Wind, Brass (Eg Trumpets) in Malaysia (FOB) - 2022
- Price for Musical Instruments; Wind, Brass (Eg Trumpets) in Malaysia (CIF) - 2022
- Exports of Musical Instruments; Wind, Brass (Eg Trumpets) in Malaysia
- Imports of Musical Instruments; Wind, Brass (Eg Trumpets) in Malaysia
Price for Musical Instruments; Wind, Brass (Eg Trumpets) in Malaysia (FOB) - 2022
The average export price for musical instruments; wind, brass (eg trumpets) stood at $240 per unit in 2022, surging by 2.4% against the previous year. Over the period under review, the export price saw prominent growth. The most prominent rate of growth was recorded in 2019 an increase of 170%. The export price peaked in 2022 and is likely to see steady growth in years to come.
There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Panama ($338 per unit), while the average price for exports to Sri Lanka ($101 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 Thailand (+51.7%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Musical Instruments; Wind, Brass (Eg Trumpets) in Malaysia (CIF) - 2022
In 2022, the average import price for musical instruments; wind, brass (eg trumpets) amounted to $39 per unit, with an increase of 26% against the previous year. Overall, the import price posted buoyant growth. The pace of growth appeared the most rapid in 2013 when the average import price increased by 134% against the previous year. The import price peaked in 2022 and is expected to retain growth in years to come.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was China ($58 per unit), while the price for Indonesia ($23 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Indonesia (+17.8%), while the prices for the other major suppliers experienced a decline.
Exports of Musical Instruments; Wind, Brass (Eg Trumpets) in Malaysia
In 2022, the amount of musical instruments; wind, brass (eg trumpets) exported from Malaysia soared to 3.8K units, with an increase of 41% against 2021 figures. Overall, total exports indicated a strong increase from 2019 to 2022: its volume increased at an average annual rate of +14.2% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +85.9% against 2020 indices. 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) surged to $905K in 2022. In general, exports recorded a significant expansion. The growth pace was the most rapid in 2021 when exports increased by 140% against the previous year. Over the period under review, the exports of attained the maximum in 2022 and are expected to retain growth in the near future.
| Export of Musical Instruments; Wind, Brass (Eg Trumpets) in Malaysia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Mexico | 55.3 | 72.1 | 119 | 228 | 60.4% |
| Panama | 33.3 | 18.1 | 134 | 194 | 79.9% |
| United Arab Emirates | 19.5 | 9.8 | 93.1 | 136 | 91.1% |
| Uruguay | N/A | N/A | N/A | 106 | 0% |
| Brazil | N/A | 21.3 | 31.3 | 104 | 121.0% |
| Taiwan (Chinese) | 24.7 | 52.7 | 53.8 | 94.9 | 56.6% |
| Singapore | 41.3 | 26.0 | 53.1 | 18.7 | -23.2% |
| India | 1.7 | 2.8 | 12.5 | 14.0 | 101.9% |
| Russia | 34.6 | 32.7 | 70.8 | 2.5 | -58.3% |
| Sri Lanka | 3.2 | 7.3 | 1.8 | 1.3 | -25.9% |
| Vietnam | 16.8 | N/A | 2.1 | N/A | -64.6% |
| United States | 9.1 | N/A | N/A | N/A | 0% |
| Others | 8.0 | 17.8 | 54.5 | 5.3 | -12.8% |
| Total | 248 | 261 | 626 | 905 | 54.0% |
Top Export Markets for Musical Instruments; Wind, Brass (Eg Trumpets) from Malaysia in 2022:
- Mexico (1231.0 units)
- Panama (575.0 units)
- Taiwan (Chinese) (488.0 units)
- United Arab Emirates (479.0 units)
- Uruguay (440.0 units)
- Brazil (370.0 units)
- India (109.0 units)
- Singapore (56.0 units)
- Sri Lanka (13.0 units)
- Russia (5.0 units)
Imports of Musical Instruments; Wind, Brass (Eg Trumpets) in Malaysia
In 2022, imports of musical instruments; wind, brass (eg trumpets) into Malaysia contracted dramatically to 5.2K units, with a decrease of -59.2% on 2021 figures. In general, imports faced a precipitous slump. The pace of growth was the most pronounced in 2021 when imports increased by 30%. Over the period under review, imports of attained the peak figure at 14K units in 2019; however, from 2020 to 2022, imports failed to regain momentum.
In value terms, imports of musical instruments; wind, brass (eg trumpets) shrank sharply to $205K in 2022. Over the period under review, imports faced a abrupt setback. The pace of growth appeared the most rapid in 2021 when imports increased by 22% against the previous year. As a result, imports reached the peak of $396K, and then shrank markedly in the following year.
| Import of Musical Instruments; Wind, Brass (Eg Trumpets) in Malaysia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Japan | 173 | 93.4 | 106 | 114 | -13.0% |
| China | 69.2 | 77.0 | 70.1 | 44.5 | -13.7% |
| Indonesia | 106 | 83.2 | 175 | 19.5 | -43.1% |
| Sweden | 1.6 | N/A | N/A | 4.7 | 43.2% |
| Others | 17.7 | 71.8 | 45.3 | 21.7 | 7.0% |
| Total | 368 | 325 | 396 | 205 | -17.7% |
Top Suppliers of Musical Instruments; Wind, Brass (Eg Trumpets) to Malaysia in 2022:
- Japan (3.4K units)
- Indonesia (0.8K units)
- China (0.8K units)
- Sweden (0.1K units)
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