Price for Musical Instruments; Wind, Brass (Eg Trumpets) in Nepal - 2022
Contents:
- Price for Musical Instruments; Wind, Brass (Eg Trumpets) in Nepal (CIF) - 2022
- Price for Musical Instruments; Wind, Brass (Eg Trumpets) in Nepal (FOB) - 2022
- Imports of Musical Instruments; Wind, Brass (Eg Trumpets) in Nepal
- Exports of Musical Instruments; Wind, Brass (Eg Trumpets) in Nepal
Price for Musical Instruments; Wind, Brass (Eg Trumpets) in Nepal (CIF) - 2022
The average import price for musical instruments; wind, brass (eg trumpets) stood at $6.9 per unit in 2022, which is down by -81.5% against the previous year. In general, the import price continues to indicate a sharp reduction. The pace of growth was the most pronounced in 2016 an increase of 121% against the previous year. Over the period under review, average import prices attained the peak figure at $712 per unit in 2018; however, from 2019 to 2022, import prices stood at a somewhat lower figure.
As there is only one major supplying country, the average price level is determined by prices for India.
From 2012 to 2022, the rate of growth in terms of prices for the United States amounted to +9,495.4% per year.
Price for Musical Instruments; Wind, Brass (Eg Trumpets) in Nepal (FOB) - 2022
In 2022, the average export price for musical instruments; wind, brass (eg trumpets) amounted to $314 per unit, with a decrease of -68.2% against the previous year. In general, the export price saw a drastic downturn. The growth pace was the most rapid in 2020 an increase of 512%. Over the period under review, the average export prices attained the maximum at $1,205 per unit in 2013; however, from 2014 to 2022, the export prices failed to regain momentum.
As there is only one major export destination, the average price level is determined by prices for China.
From 2012 to 2022, the rate of growth in terms of prices for Canada amounted to +9.4% per year.
Imports of Musical Instruments; Wind, Brass (Eg Trumpets) in Nepal
In 2022, the amount of musical instruments; wind, brass (eg trumpets) imported into Nepal skyrocketed to 603 units, with an increase of 485% compared with 2021. Over the period under review, imports continue to indicate a significant increase. 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) totaled $4.2K in 2022. Overall, imports, however, saw a abrupt decrease. The growth pace was the most rapid in 2021 with an increase of 9%. Imports peaked at $5K in 2019; however, from 2020 to 2022, imports failed to regain momentum.
| Import of Musical Instruments; Wind, Brass (Eg Trumpets) in Nepal (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| India | 0.7 | 0.7 | 1.4 | 4.2 | 81.7% |
| Others | 4.3 | 2.8 | 2.5 | N/A | -23.8% |
| Total | 5.0 | 3.5 | 3.8 | 4.2 | -5.6% |
Top Suppliers of Musical Instruments; Wind, Brass (Eg Trumpets) to Nepal in 2022:
- India (603.0 units)
Exports of Musical Instruments; Wind, Brass (Eg Trumpets) in Nepal
In 2022, overseas shipments of musical instruments; wind, brass (eg trumpets) decreased by -96% to 1 units, falling for the second year in a row after two years of growth. In general, exports saw a precipitous shrinkage. The pace of growth appeared the most rapid in 2020 with an increase of 195%. As a result, the exports attained the peak of 59 units. From 2021 to 2022, the growth of the exports of remained at a lower figure.
In value terms, exports of musical instruments; wind, brass (eg trumpets) fell sharply to $314 in 2022. Overall, exports faced a sharp decrease. The growth pace was the most rapid in 2020 with an increase of 1,706% against the previous year. As a result, the exports reached the peak of $58K. From 2021 to 2022, the growth of the exports of failed to regain momentum.
| Export of Musical Instruments; Wind, Brass (Eg Trumpets) in Nepal (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 0.3 | 8.4 | 0.7 | 0.3 | 0.0% |
| New Zealand | N/A | 11.4 | N/A | N/A | 0% |
| Belgium | 0.1 | 0.7 | 0.4 | N/A | 100.0% |
| Austria | N/A | 0.2 | 0.1 | N/A | -50.0% |
| United States | 0.4 | 12.2 | 9.5 | N/A | 387.3% |
| Australia | 0.1 | 0.5 | 0.2 | N/A | 41.4% |
| Others | 2.4 | 24.4 | 13.8 | N/A | 139.8% |
| Total | 3.2 | 57.8 | 24.7 | 0.3 | -54.6% |
Top Export Markets for Musical Instruments; Wind, Brass (Eg Trumpets) from Nepal in 2022:
- China (1.0 units)
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