Price for Musical Instruments; Wind, Brass (Eg Trumpets) in Sweden - 2023
Contents:
- Price for Musical Instruments; Wind, Brass (Eg Trumpets) in Sweden (CIF) - 2022
- Price for Musical Instruments; Wind, Brass (Eg Trumpets) in Sweden (FOB) - 2022
- Imports of Musical Instruments; Wind, Brass (Eg Trumpets) in Sweden
- Exports of Musical Instruments; Wind, Brass (Eg Trumpets) in Sweden
Price for Musical Instruments; Wind, Brass (Eg Trumpets) in Sweden (CIF) - 2022
In 2022, the average import price for musical instruments; wind, brass (eg trumpets) amounted to $180 per unit, increasing by 2.6% against the previous year. Over the period under review, the import price, however, continues to indicate a perceptible shrinkage. The most prominent rate of growth was recorded in 2015 an increase of 40%. The import price peaked at $329 per unit in 2018; however, from 2019 to 2022, import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($463 per unit), while the price for the United States ($38 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (-0.3%), while the prices for the other major suppliers experienced a decline.
Price for Musical Instruments; Wind, Brass (Eg Trumpets) in Sweden (FOB) - 2022
The average export price for musical instruments; wind, brass (eg trumpets) stood at $104 per unit in 2022, falling by -20.4% against the previous year. Over the period under review, the export price, however, continues to indicate a buoyant increase. The most prominent rate of growth was recorded in 2018 when the average export price increased by 102%. The export price peaked at $131 per unit in 2021, and then shrank dramatically in the following year.
There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($145 per unit), while the average price for exports to Norway ($96 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 Norway (+10.6%), while the prices for the other major destinations experienced mixed trend patterns.
Imports of Musical Instruments; Wind, Brass (Eg Trumpets) in Sweden
Imports of musical instruments; wind, brass (eg trumpets) into Sweden shrank rapidly to 6.3K units in 2022, waning by -17.8% against the previous year's figure. Over the period under review, total imports indicated a strong expansion from 2019 to 2022: its volume increased at an average annual rate of +6.8% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +32.4% against 2020 indices. The pace of growth appeared the most rapid in 2021 when imports increased by 61% against the previous year. As a result, imports attained the peak of 7.6K units, and then shrank dramatically in the following year.
In value terms, imports of musical instruments; wind, brass (eg trumpets) dropped dramatically to $1.1M in 2022. In general, imports recorded a slight contraction. The most prominent rate of growth was recorded in 2021 with an increase of 26% against the previous year. As a result, imports attained the peak of $1.3M, and then fell markedly in the following year.
| Import of Musical Instruments; Wind, Brass (Eg Trumpets) in Sweden (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 523 | 604 | 729 | 629 | 6.3% |
| China | 170 | 205 | 340 | 208 | 7.0% |
| Taiwan (Chinese) | 123 | 21.3 | 73.8 | 99.3 | -6.9% |
| United Kingdom | 223 | 112 | 66.5 | 84.8 | -27.6% |
| United States | 95.5 | 72.2 | 79.3 | 67.4 | -11.0% |
| Others | 41.8 | 51.2 | 50.2 | 40.3 | -1.2% |
| Total | 1,176 | 1,065 | 1,339 | 1,129 | -1.4% |
Top Suppliers of Musical Instruments; Wind, Brass (Eg Trumpets) to Sweden in 2022:
- China (2.3K units)
- United States (1.8K units)
- Germany (1.4K units)
- Taiwan (Chinese) (0.3K units)
- United Kingdom (0.3K units)
Exports of Musical Instruments; Wind, Brass (Eg Trumpets) in Sweden
Exports of musical instruments; wind, brass (eg trumpets) from Sweden soared to 5.2K units in 2022, picking up by 72% compared with the previous year's figure. Over the period under review, exports posted a significant expansion. The most prominent rate of growth was recorded in 2020 with an increase of 73%. The exports peaked in 2022 and are likely to see steady growth in years to come.
In value terms, exports of musical instruments; wind, brass (eg trumpets) skyrocketed to $545K in 2022. In general, total exports indicated a significant increase from 2019 to 2022: its value increased at an average annual rate of +25.7% 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 +98.8% against 2019 indices. The growth pace was the most rapid in 2020 when exports increased by 41% against the previous year. Over the period under review, the exports of attained the maximum in 2022 and are likely to see gradual growth in the immediate term.
| Export of Musical Instruments; Wind, Brass (Eg Trumpets) in Sweden (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Norway | 243 | 296 | 300 | 360 | 14.0% |
| United Kingdom | N/A | 0.1 | 58.5 | 134 | 3560.6% |
| United States | 4.3 | 44.3 | 13.6 | 20.2 | 67.5% |
| Switzerland | N/A | 3.8 | 13.4 | 15.8 | 103.9% |
| Others | 26.6 | 42.5 | 11.3 | 14.7 | -17.9% |
| Total | 274 | 387 | 397 | 545 | 25.8% |
Top Export Markets for Musical Instruments; Wind, Brass (Eg Trumpets) from Sweden in 2022:
- Norway (3.7K units)
- United Kingdom (1.1K units)
- United States (0.1K units)
- Switzerland (0.1K units)
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