Portugal - Percussion Musical Instruments - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPercussion Musical Instrument Price in Portugal - 2023
Contents:
- Percussion Musical Instrument Price in Portugal (CIF) - 2023
- Percussion Musical Instrument Price in Portugal (FOB) - 2022
- Percussion Musical Instrument Imports in Portugal
- Percussion Musical Instrument Exports in Portugal
Percussion Musical Instrument Price in Portugal (CIF) - 2023
The average percussion musical instrument import price stood at $51.7 per unit in July 2023, shrinking by -51.6% against the previous month. Overall, the import price showed a noticeable shrinkage. The most prominent rate of growth was recorded in January 2023 an increase of 34% m-o-m. Over the period under review, average import prices hit record highs at $107 per unit in June 2023, and then shrank sharply in the following month.
There were significant differences in the average prices amongst the major supplying countries. In July 2023, the country with the highest price was the Netherlands ($160 per unit), while the price for Senegal ($1.5 per unit) was amongst the lowest.
From July 2022 to July 2023, the most notable rate of growth in terms of prices was attained by Spain (+2.0%), while the prices for the other major suppliers experienced more modest paces of growth.
Percussion Musical Instrument Price in Portugal (FOB) - 2022
In 2022, the average percussion musical instrument export price amounted to $72 per unit, with an increase of 44% against the previous year. In general, export price indicated a resilient expansion from 2012 to 2022: its price increased at an average annual rate of +6.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.
Average prices varied noticeably for the major export markets. In 2022, amid the top suppliers, the countries with the highest prices were Spain ($72 per unit) and Switzerland ($72 per unit), while the average price for exports to Canada ($68 per unit) and South Korea ($72 per unit) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Switzerland (+26.0%), while the prices for the other major destinations experienced more modest paces of growth.
Percussion Musical Instrument Imports in Portugal
In 2022, percussion musical instrument imports into Portugal soared to 98K units, with an increase of 62% on the previous year. Over the period under review, imports enjoyed a significant expansion. The pace of growth was the most pronounced in 2021 when imports increased by 63%. Imports peaked in 2022 and are expected to retain growth in the immediate term.
In value terms, percussion musical instrument imports expanded rapidly to $3.5M in 2022. The total import value increased at an average annual rate of +5.0% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2021 when imports increased by 36% against the previous year. Imports peaked in 2022 and are expected to retain growth in the immediate term.
Import of Percussion Musical Instrument in Portugal (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Germany | 834 | 735 | 743 | 1,186 | 12.5% |
Spain | 1,113 | 886 | 1,505 | 1,184 | 2.1% |
Belgium | 336 | 220 | 408 | 385 | 4.6% |
France | 23.9 | 45.2 | 33.2 | 208 | 105.7% |
China | 422 | 45.6 | 38.9 | 169 | -26.3% |
Italy | 56.2 | 130 | 99.5 | 115 | 27.0% |
Netherlands | 79.9 | 107 | 77.3 | 103 | 8.8% |
United States | 63.5 | 39.1 | 91.6 | 46.8 | -9.7% |
Others | 128 | 83.7 | 126 | 141 | 3.3% |
Total | 3,056 | 2,291 | 3,122 | 3,538 | 5.0% |
Top Suppliers of Percussion Musical Instrument to Portugal in 2022:
- Germany (32.8K units)
- Spain (32.8K units)
- Belgium (10.7K units)
- France (5.7K units)
- China (4.7K units)
- Italy (3.2K units)
- Netherlands (2.9K units)
- United States (1.3K units)
Percussion Musical Instrument Exports in Portugal
In 2022, overseas shipments of percussion musical instruments decreased by -74% to 2.4K units, falling for the second year in a row after two years of growth. In general, exports faced a dramatic setback. The pace of growth appeared the most rapid in 2020 when exports increased by 97%. As a result, the exports attained the peak of 37K units. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.
In value terms, percussion musical instrument exports contracted markedly to $174K in 2022. Overall, exports continue to indicate a dramatic curtailment. The pace of growth was the most pronounced in 2020 when exports increased by 89%. As a result, the exports attained the peak of $1.9M. From 2021 to 2022, the growth of the exports failed to regain momentum.
Export of Percussion Musical Instrument in Portugal (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Germany | 239 | 1,082 | 132 | 54.2 | -39.0% |
United States | 85.4 | 63.1 | 78.0 | 28.7 | -30.5% |
Angola | 26.3 | 2.4 | 5.7 | 23.4 | -3.8% |
Australia | 14.4 | 18.2 | 19.2 | 15.8 | 3.1% |
United Kingdom | 248 | 282 | 22.9 | 14.9 | -60.8% |
Switzerland | 35.8 | 41.8 | 28.6 | 10.6 | -33.3% |
South Korea | 4.6 | 8.7 | 3.6 | 9.1 | 25.5% |
Spain | 56.1 | 11.1 | 4.7 | 0.6 | -78.0% |
Netherlands | 138 | 238 | 77.9 | N/A | -24.9% |
Others | 161 | 155 | 92.5 | 16.7 | -53.0% |
Total | 1,007 | 1,902 | 466 | 174 | -44.3% |
Top Export Markets for Percussion Musical Instrument from Portugal in 2022:
- Germany (754.0 units)
- United States (399.0 units)
- Angola (326.0 units)
- Australia (220.0 units)
- United Kingdom (208.0 units)
- Switzerland (148.0 units)
- South Korea (127.0 units)
- Spain (9.0 units)
This report provides an in-depth analysis of the percussion musical instrument market in Portugal. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 32201510 - Percussion musical instruments
Country coverage:
- Portugal
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Portugal
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
This report provides an in-depth analysis of the percussion musical instrument market in Portugal.
This report provides an in-depth analysis of the global percussion musical instrument market.
This report provides an in-depth analysis of the percussion musical instrument market in Portugal.
This report provides an in-depth analysis of the global percussion musical instrument market.
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