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

Contents:

1. Price for Musical Instruments; Wind, Brass (Eg Trumpets) in Morocco (CIF) - 2022
2. Price for Musical Instruments; Wind, Brass (Eg Trumpets) in Morocco (FOB) - 2022
3. Imports of Musical Instruments; Wind, Brass (Eg Trumpets) in Morocco
4. Exports of Musical Instruments; Wind, Brass (Eg Trumpets) in Morocco

Price for Musical Instruments; Wind, Brass (Eg Trumpets) in Morocco (CIF) - 2022

In 2022, the average import price for musical instruments; wind, brass (eg trumpets) amounted to $345 per unit, dropping by -14.8% against the previous year. In general, the import price, however, recorded a measured expansion. The most prominent rate of growth was recorded in 2020 an increase of 52% against the previous year. Over the period under review, average import prices hit record highs at $406 per unit in 2021, and then declined in the following year.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was France ($690 per unit), while the price for China ($37 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Japan (+5.3%), while the prices for the other major suppliers experienced a decline.

Price for Musical Instruments; Wind, Brass (Eg Trumpets) in Morocco (FOB) - 2022

The average export price for musical instruments; wind, brass (eg trumpets) stood at $1,179 per unit in 2022, dropping by -62.5% against the previous year. In general, the export price, however, enjoyed a significant expansion. The pace of growth appeared the most rapid in 2020 when the average export price increased by 3,229%. The export price peaked at $3,146 per unit in 2021, and then contracted dramatically in the following year.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Singapore ($1,889 per unit), while the average price for exports to the Netherlands ($71 per unit) was amongst the lowest.

From 2016 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Spain (+51.5%).

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

In 2022, approx. 1.8K units of musical instruments; wind, brass (eg trumpets) were imported into Morocco; growing by 541% against the year before. In general, imports saw significant growth. The growth pace was the most rapid in 2020 when imports increased by 1,162%. Imports peaked in 2022 and are expected to retain growth in years to come.

In value terms, imports of musical instruments; wind, brass (eg trumpets) skyrocketed to $616K in 2022. Over the period under review, imports continue to indicate a significant expansion. The most prominent rate of growth was recorded in 2020 with an increase of 1,821% against the previous year. Over the period under review, imports of reached the maximum in 2022 and are likely to see gradual growth in years to come.

Top Suppliers of Musical Instruments; Wind, Brass (Eg Trumpets) to Morocco in 2022:

1. China (941.0 units)
2. France (612.0 units)
3. Japan (227.0 units)

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

In 2022, exports of musical instruments; wind, brass (eg trumpets) from Morocco soared to 10 units, increasing by 233% on the year before. Over the period under review, exports continue to indicate significant growth. The pace of growth appeared the most rapid in 2020 when exports increased by 800% against the previous year. Over the period under review, the exports of hit record highs in 2022 and are likely to see steady growth in the immediate term.

In value terms, exports of musical instruments; wind, brass (eg trumpets) skyrocketed to $12K in 2022. In general, exports posted significant growth. The growth pace was the most rapid in 2020 with an increase of 29,857% against the previous year. As a result, the exports attained the peak of $15K. From 2021 to 2022, the growth of the exports of failed to regain momentum.

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

1. Singapore (6.0 units)
2. Cote d'Ivoire (2.0 units)
3. Netherlands (1.0 units)
4. Spain (1.0 units)

Source: IndexBox Market Intelligence Platform