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

Contents:

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

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

In 2022, the average import price for musical instruments; wind, brass (eg trumpets) amounted to $111 per unit, picking up by 17% against the previous year. In general, the import price, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 an increase of 105% against the previous year. As a result, import price reached the peak level of $145 per unit. From 2019 to 2022, the average import prices remained at a lower figure.

As there is only one major supplying country, the average price level is determined by prices for China.

From 2012 to 2022, the rate of growth in terms of prices for China amounted to +2.7% per year.

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

In 2022, the average export price for musical instruments; wind, brass (eg trumpets) amounted to $181 per unit, which is down by -22.5% against the previous year. Over the period under review, the export price recorded a deep contraction. The pace of growth appeared the most rapid in 2015 an increase of 430%. Over the period under review, the average export prices attained the maximum at $805 per unit in 2017; however, from 2018 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Ecuador ($195 per unit), while the average price for exports to Venezuela ($1 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 Guatemala (+47.1%), while the prices for the other major destinations experienced mixed trend patterns.

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

In 2022, after two years of decline, there was significant growth in purchases abroad of musical instruments; wind, brass (eg trumpets), when their volume increased by 22% to 6.4K units. In general, imports, however, continue to indicate a deep contraction. Over the period under review, imports of hit record highs at 8.4K units in 2019; however, from 2020 to 2022, imports failed to regain momentum.

In value terms, imports of musical instruments; wind, brass (eg trumpets) surged to $710K in 2022. Overall, imports, however, showed a abrupt curtailment. Imports peaked at $998K in 2019; however, from 2020 to 2022, imports failed to regain momentum.

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

1. China (6.3K units)

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

In 2022, approx. 38 units of musical instruments; wind, brass (eg trumpets) were exported from Peru; growing by 443% against 2021. In general, exports saw significant growth. 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) soared to $6.9K in 2022. Overall, exports, however, continue to indicate a deep downturn. The exports peaked at $8.7K in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

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

1. Ecuador (35.0 units)
2. Chile (2.0 units)
3. Venezuela (1.0 units)

Source: IndexBox Market Intelligence Platform