Musical Instrument Strings Price in Iran - 2022
Contents:
- Musical Instrument Strings Price in Iran (CIF) - 2022
- Musical Instrument Strings Price in Iran (FOB) - 2022
- Musical Instrument Strings Imports in Iran
- Musical Instrument Strings Exports in Iran
Musical Instrument Strings Price in Iran (CIF) - 2022
The average musical instrument strings import price stood at $2.8 per unit in 2022, with an increase of 14% against the previous year. Overall, the import price, however, saw a perceptible shrinkage. The most prominent rate of growth was recorded in 2018 when the average import price increased by 150% against the previous year. The import price peaked at $3.9 per unit in 2012; however, from 2013 to 2022, import prices remained at a lower figure.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was France ($15 per unit), while the price for Turkey ($0.4 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Korea (+9.1%), while the prices for the other major suppliers experienced more modest paces of growth.
Musical Instrument Strings Price in Iran (FOB) - 2022
In 2022, the average musical instrument strings export price amounted to $1.1 per unit, dropping by -58.4% against the previous year. In general, the export price, however, recorded a buoyant expansion. The growth pace was the most rapid in 2021 when the average export price increased by 136% against the previous year. As a result, the export price attained the peak level of $2.7 per unit, and then declined remarkably 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 Canada ($1.7 per unit), while the average price for exports to Belgium stood at $0.5 per unit.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Kuwait (+97.5%), while the prices for the other major destinations experienced more modest paces of growth.
Musical Instrument Strings Imports in Iran
Musical instrument strings imports into Iran dropped to 7.8K units in 2022, which is down by -11.6% compared with 2021 figures. Over the period under review, imports showed a precipitous curtailment. The pace of growth was the most pronounced in 2021 when imports increased by 2%. Imports peaked at 442K units in 2019; however, from 2020 to 2022, imports remained at a lower figure.
In value terms, musical instrument strings imports stood at $22K in 2022. In general, imports continue to indicate a sharp curtailment. The pace of growth was the most pronounced in 2021 when imports increased by 1% against the previous year. Over the period under review, imports reached the peak figure at $768K in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.
| Import of Musical Instrument Strings in Iran (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Arab Emirates | 416 | 1.9 | 0.8 | 16.8 | -65.7% |
| China | 4.7 | 1.0 | 1.9 | 1.2 | -36.6% |
| France | 49.8 | 3.6 | 4.8 | 1.1 | -71.9% |
| Italy | 65.2 | 2.3 | 0.8 | 0.5 | -80.3% |
| United Kingdom | 30.1 | 1.8 | 2.1 | 0.4 | -76.3% |
| Germany | 131 | 5.2 | 3.9 | 0.3 | -86.8% |
| Turkey | 7.1 | 0.2 | N/A | 0.1 | -75.9% |
| Others | 65.1 | 5.3 | 7.2 | 1.5 | -71.5% |
| Total | 768 | 21.4 | 21.6 | 21.8 | -69.5% |
Top Suppliers of Musical Instrument Strings to Iran in 2022:
- United Arab Emirates (5768.0 units)
- China (1382.0 units)
- Italy (137.0 units)
- Turkey (135.0 units)
- France (69.0 units)
- United Kingdom (55.0 units)
- Germany (30.0 units)
Musical Instrument Strings Exports in Iran
In 2022, after three years of growth, there was significant decline in overseas shipments of musical instrument stringses, when their volume decreased by -39.7% to 2K units. Over the period under review, exports, however, enjoyed a significant expansion. The pace of growth was the most pronounced in 2021 when exports increased by 178%. As a result, the exports attained the peak of 3.4K units, and then dropped notably in the following year.
In value terms, musical instrument strings exports fell notably to $2.3K in 2022. Overall, exports, however, showed a significant expansion. The most prominent rate of growth was recorded in 2021 with an increase of 554%. As a result, the exports attained the peak of $9.1K, and then shrank dramatically in the following year.
| Export of Musical Instrument Strings in Iran (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Canada | 0.2 | 0.3 | 1.3 | 1.7 | 104.1% |
| Belgium | 0.3 | 0.2 | 0.3 | 0.5 | 18.6% |
| China | N/A | N/A | N/A | N/A | 0% |
| Finland | N/A | N/A | 1.6 | N/A | 0% |
| Kuwait | N/A | 0.9 | 5.9 | N/A | 555.6% |
| Others | N/A | 0.1 | N/A | N/A | 0% |
| Total | 0.5 | 1.4 | 9.1 | 2.3 | 66.3% |
Top Export Markets for Musical Instrument Strings from Iran in 2022:
- Canada (1.0K units)
- Belgium (1.0K units)
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