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

Contents:

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

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

The average import price for musical instruments; wind, brass (eg trumpets) stood at $149 per unit in 2022, increasing by 38% against the previous year. In general, the import price, however, saw a mild descent. The import price peaked at $197 per unit in 2014; however, from 2015 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($696 per unit), while the price for China ($107 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Panama (+15.8%), while the prices for the other major suppliers experienced more modest paces of growth.

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

In 2022, the average export price for musical instruments; wind, brass (eg trumpets) amounted to $479 per unit, growing by 643% against the previous year. In general, the export price recorded buoyant growth. The growth pace was the most rapid in 2020 when the average export price increased by 1,005% against the previous year. As a result, the export price attained the peak level of $829 per unit. From 2021 to 2022, the average export prices remained at a somewhat lower figure.

As there is only one major export destination, the average price level is determined by prices for Canada.

From 2012 to 2022, the rate of growth in terms of prices for Canada amounted to -1.8% per year.

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

Imports of musical instruments; wind, brass (eg trumpets) into Ecuador fell slightly to 535 units in 2022, reducing by -2.6% on 2021 figures. In general, imports saw a abrupt setback. The pace of growth was the most pronounced in 2021 with an increase of 26% against the previous year. Over the period under review, imports of hit record highs at 944 units in 2019; however, from 2020 to 2022, imports remained at a lower figure.

In value terms, imports of musical instruments; wind, brass (eg trumpets) soared to $80K in 2022. Over the period under review, imports saw a abrupt decrease. Imports peaked at $105K in 2019; however, from 2020 to 2022, imports remained at a lower figure.

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

1. China (496.0 units)
2. United States (23.0 units)
3. Peru (10.0 units)

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

In 2022, shipments abroad of musical instruments; wind, brass (eg trumpets) decreased by -50% to 1 units for the first time since 2018, thus ending a three-year rising trend. Over the period under review, exports recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when exports increased by 100% against the previous year. As a result, the exports reached the peak of 2 units, and then dropped markedly in the following year.

In value terms, exports of musical instruments; wind, brass (eg trumpets) surged to $479 in 2022. In general, exports, however, enjoyed significant growth. The most prominent rate of growth was recorded in 2020 with an increase of 1,005% against the previous year. As a result, the exports reached the peak of $829. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.

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

1. Canada (1.0 units)

Source: IndexBox Market Intelligence Platform