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

Contents:

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

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

The average import price for musical instruments; wind, brass (eg trumpets) stood at $208 per unit in 2022, almost unchanged from the previous year. Over the period under review, the import price showed a abrupt shrinkage. The pace of growth was the most pronounced in 2015 when the average import price increased by 65% against the previous year. The import price peaked at $488 per unit in 2012; however, from 2013 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 China ($211 per unit), while the price for the UK ($59 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+4.9%), while the prices for the other major suppliers experienced mixed trend patterns.

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

In 2022, the average export price for musical instruments; wind, brass (eg trumpets) amounted to $77 per unit, increasing by 185% against the previous year. Overall, the export price, however, showed a noticeable slump. The pace of growth was the most pronounced in 2018 when the average export price increased by 571% against the previous year. As a result, the export price reached the peak level of $201 per unit. From 2019 to 2022, the average export prices failed to regain momentum.

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

From 2012 to 2022, the rate of growth in terms of prices for Rwanda amounted to +38.3% per year.

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

In 2022, imports of musical instruments; wind, brass (eg trumpets) into Kenya declined dramatically to 121 units, which is down by -24.4% against the year before. In general, imports continue to indicate a abrupt decline. The pace of growth was the most pronounced in 2021 with an increase of 43%. Imports peaked at 200 units in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

In value terms, imports of musical instruments; wind, brass (eg trumpets) contracted rapidly to $25K in 2022. Over the period under review, imports saw a sharp contraction. The pace of growth was the most pronounced in 2021 with an increase of 55% against the previous year. Imports peaked at $49K in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

Import of Musical Instruments; Wind, Brass (Eg Trumpets) in Kenya (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China10.93.912.024.931.7%
India0.60.20.20.2-30.7%
United Kingdom15.010.60.60.1-81.2%
United Arab Emirates13.74.47.7N/A-25.0%
Taiwan (Chinese)5.32.35.3N/A0.0%
Others3.90.58.1N/A44.1%
Total49.321.933.825.2-20.0%

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

  1. China (118.0 units)
  2. India (2.0 units)
  3. United Kingdom (1.0 units)

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

In 2022, after two years of decline, there was significant decline in shipments abroad of musical instruments; wind, brass (eg trumpets), when their volume decreased by -50% to 1 units. In general, exports saw a dramatic decrease. The smallest decline of -33.3% was in 2020. Over the period under review, the exports of hit record highs at 3 units in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

In value terms, exports of musical instruments; wind, brass (eg trumpets) skyrocketed to $77 in 2022. Over the period under review, exports saw a abrupt slump. The most prominent rate of growth was recorded in 2020 with an increase of 73%. As a result, the exports reached the peak of $173. From 2021 to 2022, the growth of the exports of remained at a lower figure.

Export of Musical Instruments; Wind, Brass (Eg Trumpets) in Kenya (USD)
COUNTRY2019202020212022CAGR,
2019-2022
Rwanda13.060.033.077.080.9%
Cote d'Ivoire74.011321.0N/A-46.7%
Italy13.0N/AN/AN/A0%
OthersN/AN/AN/AN/A0%
Total10017354.077.0-8.3%

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

  1. Rwanda (1.0 units)

Source: IndexBox Market Intelligence Platform

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