Musical Boxes Price in Italy - 2023

Musical Boxes Price in Italy (CIF) - 2023

The average musical boxes import price stood at $16.2 per unit in July 2023, falling by -34.5% against the previous month. In general, the import price, however, posted a notable increase. The most prominent rate of growth was recorded in October 2022 when the average import price increased by 222% against the previous month. The import price peaked at $24.7 per unit in June 2023, and then shrank markedly in the following month.

There were significant differences in the average prices amongst the major supplying countries. In July 2023, the country with the highest price was France ($27.8 per unit), while the price for China amounted to $14.5 per unit.

From July 2022 to July 2023, the most notable rate of growth in terms of prices was attained by China (+3.1%), while the prices for the other major suppliers experienced a decline.

Musical Boxes Price in Italy (FOB) - 2022

The average musical boxes export price stood at $12 per unit in 2022, rising by 5.5% against the previous year. Over the period under review, the export price, however, saw a slight contraction. The growth pace was the most rapid in 2018 an increase of 56%. As a result, the export price reached the peak level of $27 per unit. From 2019 to 2022, the average export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was India ($148 per unit), while the average price for exports to Australia ($2.6 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 Russia (+2.4%), while the prices for the other major destinations experienced more modest paces of growth.

Musical Boxes Imports in Italy

In 2022, imports of musical boxeses into Italy declined significantly to 327K units, which is down by -20.7% compared with the previous year's figure. Overall, total imports indicated a strong increase from 2019 to 2022: its volume increased at an average annual rate of +11.1% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +42.1% against 2020 indices. The pace of growth appeared the most rapid in 2021 with an increase of 79%. As a result, imports reached the peak of 413K units, and then contracted significantly in the following year.

In value terms, musical boxes imports declined remarkably to $1.8M in 2022. In general, imports, however, continue to indicate a tangible expansion. The most prominent rate of growth was recorded in 2021 with an increase of 205%. As a result, imports reached the peak of $2.7M, and then fell sharply in the following year.

Import of Musical Boxes in Italy (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Germany	528	465	902	674	8.5%
China	889	330	1,026	644	-10.2%
United States	1.1	0.9	418	262	519.9%
France	90.7	37.4	110	69.1	-8.7%
Others	89.9	51.2	245	143	16.7%
Total	1,599	885	2,701	1,793	3.9%

Top Suppliers of Musical Boxes to Italy in 2022:

Germany (149.8K units)
China (120.8K units)
United States (26.8K units)
France (12.8K units)

Musical Boxes Exports in Italy

In 2022, musical boxes exports from Italy declined rapidly to 28K units, dropping by -26.2% on 2021 figures. In general, exports recorded a dramatic curtailment. The growth pace was the most rapid in 2021 with an increase of 154% against the previous year. Over the period under review, the exports hit record highs at 54K units in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

In value terms, musical boxes exports fell notably to $320K in 2022. Over the period under review, exports continue to indicate a sharp decline. The most prominent rate of growth was recorded in 2021 when exports increased by 80% against the previous year. Over the period under review, the exports attained the peak figure at $1.2M in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

Export of Musical Boxes in Italy (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
India	548	88.5	117	81.3	-47.1%
China	2.8	75.3	99.8	69.5	191.7%
France	258	3.6	15.4	40.7	-46.0%
Singapore	20.8	6.2	15.2	36.3	20.4%
Australia	88.5	8.6	14.3	10.3	-51.2%
Macao SAR	1.9	1.5	13.9	9.7	72.2%
Japan	11.1	3.2	1.6	8.5	-8.5%
Russia	27.2	2.5	6.1	4.3	-45.9%
Taiwan (Chinese)	26.0	2.0	0.8	2.1	-56.8%
United Kingdom	13.8	1.4	1.9	1.6	-51.2%
Oman	12.1	1.7	1.9	1.2	-53.7%
Others	186	34.3	124	54.6	-33.5%
Total	1,196	229	411	320	-35.6%