Price for Musical Instruments; Wind, Brass (Eg Trumpets) in Guatemala - 2023

Contents:

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

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

The average import price for musical instruments; wind, brass (eg trumpets) stood at $553 per unit in 2022, approximately equating the previous year. Overall, the import price saw a mild shrinkage. The growth pace was the most rapid in 2013 when the average import price decreased by -0.1% against the previous year. The import price peaked at $609 per unit in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the United States ($555 per unit), while the price for China totaled $554 per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (-0.9%).

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

The average export price for musical instruments; wind, brass (eg trumpets) stood at $5,471 per unit in 2022, growing by 3,953% against the previous year. Over the period under review, the export price enjoyed resilient growth. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Nicaragua ($33,565 per unit), while the average price for exports to Germany ($100 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 South Korea (+4,081.8%), while the prices for the other major destinations experienced more modest paces of growth.

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

After two years of decline, purchases abroad of musical instruments; wind, brass (eg trumpets) increased by 161% to 1.9K units in 2022. Over the period under review, imports, however, showed a pronounced contraction. Imports peaked at 2.1K 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 $1M in 2022. Overall, imports, however, saw a noticeable downturn. Imports peaked at $1.2M in 2019; however, from 2020 to 2022, imports remained at a lower figure.

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

1. China (1799.0 units)
2. United States (36.0 units)

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

In 2022, shipments abroad of musical instruments; wind, brass (eg trumpets) was finally on the rise to reach 8 units after two years of decline. Over the period under review, exports, however, showed a precipitous decrease. The exports peaked at 21 units in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

In value terms, exports of musical instruments; wind, brass (eg trumpets) surged to $44K in 2022. In general, exports, however, showed a mild curtailment. The exports peaked at $45K in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

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

1. Honduras (2.0 units)
2. El Salvador (1.0 units)
3. United States (1.0 units)
4. Germany (1.0 units)
5. Peru (1.0 units)
6. South Korea (1.0 units)
7. Nicaragua (1.0 units)

Source: IndexBox Market Intelligence Platform