Musical Boxes Price in Colombia - 2022

Contents:

  1. Musical Boxes Price in Colombia (CIF) - 2022
  2. Musical Boxes Price in Colombia (FOB) - 2022
  3. Musical Boxes Imports in Colombia
  4. Musical Boxes Exports in Colombia

Musical Boxes Price in Colombia (CIF) - 2022

The average musical boxes import price stood at $2.3 per unit in 2022, reducing by -3.6% against the previous year. Overall, the import price showed a abrupt contraction. The most prominent rate of growth was recorded in 2018 when the average import price increased by 19% against the previous year. The import price peaked at $4 per unit in 2012; however, from 2013 to 2022, import prices stood at a somewhat 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 Panama ($4.4 per unit), while the price for China amounted to $2.1 per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+1.0%).

Musical Boxes Price in Colombia (FOB) - 2022

The average musical boxes export price stood at $10 per unit in 2022, with a decrease of -23.1% against the previous year. Overall, the export price, however, recorded a buoyant increase. The pace of growth was the most pronounced in 2020 an increase of 475%. As a result, the export price attained the peak level of $54 per unit. From 2021 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 Costa Rica.

From 2012 to 2022, the rate of growth in terms of prices for Costa Rica amounted to +5.8% per year.

Musical Boxes Imports in Colombia

In 2022, after two years of decline, there was significant growth in purchases abroad of musical boxeses, when their volume increased by 12% to 11K units. In general, imports, however, saw a pronounced curtailment. Over the period under review, imports hit record highs at 13K units in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

In value terms, musical boxes imports totaled $26K in 2022. Over the period under review, imports, however, recorded a abrupt curtailment. Imports peaked at $36K in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

Import of Musical Boxes in Colombia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China32.024.721.923.0-10.4%
Panama0.30.20.90.732.6%
Others3.33.01.42.3-11.3%
Total35.627.924.226.1-9.8%

Top Suppliers of Musical Boxes to Colombia in 2022:

  1. China (11.0K units)
  2. Panama (0.2K units)

Musical Boxes Exports in Colombia

In 2022, exports of musical boxeses from Colombia skyrocketed to 60 units, growing by 76% on the year before. Overall, exports, however, faced a deep setback. The pace of growth appeared the most rapid in 2021 when exports increased by 127%. Over the period under review, the exports hit record highs at 111 units in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

In value terms, musical boxes exports surged to $618 in 2022. Over the period under review, exports, however, continue to indicate a abrupt decline. Over the period under review, the exports hit record highs at $1K in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

Export of Musical Boxes in Colombia (USD)
COUNTRY2019202020212022CAGR,
2019-2022
Costa Rica74535.07.0618-6.0%
EcuadorN/AN/A61.0N/A0%
South KoreaN/A753N/AN/A0%
Aruba298N/AN/AN/A0%
FranceN/AN/A190N/A0%
OthersN/AN/A191N/A0%
Total1,043788449618-16.0%

Top Export Markets for Musical Boxes from Colombia in 2022:

  1. Costa Rica (60.0 units)

Source: IndexBox Market Intelligence Platform

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Free Data: Musical boxes - Colombia