Musical Boxes Price in Germany - 2023

Musical Boxes Price in Germany (CIF) - 2023

The average musical boxes import price stood at $8.7 per unit in July 2023, jumping by 17% against the previous month. In general, import price indicated a measured expansion from July 2022 to July 2023: its price increased at an average monthly rate of +2.0% over the last twelve months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on July 2023 figures, musical boxes import price increased by +72.0% against March 2023 indices. The growth pace was the most rapid in April 2023 an increase of 41% month-to-month. Over the period under review, average import prices hit record highs at $10.9 per unit in January 2023; however, from February 2023 to July 2023, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In July 2023, the country with the highest price was the Czech Republic ($28.8 per unit), while the price for China ($8.2 per unit) was amongst the lowest.

From July 2022 to July 2023, the most notable rate of growth in terms of prices was attained by the Czech Republic (+8.0%), while the prices for the other major suppliers experienced mixed trend patterns.

Musical Boxes Price in Germany (FOB) - 2023

The average musical boxes export price stood at $14.2 per unit in July 2023, which is down by -11.3% against the previous month. Over the period under review, the export price continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in December 2022 when the average export price increased by 64% month-to-month. The export price peaked at $23.3 per unit in May 2023; however, from June 2023 to July 2023, the export prices failed to regain momentum.

Prices varied noticeably by the country of destination: the country with the highest price was the United States ($28.5 per unit), while the average price for exports to the UK ($5.0 per unit) was amongst the lowest.

From July 2022 to July 2023, the most notable rate of growth in terms of prices was recorded for supplies to Australia (+11.4%), while the prices for the other major destinations experienced more modest paces of growth.

Musical Boxes Imports in Germany

Musical boxes imports into Germany reduced notably to 47K units in 2022, with a decrease of -85% compared with the previous year. Overall, imports saw a dramatic descent. The smallest decline of -14.1% was in 2021. Imports peaked at 609K units in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

In value terms, musical boxes imports fell to $2.2M in 2022. Over the period under review, imports recorded a deep reduction. The growth pace was the most rapid in 2021 when imports increased by 19%. Over the period under review, imports reached the peak figure at $4.3M in 2019; however, from 2020 to 2022, imports remained at a lower figure.

Import of Musical Boxes in Germany (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Switzerland	14.7	4.8	8.7	1,881	403.9%
South Africa	N/A	N/A	0.7	172	24471.4%
Turkey	0.1	0.7	1.7	161	1072.0%
China	1,493	612	653	N/A	-33.9%
France	298	110	131	N/A	-33.7%
India	1,555	831	1,010	N/A	-19.4%
Czech Republic	422	87.5	142	N/A	-42.0%
Netherlands	209	46.0	129	N/A	-21.4%
Others	289	331	330	N/A	6.9%
Total	4,280	2,023	2,404	2,214	-19.7%

Top Suppliers of Musical Boxes to Germany in 2022:

Turkey (17.6K units)
South Africa (16.8K units)
Switzerland (12.5K units)

Musical Boxes Exports in Germany

In 2022, overseas shipments of musical boxeses were finally on the rise to reach 259K units for the first time since 2019, thus ending a two-year declining trend. In general, exports, however, recorded a dramatic setback. The exports peaked at 513K units in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

In value terms, musical boxes exports surged to $2.4M in 2022. Over the period under review, exports, however, recorded a deep slump. Over the period under review, the exports attained the maximum at $4.2M in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

Export of Musical Boxes in Germany (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Italy	726	449	93.7	563	-8.1%
Austria	513	325	86.2	235	-22.9%
France	360	226	104	216	-15.7%
Switzerland	370	239	258	211	-17.1%
United States	191	186	262	171	-3.6%
Spain	207	177	70.2	149	-10.4%
Poland	145	175	128	121	-5.9%
Portugal	138	93.5	15.6	117	-5.4%
Japan	30.6	29.7	65.9	56.8	22.9%
Netherlands	57.5	81.8	29.5	54.9	-1.5%
United Kingdom	281	305	61.1	51.3	-43.3%
Turkey	28.2	42.2	90.5	50.0	21.0%
China	239	148	4.4	14.6	-60.6%
Others	882	705	346	387	-24.0%
Total	4,170	3,184	1,615	2,400	-16.8%