Report Update Nov 1, 2024

Iran - Percussion Musical Instruments - Market Analysis, Forecast, Size, Trends and Insights

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Iran: Percussion Musical Instrument Market 2024

Percussion Musical Instrument Market Size in Iran

In 2022, the Iranian percussion musical instrument market increased by 0.6% to $X, rising for the second consecutive year after two years of decline. In general, consumption, however, saw a abrupt curtailment. Over the period under review, the market attained the maximum level at $X in 2012; however, from 2013 to 2022, consumption failed to regain momentum.

Percussion Musical Instrument Production in Iran

In value terms, percussion musical instrument production dropped to $X in 2022 estimated in export price. In general, production, however, showed a deep slump. The growth pace was the most rapid in 2018 with an increase of 15% against the previous year. Percussion musical instrument production peaked at $X in 2012; however, from 2013 to 2022, production stood at a somewhat lower figure.

Percussion Musical Instrument Exports

Exports from Iran

In 2022, overseas shipments of percussion musical instruments decreased by -60.8% to X units for the first time since 2018, thus ending a three-year rising trend. Over the period under review, exports, however, recorded a prominent expansion. The growth pace was the most rapid in 2021 when exports increased by 501% against the previous year. As a result, the exports reached the peak of X units, and then shrank dramatically in the following year.

In value terms, percussion musical instrument exports dropped rapidly to $X in 2022. In general, exports, however, enjoyed significant growth. The pace of growth appeared the most rapid in 2021 when exports increased by 537%. As a result, the exports attained the peak of $X, and then shrank remarkably in the following year.

Exports by Country

Bahrain (X units), Germany (X units) and Canada (X units) were the main destinations of percussion musical instrument exports from Iran, together accounting for 75% of total exports. Azerbaijan, Turkey and China lagged somewhat behind, together comprising a further 21%.

From 2012 to 2022, the biggest increases were recorded for China (with a CAGR of +157.8%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X) remains the key foreign market for percussion musical instruments exports from Iran, comprising 42% of total exports. The second position in the ranking was taken by Canada ($X), with a 4.4% share of total exports. It was followed by Turkey, with a 2.2% share.

From 2012 to 2022, the average annual rate of growth in terms of value to Germany amounted to +36.1%. Exports to the other major destinations recorded the following average annual rates of exports growth: Canada (+7.4% per year) and Turkey (+9.7% per year).

Export Prices by Country

The average percussion musical instrument export price stood at $X per unit in 2022, surging by 48% against the previous year. Over the period under review, the export price recorded a prominent expansion. The growth pace was the most rapid in 2016 an increase of 161% against the previous year. Over the period under review, the average export prices attained the peak figure at $X per unit in 2018; however, from 2019 to 2022, the 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 Germany ($X per unit), while the average price for exports to Bahrain ($X 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 Germany (-9.0%), while the prices for the other major destinations experienced a decline.

Percussion Musical Instrument Imports

Imports into Iran

Percussion musical instrument imports into Iran soared to X units in 2022, picking up by 305% against the previous year. Overall, imports, however, showed a deep setback. The most prominent rate of growth was recorded in 2013 with an increase of 338% against the previous year. Over the period under review, imports attained the maximum at X units in 2014; however, from 2015 to 2022, imports stood at a somewhat lower figure.

In value terms, percussion musical instrument imports soared to $X in 2022. Over the period under review, imports, however, showed a abrupt setback. Over the period under review, imports hit record highs at $X in 2014; however, from 2015 to 2022, imports failed to regain momentum.

Imports by Country

In 2022, China (X units) was the main supplier of percussion musical instrument to Iran, accounting for a approx. 100% share of total imports.

From 2012 to 2022, the average annual rate of growth in terms of volume from China amounted to -3.8%.

In value terms, China ($X) constituted the largest supplier of percussion musical instruments to Iran.

From 2012 to 2022, the average annual rate of growth in terms of value from China was relatively modest.

Import Prices by Country

The average percussion musical instrument import price stood at $X per unit in 2022, increasing by 8.9% against the previous year. In general, the import price, however, recorded a perceptible setback. The pace of growth was the most pronounced in 2016 an increase of 77%. The import price peaked at $X per unit in 2019; however, from 2020 to 2022, import prices stood at a somewhat lower figure.

As there is only one major supplying country, the average price level is determined by prices for China.

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

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for percussion musical instruments in the world?

China remains the largest percussion musical instrument consuming country worldwide, comprising approx. 21% of total volume. Moreover, percussion musical instrument consumption in China exceeded the figures recorded by the second-largest consumer, the United States, twofold. India ranked third in terms of total consumption with a 9.5% share.

What are the largest producers of percussion musical instruments in the world?

China constituted the country with the largest volume of percussion musical instrument production, accounting for 33% of total volume. Moreover, percussion musical instrument production in China exceeded the figures recorded by the second-largest producer, India, threefold. The third position in this ranking was occupied by the United States, with a 6% share.

What are the leading suppliers of percussion musical instruments to Iran?

In value terms, India constituted the largest supplier of percussion musical instrument to Iran, comprising 91% of total imports. The second position in the ranking was occupied by Turkey, with an 8.9% share of total imports.

What are the leading importers of percussion musical instruments from Iran?

In value terms, Germany emerged as the key foreign market for percussion musical instrument exports from Iran, comprising 79% of total exports. The second position in the ranking was occupied by Turkey, with an 11% share of total exports. It was followed by Canada, with a 2.5% share.

What is the average export price for percussion musical instruments in Iran?

The average percussion musical instrument export price stood at $36 per unit in 2021, falling by -13.3% against the previous year.

What is the average import price for percussion musical instruments in Iran?

The average percussion musical instrument import price stood at $26 per unit in 2021, waning by -42.6% against the previous year.

This report provides an in-depth analysis of the percussion musical instrument market in Iran. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

Prodcom 32201510 - Percussion musical instruments

Country coverage:

Iran

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Iran
Export and import prices
Market trends, drivers and restraints
Key market players and their profiles

Reasons to buy this report:

Take advantage of the latest data
Find deeper insights into current market developments
Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023