Trade Resources Industry Trends China Musical Instruments Parts Export Analysis

China Musical Instruments Parts Export Analysis

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China Musical Instruments Parts (Strings, Metronomes, Tuning forks) Export Volume &Value

Month Volume(kg) Value(USD) Y-o-Y
Volume Value
Jan. 2,542,231 19,307,321 -10.10% -3.50%
Feb. 2,073,647 17,351,599 42.90% 73.40%
Mar. 1,758,336 13,121,988 -20.80% -17.60%
Apr. 2,407,387 18,615,793 -12% -3.80%
May 2,718,493 20,912,130 -9.60% -8.60%
Jun. 2,653,490 20,477,721 21.50% 22.50%
Total 14,153,584 109,786,552 -1.90% 4.70%

From January to June in 2015, China musical instruments parts export value reached USD 110 million, up 4.7% by year, while the export volume reached 14000 tons, down 1.9% by year.

From January to June in 2015, the export volume and value in February all has a remarkable growth by year. The export volume grew by 42.9% and the export value grew by 73.4%.

Major Regions for China’s Musical Instruments Parts Export

No. Country/Region Volume(kg) Value(USD) Y-o-Y
Volume Value
1 Indonesia 3,391,807 24,291,934 -6.50% 4.80%
2 America 2,923,192 21,653,488 6.40% 26%
3 Japan 849,273 8,042,667 -11.30% -5%
4 Germany 1,074,816 7,623,572 -4.90% -1.50%
5 Hong Kong 399,608 5,434,239 -8.30% -17.70%
6 Korea 830,716 4,714,856 9.10% 6.70%
7 England 385,604 2,959,968 22.50% -0.10%
8 Netherlands 288,373 2,876,563 10% 13.70%
9 Taiwan 268,573 2,425,297 59.50% 47.40%
10 Malaysia 179,539 1,944,783 20.10% 12.50%
11 Australia 242,611 1,606,720 20.60% 17.20%
12 Canada 243,378 1,606,181 23.40% 22.50%
13 France 267,153 1,599,705 -15.50% -15.70%
14 Brazil 197,214 1,595,348 -4.40% 6.80%
15 India 107,997 1,590,505 -13.40% 74.70%
16 Mexico 186,071 1,552,403 38.80% 50.30%
17 Thailand 97,134 1,274,694 26.20% 115.40%
18 Italy 247,974 1,251,103 -32.30% -17%
19 Czech Republic 173,182 1,205,589 -11% -12.50%
20 Nigeria 160,375 889,992 -29.70% -31.60%

China Musical Instruments Parts Export Analysis

From January to June in 2015, the export data shows that Indonesia, America, Japan, Germany, Hong Kong, Korea, England, Netherlands, Taiwan and Malaysia topped the country list for China’s musical instruments parts export. Indonesia is the largest export market for China’s musical instruments parts, followed by America and Japan. The export value to these three countries accounted for 22.1%, 19.7%, and 7.3% of China’s musical instruments parts total export value respectively.

From January to June in 2015, in the top 20 export markets, the export value to Thailand grew fastest, 115.4% higher than that in 2014.

Distribution of China’s Musical Instruments Parts Origins

No. Region Volume(kg) Value(USD) Y-o-Y
Volume Value
1 Guangdong 2,634,506 31,244,584 5.20% 7.30%
2 Zhejiang 4,530,827 27,241,688 3.60% 7.50%
3 Tianjin 2,601,242 17,465,441 -12.50% -2.40%
4 Jiangsu 661,396 9,275,445 4% 1.80%
5 Shanghai 778,255 7,067,538 17.30% 25.50%
6 Shandong 594,149 4,659,209 -30.80% -17.20%
7 Hebei 1,464,959 4,338,247 12.60% 22.40%
8 Heilongjiang 582,512 2,469,400 -8.50% 9.80%
9 Beijing 62,937 1,650,703 -53.20% -25.30%
10 Hubei 114,437 1,613,569 -27.20% -17.10%

Guangdong, Zhejiang and Tianjin are the major origins for China’s musical instruments parts export. From January to June in 2015, the above three provinces’ total export volume accounted for 69% of China’s total export, while the total export value accounted for 69.2% of the total.

Source: www.made-in-china.com
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