Imports Decline In Second Quarter
...of ukuleles (+26.9%), acoustic guitars over $299 retail (+11.6%), portable keyboards (+18.7%), and synthesizers (+4.1%), every category included in this quarterly report declined for the three-month period ending June 30.
Imports to the U.S.A. of lower-priced acoustic guitars (under $299 retail) declined 23.4% in units. The decline was led by a 45.5% decline from producers in Indonesia and a 13% drop from manufacturers in China. Electric guitar imports fell 10.7%, marked by a 39% decline from producers in Korea and a 21.1% decrease from manufacturers in Indonesia.
The acoustic piano market registered a 23.3% decline in units for the quarter, with grand pianos down 31.2% and vertical pianos off 18.5%. Exports from China were down substantially: grand pianos -39.6% and vertical pianos -37.1%. Every size category included in the piano reporting registered declines.
School music imports were down 11% in units compared to an unusually strong period the year before. On a year-to-date basis, the school category is off just 3.5% in units, with 99% of the decline attributable to lower imports of clarinets and flutes from producers in Indonesia.
Drum imports dropped 7.8% for the quarter largely a result of a 21.3% export decline from Thailand. Cymbal imports fell 19.2% to 65,524 units compared to 81,073 units in the same period last year. Canadian exports declined 28%, and German exports fell 26%.
The pro audio category dropped as well, led by the following categories: power amps (-5%), microphones (-4.5%), single speaker enclosures (-14.3%), and multiple speaker enclosures (-11.8%).
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