Imports Surge In The Latest Quarter
New data report shows supply chain has rebooted
A just released report from Music Trades with a comprehensive analysis of the most recent import data reveals that the global network of musical instrument and audio manufacturers has staged a remarkable comeback in the third quarter after COVID factory shutdowns in the Spring cut imports into the U.S.A on average by more than 50%. The 30-page report which also includes a 5-year Excel file with historical import data, sheds light on how the industry’s global supply chain has clearly rebooted.
Compared to the low points of the second quarter, import quantities for some product categories surged ahead in the just completed third quarter by over 100%. The report contains a wealth of details that will help retailers and manufacturers to better understand the state of the supply-chain as the industry approaches the all-important fourth-quarter selling season.
Data in this 30 page report includes import quantities and values, as well as quantities by top countries. From grand pianos to electric guitars and power amplifiers, this quarterly data provides invaluable perspective on trends in the music and audio markets. The reports also includes an Excel file with five years on in-depth product history. Categories covered include: Fretted Instruments, Acoustic Guitars Under $299, Acoustic Guitars Over $299, Total Acoustic Guitars, Electric Guitars, Ukuleles, Vertical Pianos, Grand Pianos , Total Acoustic Pianos, Brasswinds, Clarinets, Saxophones, Flutes, Stringed Instruments, Drums, Cymbals, Synthesizers, Portables Keyboards, Digital Pianos, Power Amps, Microphones, Loudspeakers (single), Loudspeakers (multi), Music Cases for instruments and audio gear, Strings for fretted and stringed instruments, Effects pedals.