Price for Musical Instruments; Parts and Accessories for Pianos in New Zealand - 2024
Contents:
- Price for Musical Instruments; Parts and Accessories for Pianos in New Zealand (CIF) - 2022
- Price for Musical Instruments; Parts and Accessories for Pianos in New Zealand (FOB) - 2022
- Imports of Musical Instruments; Parts and Accessories for Pianos in New Zealand
- Exports of Musical Instruments; Parts and Accessories for Pianos in New Zealand
Price for Musical Instruments; Parts and Accessories for Pianos in New Zealand (CIF) - 2022
In 2022, the average import price for musical instruments; parts and accessories for pianoses amounted to $19,031 per ton, waning by -2.6% against the previous year. Overall, the import price saw a abrupt curtailment. The pace of growth appeared the most rapid in 2018 an increase of 20%. The import price peaked at $50,277 per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Japan ($26,924 per ton), while the price for Germany ($16,091 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Malaysia (+5.4%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Musical Instruments; Parts and Accessories for Pianos in New Zealand (FOB) - 2022
The average export price for musical instruments; parts and accessories for pianoses stood at $251,000 per ton in 2022, with an increase of 343% against the previous year. In general, the export price saw a significant expansion. The most prominent rate of growth was recorded in 2014 when the average export price increased by 881%. The export price peaked in 2022 and is expected to retain growth in years to come.
As there is only one major export destination, the average price level is determined by prices for Canada.
From 2012 to 2022, the rate of growth in terms of prices for Singapore amounted to +20.0% per year.
Imports of Musical Instruments; Parts and Accessories for Pianos in New Zealand
For the fourth year in a row, New Zealand recorded growth in purchases abroad of musical instruments; parts and accessories for pianoses, which increased by 8.3% to 5.9 tons in 2022. The total import volume increased at an average annual rate of +12.8% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2021 with an increase of 20%. Over the period under review, imports of hit record highs in 2022 and are expected to retain growth in the near future.
In value terms, imports of musical instruments; parts and accessories for pianoses reached $112K in 2022. The total import value increased at an average annual rate of +9.8% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2021 with an increase of 17%. Over the period under review, imports of attained the peak figure in 2022 and are likely to see steady growth in the immediate term.
| Import of Musical Instruments; Parts and Accessories for Pianos in New Zealand (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 29.5 | 30.4 | 40.8 | 53.5 | 21.9% |
| China | 26.3 | 41.3 | 23.4 | 25.2 | -1.4% |
| Malaysia | 0.7 | 0.3 | 6.3 | 12.9 | 164.1% |
| United States | 12.3 | 6.8 | 8.6 | 10.2 | -6.0% |
| Japan | 10.3 | 7.5 | 6.0 | 3.9 | -27.7% |
| Indonesia | N/A | N/A | 1.8 | 2.8 | 55.6% |
| Australia | 3.4 | 1.4 | 7.6 | 2.6 | -8.6% |
| Others | 1.8 | 2.8 | 11.4 | 0.9 | -20.6% |
| Total | 84.4 | 90.5 | 106 | 112 | 9.9% |
Top Suppliers of Musical Instruments; Parts and Accessories for Pianos to New Zealand in 2022:
- Germany (3322.0 kg)
- China (935.0 kg)
- United States (565.0 kg)
- Malaysia (549.0 kg)
- Australia (154.0 kg)
- Indonesia (153.0 kg)
- Japan (145.0 kg)
Exports of Musical Instruments; Parts and Accessories for Pianos in New Zealand
In 2022, shipments abroad of musical instruments; parts and accessories for pianoses decreased by -89.5% to 2 kg, falling for the second year in a row after two years of growth. In general, exports showed a sharp shrinkage. The growth pace was the most rapid in 2020 with an increase of 108%. As a result, the exports attained the peak of 25 kg. From 2021 to 2022, the growth of the exports of failed to regain momentum.
In value terms, exports of musical instruments; parts and accessories for pianoses fell significantly to $502 in 2022. Overall, exports, however, continue to indicate significant growth. The pace of growth appeared the most rapid in 2020 when exports increased by 264% against the previous year.
| Export of Musical Instruments; Parts and Accessories for Pianos in New Zealand (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Canada | N/A | N/A | N/A | 51.0 | 0% |
| Thailand | N/A | 929 | 474 | N/A | -49.0% |
| Singapore | N/A | N/A | 603 | N/A | 0% |
| Samoa | 255 | N/A | N/A | N/A | 0% |
| Others | N/A | N/A | N/A | 451 | 0% |
| Total | 255 | 929 | 1,077 | 502 | 25.3% |
Top Export Markets for Musical Instruments; Parts and Accessories for Pianos from New Zealand in 2022:
- Canada (2.0 kg)
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