Price for Music, Printed or in Manuscript in Russia - 2022

Contents:

1. Price for Music, Printed or in Manuscript in Russia (FOB) - 2022
2. Price for Music, Printed or in Manuscript in Russia (CIF) - 2022
3. Exports of Music, Printed or in Manuscript in Russia
4. Imports of Music, Printed or in Manuscript in Russia

Price for Music, Printed or in Manuscript in Russia (FOB) - 2022

The average export price for music, printed or in manuscript, whether or not bound or illustrated stood at $22,436 per ton in 2022, declining by -7% against the previous year. Over the period under review, the export price continues to indicate a mild contraction. The growth pace was the most rapid in 2014 when the average export price increased by 34%. As a result, the export price reached the peak level of $39,885 per ton. From 2015 to 2022, the average export prices remained at a lower figure.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($28,315 per ton), while the average price for exports to Kazakhstan ($11,855 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Finland (+12.8%), while the prices for the other major destinations experienced mixed trend patterns.

Price for Music, Printed or in Manuscript in Russia (CIF) - 2022

In 2022, the average import price for music, printed or in manuscript, whether or not bound or illustrated amounted to $22,807 per ton, jumping by 318% against the previous year. In general, the import price recorded a relatively flat trend pattern. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

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

From 2012 to 2022, the rate of growth in terms of prices for Italy amounted to +7.2% per year.

Exports of Music, Printed or in Manuscript in Russia

In 2022, shipments abroad of music, printed or in manuscript, whether or not bound or illustrated decreased by -5% to 6.4 tons for the first time since 2018, thus ending a three-year rising trend. The total export volume increased at an average annual rate of +5.7% from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being observed throughout the analyzed period. The most prominent rate of growth was recorded in 2021 when exports increased by 13% against the previous year. As a result, the exports reached the peak of 6.7 tons, and then declined in the following year.

In value terms, music, printed or in manuscript exports contracted to $143K in 2022. Over the period under review, exports showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 when exports increased by 30%. As a result, the exports reached the peak of $162K, and then dropped in the following year.

Top Export Markets for Music, Printed or in Manuscript from Russia in 2022:

1. Finland (4.3 tons)
2. Belarus (1.0 tons)
3. United States (0.6 tons)
4. Kazakhstan (0.4 tons)

Imports of Music, Printed or in Manuscript in Russia

In 2022, after three years of growth, there was significant decline in purchases abroad of music, printed or in manuscript, whether or not bound or illustrated, when their volume decreased by -79.8% to 5 tons. In general, imports saw a dramatic slump. The most prominent rate of growth was recorded in 2021 with an increase of 55% against the previous year. As a result, imports reached the peak of 25 tons, and then dropped markedly in the following year.

In value terms, music, printed or in manuscript imports shrank markedly to $114K in 2022. Over the period under review, total imports indicated a resilient expansion from 2019 to 2022: its value increased at an average annual rate of +7.4% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +24.0% against 2019 indices. The pace of growth was the most pronounced in 2021 with an increase of 45%. As a result, imports reached the peak of $135K, and then fell notably in the following year.

Top Suppliers of Music, Printed or in Manuscript to Russia in 2022:

1. Germany (5.0 tons)

Source: IndexBox Market Intelligence Platform