Price for Musical Instruments; Parts and Accessories for Pianos in Australia - 2024
Contents:
- Price for Musical Instruments; Parts and Accessories for Pianos in Australia (CIF) - 2022
- Price for Musical Instruments; Parts and Accessories for Pianos in Australia (FOB) - 2022
- Imports of Musical Instruments; Parts and Accessories for Pianos in Australia
- Exports of Musical Instruments; Parts and Accessories for Pianos in Australia
Price for Musical Instruments; Parts and Accessories for Pianos in Australia (CIF) - 2022
In 2022, the average import price for musical instruments; parts and accessories for pianoses amounted to $20,052 per ton, therefore, remained relatively stable against the previous year. Over the last decade, it increased at an average annual rate of +2.2%. The pace of growth was the most pronounced in 2016 when the average import price increased by 48%. Over the period under review, average import prices attained the peak figure at $20,585 per ton in 2019; however, from 2020 to 2022, import prices remained at a 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 China ($30,447 per ton), while the price for Italy ($8,616 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+18.7%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Musical Instruments; Parts and Accessories for Pianos in Australia (FOB) - 2022
The average export price for musical instruments; parts and accessories for pianoses stood at $96,486 per ton in 2022, picking up by 15% against the previous year. Overall, the export price posted a prominent expansion. The pace of growth appeared the most rapid in 2013 when the average export price increased by 140% against the previous year. Over the period under review, the average export prices attained the maximum in 2022 and is likely to see steady growth in the immediate term.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was France ($82,378 per ton), while the average price for exports to New Zealand ($39,767 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 Japan (+75.8%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Musical Instruments; Parts and Accessories for Pianos in Australia
In 2022, imports of musical instruments; parts and accessories for pianoses into Australia skyrocketed to 17 tons, growing by 40% on the previous year. The total import volume increased at an average annual rate of +4.4% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period.
In value terms, imports of musical instruments; parts and accessories for pianoses soared to $347K in 2022. The total import value increased at an average annual rate of +3.5% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years.
| Import of Musical Instruments; Parts and Accessories for Pianos in Australia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 57.6 | 93.5 | 87.7 | 124 | 29.1% |
| China | 30.5 | 90.4 | 47.9 | 90.5 | 43.7% |
| Japan | 160 | 40.9 | 30.1 | 66.2 | -25.5% |
| United States | 48.5 | 39.4 | 46.9 | 42.0 | -4.7% |
| Italy | N/A | N/A | 1.7 | 11.6 | 582.4% |
| Austria | N/A | N/A | 3.0 | 6.0 | 100.0% |
| United Kingdom | 4.2 | 83.3 | 7.3 | 0.8 | -42.5% |
| South Korea | N/A | 10.9 | 18.3 | N/A | 67.9% |
| Others | 12.3 | 10.3 | 7.2 | 5.7 | -22.6% |
| Total | 313 | 369 | 250 | 347 | 3.5% |
Top Suppliers of Musical Instruments; Parts and Accessories for Pianos to Australia in 2022:
- Germany (7.4 tons)
- Japan (3.1 tons)
- China (3.0 tons)
- United States (1.5 tons)
- Italy (1.4 tons)
- Austria (0.7 tons)
Exports of Musical Instruments; Parts and Accessories for Pianos in Australia
After three years of growth, overseas shipments of musical instruments; parts and accessories for pianoses decreased by -81.8% to 564 kg in 2022. Over the period under review, exports continue to indicate a sharp curtailment. The growth pace was the most rapid in 2020 when exports increased by 138%.
In value terms, exports of musical instruments; parts and accessories for pianoses contracted sharply to $54K in 2022. In general, exports continue to indicate a abrupt downturn. The growth pace was the most rapid in 2020 with an increase of 101% against the previous year.
| Export of Musical Instruments; Parts and Accessories for Pianos in Australia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Kingdom | N/A | 52.7 | 80.1 | 20.4 | -37.8% |
| Vietnam | N/A | N/A | 52.3 | 11.0 | -79.0% |
| France | N/A | 1.4 | 1.6 | 6.8 | 120.4% |
| New Zealand | 4.1 | 24.0 | 6.4 | 2.4 | -16.3% |
| United States | 2.8 | 50.9 | 30.8 | 1.6 | -17.0% |
| Hong Kong SAR | 7.0 | 21.1 | 4.2 | N/A | -22.5% |
| Japan | 11.8 | 2.8 | 5.8 | N/A | -29.9% |
| Germany | 5.4 | 10.5 | 19.2 | N/A | 88.6% |
| Canada | 8.5 | 19.1 | 12.3 | N/A | 20.3% |
| Others | 53.5 | 4.9 | 48.2 | 12.3 | -38.7% |
| Total | 93.0 | 187 | 261 | 54.4 | -16.4% |
Top Export Markets for Musical Instruments; Parts and Accessories for Pianos from Australia in 2022:
- United Kingdom (248.0 kg)
- Vietnam (134.0 kg)
- France (82.0 kg)
- New Zealand (60.0 kg)
- United States (40.0 kg)
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