Price for Musical Instruments; Parts and Accessories for Pianos in Belarus - 2022

Contents:

1. Price for Musical Instruments; Parts and Accessories for Pianos in Belarus (CIF) - 2022
2. Price for Musical Instruments; Parts and Accessories for Pianos in Belarus (FOB) - 2022
3. Imports of Musical Instruments; Parts and Accessories for Pianos in Belarus
4. Exports of Musical Instruments; Parts and Accessories for Pianos in Belarus

Price for Musical Instruments; Parts and Accessories for Pianos in Belarus (CIF) - 2022

The average import price for musical instruments; parts and accessories for pianoses stood at $14,126 per ton in 2022, growing by 20% against the previous year. Overall, the import price, however, recorded a abrupt descent. The pace of growth appeared the most rapid in 2014 an increase of 140%. As a result, import price reached the peak level of $74,576 per ton. From 2015 to 2022, the average import prices failed to regain momentum.

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 Germany ($46,918 per ton), while the price for China totaled $6,663 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (-1.0%).

Price for Musical Instruments; Parts and Accessories for Pianos in Belarus (FOB) - 2022

The average export price for musical instruments; parts and accessories for pianoses stood at $27,670 per ton in 2022, rising by 34% against the previous year. Over the period under review, the export price recorded a significant expansion. The growth pace was the most rapid in 2021 when the average export price increased by 1,324%. 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 Russia.

From 2016 to 2022, the rate of growth in terms of prices for Russia amounted to +60.8% per year.

Imports of Musical Instruments; Parts and Accessories for Pianos in Belarus

For the third consecutive year, Belarus recorded decline in supplies from abroad of musical instruments; parts and accessories for pianoses, which decreased by -3.5% to 91 tons in 2022. Over the period under review, imports saw a precipitous curtailment. The smallest decline of -3.5% was in 2020.

In value terms, imports of musical instruments; parts and accessories for pianoses skyrocketed to $1.3M in 2022. Overall, imports faced a deep contraction.

Top Suppliers of Musical Instruments; Parts and Accessories for Pianos to Belarus in 2022:

1. China (74.1 tons)
2. Germany (16.9 tons)

Exports of Musical Instruments; Parts and Accessories for Pianos in Belarus

After two years of decline, shipments abroad of musical instruments; parts and accessories for pianoses increased by 184% to 412 kg in 2022. Over the period under review, exports, however, showed a abrupt setback.

In value terms, exports of musical instruments; parts and accessories for pianoses soared to $11K in 2022. In general, exports enjoyed a significant expansion. The pace of growth appeared the most rapid in 2021 when exports increased by 400%. Over the period under review, the exports of hit record highs in 2022 and are likely to see steady growth in the immediate term.

Top Export Markets for Musical Instruments; Parts and Accessories for Pianos from Belarus in 2022:

1. Russia (412.0 kg)

Source: IndexBox Market Intelligence Platform