Price for Musical Instruments; Parts and Accessories for Pianos in Brazil - 2024

Contents:

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

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

The average import price for musical instruments; parts and accessories for pianoses stood at $7,965 per ton in 2022, growing by 3.7% against the previous year. Over the period under review, the import price, however, continues to indicate a slight slump. The most prominent rate of growth was recorded in 2018 when the average import price increased by 11%. The import price peaked at $9,311 per ton in 2012; however, from 2013 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 Japan ($11,369 per ton), while the price for Paraguay ($575 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (-0.9%), while the prices for the other major suppliers experienced a decline.

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

The average export price for musical instruments; parts and accessories for pianoses stood at $8,696 per ton in 2022, leveling off at the previous year. Overall, the export price saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 a decrease of 99.9%. Over the period under review, the average export prices reached the maximum in 2022 and is likely to see gradual growth in the near future.

Average prices varied somewhat for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Paraguay ($8,600 per ton), while the average price for exports to the United States totaled $6,710 per ton.

From 2020 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Paraguay (+1.8%).

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

Imports of musical instruments; parts and accessories for pianoses into Brazil contracted to 89 tons in 2022, with a decrease of -5.6% against 2021. In general, total imports indicated a strong increase from 2019 to 2022: its volume increased at an average annual rate of +7.9% 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 +45.1% against 2020 indices. The pace of growth appeared the most rapid in 2021 with an increase of 54%. As a result, imports attained the peak of 94 tons, and then shrank in the following year.

In value terms, imports of musical instruments; parts and accessories for pianoses declined modestly to $710K in 2022. Overall, total imports indicated resilient growth from 2019 to 2022: its value increased at an average annual rate of +14.1% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +58.0% against 2020 indices. The pace of growth appeared the most rapid in 2021 with an increase of 62% against the previous year. As a result, imports attained the peak of $725K, and then dropped modestly in the following year.

Import of Musical Instruments; Parts and Accessories for Pianos in Brazil (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China3833636614535.8%
IndonesiaN/AN/AN/A1540%
Japan14.59.05.119.29.8%
ParaguayN/AN/A1.51.3-13.3%
Others80.477.257.881.90.6%
Total47844972571014.1%

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

  1. China (63.8 tons)
  2. Indonesia (20.2 tons)
  3. Paraguay (2.3 tons)
  4. Japan (1.7 tons)

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

In 2022, the amount of musical instruments; parts and accessories for pianoses exported from Brazil amounted to 92 kg, remaining constant against the previous year's figure. In general, exports recorded a sharp slump. The smallest decline of 99.9% was in 2021.

In value terms, exports of musical instruments; parts and accessories for pianoses stood at $800 in 2022. Overall, exports faced a significant curtailment. The smallest decline of 99.9% was in 2021.

Export of Musical Instruments; Parts and Accessories for Pianos in Brazil (USD)
COUNTRY202020212022CAGR,
2020-2022
United States905N/A463-28.5%
Paraguay614N/A172-47.1%
Others79.0N/A16544.5%
Total1,598N/A800-29.2%

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

  1. United States (69.0 kg)
  2. Paraguay (20.0 kg)

Source: IndexBox Market Intelligence Platform

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