Price for Musical Instruments; Parts and Accessories for Pianos in Denmark - 2023
Contents:
- Price for Musical Instruments; Parts and Accessories for Pianos in Denmark (CIF) - 2023
- Price for Musical Instruments; Parts and Accessories for Pianos in Denmark (FOB) - 2022
- Imports of Musical Instruments; Parts and Accessories for Pianos in Denmark
- Exports of Musical Instruments; Parts and Accessories for Pianos in Denmark
Price for Musical Instruments; Parts and Accessories for Pianos in Denmark (CIF) - 2023
The average import price for musical instruments; parts and accessories for pianoses stood at $36,250 per ton in October 2023, picking up by 9.2% against the previous month. Over the last twelve-month period, it increased at an average monthly rate of +1.7%. The pace of growth appeared the most rapid in April 2023 an increase of 51% month-to-month. As a result, import price attained the peak level of $48,954 per ton. From May 2023 to October 2023, the average import prices failed to regain momentum.
There were significant differences in the average prices amongst the major supplying countries. In October 2023, the country with the highest price was the United States ($83,594 per ton), while the price for Germany totaled $33,961 per ton.
From October 2022 to October 2023, the most notable rate of growth in terms of prices was attained by the United States (+10.0%).
Price for Musical Instruments; Parts and Accessories for Pianos in Denmark (FOB) - 2022
In 2022, the average export price for musical instruments; parts and accessories for pianoses amounted to $36,200 per ton, picking up by 33% against the previous year. Over the period under review, the export price recorded a relatively flat trend pattern. Over the period under review, the average export prices hit record highs at $41,099 per ton in 2013; however, from 2014 to 2022, the export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Japan ($182,781 per ton), while the average price for exports to Switzerland ($14,256 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 the UK (+9.6%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Musical Instruments; Parts and Accessories for Pianos in Denmark
In 2022, the amount of musical instruments; parts and accessories for pianoses imported into Denmark soared to 38 tons, growing by 133% compared with the previous year. Overall, imports saw significant growth.
In value terms, imports of musical instruments; parts and accessories for pianoses surged to $1.3M in 2022. In general, imports enjoyed significant growth. The most prominent rate of growth was recorded in 2020 when imports increased by 166%. As a result, imports attained the peak of $1.7M. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.
| Import of Musical Instruments; Parts and Accessories for Pianos in Denmark (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 354 | 616 | 141 | 817 | 32.2% |
| United States | 86.0 | 162 | 234 | 317 | 54.5% |
| Japan | 8.3 | 3.1 | 37.2 | 64.8 | 98.4% |
| Sweden | 1.9 | 323 | N/A | 19.8 | 118.4% |
| France | 14.1 | 69.6 | N/A | 11.2 | -7.4% |
| United Kingdom | 23.8 | 55.1 | 2.6 | 4.2 | -43.9% |
| Belgium | 129 | 285 | N/A | N/A | 120.9% |
| Others | 22.7 | 192 | 70.0 | 26.8 | 5.7% |
| Total | 640 | 1,705 | 485 | 1,261 | 25.4% |
Top Suppliers of Musical Instruments; Parts and Accessories for Pianos to Denmark in 2022:
- Germany (27.2 tons)
- United States (6.9 tons)
- Japan (2.6 tons)
- Sweden (0.6 tons)
- France (0.2 tons)
- United Kingdom (0.1 tons)
Exports of Musical Instruments; Parts and Accessories for Pianos in Denmark
In 2022, shipments abroad of musical instruments; parts and accessories for pianoses decreased by -45% to 9.7 tons, falling for the second year in a row after two years of growth. Over the period under review, exports, however, enjoyed a prominent expansion. The most prominent rate of growth was recorded in 2020 with an increase of 163%. As a result, the exports attained the peak of 21 tons. From 2021 to 2022, the growth of the exports of remained at a lower figure.
In value terms, exports of musical instruments; parts and accessories for pianoses contracted markedly to $352K in 2022. Overall, exports, however, posted a buoyant expansion. The pace of growth appeared the most rapid in 2020 when exports increased by 105% against the previous year.
| Export of Musical Instruments; Parts and Accessories for Pianos in Denmark (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Norway | 158 | 397 | 390 | 221 | 11.8% |
| United States | 8.3 | 6.9 | 11.2 | 36.4 | 63.7% |
| United Kingdom | N/A | N/A | 22.0 | 28.5 | 29.5% |
| Japan | 18.1 | 13.9 | 23.5 | 26.7 | 13.8% |
| Australia | 6.8 | 9.7 | 10.0 | 15.0 | 30.2% |
| United Arab Emirates | N/A | 4.1 | 1.3 | 8.3 | 42.3% |
| Switzerland | 24.8 | 12.3 | 14.7 | 6.0 | -37.7% |
| Others | 10.2 | 18.1 | 8.1 | 10.0 | -0.7% |
| Total | 226 | 462 | 480 | 352 | 15.9% |
Top Export Markets for Musical Instruments; Parts and Accessories for Pianos from Denmark in 2022:
- Norway (8.1 tons)
- Switzerland (0.4 tons)
- United States (0.3 tons)
- Australia (0.2 tons)
- United Kingdom (0.2 tons)
- United Arab Emirates (0.1 tons)
- Japan (0.1 tons)
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