Price for Musical Instruments; Parts and Accessories for Pianos in Greece - 2023

Contents:

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

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

The average import price for musical instruments; parts and accessories for pianoses stood at $21,641 per ton in 2022, falling by -15% against the previous year. Over the period under review, the import price, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2019 an increase of 57%. The import price peaked at $28,571 per ton in 2020; however, from 2021 to 2022, import prices stood at a somewhat 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 ($84,333 per ton), while the price for China ($6,320 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Japan (+10.0%), while the prices for the other major suppliers experienced more modest paces of growth.

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

The average export price for musical instruments; parts and accessories for pianoses stood at $9,924 per ton in 2022, with a decrease of -9.5% against the previous year. In general, the export price showed a mild shrinkage. The pace of growth appeared the most rapid in 2015 when the average export price increased by 1,675%. As a result, the export price reached the peak level of $139,077 per ton. From 2016 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 Cyprus ($24,870 per ton), while the average price for exports to Romania amounted to $4,942 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Israel (+19.8%).

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

In 2022, the amount of musical instruments; parts and accessories for pianoses imported into Greece contracted significantly to 502 kg, with a decrease of -29% against the previous year's figure. In general, imports, however, recorded a prominent expansion. The pace of growth appeared the most rapid in 2021 with an increase of 316%. As a result, imports reached the peak of 707 kg, and then dropped significantly in the following year.

In value terms, imports of musical instruments; parts and accessories for pianoses dropped significantly to $11K in 2022. Overall, imports, however, continue to indicate strong growth. The growth pace was the most rapid in 2021 with an increase of 271%. As a result, imports attained the peak of $18K, and then declined significantly in the following year.

Import of Musical Instruments; Parts and Accessories for Pianos in Greece (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
South KoreaN/AN/A6.04.4-26.7%
Germany2.62.57.74.217.3%
China1.3N/A1.91.913.5%
Japan2.52.20.10.3-50.7%
United Kingdom0.20.10.3N/A22.5%
Others0.2N/A2.00.1-20.6%
Total6.84.918.010.917.0%

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

  1. China (297.0 kg)
  2. Germany (107.0 kg)
  3. South Korea (93.0 kg)
  4. Japan (3.0 kg)

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

In 2022, approx. 92 kg of musical instruments; parts and accessories for pianoses were exported from Greece; falling by -45.6% against the previous year's figure. In general, exports, however, posted a significant increase. The growth pace was the most rapid in 2021 with an increase of 16,800% against the previous year. As a result, the exports reached the peak of 169 kg, and then reduced dramatically in the following year.

In value terms, exports of musical instruments; parts and accessories for pianoses reduced dramatically to $913 in 2022. Overall, exports, however, enjoyed significant growth. The most prominent rate of growth was recorded in 2021 when exports increased by 30,800%. As a result, the exports attained the peak of $1.9K, and then dropped notably in the following year.

Export of Musical Instruments; Parts and Accessories for Pianos in Greece (USD)
COUNTRY2019202020212022CAGR,
2019-2022
Cyprus1326.097.057263.0%
RomaniaN/AN/AN/A3410%
GermanyN/AN/A345N/A0%
OthersN/AN/A1,412N/A0%
Total1326.01,85491390.5%

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

  1. Romania (69.0 kg)
  2. Cyprus (23.0 kg)

Source: IndexBox Market Intelligence Platform

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