Price for Musical Instruments; Parts and Accessories for Pianos in Italy - 2023
Contents:
- Price for Musical Instruments; Parts and Accessories for Pianos in Italy (FOB) - 2022
- Price for Musical Instruments; Parts and Accessories for Pianos in Italy (CIF) - 2022
- Exports of Musical Instruments; Parts and Accessories for Pianos in Italy
- Imports of Musical Instruments; Parts and Accessories for Pianos in Italy
Price for Musical Instruments; Parts and Accessories for Pianos in Italy (FOB) - 2022
The average export price for musical instruments; parts and accessories for pianoses stood at $125,227 per ton in 2022, increasing by 464% against the previous year. Overall, the export price saw a significant increase. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.
There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Canada ($461,092 per ton), while the average price for exports to Poland ($18,742 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 Canada (+28.3%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Musical Instruments; Parts and Accessories for Pianos in Italy (CIF) - 2022
The average import price for musical instruments; parts and accessories for pianoses stood at $33,552 per ton in 2022, increasing by 5.8% against the previous year. In general, the import price, however, saw a relatively flat trend pattern. The growth pace was the most rapid in 2018 an increase of 29% against the previous year. The import price peaked at $43,055 per ton in 2014; however, from 2015 to 2022, import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the UK ($114,714 per ton), while the price for China ($9,084 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the UK (+14.9%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Musical Instruments; Parts and Accessories for Pianos in Italy
In 2022, overseas shipments of musical instruments; parts and accessories for pianoses decreased by -24.1% to 51 tons, falling for the second year in a row after two years of growth. Overall, exports, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 with an increase of 103% against the previous year. As a result, the exports reached the peak of 104 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 soared to $6.4M in 2022. Over the period under review, exports, however, recorded a significant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
| Export of Musical Instruments; Parts and Accessories for Pianos in Italy (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Canada | N/A | N/A | 7.8 | 5,004 | 64053.8% |
| Germany | 462 | 522 | 617 | 719 | 15.9% |
| Czech Republic | 187 | 195 | 390 | 310 | 18.4% |
| Japan | 20.4 | 22.5 | 4.5 | 80.6 | 58.1% |
| Australia | 2.4 | N/A | 32.5 | 51.6 | 178.1% |
| United States | N/A | 63.0 | 38.3 | 44.8 | -15.7% |
| Poland | 86.0 | 40.9 | 49.3 | 34.3 | -26.4% |
| United Kingdom | 60.5 | 17.0 | 16.7 | 15.9 | -35.9% |
| China | 108 | 105 | 5.5 | 3.1 | -69.4% |
| Tunisia | N/A | 399 | 77.0 | N/A | -80.7% |
| Others | 152 | 215 | 258 | 144 | -1.8% |
| Total | 1,078 | 1,579 | 1,497 | 6,407 | 81.1% |
Top Export Markets for Musical Instruments; Parts and Accessories for Pianos from Italy in 2022:
- Germany (19.3 tons)
- Canada (10.9 tons)
- Czech Republic (9.5 tons)
- Japan (2.4 tons)
- Poland (1.8 tons)
- United States (1.6 tons)
- Australia (1.3 tons)
- United Kingdom (0.8 tons)
- China (0.1 tons)
Imports of Musical Instruments; Parts and Accessories for Pianos in Italy
In 2022, purchases abroad of musical instruments; parts and accessories for pianoses decreased by -2.1% to 54 tons, falling for the second year in a row after two years of growth. Over the period under review, imports recorded a pronounced downturn. The pace of growth appeared the most rapid in 2020 when imports increased by 17%. As a result, imports reached the peak of 69 tons. From 2021 to 2022, the growth of imports of failed to regain momentum.
In value terms, imports of musical instruments; parts and accessories for pianoses stood at $1.8M in 2022. In general, imports continue to indicate a slight contraction. The pace of growth was the most pronounced in 2020 with an increase of 5%. As a result, imports attained the peak of $2M. 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 Italy (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 943 | 953 | 1,124 | 1,260 | 10.1% |
| Denmark | 91.3 | 87.5 | 103 | 135 | 13.9% |
| China | 440 | 607 | 161 | 113 | -36.4% |
| Belgium | N/A | N/A | 5.5 | 74.1 | 1247.3% |
| Austria | 66.6 | 46.1 | 76.1 | 54.8 | -6.3% |
| South Korea | 69.6 | 30.7 | 28.6 | 41.2 | -16.0% |
| Poland | 59.3 | 94.0 | 58.8 | 26.1 | -23.9% |
| United Kingdom | 65.3 | 19.7 | 10.2 | 4.8 | -58.1% |
| Indonesia | 28.5 | 82.1 | 49.0 | N/A | 31.1% |
| Others | 147 | 85.7 | 133 | 104 | -10.9% |
| Total | 1,910 | 2,006 | 1,748 | 1,812 | -1.7% |
Top Suppliers of Musical Instruments; Parts and Accessories for Pianos to Italy in 2022:
- Germany (26.3 tons)
- China (12.4 tons)
- Austria (5.5 tons)
- Denmark (2.7 tons)
- Belgium (2.1 tons)
- Poland (1.6 tons)
- South Korea (0.9 tons)
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