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

Contents:

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

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

The average import price for musical instruments; parts and accessories for pianoses stood at $41,232 per ton in 2022, which is down by -24.8% against the previous year. Over the period under review, the import price, however, enjoyed a mild increase. The most prominent rate of growth was recorded in 2019 an increase of 109%. The import price peaked at $54,807 per ton in 2021, and then dropped significantly in the following year.

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 France ($51,771 per ton), while the price for Spain ($13,195 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (+12.3%), while the prices for the other major suppliers experienced a decline.

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

The average export price for musical instruments; parts and accessories for pianoses stood at $8,468 per ton in 2022, reducing by -83.9% against the previous year. In general, the export price showed a precipitous contraction. The growth pace was the most rapid in 2021 when the average export price increased by 55% against the previous year. Over the period under review, the average export prices attained the maximum at $167,000 per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

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 Russia ($54,614 per ton), while the average price for exports to Kazakhstan totaled $4,055 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Russia (+1.5%).

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

In 2022, imports of musical instruments; parts and accessories for pianoses into Lithuania surged to 794 kg, growing by 25% against the previous year. Over the period under review, imports, however, recorded a precipitous setback.

In value terms, imports of musical instruments; parts and accessories for pianoses shrank to $33K in 2022. Overall, imports, however, showed a dramatic contraction. The growth pace was the most rapid in 2021 with an increase of 84% against the previous year.

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

1. France (350.0 kg)
2. Germany (225.0 kg)
3. Spain (190.0 kg)

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

After two years of decline, overseas shipments of musical instruments; parts and accessories for pianoses increased by 568% to 802 kg in 2022. Over the period under review, exports, however, continue to indicate a precipitous descent.

In value terms, exports of musical instruments; parts and accessories for pianoses expanded notably to $6.8K in 2022. Overall, exports, however, saw a precipitous contraction.

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

1. Kazakhstan (732.0 kg)
2. Russia (70.0 kg)

Source: IndexBox Market Intelligence Platform