Price for Musical Instruments; Parts and Accessories for Pianos in Peru - 2022

Contents:

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

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

In 2022, the average import price for musical instruments; parts and accessories for pianoses amounted to $14,340 per ton, growing by 35% against the previous year. In general, the import price enjoyed perceptible growth. The most prominent rate of growth was recorded in 2015 when the average import price increased by 102% against the previous year. The import price peaked in 2022 and is likely to see gradual growth in the near future.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the United States ($15,200 per ton), while the price for China stood at $14,297 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+26.8%), while the prices for the other major suppliers experienced mixed trend patterns.

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

The average export price for musical instruments; parts and accessories for pianoses stood at $10,482 per ton in 2022, dropping by -12% against the previous year. In general, the export price showed a noticeable curtailment. The export price peaked at $13,000 per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.

As there is only one major export destination, the average price level is determined by prices for Chile.

From 2012 to 2022, the rate of growth in terms of prices for Costa Rica amounted to -6.4% per year.

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

In 2022, approx. 318 kg of musical instruments; parts and accessories for pianoses were imported into Peru; with a decrease of -76.1% compared with the previous year's figure. In general, imports recorded a sharp decline. The most prominent rate of growth was recorded in 2021 when imports increased by 232% against the previous year.

In value terms, imports of musical instruments; parts and accessories for pianoses contracted notably to $4.6K in 2022. Overall, imports recorded a dramatic contraction. The pace of growth appeared the most rapid in 2021 with an increase of 203%. As a result, imports reached the peak of $14K, and then contracted sharply in the following year.

Import of Musical Instruments; Parts and Accessories for Pianos in Peru (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China4.00.83.74.32.4%
United StatesN/AN/AN/A0.20%
Japan0.1N/A0.1N/A0.0%
Chile2.61.55.3N/A42.8%
Panama3.92.03.9N/A0.0%
Others0.60.31.1N/A35.4%
Total11.24.714.24.6-25.7%

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

  1. China (303.0 kg)
  2. United States (15.0 kg)

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

In 2022, exports of musical instruments; parts and accessories for pianoses from Peru contracted dramatically to 56 kg, with a decrease of -17.6% on 2021 figures. Over the period under review, exports faced a abrupt downturn.

In value terms, exports of musical instruments; parts and accessories for pianoses dropped notably to $587 in 2022. Overall, exports faced a sharp contraction.

Export of Musical Instruments; Parts and Accessories for Pianos in Peru (USD)
COUNTRY20212022CAGR,
2021-2022
Chile810587-27.5%
OthersN/AN/A0%
Total810587-27.5%

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

  1. Chile (56.0 kg)

Source: IndexBox Market Intelligence Platform

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