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

Contents:

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

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

In 2022, the average import price for musical instruments; parts and accessories for pianoses amounted to $34,985 per ton, growing by 14% against the previous year. Overall, the import price saw a resilient increase. The most prominent rate of growth was recorded in 2013 an increase of 99% against the previous year. The import price peaked in 2022 and is expected to retain growth in years to come.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Belgium ($56,421 per ton), while the price for the United States ($7,333 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Belgium (+60.9%), while the prices for the other major suppliers experienced more modest paces of growth.

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

The average export price for musical instruments; parts and accessories for pianoses stood at $24,460 per ton in 2022, declining by -11.3% against the previous year. Over the period under review, the export price, however, saw resilient growth. The pace of growth appeared the most rapid in 2014 an increase of 78%. Over the period under review, the average export prices hit record highs at $27,580 per ton in 2021, and then declined in the following year.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($44,670 per ton), while the average price for exports to the UK ($3,234 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 Romania (+39.3%), while the prices for the other major destinations experienced more modest paces of growth.

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

In 2022, the amount of musical instruments; parts and accessories for pianoses imported into Slovakia reduced modestly to 1.7 tons, which is down by -4.2% against the previous year's figure. Overall, imports faced a dramatic downturn.

In value terms, imports of musical instruments; parts and accessories for pianoses expanded remarkably to $60K in 2022. In general, imports continue to indicate a abrupt setback. The pace of growth was the most pronounced in 2021 when imports increased by 25% against the previous year.

Import of Musical Instruments; Parts and Accessories for Pianos in Slovakia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany47.920.926.935.8-9.2%
France10.64.73.510.2-1.3%
Austria4.89.67.95.65.3%
Belgium1.70.45.13.223.5%
Netherlands0.70.40.61.631.7%
Italy26.81.00.81.0-66.6%
United States0.40.40.10.3-9.1%
China11.61.61.9N/A-59.5%
Others2.75.18.32.4-3.9%
Total10744.155.160.1-17.5%

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

  1. Germany (985.0 kg)
  2. France (270.0 kg)
  3. Austria (196.0 kg)
  4. Belgium (57.0 kg)
  5. Italy (50.0 kg)
  6. Netherlands (42.0 kg)
  7. United States (42.0 kg)

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

Exports of musical instruments; parts and accessories for pianoses from Slovakia declined dramatically to 2 tons in 2022, waning by -57.3% against the year before. In general, exports saw a sharp contraction. The most prominent rate of growth was recorded in 2021 when exports increased by 22%.

In value terms, exports of musical instruments; parts and accessories for pianoses reduced markedly to $49K in 2022. Overall, exports continue to indicate a precipitous setback. The pace of growth appeared the most rapid in 2021 with an increase of 94% against the previous year. As a result, the exports reached the peak of $129K, and then dropped notably in the following year.

Export of Musical Instruments; Parts and Accessories for Pianos in Slovakia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Poland28.919.625.022.1-8.6%
United States0.15.95.412.9405.3%
Czech Republic41.711.833.111.6-34.7%
Germany10.47.79.61.3-50.0%
United Kingdom1.91.10.10.7-28.3%
France2.43.18.50.1-65.3%
Hungary17.56.616.90.1-82.1%
Bulgaria4.11.35.2N/A12.6%
Romania7.82.98.7N/A5.6%
Others10.06.216.40.1-78.5%
Total12566.312948.8-26.9%

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

  1. Poland (1148.0 kg)
  2. Czech Republic (292.0 kg)
  3. United States (288.0 kg)
  4. United Kingdom (205.0 kg)
  5. Germany (40.0 kg)
  6. France (5.0 kg)
  7. Hungary (4.0 kg)

Source: IndexBox Market Intelligence Platform

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