Price for Musical Instruments; Parts and Accessories for Pianos in the United States - 2023
Contents:
- Price for Musical Instruments; Parts and Accessories for Pianos in the United States (FOB) - 2022
- Price for Musical Instruments; Parts and Accessories for Pianos in the United States (CIF) - 2022
- Exports of Musical Instruments; Parts and Accessories for Pianos in the United States
- Imports of Musical Instruments; Parts and Accessories for Pianos in the United States
Price for Musical Instruments; Parts and Accessories for Pianos in the United States (FOB) - 2022
The average export price for musical instruments; parts and accessories for pianoses stood at $48,104 per ton in 2022, surging by 21% against the previous year. In general, the export price saw a strong expansion. The growth pace was the most rapid in 2016 an increase of 113% against the previous year. Over the period under review, the average export prices reached the peak figure at $94,680 per ton in 2017; however, from 2018 to 2022, the export prices remained at a lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the Netherlands ($58,216 per ton), while the average price for exports to Denmark ($15,911 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 the Netherlands (+11.2%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Musical Instruments; Parts and Accessories for Pianos in the United States (CIF) - 2022
The average import price for musical instruments; parts and accessories for pianoses stood at $23,763 per ton in 2022, picking up by 8% against the previous year. Over the last decade, it increased at an average annual rate of +3.2%. The pace of growth was the most pronounced in 2020 when the average import price increased by 20% against the previous year. As a result, import price reached the peak level of $24,778 per ton. From 2021 to 2022, the average import prices remained at a 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 Canada ($320,493 per ton), while the price for India ($7,092 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Canada (+33.8%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Musical Instruments; Parts and Accessories for Pianos in the United States
In 2022, the amount of musical instruments; parts and accessories for pianoses exported from the United States stood at 300 tons, growing by 9.3% on 2021 figures. Overall, total exports indicated a significant increase from 2019 to 2022: its volume increased at an average annual rate of +22.7% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +84.6% against 2019 indices. The pace of growth appeared the most rapid in 2020 when exports increased by 62% against the previous year. The exports peaked in 2022 and are expected to retain growth in the near future.
In value terms, exports of musical instruments; parts and accessories for pianoses skyrocketed to $14M in 2022. Over the period under review, total exports indicated a prominent expansion from 2019 to 2022: its value increased at an average annual rate of +15.2% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +53.0% against 2019 indices. 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 the United States (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 7.1 | 7.9 | 7.6 | 10.9 | 15.4% |
| Indonesia | 0.7 | 0.4 | 0.6 | 1.0 | 12.6% |
| Canada | 0.5 | 0.4 | 0.7 | 0.5 | 0.0% |
| Netherlands | 0.1 | 0.2 | 0.2 | 0.3 | 44.2% |
| Denmark | 0.1 | 0.2 | 0.2 | 0.3 | 44.2% |
| United Kingdom | 0.1 | 0.1 | 0.2 | 0.3 | 44.2% |
| Japan | 0.2 | 0.1 | 0.5 | 0.1 | -20.6% |
| Others | 0.7 | 0.7 | 1.0 | 1.1 | 16.3% |
| Total | 9.4 | 10.0 | 10.9 | 14.5 | 15.5% |
Top Export Markets for Musical Instruments; Parts and Accessories for Pianos from the United States in 2022:
- Germany (198.0 tons)
- Indonesia (38.8 tons)
- Denmark (18.0 tons)
- Canada (8.5 tons)
- United Kingdom (5.8 tons)
- Netherlands (5.1 tons)
- Japan (2.6 tons)
Imports of Musical Instruments; Parts and Accessories for Pianos in the United States
In 2022, the amount of musical instruments; parts and accessories for pianoses imported into the United States contracted to 497 tons, falling by -11.3% on the year before. In general, total imports indicated prominent growth from 2019 to 2022: its volume increased at an average annual rate of +8.2% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +69.8% against 2020 indices. The pace of growth was the most pronounced in 2021 when imports increased by 91% against the previous year. As a result, imports reached the peak of 560 tons, and then declined in the following year.
In value terms, imports of musical instruments; parts and accessories for pianoses declined to $12M in 2022. Overall, total imports indicated a resilient increase from 2019 to 2022: its value increased at an average annual rate of +13.5% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +62.9% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 70%. As a result, imports reached the peak of $12M, and then shrank in the following year.
| Import of Musical Instruments; Parts and Accessories for Pianos in the United States (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 4.1 | 3.8 | 6.7 | 7.3 | 21.2% |
| Japan | 1.0 | 0.7 | 1.5 | 1.2 | 6.3% |
| China | 1.1 | 1.1 | 1.8 | 1.2 | 2.9% |
| Hong Kong SAR | 0.6 | 0.3 | 0.3 | 0.4 | -12.6% |
| United Kingdom | 0.1 | 0.1 | 0.1 | 0.3 | 44.2% |
| France | 0.2 | 0.1 | 0.1 | 0.2 | 0.0% |
| Vietnam | 0.6 | 0.3 | 0.2 | 0.2 | -30.7% |
| India | N/A | N/A | 0.1 | 0.1 | 0.0% |
| Others | 0.5 | 0.8 | 1.4 | 0.9 | 21.6% |
| Total | 8.1 | 7.2 | 12.3 | 11.8 | 13.4% |
Top Suppliers of Musical Instruments; Parts and Accessories for Pianos to the United States in 2022:
- Germany (213.9 tons)
- China (116.8 tons)
- Japan (77.0 tons)
- France (22.7 tons)
- United Kingdom (20.7 tons)
- India (10.1 tons)
- Vietnam (7.8 tons)
- Hong Kong SAR (1.4 tons)
359
This report provides an in-depth analysis of the metronome market in the USA.
415
Global Metronome Market Report 2018. This report provides an in-depth analysis of the global metronome market.
359
This report provides an in-depth analysis of the metronome market in the USA.
415
Global Metronome Market Report 2018. This report provides an in-depth analysis of the global metronome market.
Nothing found. Please try again.
