Price for Music, Printed or in Manuscript in Australia - 2023

Contents:

1. Price for Music, Printed or in Manuscript in Australia (CIF) - 2022
2. Price for Music, Printed or in Manuscript in Australia (FOB) - 2022
3. Imports of Music, Printed or in Manuscript in Australia
4. Exports of Music, Printed or in Manuscript in Australia

Price for Music, Printed or in Manuscript in Australia (CIF) - 2022

The average import price for music, printed or in manuscript, whether or not bound or illustrated stood at $34,315 per ton in 2022, surging by 18% against the previous year. In general, the import price enjoyed a remarkable increase. The most prominent rate of growth was recorded in 2018 an increase of 72%. Over the period under review, average import prices reached the peak figure at $38,594 per ton in 2020; however, from 2021 to 2022, import prices remained at a lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were Singapore ($34,565 per ton) and China ($34,384 per ton), while the price for Malaysia ($34,369 per ton) and the Netherlands ($34,378 per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+10.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Music, Printed or in Manuscript in Australia (FOB) - 2022

The average export price for music, printed or in manuscript, whether or not bound or illustrated stood at $40,596 per ton in 2022, dropping by -3.3% against the previous year. Overall, the export price, however, saw moderate growth. The most prominent rate of growth was recorded in 2018 an increase of 189% against the previous year. Over the period under review, the average export prices reached the peak figure at $46,296 per ton in 2013; however, from 2014 to 2022, the export prices failed to regain momentum.

Average prices varied noticeably for the major external markets. In 2022, amid the top suppliers, the country with the highest price was New Zealand ($40,603 per ton), while the average price for exports to the UK amounted to $40,590 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the UK (+4.2%).

Imports of Music, Printed or in Manuscript in Australia

In 2022, the amount of music, printed or in manuscript, whether or not bound or illustrated imported into Australia declined significantly to 60 tons, reducing by -35.6% compared with the previous year's figure. Overall, imports showed a abrupt slump. The pace of growth was the most pronounced in 2021 when imports increased by 76% against the previous year. As a result, imports reached the peak of 93 tons, and then fell rapidly in the following year.

In value terms, music, printed or in manuscript imports dropped remarkably to $2.1M in 2022. Over the period under review, imports continue to indicate a abrupt descent. The pace of growth appeared the most rapid in 2021 when imports increased by 33%. As a result, imports reached the peak of $2.7M, and then fell significantly in the following year.

Top Suppliers of Music, Printed or in Manuscript to Australia in 2022:

1. United States (37.4 tons)
2. United Kingdom (9.9 tons)
3. China (6.6 tons)
4. Germany (2.9 tons)
5. Netherlands (1.5 tons)
6. Malaysia (1.2 tons)

Exports of Music, Printed or in Manuscript in Australia

In 2022, approx. 2 tons of music, printed or in manuscript, whether or not bound or illustrated were exported from Australia; growing by 1,709% compared with the year before. In general, exports continue to indicate a significant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, music, printed or in manuscript exports skyrocketed to $80K in 2022. Over the period under review, exports posted significant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Top Export Markets for Music, Printed or in Manuscript from Australia in 2022:

1. New Zealand (1652.0 kg)
2. United Kingdom (295.0 kg)
3. United States (25.0 kg)

Source: IndexBox Market Intelligence Platform