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

Contents:

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

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

The average import price for musical instruments; parts and accessories for pianoses stood at $3,982 per ton in 2022, waning by -13% against the previous year. Overall, the import price showed a abrupt decline. The most prominent rate of growth was recorded in 2020 when the average import price increased by 146%. Over the period under review, average import prices hit record highs at $20,897 per ton in 2017; however, from 2018 to 2022, import prices stood at a somewhat lower figure.

As there is only one major supplying country, the average price level is determined by prices for China.

From 2012 to 2022, the rate of growth in terms of prices for China amounted to -7.8% per year.

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

In 2022, the average export price for musical instruments; parts and accessories for pianoses amounted to $60,848 per ton, reducing by -28.9% against the previous year. In general, export price indicated prominent growth from 2012 to 2022: its price increased at an average annual rate of +6.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for musical instruments; parts and accessories for pianoses increased by +17.8% against 2019 indices. The growth pace was the most rapid in 2013 when the average export price increased by 100%. The export price peaked at $85,538 per ton in 2021, and then reduced notably in the following year.

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 Italy ($218,000 per ton), while the average price for exports to Sweden ($13,317 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 Chile (+7.6%).

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

Imports of musical instruments; parts and accessories for pianoses into Argentina soared to 6.5 tons in 2022, with an increase of 78% compared with the previous year. In general, imports posted a significant expansion. The pace of growth appeared the most rapid in 2021 when imports increased by 120%. Over the period under review, imports of reached the peak figure in 2022 and are expected to retain growth in years to come.

In value terms, imports of musical instruments; parts and accessories for pianoses surged to $26K in 2022. Over the period under review, imports posted a significant expansion. The most prominent rate of growth was recorded in 2020 with an increase of 163% against the previous year. Over the period under review, imports of attained the maximum in 2022 and are expected to retain growth in the immediate term.

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

1. China (6.5 tons)

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

For the fourth consecutive year, Argentina recorded growth in overseas shipments of musical instruments; parts and accessories for pianoses, which increased by 6.5% to 99 kg in 2022. Overall, exports continue to indicate a significant expansion. The most prominent rate of growth was recorded in 2020 when exports increased by 689% against the previous year. The exports peaked in 2022 and are expected to retain growth in years to come.

In value terms, exports of musical instruments; parts and accessories for pianoses declined rapidly to $6K in 2022. Over the period under review, exports posted significant growth. The pace of growth was the most pronounced in 2020 with an increase of 780% against the previous year.

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

1. Sweden (60.0 kg)
2. Chile (25.0 kg)
3. France (9.0 kg)
4. Italy (5.0 kg)

Source: IndexBox Market Intelligence Platform