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

Contents:

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

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

The average import price for musical instruments; parts and accessories for pianoses stood at $25,520 per ton in 2022, with a decrease of -21% against the previous year. In general, the import price recorded a noticeable decrease. The pace of growth was the most pronounced in 2018 an increase of 45%. As a result, import price attained the peak level of $51,647 per ton. From 2019 to 2022, the average import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was South Korea ($112,114 per ton), while the price for China ($10,649 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Korea (+6.7%), while the prices for the other major suppliers experienced mixed trend patterns.

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

The average export price for musical instruments; parts and accessories for pianoses stood at $48,773 per ton in 2022, rising by 4.1% against the previous year. In general, the export price, however, saw a abrupt slump. The most prominent rate of growth was recorded in 2015 an increase of 32%. Over the period under review, the average export prices attained the maximum at $108,275 per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was France ($71,591 per ton), while the average price for exports to Sweden ($3,711 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 Cyprus (+44.2%), while the prices for the other major destinations experienced more modest paces of growth.

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

In 2022, supplies from abroad of musical instruments; parts and accessories for pianoses decreased by -18.7% to 33 tons for the first time since 2018, thus ending a three-year rising trend. Over the period under review, imports, however, posted a significant increase. The most prominent rate of growth was recorded in 2020 with an increase of 67%.

In value terms, imports of musical instruments; parts and accessories for pianoses fell remarkably to $832K in 2022. Overall, total imports indicated a mild increase from 2019 to 2022: its value increased at an average annual rate of +1.3% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2020 with an increase of 60%.

Import of Musical Instruments; Parts and Accessories for Pianos in Belgium (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Japan4.860.070.4279287.4%
South Korea498710580190-27.5%
Germany1592723751794.0%
China26.584.194.110457.7%
Netherlands43.968.568.533.5-8.6%
Others67.487.510646.6-11.6%
Total8001,2831,2958321.3%

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

  1. Japan (9.8 tons)
  2. China (9.8 tons)
  3. Germany (8.5 tons)
  4. Netherlands (1.9 tons)
  5. South Korea (1.7 tons)

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

In 2022, after three years of growth, there was significant decline in shipments abroad of musical instruments; parts and accessories for pianoses, when their volume decreased by -24.7% to 17 tons. In general, total exports indicated a buoyant expansion from 2019 to 2022: its volume increased at an average annual rate of +7.8% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2020 when exports increased by 42% against the previous year.

In value terms, exports of musical instruments; parts and accessories for pianoses reduced dramatically to $823K in 2022. The total export value increased at an average annual rate of +2.5% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2020 when exports increased by 28% against the previous year.

Export of Musical Instruments; Parts and Accessories for Pianos in Belgium (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany350344298253-10.3%
Netherlands1652512032057.5%
France1341261421779.7%
Italy40.711490.574.622.4%
Spain32.644.957.672.230.3%
United Kingdom5.323.813.912.031.3%
SwedenN/A0.71.91.125.4%
Others37.877.024427.5-10.1%
Total7659811,0508232.5%

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

  1. Germany (6.9 tons)
  2. Netherlands (3.7 tons)
  3. France (2.5 tons)
  4. Italy (1.5 tons)
  5. Spain (1.0 tons)
  6. United Kingdom (0.3 tons)
  7. Sweden (0.3 tons)

Source: IndexBox Market Intelligence Platform

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