Price for Musical Instruments; Parts and Accessories for Pianos in Egypt - 2022

Contents:

  1. Price for Musical Instruments; Parts and Accessories for Pianos in Egypt (CIF) - 2022
  2. Imports of Musical Instruments; Parts and Accessories for Pianos in Egypt

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

In 2022, the average import price for musical instruments; parts and accessories for pianoses amounted to $15,941 per ton, rising by 5.8% against the previous year. Over the period under review, the import price, however, recorded a noticeable downturn. The pace of growth appeared the most rapid in 2019 an increase of 70%. The import price peaked at $34,421 per ton in 2014; however, from 2015 to 2022, import prices stood at a somewhat lower figure.

Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was China ($22,500 per ton), while the price for the United States amounted to $15,067 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (-3.3%), while the prices for the other major suppliers experienced a decline.

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

In 2022, imports of musical instruments; parts and accessories for pianoses into Egypt dropped rapidly to 17 kg, declining by -97.2% on the year before. In general, imports recorded a dramatic setback. The growth pace was the most rapid in 2021 when imports increased by 488%.

In value terms, imports of musical instruments; parts and accessories for pianoses shrank rapidly to $271 in 2022. Over the period under review, imports continue to indicate a dramatic shrinkage. The pace of growth was the most pronounced in 2021 with an increase of 265% against the previous year.

Import of Musical Instruments; Parts and Accessories for Pianos in Egypt (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States2.70.10.30.2-58.0%
China11.91.61.1N/A-69.6%
Germany3.00.23.9N/A14.0%
AustriaN/AN/A3.5N/A0%
United Arab Emirates23.70.60.5N/A-85.5%
OthersN/AN/AN/AN/A0%
Total41.32.59.30.3-80.6%

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

  1. United States (15.0 kg)
  2. China (2.0 kg)

Source: IndexBox Market Intelligence Platform

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