Price for Musical Instruments; Parts and Accessories for Pianos in Germany - 2023
Contents:
- Price for Musical Instruments; Parts and Accessories for Pianos in Germany (FOB) - 2023
- Price for Musical Instruments; Parts and Accessories for Pianos in Germany (CIF) - 2023
- Exports of Musical Instruments; Parts and Accessories for Pianos in Germany
- Imports of Musical Instruments; Parts and Accessories for Pianos in Germany
Price for Musical Instruments; Parts and Accessories for Pianos in Germany (FOB) - 2023
The average export price for musical instruments; parts and accessories for pianoses stood at $48,021 per ton in November 2023, falling by -38.4% against the previous month. Over the period under review, export price indicated a measured expansion from November 2022 to November 2023: its price increased at an average monthly rate of +2.4% over the last twelve months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on November 2023 figures, export price for musical instruments; parts and accessories for pianoses increased by +5.7% against September 2023 indices. The pace of growth appeared the most rapid in October 2023 when the average export price increased by 72% month-to-month. As a result, the export price reached the peak level of $77,953 per ton, and then declined dramatically in the following month.
Prices varied noticeably by the country of destination: the country with the highest price was China ($140K per ton), while the average price for exports to Kazakhstan ($16,920 per ton) was amongst the lowest.
From November 2022 to November 2023, the most notable rate of growth in terms of prices was recorded for supplies to Poland (+11.6%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Musical Instruments; Parts and Accessories for Pianos in Germany (CIF) - 2023
In November 2023, the average import price for musical instruments; parts and accessories for pianoses amounted to $23,916 per ton, shrinking by -30.7% against the previous month. Overall, the import price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in October 2023 when the average import price increased by 45% month-to-month. As a result, import price attained the peak level of $34,504 per ton, and then fell notably in the following month.
Prices varied noticeably by the country of origin: the country with the highest price was Japan ($86,466 per ton), while the price for Austria ($10,969 per ton) was amongst the lowest.
From November 2022 to November 2023, the most notable rate of growth in terms of prices was attained by China (+8.2%), while the prices for the other major suppliers experienced mixed trend patterns.
Exports of Musical Instruments; Parts and Accessories for Pianos in Germany
In 2022, the amount of musical instruments; parts and accessories for pianoses exported from Germany shrank to 786 tons, reducing by -4.6% compared with the year before. Over the period under review, exports saw a deep slump. The most prominent rate of growth was recorded in 2021 with an increase of 11%.
In value terms, exports of musical instruments; parts and accessories for pianoses shrank slightly to $33M in 2022. The total export value increased at an average annual rate of +1.8% over the period from 2019 to 2022; however, the trend pattern remained consistent, with only minor fluctuations being observed throughout the analyzed period. The pace of growth appeared the most rapid in 2021 when exports increased by 23%. As a result, the exports reached the peak of $33M, leveling off in the following year.
| Export of Musical Instruments; Parts and Accessories for Pianos in Germany (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 6.4 | 7.9 | 8.0 | 7.3 | 4.5% |
| United States | 3.6 | 3.3 | 6.4 | 7.0 | 24.8% |
| Czech Republic | 5.7 | 5.6 | 6.2 | 6.8 | 6.1% |
| Poland | 2.2 | 1.6 | 2.4 | 2.1 | -1.5% |
| Austria | 1.5 | 1.4 | 1.6 | 1.8 | 6.3% |
| Indonesia | 2.1 | 1.2 | 1.9 | 1.7 | -6.8% |
| France | 0.7 | 0.6 | 0.8 | 0.7 | 0.0% |
| Russia | 3.2 | 0.6 | 0.4 | 0.2 | -60.3% |
| Others | 5.7 | 4.8 | 5.2 | 5.3 | -2.4% |
| Total | 31.1 | 26.9 | 33.0 | 32.8 | 1.8% |
Top Export Markets for Musical Instruments; Parts and Accessories for Pianos from Germany in 2022:
- Czech Republic (317.8 tons)
- Poland (138.4 tons)
- Indonesia (79.5 tons)
- United States (58.9 tons)
- China (54.2 tons)
- Austria (50.1 tons)
- France (18.8 tons)
- Russia (4.4 tons)
Imports of Musical Instruments; Parts and Accessories for Pianos in Germany
In 2022, approx. 1.1K tons of musical instruments; parts and accessories for pianoses were imported into Germany; with an increase of 13% compared with the previous year. The total import volume increased at an average annual rate of +2.1% over the period from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, imports of musical instruments; parts and accessories for pianoses rose significantly to $24M in 2022. The total import value increased at an average annual rate of +6.6% from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Musical Instruments; Parts and Accessories for Pianos in Germany (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Czech Republic | 7.8 | 9.1 | 9.4 | 10.6 | 10.8% |
| United States | 8.1 | 9.1 | 7.6 | 9.4 | 5.1% |
| China | 1.5 | 0.8 | 2.0 | 1.4 | -2.3% |
| Italy | 0.3 | 0.4 | 0.5 | 0.6 | 26.0% |
| Indonesia | 0.3 | 0.3 | 0.2 | 0.4 | 10.1% |
| Others | 1.6 | 1.2 | 1.3 | 1.5 | -2.1% |
| Total | 19.7 | 20.9 | 20.9 | 23.8 | 6.5% |
Top Suppliers of Musical Instruments; Parts and Accessories for Pianos to Germany in 2022:
- Czech Republic (564.3 tons)
- United States (266.1 tons)
- China (143.6 tons)
- Italy (23.1 tons)
- Indonesia (21.6 tons)
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