Price for Musical Instruments; Parts and Accessories for Pianos in Indonesia - 2022
Contents:
- Price for Musical Instruments; Parts and Accessories for Pianos in Indonesia (CIF) - 2022
- Price for Musical Instruments; Parts and Accessories for Pianos in Indonesia (FOB) - 2022
- Imports of Musical Instruments; Parts and Accessories for Pianos in Indonesia
- Exports of Musical Instruments; Parts and Accessories for Pianos in Indonesia
Price for Musical Instruments; Parts and Accessories for Pianos in Indonesia (CIF) - 2022
In March 2022, the average import price for musical instruments; parts and accessories for pianoses amounted to $7,266 per ton, picking up by 1.8% against the previous month. Over the last twelve-month period, it increased at an average monthly rate of +1.5%. The pace of growth was the most pronounced in December 2021 when the average import price increased by 25% m-o-m. As a result, import price reached the peak level of $8,774 per ton. From January 2022 to March 2022, the average import prices failed to regain momentum.
There were significant differences in the average prices amongst the major supplying countries. In March 2022, the country with the highest price was China ($9,834 per ton), while the price for Japan stood at $5,903 per ton.
From March 2021 to March 2022, the most notable rate of growth in terms of prices was attained by China (+3.0%).
Price for Musical Instruments; Parts and Accessories for Pianos in Indonesia (FOB) - 2022
The average export price for musical instruments; parts and accessories for pianoses stood at $6,731 per ton in March 2022, remaining constant against the previous month. In general, the export price saw a relatively flat trend pattern. The most prominent rate of growth was recorded in June 2021 an increase of 12% month-to-month. The export price peaked at $7,573 per ton in January 2022; however, from February 2022 to March 2022, the export prices remained at a lower figure.
Prices varied noticeably by the country of destination: the country with the highest price was Japan ($7,168 per ton), while the average price for exports to China amounted to $1,619 per ton.
From March 2021 to March 2022, the most notable rate of growth in terms of prices was recorded for supplies to Japan (+0.3%).
Imports of Musical Instruments; Parts and Accessories for Pianos in Indonesia
Imports of musical instruments; parts and accessories for pianoses into Indonesia declined to 6.5K tons in 2022, dropping by -6.8% on the year before. Overall, imports showed a abrupt shrinkage. The most prominent rate of growth was recorded in 2021 when imports increased by 48%.
In value terms, imports of musical instruments; parts and accessories for pianoses rose sharply to $56M in 2022. Over the period under review, imports showed a noticeable downturn. The most prominent rate of growth was recorded in 2021 with an increase of 44%.
| Import of Musical Instruments; Parts and Accessories for Pianos in Indonesia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Japan | 26.3 | 18.6 | 26.4 | 29.8 | 4.3% |
| China | 29.7 | 14.1 | 21.0 | 20.8 | -11.2% |
| Others | 5.4 | 2.7 | 3.6 | 5.1 | -1.9% |
| Total | 61.4 | 35.5 | 51.1 | 55.7 | -3.2% |
Top Suppliers of Musical Instruments; Parts and Accessories for Pianos to Indonesia in 2022:
- Japan (4.6K tons)
- China (1.7K tons)
Exports of Musical Instruments; Parts and Accessories for Pianos in Indonesia
In 2022, the amount of musical instruments; parts and accessories for pianoses exported from Indonesia totaled 3.3K tons, growing by 3.8% compared with 2021. The total export volume increased at an average annual rate of +8.7% 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 appeared the most rapid in 2021 when exports increased by 23% against the previous year. The exports peaked in 2022 and are likely to continue growth in the immediate term.
In value terms, exports of musical instruments; parts and accessories for pianoses expanded rapidly to $24M in 2022. The total export value increased at an average annual rate of +9.1% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 when exports increased by 21%. The exports peaked in 2022 and are expected to retain growth in the immediate term.
| Export of Musical Instruments; Parts and Accessories for Pianos in Indonesia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Japan | 17.5 | 17.0 | 20.8 | 22.7 | 9.1% |
| Others | 0.7 | 0.6 | 0.5 | 0.9 | 8.7% |
| Total | 18.2 | 17.6 | 21.3 | 23.6 | 9.0% |
Top Export Markets for Musical Instruments; Parts and Accessories for Pianos from Indonesia in 2022:
- Japan (3.2K tons)
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