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

Contents:

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

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

The average import price for musical instruments; parts and accessories for pianoses stood at $26,782 per ton in 2022, picking up by 83% against the previous year. Over the period under review, the import price saw a buoyant increase. The most prominent rate of growth was recorded in 2014 an increase of 107% against the previous year. Over the period under review, average import prices hit record highs in 2022 and is likely to continue growth in years to come.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was France ($51,553 per ton), while the price for Italy ($10,165 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+13.0%), while the prices for the other major suppliers experienced more modest paces of growth.

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

The average export price for musical instruments; parts and accessories for pianoses stood at $7,350 per ton in 2022, with a decrease of -29.1% against the previous year. In general, the export price recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 when the average export price increased by 19% against the previous year. As a result, the export price attained the peak level of $10,362 per ton, and then fell rapidly in the following year.

As there is only one major export destination, the average price level is determined by prices for the UK.

From 2012 to 2022, the rate of growth in terms of prices for the UK amounted to -2.5% per year.

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

Imports of musical instruments; parts and accessories for pianoses into Ireland dropped sharply to 5.2 tons in 2022, reducing by -47.1% against the previous year's figure. Overall, imports recorded a precipitous decline. The pace of growth appeared the most rapid in 2021 with an increase of 14% against the previous year.

In value terms, imports of musical instruments; parts and accessories for pianoses declined to $139K in 2022. Over the period under review, imports continue to indicate a abrupt shrinkage. The most prominent rate of growth was recorded in 2020 when imports increased by 9.5% against the previous year. As a result, imports reached the peak of $199K. From 2021 to 2022, the growth of imports of remained at a lower figure.

Import of Musical Instruments; Parts and Accessories for Pianos in Ireland (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany10.337.040.454.774.5%
United States0.54.52.320.9247.1%
France26.522.310.120.4-8.4%
United Kingdom65.01118.811.4-44.0%
China12.00.130.410.1-5.6%
ItalyN/A23.420.09.0-38.0%
Japan67.40.20.10.2-85.6%
OthersN/A0.831.612.1288.9%
Total182199144139-8.6%

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

  1. Germany (2154.0 kg)
  2. Italy (887.0 kg)
  3. United States (508.0 kg)
  4. United Kingdom (490.0 kg)
  5. China (415.0 kg)
  6. France (396.0 kg)
  7. Japan (10.0 kg)

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

In 2022, exports of musical instruments; parts and accessories for pianoses from Ireland surged to 7.9 tons, with an increase of 35% compared with the year before. In general, exports, however, showed a abrupt descent.

In value terms, exports of musical instruments; parts and accessories for pianoses declined slightly to $58K in 2022. Over the period under review, exports, however, faced a drastic downturn. The most prominent rate of growth was recorded in 2020 with an increase of 38% against the previous year. As a result, the exports reached the peak of $125K. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.

Export of Musical Instruments; Parts and Accessories for Pianos in Ireland (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United Kingdom89.512459.257.5-13.7%
Others0.90.51.40.6-12.6%
Total90.412560.658.2-13.7%

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

  1. United Kingdom (7.9 tons)

Source: IndexBox Market Intelligence Platform

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