Price for Musical Instruments; Parts and Accessories for Pianos in Serbia - 2024

Contents:

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

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

The average import price for musical instruments; parts and accessories for pianoses stood at $42,006 per ton in 2022, dropping by -10.3% against the previous year. Overall, the import price continues to indicate a deep downturn. The pace of growth was the most pronounced in 2018 an increase of 36% against the previous year. Over the period under review, average import prices attained the maximum at $104,114 per ton in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Germany ($99,000 per ton), while the price for China totaled $7,879 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Austria (-3.8%), while the prices for the other major suppliers experienced a decline.

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

In 2022, the average export price for musical instruments; parts and accessories for pianoses amounted to $28,000 per ton, increasing by 133% against the previous year. Overall, the export price recorded a noticeable increase. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Germany ($52,571 per ton), while the average price for exports to Montenegro stood at $6,500 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Montenegro (-9.0%).

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

In 2022, approx. 162 kg of musical instruments; parts and accessories for pianoses were imported into Serbia; falling by -47.9% on 2021 figures. Overall, imports saw a deep downturn. The pace of growth appeared the most rapid in 2021 when imports increased by 193% against the previous year. As a result, imports attained the peak of 311 kg, and then declined notably in the following year.

In value terms, imports of musical instruments; parts and accessories for pianoses fell markedly to $6.8K in 2022. Over the period under review, imports showed a deep slump. The pace of growth was the most pronounced in 2021 with an increase of 169%. As a result, imports reached the peak of $15K, and then dropped remarkably in the following year.

Import of Musical Instruments; Parts and Accessories for Pianos in Serbia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany5.63.312.95.91.8%
China0.90.30.80.8-3.9%
VietnamN/AN/A0.1N/A0%
Austria2.41.30.2N/A-71.1%
Others0.30.50.60.1-30.7%
Total9.25.414.66.8-9.6%

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

  1. China (99.0 kg)
  2. Germany (60.0 kg)

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

In 2022, approx. 15 kg of musical instruments; parts and accessories for pianoses were exported from Serbia; shrinking by -78.6% against 2021 figures. Overall, exports recorded a significant decline.

In value terms, exports of musical instruments; parts and accessories for pianoses shrank notably to $420 in 2022. Over the period under review, exports faced a sharp shrinkage.

Export of Musical Instruments; Parts and Accessories for Pianos in Serbia (USD)
COUNTRY20212022CAGR,
2021-2022
GermanyN/A3680%
Montenegro48052.0-89.2%
Others360N/A0%
Total840420-50.0%

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

  1. Montenegro (8.0 kg)
  2. Germany (7.0 kg)

Source: IndexBox Market Intelligence Platform

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