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

Contents:

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

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

The average import price for musical instruments; parts and accessories for pianoses stood at $20,260 per ton in 2022, falling by -13.9% against the previous year. Overall, the import price, however, enjoyed a noticeable expansion. The most prominent rate of growth was recorded in 2018 when the average import price increased by 101% against the previous year. The import price peaked at $26,177 per ton in 2013; however, from 2014 to 2022, import prices failed to regain momentum.

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 the United States ($218,636 per ton), while the price for China ($6,261 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the UK (+19.0%), while the prices for the other major suppliers experienced more modest paces of growth.

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

In 2022, the average export price for musical instruments; parts and accessories for pianoses amounted to $48,754 per ton, with a decrease of -15.9% against the previous year. Over the period under review, the export price, however, posted a perceptible expansion. The most prominent rate of growth was recorded in 2020 an increase of 109%. Over the period under review, the average export prices attained the peak figure at $57,949 per ton in 2021, and then shrank significantly in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Norway ($88,596 per ton), while the average price for exports to Denmark ($11,328 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Chile (+29.8%), while the prices for the other major destinations experienced more modest paces of growth.

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

In 2022, the amount of musical instruments; parts and accessories for pianoses imported into Sweden rose to 7.3 tons, with an increase of 3.3% against the previous year. Over the period under review, imports, however, faced a abrupt curtailment. The growth pace was the most rapid in 2020 with an increase of 37%. As a result, imports reached the peak of 18 tons. From 2021 to 2022, the growth of imports of failed to regain momentum.

In value terms, imports of musical instruments; parts and accessories for pianoses fell to $148K in 2022. Overall, imports, however, recorded a abrupt decrease. The growth pace was the most rapid in 2020 with an increase of 22%. As a result, imports attained the peak of $257K. From 2021 to 2022, the growth of imports of remained at a lower figure.

Import of Musical Instruments; Parts and Accessories for Pianos in Sweden (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany10211613192.8-3.1%
China2.527.58.316.286.4%
United States90.140.513.19.6-52.6%
United Kingdom0.856.82.35.286.6%
Denmark8.57.52.7N/A-43.6%
Others6.98.88.824.452.4%
Total211257167148-11.1%

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

  1. Germany (4.1 tons)
  2. China (2.6 tons)
  3. United Kingdom (0.1 tons)

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

In 2022, exports of musical instruments; parts and accessories for pianoses from Sweden fell sharply to 321 kg, with a decrease of -17.5% compared with the previous year. Over the period under review, exports showed a sharp slump.

In value terms, exports of musical instruments; parts and accessories for pianoses contracted remarkably to $16K in 2022. Overall, exports showed a significant contraction. The smallest decline of -24.4% was in 2021.

Export of Musical Instruments; Parts and Accessories for Pianos in Sweden (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States3.18.03.17.031.2%
Norway35.618.07.05.0-48.0%
Finland2.4N/A0.91.2-20.6%
United KingdomN/AN/A3.31.1-66.7%
Denmark28.3N/A0.50.7-70.9%
Latvia0.3N/A0.10.30.0%
Australia10.70.3N/A0.1-78.9%
South Korea5.8N/AN/AN/A0%
Japan3.42.6N/AN/A-23.5%
Others8.01.07.70.3-66.5%
Total97.729.822.515.7-45.6%

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

  1. United States (122.0 kg)
  2. Denmark (58.0 kg)
  3. Norway (57.0 kg)
  4. Finland (34.0 kg)
  5. United Kingdom (30.0 kg)
  6. Latvia (7.0 kg)
  7. Australia (2.0 kg)
  8. Japan (1.0 kg)

Source: IndexBox Market Intelligence Platform

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