Price for Music, Printed or in Manuscript in Sweden - 2023

Contents:

1. Price for Music, Printed or in Manuscript in Sweden (CIF) - 2022
2. Price for Music, Printed or in Manuscript in Sweden (FOB) - 2022
3. Imports of Music, Printed or in Manuscript in Sweden
4. Exports of Music, Printed or in Manuscript in Sweden

Price for Music, Printed or in Manuscript in Sweden (CIF) - 2022

The average import price for music, printed or in manuscript, whether or not bound or illustrated stood at $20,786 per ton in 2022, which is down by -24.2% against the previous year. Over the period under review, the import price recorded a noticeable slump. The growth pace was the most rapid in 2019 when the average import price increased by 43%. As a result, import price attained the peak level of $46,503 per ton. From 2020 to 2022, the average import prices remained at a somewhat 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 Norway ($45,042 per ton), while the price for China ($12,089 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Norway (+3.0%), while the prices for the other major suppliers experienced mixed trend patterns.

Price for Music, Printed or in Manuscript in Sweden (FOB) - 2022

In 2022, the average export price for music, printed or in manuscript, whether or not bound or illustrated amounted to $42,781 per ton, which is down by -9.4% against the previous year. In general, export price indicated a tangible expansion from 2012 to 2022: its price increased at an average annual rate of +4.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, music, printed or in manuscript export price decreased by -24.4% against 2020 indices. The pace of growth appeared the most rapid in 2015 an increase of 63% against the previous year. The export price peaked at $56,593 per ton in 2020; however, from 2021 to 2022, the export prices remained at a lower figure.

Average prices varied noticeably for the major overseas markets. In 2022, amid the top suppliers, the highest price was recorded for prices to Norway ($45,324 per ton) and Iceland ($40,914 per ton), while the average price for exports to Japan ($40,445 per ton) and the UK ($40,613 per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Norway (+5.1%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Music, Printed or in Manuscript in Sweden

In 2022, purchases abroad of music, printed or in manuscript, whether or not bound or illustrated decreased by -5.7% to 10 tons for the first time since 2018, thus ending a three-year rising trend. Over the period under review, imports, however, continue to indicate a significant increase. The most prominent rate of growth was recorded in 2021 when imports increased by 127%. As a result, imports attained the peak of 11 tons, and then contracted in the following year.

In value terms, music, printed or in manuscript imports fell significantly to $209K in 2022. In general, total imports indicated a resilient expansion from 2019 to 2022: its value increased at an average annual rate of +6.8% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +24.8% against 2020 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 74% against the previous year. As a result, imports attained the peak of $292K, and then reduced rapidly in the following year.

Top Suppliers of Music, Printed or in Manuscript to Sweden in 2022:

1. United Kingdom (3.0 tons)
2. Germany (2.2 tons)
3. United States (1.9 tons)
4. Denmark (1.1 tons)
5. Poland (0.5 tons)
6. Norway (0.4 tons)
7. Italy (0.3 tons)

Exports of Music, Printed or in Manuscript in Sweden

In 2022, the amount of music, printed or in manuscript, whether or not bound or illustrated exported from Sweden soared to 2.3 tons, jumping by 50% on 2021. Over the period under review, total exports indicated prominent growth from 2019 to 2022: its volume increased at an average annual rate of +7.3% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +100.6% against 2020 indices. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, music, printed or in manuscript exports soared to $96K in 2022. Overall, total exports indicated a resilient increase from 2019 to 2022: its value increased at an average annual rate of +6.1% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +51.7% against 2020 indices. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Top Export Markets for Music, Printed or in Manuscript from Sweden in 2022:

1. Norway (1010.0 kg)
2. United States (331.0 kg)
3. United Kingdom (297.0 kg)
4. Finland (129.0 kg)
5. Japan (110.0 kg)
6. Switzerland (63.0 kg)
7. Iceland (58.0 kg)

Source: IndexBox Market Intelligence Platform