Price for Musical Instruments; Parts and Accessories for Pianos in Estonia - 2023
Contents:
- Price for Musical Instruments; Parts and Accessories for Pianos in Estonia (CIF) - 2022
- Price for Musical Instruments; Parts and Accessories for Pianos in Estonia (FOB) - 2022
- Imports of Musical Instruments; Parts and Accessories for Pianos in Estonia
- Exports of Musical Instruments; Parts and Accessories for Pianos in Estonia
Price for Musical Instruments; Parts and Accessories for Pianos in Estonia (CIF) - 2022
In 2022, the average import price for musical instruments; parts and accessories for pianoses amounted to $13,746 per ton, declining by -9.7% against the previous year. Overall, the import price continues to indicate a abrupt contraction. The pace of growth was the most pronounced in 2018 an increase of 60%. The import price peaked at $29,801 per ton in 2014; however, from 2015 to 2022, import prices remained at a lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Denmark ($39,714 per ton), while the price for Germany amounted to $13,722 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Finland (+5.0%), while the prices for the other major suppliers experienced a decline.
Price for Musical Instruments; Parts and Accessories for Pianos in Estonia (FOB) - 2022
In 2022, the average export price for musical instruments; parts and accessories for pianoses amounted to $13,225 per ton, rising by 49% against the previous year. Over the period under review, the export price enjoyed a moderate increase. The growth pace was the most rapid in 2019 when the average export price increased by 203%. The export price peaked in 2022 and is expected to retain growth in the near future.
As there is only one major export destination, the average price level is determined by prices for the United States.
From 2012 to 2022, the rate of growth in terms of prices for the United States amounted to +17.4% per year.
Imports of Musical Instruments; Parts and Accessories for Pianos in Estonia
In 2022, imports of musical instruments; parts and accessories for pianoses into Estonia surged to 17 tons, with an increase of 3,591% compared with 2021. In general, imports continue to indicate a significant increase. The most prominent rate of growth was recorded in 2020 when imports increased by 3,776%. Imports peaked in 2022 and are likely to see steady growth in years to come.
In value terms, imports of musical instruments; parts and accessories for pianoses surged to $240K in 2022. Over the period under review, imports enjoyed a significant increase. The most prominent rate of growth was recorded in 2020 when imports increased by 4,065%. As a result, imports attained the peak of $259K. From 2021 to 2022, the growth of imports of failed to regain momentum.
| Import of Musical Instruments; Parts and Accessories for Pianos in Estonia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 2.7 | 165 | 6.0 | 240 | 346.3% |
| Denmark | N/A | 28.4 | 0.5 | 0.3 | -89.7% |
| Finland | N/A | 60.6 | 0.2 | N/A | -99.7% |
| Others | 3.5 | 5.2 | 0.6 | 0.3 | -55.9% |
| Total | 6.2 | 259 | 7.2 | 240 | 238.3% |
Top Suppliers of Musical Instruments; Parts and Accessories for Pianos to Estonia in 2022:
- Germany (17.5 tons)
Exports of Musical Instruments; Parts and Accessories for Pianos in Estonia
In 2022, approx. 142 kg of musical instruments; parts and accessories for pianoses were exported from Estonia; growing by 34% against 2021. Overall, exports continue to indicate a measured increase. The most prominent rate of growth was recorded in 2020 with an increase of 231% against the previous year. As a result, the exports reached the peak of 414 kg. From 2021 to 2022, the growth of the exports of failed to regain momentum.
In value terms, exports of musical instruments; parts and accessories for pianoses soared to $1.9K in 2022. In general, exports posted resilient growth.
| Export of Musical Instruments; Parts and Accessories for Pianos in Estonia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 0.1 | 2.5 | 0.9 | 1.9 | 166.8% |
| Finland | N/A | 0.3 | N/A | N/A | 0% |
| Australia | 1.3 | N/A | N/A | N/A | 0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 1.4 | 2.8 | 0.9 | 1.9 | 10.7% |
Top Export Markets for Musical Instruments; Parts and Accessories for Pianos from Estonia in 2022:
- United States (142.0 kg)
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