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

Contents:

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

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

The average import price for musical instruments; parts and accessories for pianoses stood at $15,132 per ton in 2022, dropping by -36.4% against the previous year. Over the period under review, the import price, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2019 an increase of 44%. The import price peaked at $29,209 per ton in 2020; however, from 2021 to 2022, import prices stood 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 Germany ($90,070 per ton), while the price for China ($11,335 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+4.6%), while the prices for the other major suppliers experienced mixed trend patterns.

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

In 2022, the average export price for musical instruments; parts and accessories for pianoses amounted to $21,436 per ton, reducing by -3.5% against the previous year. Overall, the export price saw a perceptible downturn. The most prominent rate of growth was recorded in 2020 an increase of 27% against the previous year. Over the period under review, the average export prices hit record highs at $29,835 per ton in 2015; however, from 2016 to 2022, the export prices failed to regain momentum.

Average prices varied noticeably for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Peru ($21,445 per ton), while the average price for exports to Paraguay ($21,416 per ton) was amongst the lowest.

From 2015 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Paraguay (+7.4%), while the prices for the other major destinations experienced a decline.

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

In 2022, the amount of musical instruments; parts and accessories for pianoses imported into Chile amounted to 13 tons, picking up by 12% compared with the year before. Over the period under review, imports recorded a significant increase. The pace of growth appeared the most rapid in 2021 when imports increased by 307%. Over the period under review, imports of attained the peak figure in 2022 and are likely to continue growth in the immediate term.

In value terms, imports of musical instruments; parts and accessories for pianoses contracted markedly to $198K in 2022. Overall, imports posted significant growth. The most prominent rate of growth was recorded in 2021 with an increase of 232% against the previous year. As a result, imports attained the peak of $279K, and then shrank rapidly in the following year.

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

1. China (12.4 tons)
2. Germany (0.4 tons)
3. United States (0.2 tons)

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

In 2022, exports of musical instruments; parts and accessories for pianoses from Chile contracted notably to 1.3 tons, shrinking by -24.7% against the year before. In general, exports saw a mild reduction. The most prominent rate of growth was recorded in 2021 when exports increased by 137% against the previous year. As a result, the exports attained the peak of 1.7 tons, and then fell markedly in the following year.

In value terms, exports of musical instruments; parts and accessories for pianoses contracted dramatically to $28K in 2022. Over the period under review, exports, however, continue to indicate strong growth. The most prominent rate of growth was recorded in 2021 with an increase of 161% against the previous year. As a result, the exports reached the peak of $38K, and then fell significantly in the following year.

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

1. Peru (559.0 kg)
2. Bolivia (497.0 kg)
3. Paraguay (231.0 kg)

Source: IndexBox Market Intelligence Platform