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

Contents:

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

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

In 2022, the average import price for musical instruments; parts and accessories for pianoses amounted to $51,177 per ton, reducing by -2.2% against the previous year. Overall, import price indicated perceptible growth from 2012 to 2022: its price increased at an average annual rate of +3.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for musical instruments; parts and accessories for pianoses increased by +61.4% against 2017 indices. The pace of growth was the most pronounced in 2020 when the average import price increased by 39% against the previous year. Over the period under review, average import prices hit record highs at $52,348 per ton in 2021, and then shrank modestly in the following year.

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 Sweden ($102,526 per ton), while the price for Indonesia ($22,058 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Sweden (+16.6%), while the prices for the other major suppliers experienced more modest paces of growth.

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

The average export price for musical instruments; parts and accessories for pianoses stood at $47,792 per ton in 2022, remaining relatively unchanged against the previous year. In general, the export price recorded a slight expansion. The growth pace was the most rapid in 2014 an increase of 102% against the previous year. Over the period under review, the average export prices attained the peak figure at $148,654 per ton in 2018; however, from 2019 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($133,714 per ton), while the average price for exports to Germany ($20,360 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 Sweden (+37.0%), while the prices for the other major destinations experienced a decline.

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

After two years of decline, purchases abroad of musical instruments; parts and accessories for pianoses increased by 9.1% to 8.5 tons in 2022. Over the period under review, imports, however, showed a relatively flat trend pattern.

In value terms, imports of musical instruments; parts and accessories for pianoses expanded rapidly to $433K in 2022. In general, total imports indicated a strong increase from 2019 to 2022: its value increased at an average annual rate of +16.4% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +57.9% against 2019 indices. The most prominent rate of growth was recorded in 2020 with an increase of 34%. Imports peaked in 2022 and are likely to continue growth in years to come.

Import of Musical Instruments; Parts and Accessories for Pianos in Norway (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Denmark82.813815818230.0%
Germany12111669.693.9-8.1%
China21.946.034.642.825.0%
Sweden3.39.662.533.3116.1%
Indonesia3.111.021.015.370.3%
United States6.76.717.115.030.8%
Taiwan (Chinese)2.33.61.311.772.0%
Japan17.69.211.33.7-40.5%
Others15.027.830.235.232.9%
Total27436740643316.5%

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

  1. Denmark (3700.0 kg)
  2. China (1635.0 kg)
  3. Germany (1000.0 kg)
  4. Indonesia (694.0 kg)
  5. Taiwan (Chinese) (367.0 kg)
  6. Sweden (325.0 kg)
  7. United States (183.0 kg)
  8. Japan (68.0 kg)

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

Exports of musical instruments; parts and accessories for pianoses from Norway was estimated at 72 kg in 2022, remaining relatively unchanged against the previous year's figure. Overall, exports recorded a sharp decline. The smallest decline of 99.9% was in 2021.

In value terms, exports of musical instruments; parts and accessories for pianoses stood at $3.4K in 2022. Over the period under review, exports faced a significant decrease. The smallest decline of 99.9% was in 2021.

Export of Musical Instruments; Parts and Accessories for Pianos in Norway (Thousand USD)
COUNTRY202020212022CAGR,
2020-2022
United StatesN/AN/A1.90%
GermanyN/AN/A1.00%
IrelandN/AN/A0.30%
Denmark0.1N/A0.241.4%
Sweden6.8N/AN/A0%
OthersN/AN/AN/A0%
Total6.9N/A3.4-29.8%

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

  1. Germany (50.0 kg)
  2. United States (14.0 kg)
  3. Denmark (5.0 kg)
  4. Ireland (3.0 kg)

Source: IndexBox Market Intelligence Platform

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