Price for Musical Instruments; Parts and Accessories for Pianos in Angola - 2022

Contents:

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

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

The average import price for musical instruments; parts and accessories for pianoses stood at $12,759 per ton in 2022, rising by 228% against the previous year. Over the period under review, the import price recorded a resilient increase. The most prominent rate of growth was recorded in 2013 an increase of 235% against the previous year. The import price peaked at $30,023 per ton in 2016; however, from 2017 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 Portugal ($17,537 per ton), while the price for Namibia ($1,200 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Portugal (+9.7%), while the prices for the other major suppliers experienced more modest paces of growth.

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

In 2022, the average export price for musical instruments; parts and accessories for pianoses amounted to $55,000 per ton, rising by 9,572% against the previous year. Overall, the export price enjoyed a significant expansion. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

As there is only one major export destination, the average price level is determined by prices for South Africa.

From 2019 to 2022, the rate of growth in terms of prices for South Africa amounted to +178.3% per year.

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

In 2022, the amount of musical instruments; parts and accessories for pianoses imported into Angola shrank rapidly to 1.1 tons, with a decrease of -15.5% on 2021 figures. Over the period under review, total imports indicated slight growth from 2019 to 2022: its volume increased at an average annual rate of +1.6% 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 +65.3% against 2020 indices. The growth pace was the most rapid in 2021 with an increase of 96%. As a result, imports reached the peak of 1.3 tons, and then dropped notably in the following year.

In value terms, imports of musical instruments; parts and accessories for pianoses skyrocketed to $14K in 2022. In general, imports, however, showed significant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Import of Musical Instruments; Parts and Accessories for Pianos in Angola (USD)
COUNTRY2019202020212022CAGR,
2019-2022
SingaporeN/AN/AN/A11,2660%
SpainN/AN/AN/A9700%
Portugal5,1421,372812719-48.1%
United States23219334263940.2%
Namibia11682.084.060.0-19.7%
Nigeria1331821,07257.0-24.6%
China1665101,320N/A182.0%
Belgium12855.0146N/A6.8%
South Africa333249392N/A8.5%
United Arab Emirates15011.0168N/A5.8%
EgyptN/A45.0N/AN/A0%
Others72888064681.0-51.9%
Total7,1283,5794,98213,79224.6%

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

  1. Singapore (686.0 kg)
  2. United States (154.0 kg)
  3. Spain (114.0 kg)
  4. Namibia (50.0 kg)
  5. Portugal (41.0 kg)
  6. Nigeria (27.0 kg)

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

In 2022, shipments abroad of musical instruments; parts and accessories for pianoses decreased by -98% to 2 kg, falling for the second year in a row after two years of growth. Overall, exports showed a dramatic decrease. The pace of growth appeared the most rapid in 2020 with an increase of 423% against the previous year. As a result, the exports attained the peak of 565 kg. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.

In value terms, exports of musical instruments; parts and accessories for pianoses skyrocketed to $110 in 2022. In general, exports faced a sharp curtailment. The pace of growth was the most pronounced in 2021 when exports increased by 314%.

Export of Musical Instruments; Parts and Accessories for Pianos in Angola (USD)
COUNTRY2019202020212022CAGR,
2019-2022
South Africa97.012.031.01104.3%
SpainN/AN/A7.0N/A0%
United KingdomN/A1.0N/AN/A0%
Portugal23.01.020.0N/A-6.7%
Others99.0N/AN/AN/A0%
Total21914.058.0110-20.5%

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

  1. South Africa (2.0 kg)

Source: IndexBox Market Intelligence Platform

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