Price for Musical Instruments; Parts and Accessories for Pianos in Finland - 2023

Contents:

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

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

The average import price for musical instruments; parts and accessories for pianoses stood at $32,578 per ton in 2022, reducing by -23% against the previous year. In general, the import price recorded a deep downturn. The pace of growth was the most pronounced in 2014 an increase of 17% against the previous year. The import price peaked at $74,754 per ton in 2012; however, from 2013 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 Sweden ($178,100 per ton), while the price for Germany ($21,692 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Indonesia (+27.4%), while the prices for the other major suppliers experienced more modest paces of growth.

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

The average export price for musical instruments; parts and accessories for pianoses stood at $183,923 per ton in 2022, rising by 3% against the previous year. In general, the export price recorded a prominent expansion. The growth pace was the most rapid in 2019 when the average export price increased by 112%. The export price peaked in 2022 and is likely to see steady growth in the near future.

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

From 2012 to 2022, the rate of growth in terms of prices for Russia amounted to +14.1% per year.

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

In 2022, imports of musical instruments; parts and accessories for pianoses into Finland shrank to 2.8 tons, which is down by -14.2% compared with the previous year. Over the period under review, imports, however, saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 when imports increased by 18% against the previous year. As a result, imports reached the peak of 3.3 tons, and then dropped in the following year.

In value terms, imports of musical instruments; parts and accessories for pianoses declined notably to $93K in 2022. Overall, imports saw a abrupt decline. The most prominent rate of growth was recorded in 2020 when imports increased by 14% against the previous year. As a result, imports attained the peak of $141K. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.

Import of Musical Instruments; Parts and Accessories for Pianos in Finland (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany70.583.253.747.1-12.6%
Sweden12.737.766.512.5-0.5%
South KoreaN/AN/A7.612.564.5%
United States4.03.03.68.930.5%
IndonesiaN/A6.51.21.0-60.8%
China21.60.20.1N/A-93.2%
Others14.29.87.610.9-8.4%
Total12314114092.7-9.0%

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

  1. Germany (2169.0 kg)
  2. United States (306.0 kg)
  3. South Korea (197.0 kg)
  4. Sweden (70.0 kg)
  5. Indonesia (41.0 kg)

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

In 2022, the amount of musical instruments; parts and accessories for pianoses exported from Finland dropped dramatically to 39 kg, declining by -53% on the year before. Overall, exports saw a perceptible setback. The growth pace was the most rapid in 2021 when exports increased by 730% against the previous year. As a result, the exports attained the peak of 83 kg, and then reduced remarkably in the following year.

In value terms, exports of musical instruments; parts and accessories for pianoses shrank remarkably to $7.2K in 2022. Over the period under review, exports, however, saw buoyant growth. The pace of growth was the most pronounced in 2021 with an increase of 833% against the previous year. As a result, the exports reached the peak of $15K, and then reduced remarkably in the following year.

Export of Musical Instruments; Parts and Accessories for Pianos in Finland (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
KazakhstanN/AN/AN/A7.20%
Russia4.41.613.6N/A75.8%
NorwayN/AN/A0.2N/A0%
OthersN/AN/A0.9N/A0%
Total4.41.614.87.217.8%

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

  1. Kazakhstan (39.0 kg)

Source: IndexBox Market Intelligence Platform

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