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

Contents:

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

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

In 2022, the average import price for musical instruments; parts and accessories for pianoses amounted to $28,910 per ton, rising by 82% against the previous year. In general, the import price saw a buoyant expansion. The most prominent rate of growth was recorded in 2017 when the average import price increased by 293%. Over the period under review, average import prices reached the peak figure in 2022 and is expected to retain growth in the near future.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Italy ($81,969 per ton), while the price for China ($17,885 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+46.1%), while the prices for the other major suppliers experienced more modest paces of growth.

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

In 2022, the average export price for musical instruments; parts and accessories for pianoses amounted to $22,242 per ton, approximately reflecting the previous year. Over the period under review, the export price continues to indicate a abrupt setback. The most prominent rate of growth was recorded in 2020 an increase of 71% against the previous year. The export price peaked at $156,143 per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($345,600 per ton), while the average price for exports to Germany ($2,333 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 Switzerland (-33.7%).

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

After three years of growth, supplies from abroad of musical instruments; parts and accessories for pianoses decreased by -69.3% to 919 kg in 2022. In general, imports, however, posted a buoyant increase. The growth pace was the most rapid in 2020 when imports increased by 262% against the previous year.

In value terms, imports of musical instruments; parts and accessories for pianoses declined dramatically to $27K in 2022. Overall, imports, however, saw significant growth. The most prominent rate of growth was recorded in 2021 with an increase of 109%. As a result, imports attained the peak of $48K, and then shrank rapidly in the following year.

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

1. Germany (744.0 kg)
2. China (131.0 kg)
3. Italy (32.0 kg)

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

For the third consecutive year, Hungary recorded decline in shipments abroad of musical instruments; parts and accessories for pianoses, which decreased by 0% to 128 kg in 2022. Over the period under review, exports enjoyed strong growth. The smallest decline of -67.1% was in 2020. The exports peaked in 2022 and are likely to continue growth in years to come.

In value terms, exports of musical instruments; parts and accessories for pianoses stood at $2.8K in 2022. Overall, exports enjoyed a significant expansion. The smallest decline of -43.7% was in 2020. Over the period under review, the exports of attained the peak figure in 2022 and are expected to retain growth in the near future.

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

1. Slovakia (105.0 kg)
2. Germany (18.0 kg)
3. United States (5.0 kg)

Source: IndexBox Market Intelligence Platform