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

Contents:

  1. Price for Musical Instruments; Parts and Accessories for Pianos in Morocco (CIF) - 2022
  2. Imports of Musical Instruments; Parts and Accessories for Pianos in Morocco

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

The average import price for musical instruments; parts and accessories for pianoses stood at $15,133 per ton in 2022, surging by 10% against the previous year. Overall, the import price posted strong growth. The most prominent rate of growth was recorded in 2013 an increase of 88%. The import price peaked at $20,299 per ton in 2017; however, from 2018 to 2022, import prices remained at a 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 ($21,278 per ton), while the price for China amounted to $13,193 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+10.2%).

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

In 2022, the amount of musical instruments; parts and accessories for pianoses imported into Morocco declined markedly to 75 kg, which is down by -84% on the year before. Overall, imports, however, continue to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2021 when imports increased by 609%. As a result, imports attained the peak of 468 kg, and then contracted sharply in the following year.

In value terms, imports of musical instruments; parts and accessories for pianoses contracted notably to $1.1K in 2022. In general, imports, however, enjoyed significant growth. The pace of growth appeared the most rapid in 2021 with an increase of 1,045%. As a result, imports attained the peak of $6.4K, and then declined rapidly in the following year.

Import of Musical Instruments; Parts and Accessories for Pianos in Morocco (USD)
COUNTRY2019202020212022CAGR,
2019-2022
China9.021.0538752337.2%
GermanyN/AN/AN/A3830%
Spain15.09.089.0N/A143.6%
Japan48.028.0302N/A150.8%
United Arab Emirates1792401,538N/A193.1%
Italy2842333,515N/A251.8%
Others17.030.0444N/A411.1%
Total5525616,4261,13527.2%

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

  1. China (57.0 kg)
  2. Germany (18.0 kg)

Source: IndexBox Market Intelligence Platform

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