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

Contents:

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

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

The average import price for musical instruments; parts and accessories for pianoses stood at $13,201 per ton in 2022, shrinking by -7.7% against the previous year. Overall, the import price faced a deep reduction. The pace of growth appeared the most rapid in 2014 when the average import price increased by 59%. The import price peaked at $62,243 per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($49,299 per ton), while the price for China ($10,482 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Poland (+125.7%), while the prices for the other major suppliers experienced mixed trend patterns.

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

The average export price for musical instruments; parts and accessories for pianoses stood at $12,832 per ton in 2022, rising by 60% against the previous year. Overall, the export price, however, continues to indicate a deep setback. Over the period under review, the average export prices hit record highs at $55,000 per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Germany ($16,281 per ton), while the average price for exports to Kazakhstan totaled $6,107 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Kazakhstan (-17.1%).

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

In 2022, approx. 287 tons of musical instruments; parts and accessories for pianoses were imported into Russia; with a decrease of -3.7% against 2021. Overall, imports recorded a abrupt descent. The pace of growth was the most pronounced in 2021 when imports increased by 94% against the previous year.

In value terms, imports of musical instruments; parts and accessories for pianoses shrank to $3.8M in 2022. In general, imports saw a dramatic slump. The most prominent rate of growth was recorded in 2021 when imports increased by 28%.

Import of Musical Instruments; Parts and Accessories for Pianos in Russia (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China1.80.21.22.714.5%
Czech Republic3.72.52.50.9-37.6%
Germany3.20.60.40.2-60.3%
Others0.20.10.1N/A-29.3%
Total8.93.34.33.8-24.7%

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

  1. China (254.9 tons)
  2. Czech Republic (27.8 tons)
  3. Germany (4.4 tons)

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

In 2022, after three years of growth, there was significant decline in shipments abroad of musical instruments; parts and accessories for pianoses, when their volume decreased by -63.5% to 757 kg. Overall, exports, however, saw a significant expansion. The pace of growth was the most pronounced in 2021 when exports increased by 772% against the previous year. As a result, the exports reached the peak of 2.1 tons, and then contracted dramatically in the following year.

In value terms, exports of musical instruments; parts and accessories for pianoses declined rapidly to $9.7K in 2022. In general, exports, however, continue to indicate a significant expansion. The most prominent rate of growth was recorded in 2021 when exports increased by 504%. As a result, the exports attained the peak of $17K, and then dropped notably in the following year.

Export of Musical Instruments; Parts and Accessories for Pianos in Russia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany1.21.0N/A7.987.4%
KazakhstanN/A0.615.61.768.3%
Others0.31.21.00.2-12.6%
Total1.42.816.79.790.6%

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

  1. Germany (484.0 kg)
  2. Kazakhstan (272.0 kg)

Source: IndexBox Market Intelligence Platform

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