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

Contents:

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

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

In 2022, the average export price for musical instruments; parts and accessories for pianoses amounted to $17,522 per ton, reducing by -21.4% against the previous year. Overall, the export price, however, posted a prominent expansion. The most prominent rate of growth was recorded in 2013 when the average export price increased by 93%. Over the period under review, the average export prices attained the maximum at $29,000 per ton in 2015; however, from 2016 to 2022, the export prices remained at a lower figure.

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

From 2012 to 2022, the rate of growth in terms of prices for the United States amounted to +43.7% per year.

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

In 2022, the average import price for musical instruments; parts and accessories for pianoses amounted to $9,431 per ton, picking up by 69% against the previous year. Over the period under review, the import price, however, showed a pronounced contraction. The growth pace was the most rapid in 2014 an increase of 456% against the previous year. The import price peaked at $11,967 per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.

As there is only one major supplying country, the average price level is determined by prices for China.

From 2012 to 2022, the rate of growth in terms of prices for the United States amounted to +243.1% per year.

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

In 2022, overseas shipments of musical instruments; parts and accessories for pianoses decreased by -63.3% to 90 kg, falling for the second year in a row after two years of growth. Over the period under review, exports, however, enjoyed a buoyant increase. The growth pace was the most rapid in 2020 with an increase of 491%. As a result, the exports reached the peak of 378 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 plummeted to $1.6K in 2022. In general, exports, however, showed a buoyant increase. The pace of growth appeared the most rapid in 2020 with an increase of 633%. As a result, the exports attained the peak of $9.3K. From 2021 to 2022, the growth of the exports of failed to regain momentum.

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

1. Netherlands (90.0 kg)

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

In 2022, approx. 248 kg of musical instruments; parts and accessories for pianoses were imported into Pakistan; waning by -41.1% on the year before. Over the period under review, imports faced a sharp slump. The most prominent rate of growth was recorded in 2021 with an increase of 71%.

In value terms, imports of musical instruments; parts and accessories for pianoses fell to $2.3K in 2022. The total import value increased at an average annual rate of +11.5% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2020 with an increase of 38%.

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

1. China (248.0 kg)

Source: IndexBox Market Intelligence Platform