Price for Musical Instruments; Parts and Accessories for Pianos in the United Arab Emirates - 2022
Contents:
- Price for Musical Instruments; Parts and Accessories for Pianos in the United Arab Emirates (CIF) - 2022
- Price for Musical Instruments; Parts and Accessories for Pianos in the United Arab Emirates (FOB) - 2022
- Imports of Musical Instruments; Parts and Accessories for Pianos in the United Arab Emirates
- Exports of Musical Instruments; Parts and Accessories for Pianos in the United Arab Emirates
Price for Musical Instruments; Parts and Accessories for Pianos in the United Arab Emirates (CIF) - 2022
In 2022, the average import price for musical instruments; parts and accessories for pianoses amounted to $8,271 per ton, rising by 32% against the previous year. Over the period under review, the import price saw a tangible increase. The most prominent rate of growth was recorded in 2019 an increase of 115%. As a result, import price attained the peak level of $11,906 per ton. From 2020 to 2022, the average import prices failed to regain momentum.
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 ($42,334 per ton), while the price for China ($5,587 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Indonesia (+10.9%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Musical Instruments; Parts and Accessories for Pianos in the United Arab Emirates (FOB) - 2022
In 2022, the average export price for musical instruments; parts and accessories for pianoses amounted to $2,247 per ton, dropping by -63.1% against the previous year. Overall, the export price saw a dramatic descent. The most prominent rate of growth was recorded in 2013 an increase of 6.8%. The export price peaked at $45,506 per ton in 2015; however, from 2016 to 2022, the export prices stood at a somewhat lower figure.
There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Ukraine ($8,297 per ton), while the average price for exports to Japan ($978 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 Congo (-10.6%).
Imports of Musical Instruments; Parts and Accessories for Pianos in the United Arab Emirates
After three years of growth, supplies from abroad of musical instruments; parts and accessories for pianoses decreased by -19.4% to 29 tons in 2022. In general, imports, however, continue to indicate a significant increase. The pace of growth was the most pronounced in 2021 with an increase of 233% against the previous year. As a result, imports reached the peak of 36 tons, and then dropped remarkably in the following year.
In value terms, imports of musical instruments; parts and accessories for pianoses reached $242K in 2022. Over the period under review, imports, however, saw significant growth. The growth pace was the most rapid in 2021 with an increase of 221%. Imports peaked in 2022 and are likely to see steady growth in the near future.
| Import of Musical Instruments; Parts and Accessories for Pianos in the United Arab Emirates (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 8.2 | 29.2 | 120 | 129 | 150.6% |
| Germany | 43.9 | 14.8 | 44.1 | 56.9 | 9.0% |
| Indonesia | 0.1 | 0.5 | 0.1 | 26.3 | 540.7% |
| Singapore | N/A | N/A | 42.3 | N/A | 0% |
| Others | 14.8 | 26.2 | 20.6 | 29.0 | 25.1% |
| Total | 67.0 | 70.7 | 227 | 242 | 53.4% |
Top Suppliers of Musical Instruments; Parts and Accessories for Pianos to the United Arab Emirates in 2022:
- China (23.2 tons)
- Indonesia (4.0 tons)
- Germany (1.3 tons)
Exports of Musical Instruments; Parts and Accessories for Pianos in the United Arab Emirates
For the fourth year in a row, the United Arab Emirates recorded growth in shipments abroad of musical instruments; parts and accessories for pianoses, which increased by 399% to 40 tons in 2022. In general, exports showed a significant expansion. The pace of growth appeared the most rapid in 2020 when exports increased by 402% against the previous year. Over the period under review, the exports of reached the maximum in 2022 and are likely to see steady growth in the immediate term.
In value terms, exports of musical instruments; parts and accessories for pianoses surged to $89K in 2022. Over the period under review, exports saw a significant expansion. The pace of growth was the most pronounced in 2021 when exports increased by 291%. Over the period under review, the exports of hit record highs in 2022 and are expected to retain growth in the immediate term.
| Export of Musical Instruments; Parts and Accessories for Pianos in the United Arab Emirates (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Iraq | N/A | N/A | N/A | 26.5 | 0% |
| Japan | N/A | N/A | N/A | 11.7 | 0% |
| Ukraine | N/A | N/A | N/A | 6.8 | 0% |
| China | N/A | N/A | N/A | 6.1 | 0% |
| Congo | N/A | N/A | N/A | 4.9 | 0% |
| Gabon | N/A | N/A | 0.8 | N/A | 0% |
| Iran | N/A | 3.6 | N/A | N/A | 0% |
| Others | 3.5 | 8.8 | 47.7 | 33.2 | 111.7% |
| Total | 3.5 | 12.4 | 48.5 | 89.2 | 194.3% |
Top Export Markets for Musical Instruments; Parts and Accessories for Pianos from the United Arab Emirates in 2022:
- Iraq (22.4 tons)
- Japan (12.0 tons)
- China (1.0 tons)
- Ukraine (0.8 tons)
- Congo (0.8 tons)
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