Poland: Percussion Musical Instrument Market 2024

Percussion Musical Instrument Market Size in Poland

In 2022, the Polish percussion musical instrument market increased by 28% to $X, rising for the second consecutive year after two years of decline. Overall, consumption, however, showed a noticeable curtailment. Percussion musical instrument consumption peaked at $X in 2012; however, from 2013 to 2022, consumption failed to regain momentum.

Percussion Musical Instrument Production in Poland

In value terms, percussion musical instrument production fell to $X in 2022 estimated in export price. Overall, production saw a abrupt decline. The most prominent rate of growth was recorded in 2017 when the production volume increased by 19% against the previous year. Percussion musical instrument production peaked at $X in 2012; however, from 2013 to 2022, production stood at a somewhat lower figure.

Percussion Musical Instrument Exports

Exports from Poland

In 2022, after two years of growth, there was significant decline in overseas shipments of percussion musical instruments, when their volume decreased by -39.7% to X units. Over the period under review, exports, however, posted a significant increase. The most prominent rate of growth was recorded in 2015 when exports increased by 641%. The exports peaked at X units in 2016; however, from 2017 to 2022, the exports remained at a lower figure.

In value terms, percussion musical instrument exports fell notably to $X in 2022. Overall, exports, however, continue to indicate a significant increase. The pace of growth appeared the most rapid in 2015 with an increase of 617%. Over the period under review, the exports attained the peak figure at $X in 2021, and then shrank sharply in the following year.

Exports by Country

Germany (X units) was the main destination for percussion musical instrument exports from Poland, accounting for a 53% share of total exports. Moreover, percussion musical instrument exports to Germany exceeded the volume sent to the second major destination, Italy (X units), sevenfold. The third position in this ranking was held by Austria (X units), with a 7.2% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Germany stood at +80.7%. Exports to the other major destinations recorded the following average annual rates of exports growth: Italy (+131.6% per year) and Austria (+24.3% per year).

In value terms, Germany ($X) remains the key foreign market for percussion musical instruments exports from Poland, comprising 53% of total exports. The second position in the ranking was held by Italy ($X), with a 7.5% share of total exports. It was followed by Austria, with a 7.2% share.

From 2012 to 2022, the average annual growth rate of value to Germany amounted to +88.4%. Exports to the other major destinations recorded the following average annual rates of exports growth: Italy (+158.2% per year) and Austria (+32.3% per year).

Export Prices by Country

In 2022, the average percussion musical instrument export price amounted to $X per unit, with an increase of 40% against the previous year. In general, export price indicated a pronounced expansion from 2012 to 2022: its price increased at an average annual rate of +4.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2017 when the average export price increased by 46% against the previous year. The export price peaked at $X per unit in 2019; however, from 2020 to 2022, the export prices failed to regain momentum.

Average prices varied noticeably for the major export markets. In 2022, amid the top suppliers, the countries with the highest prices were Italy ($X per unit) and the UK ($X per unit), while the average price for exports to Bahrain ($X per unit) and Spain ($X per unit) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Italy (+11.5%), while the prices for the other major destinations experienced more modest paces of growth.

Percussion Musical Instrument Imports

Imports into Poland

In 2022, purchases abroad of percussion musical instruments increased by 68% to X units, rising for the fifth year in a row after two years of decline. Overall, imports continue to indicate buoyant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, percussion musical instrument imports rose sharply to $X in 2022. In general, imports showed a remarkable increase. The pace of growth appeared the most rapid in 2019 when imports increased by 21%. Over the period under review, imports reached the maximum in 2022 and are expected to retain growth in the immediate term.

Imports by Country

In 2022, Germany (X units) constituted the largest percussion musical instrument supplier to Poland, accounting for a 53% share of total imports. Moreover, percussion musical instrument imports from Germany exceeded the figures recorded by the second-largest supplier, China (X units), threefold. The third position in this ranking was held by Turkey (X units), with a 5.9% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from Germany amounted to +42.2%. The remaining supplying countries recorded the following average annual rates of imports growth: China (+13.1% per year) and Turkey (+19.2% per year).

In value terms, Germany ($X) constituted the largest supplier of percussion musical instruments to Poland, comprising 53% of total imports. The second position in the ranking was taken by China ($X), with a 19% share of total imports. It was followed by Turkey, with a 5.9% share.

From 2012 to 2022, the average annual rate of growth in terms of value from Germany stood at +28.7%. The remaining supplying countries recorded the following average annual rates of imports growth: China (+2.4% per year) and Turkey (+7.9% per year).

Import Prices by Country

The average percussion musical instrument import price stood at $X per unit in 2022, which is down by -36.8% against the previous year. In general, the import price showed a deep reduction. The pace of growth was the most pronounced in 2017 an increase of 14% against the previous year. The import price peaked at $X per unit in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from Japan ($X per unit) and Taiwan (Chinese) ($X per unit), while the price for Germany ($X per unit) and China ($X per unit) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (-9.5%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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