Report Update: May 1, 2024

Indonesia - Accordions And Mouth Organs - Market Analysis, Forecast, Size, Trends And Insights

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Accordion Price in Indonesia - 2022

Accordion Price in Indonesia (FOB) - 2022

The average accordion export price stood at $6.1 per unit in 2022, shrinking by -15% against the previous year. Over the period under review, the export price showed a relatively flat trend pattern. The growth pace was the most rapid in 2020 an increase of 15% against the previous year. The export price peaked at $7.2 per unit in 2021, and then reduced in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was France ($15 per unit), while the average price for exports to Timor-Leste ($1 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Japan (+4.1%), while the prices for the other major destinations experienced more modest paces of growth.

Accordion Price in Indonesia (CIF) - 2022

The average accordion import price stood at $0.7 per unit in 2022, with an increase of 24% against the previous year. In general, the import price showed a resilient increase. The most prominent rate of growth was recorded in 2017 when the average import price increased by 91%. Over the period under review, average import prices reached the maximum in 2022 and is likely to see steady growth in the near future.

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 China amounted to +4.8% per year.

Accordion Exports in Indonesia

After two years of decline, overseas shipments of accordions and mouth organs increased by 3.1% to 5.4M units in 2022. Over the period under review, exports, however, recorded a abrupt downturn. The exports peaked at 7.6M units in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

In value terms, accordion exports reduced to $33M in 2022. In general, exports, however, showed a drastic downturn. The pace of growth was the most pronounced in 2021 with an increase of 4%. The exports peaked at $45M in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

Export of Accordion in Indonesia (Million USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Japan	18.7	17.4	23.6	18.2	-0.9%
United States	8.1	7.0	6.3	5.4	-12.6%
Germany	5.9	3.3	2.3	2.9	-21.1%
South Korea	5.4	3.0	2.0	2.6	-21.6%
France	3.1	1.7	1.4	1.6	-19.8%
Malaysia	1.8	1.0	1.0	0.9	-20.6%
Timor-Leste	0.5	1.8	N/A	0.6	6.3%
Mexico	0.3	0.2	0.3	0.2	-12.6%
Others	0.9	0.7	0.7	0.6	-12.6%
Total	44.6	36.2	37.6	33.0	-9.6%

Top Export Markets for Accordion from Indonesia in 2022:

Japan (3040.1K units)
Timor-Leste (601.4K units)
United States (570.4K units)
Malaysia (363.8K units)
South Korea (213.3K units)
Germany (194.5K units)
Mexico (157.8K units)
France (102.5K units)

Accordion Imports in Indonesia

In 2022, after two years of decline, there was significant growth in purchases abroad of accordions and mouth organs, when their volume increased by 63% to 289K units. In general, imports, however, saw a dramatic downturn. Over the period under review, imports hit record highs at 3.2M units in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

In value terms, accordion imports soared to $205K in 2022. Overall, imports, however, recorded a sharp descent. Imports peaked at $1.9M in 2019; however, from 2020 to 2022, imports remained at a lower figure.

Import of Accordion in Indonesia (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
China	1,723	876	81.8	189	-52.1%
Others	143	57.6	19.5	15.9	-51.9%
Total	1,867	934	101	205	-52.1%

Top Suppliers of Accordion to Indonesia in 2022:

China (286.9K units)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the accordion market in Indonesia. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

Prodcom 32201340 - Accordions and similar instruments, mouth organs

Country coverage:

Indonesia

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Indonesia
Export and import prices
Market trends, drivers and restraints
Key market players and their profiles

Reasons to buy this report:

Take advantage of the latest data
Find deeper insights into current market developments
Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023