Switzerland - Electrical Musical Or Keyboard Instruments - Market Analysis, Forecast, Size, Trends And Insights
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View PricingElectrical Musical Instrument Price in Switzerland - 2023
Contents:
- Electrical Musical Instrument Price in Switzerland (CIF) - 2023
- Electrical Musical Instrument Price in Switzerland (FOB) - 2022
- Electrical Musical Instrument Imports in Switzerland
- Electrical Musical Instrument Exports in Switzerland
Electrical Musical Instrument Price in Switzerland (CIF) - 2023
In September 2023, the average electrical musical instrument import price amounted to $610 per unit, picking up by 82% against the previous month. Over the period under review, the import price continues to indicate a relatively flat trend pattern. The import price peaked at $752 per unit in May 2023; however, from June 2023 to September 2023, import prices remained at a lower figure.
There were significant differences in the average prices amongst the major supplying countries. In September 2023, the country with the highest price was the United States ($1,619 per unit), while the price for China ($265 per unit) was amongst the lowest.
From September 2022 to September 2023, the most notable rate of growth in terms of prices was attained by Japan (+2.2%), while the prices for the other major suppliers experienced more modest paces of growth.
Electrical Musical Instrument Price in Switzerland (FOB) - 2022
In 2022, the average electrical musical instrument export price amounted to $881 per unit, with an increase of 11% against the previous year. In general, the export price showed a remarkable increase. The pace of growth was the most pronounced in 2019 an increase of 53% against the previous year. As a result, the export price reached the peak level of $1,099 per unit. From 2020 to 2022, the average export prices remained at a lower figure.
There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($1,635 per unit), while the average price for exports to Italy ($410 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 Malta (+14.3%), while the prices for the other major destinations experienced more modest paces of growth.
Electrical Musical Instrument Imports in Switzerland
In 2022, supplies from abroad of electrical musical or keyboard instruments decreased by -12.1% to 71K units for the first time since 2018, thus ending a three-year rising trend. The total import volume increased at an average annual rate of +3.3% from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations being observed throughout the analyzed period. The growth pace was the most rapid in 2021 with an increase of 20% against the previous year. As a result, imports attained the peak of 81K units, and then dropped in the following year.
In value terms, electrical musical instrument imports declined to $41M in 2022. The total import value increased at an average annual rate of +9.3% over the period from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2020 with an increase of 25% against the previous year. Over the period under review, imports reached the peak figure at $44M in 2021, and then shrank in the following year.
Import of Electrical Musical Instrument in Switzerland (Million USD) | |||||
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COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Germany | 7.5 | 8.2 | 8.6 | 7.8 | 1.3% |
China | 4.6 | 6.5 | 7.4 | 7.1 | 15.6% |
United States | 4.9 | 5.0 | 5.7 | 5.5 | 3.9% |
Indonesia | 2.7 | 4.0 | 4.6 | 5.0 | 22.8% |
Japan | 1.9 | 3.0 | 4.1 | 4.5 | 33.3% |
Malaysia | 2.3 | 3.1 | 1.9 | 3.9 | 19.2% |
United Kingdom | 2.4 | 3.3 | 2.8 | 1.4 | -16.4% |
Mexico | 0.7 | 0.6 | 0.8 | 0.9 | 8.7% |
Netherlands | 1.0 | 1.5 | 1.1 | 0.6 | -15.7% |
Others | 3.4 | 4.0 | 7.5 | 4.3 | 8.1% |
Total | 31.4 | 39.2 | 44.5 | 41.0 | 9.3% |
Top Suppliers of Electrical Musical Instrument to Switzerland in 2022:
- China (27.6K units)
- Germany (12.8K units)
- Indonesia (7.4K units)
- Japan (6.7K units)
- Malaysia (4.0K units)
- United States (3.6K units)
- Mexico (1.3K units)
- United Kingdom (1.3K units)
- Netherlands (0.8K units)
Electrical Musical Instrument Exports in Switzerland
In 2022, approx. 2.2K units of electrical musical or keyboard instruments were exported from Switzerland; reducing by -17.3% compared with 2021 figures. In general, exports faced a deep reduction. The pace of growth appeared the most rapid in 2021 when exports increased by 25% against the previous year. Over the period under review, the exports reached the maximum at 3.2K units in 2019; however, from 2020 to 2022, the exports remained at a lower figure.
In value terms, electrical musical instrument exports reduced to $2M in 2022. Over the period under review, exports showed a abrupt descent. The growth pace was the most rapid in 2021 when exports increased by 16%. Over the period under review, the exports attained the maximum at $3.5M in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.
Export of Electrical Musical Instrument in Switzerland (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Germany | 505 | 565 | 726 | 721 | 12.6% |
United States | 597 | 632 | 407 | 468 | -7.8% |
United Kingdom | 79.9 | 181 | 270 | 233 | 42.9% |
Netherlands | 20.8 | 67.3 | 11.7 | 117 | 77.8% |
France | 19.8 | 44.0 | 105 | 73.2 | 54.6% |
Denmark | 5.6 | 18.9 | 20.4 | 46.2 | 102.1% |
Czech Republic | 7.2 | 7.2 | 18.0 | 22.8 | 46.8% |
Australia | 68.7 | 39.3 | 8.0 | 22.3 | -31.3% |
Austria | 483 | 19.9 | 17.4 | 21.2 | -64.7% |
Italy | 1,434 | 23.5 | 34.2 | 20.5 | -75.7% |
Others | 285 | 250 | 517 | 213 | -9.3% |
Total | 3,506 | 1,848 | 2,135 | 1,957 | -17.7% |
Top Export Markets for Electrical Musical Instrument from Switzerland in 2022:
- Germany (1043.0 units)
- United Kingdom (387.0 units)
- United States (286.0 units)
- Denmark (91.0 units)
- Netherlands (78.0 units)
- France (58.0 units)
- Italy (50.0 units)
- Czech Republic (38.0 units)
- Australia (20.0 units)
- Austria (8.0 units)
This report provides an in-depth analysis of the electrical musical instrument market in Switzerland. 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 32201400 - Musical or keyboard instruments, the sound of which is produced, or must be amplified, electrically
Country coverage:
- Switzerland
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Switzerland
- 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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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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
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
This report provides an in-depth analysis of the electrical musical instrument market in Switzerland.
This report provides an in-depth analysis of the global electrical musical instrument market.
This report provides an in-depth analysis of the electrical musical instrument market in Switzerland.
This report provides an in-depth analysis of the global electrical musical instrument market.
Discover the top import markets for electrical musical instruments in 2023. Learn about the key countries driving the global trade of musical instruments.
Discover the top import markets for electrical musical instruments in 2023. Learn about the key countries driving the global trade of musical instruments.