United Arab Emirates - Electrical Musical Or Keyboard Instruments - Market Analysis, Forecast, Size, Trends And Insights
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View PricingElectrical Musical Instrument Price in the United Arab Emirates - 2021
Contents:
- Electrical Musical Instrument Price in the United Arab Emirates (FOB) - 2022
- Electrical Musical Instrument Price in the United Arab Emirates (CIF) - 2022
- Electrical Musical Instrument Exports in the United Arab Emirates
- Electrical Musical Instrument Imports in the United Arab Emirates
Electrical Musical Instrument Price in the United Arab Emirates (FOB) - 2022
The average electrical musical instrument export price stood at $213 per unit in 2022, shrinking by -14.4% against the previous year. Over the period under review, the export price continues to indicate a pronounced decrease. The most prominent rate of growth was recorded in 2018 when the average export price increased by 23%. As a result, the export price attained the peak level of $391 per unit. From 2019 to 2022, the average export prices failed to regain momentum.
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 Iraq ($450 per unit), while the average price for exports to Pakistan ($16 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 Saudi Arabia (+15.9%), while the prices for the other major destinations experienced more modest paces of growth.
Electrical Musical Instrument Price in the United Arab Emirates (CIF) - 2022
In 2022, the average electrical musical instrument import price amounted to $136 per unit, falling by -16.7% against the previous year. Overall, the import price, however, recorded a relatively flat trend pattern. The growth pace was the most rapid in 2021 an increase of 33%. As a result, import price attained the peak level of $163 per unit, and then reduced notably in the following year.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Malaysia ($525 per unit), while the price for China ($69 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+10.0%), while the prices for the other major suppliers experienced mixed trend patterns.
Electrical Musical Instrument Exports in the United Arab Emirates
In 2022, approx. 156K units of electrical musical or keyboard instruments were exported from the United Arab Emirates; with an increase of 2,016% against 2021 figures. Overall, exports showed a significant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, electrical musical instrument exports skyrocketed to $33M in 2022. In general, exports posted a significant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
Export of Electrical Musical Instrument in the United Arab Emirates (Thousand USD) | |||||
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COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Nigeria | 253 | 60.1 | 2.1 | 8,927 | 228.0% |
China | N/A | N/A | N/A | 4,788 | 0% |
Iraq | N/A | N/A | N/A | 3,960 | 0% |
Kenya | 38.1 | 4.2 | 19.1 | 2,536 | 305.3% |
Saudi Arabia | 3.9 | 7.9 | 12.5 | 1,530 | 632.1% |
South Africa | N/A | N/A | 0.2 | 1,280 | 639900.0% |
Madagascar | 324 | 187 | 166 | 274 | -5.4% |
Congo | N/A | 0.7 | 0.1 | 200 | 1590.3% |
Pakistan | 0.4 | 3.4 | 3.8 | 198 | 691.0% |
Zimbabwe | 0.4 | 0.2 | 25.3 | 177 | 662.0% |
Iran | 1,696 | 389 | N/A | 6.5 | -84.4% |
Others | 2,266 | 1,453 | 1,608 | 9,414 | 60.8% |
Total | 4,581 | 2,106 | 1,837 | 33,291 | 93.7% |
Top Export Markets for Electrical Musical Instrument from the United Arab Emirates in 2022:
- Iran (undefinedK units)
- Kenya (37.3K units)
- South Africa (29.6K units)
- Nigeria (20.4K units)
- Pakistan (12.6K units)
- China (11.0K units)
- Iraq (8.8K units)
- Zimbabwe (4.4K units)
- Saudi Arabia (3.5K units)
- Congo (3.4K units)
- Madagascar (2.2K units)
Electrical Musical Instrument Imports in the United Arab Emirates
In 2022, electrical musical instrument imports into the United Arab Emirates soared to 295K units, growing by 20% compared with the previous year. In general, total imports indicated a prominent increase from 2019 to 2022: its volume increased at an average annual rate of +9.7% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +83.0% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 52% against the previous year. Over the period under review, imports hit record highs in 2022 and are likely to see gradual growth in the immediate term.
In value terms, electrical musical instrument imports amounted to $40M in 2022. Over the period under review, imports showed prominent growth. The most prominent rate of growth was recorded in 2021 with an increase of 102% against the previous year. Imports peaked in 2022 and are expected to retain growth in the near future.
Import of Electrical Musical Instrument in the United Arab Emirates (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 13.6 | 9.2 | 13.3 | 17.0 | 7.7% |
Indonesia | 6.9 | 4.8 | 7.4 | 10.6 | 15.4% |
India | 0.6 | 0.5 | 1.0 | 5.3 | 106.7% |
Malaysia | 0.5 | 0.8 | 1.9 | 2.6 | 73.2% |
Others | 5.5 | 4.4 | 16.4 | 4.5 | -6.5% |
Total | 27.0 | 19.7 | 40.0 | 40.0 | 14.0% |
Top Suppliers of Electrical Musical Instrument to the United Arab Emirates in 2022:
- China (248.3K units)
- Indonesia (20.9K units)
- India (11.5K units)
- Malaysia (4.9K units)
This report provides an in-depth analysis of the electrical musical instrument market in the United Arab Emirates. 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:
- United Arab Emirates
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in the United Arab Emirates
- 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 the United Arab Emirates.
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 the United Arab Emirates.
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.