Australia - Keyboard Stringed Instruments - Market Analysis, Forecast, Size, Trends And Insights
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View PricingKeyboard Stringed Instrument Price in Australia - 2023
Contents:
- Keyboard Stringed Instrument Price in Australia (CIF) - 2022
- Keyboard Stringed Instrument Price in Australia (FOB) - 2022
- Keyboard Stringed Instrument Imports in Australia
- Keyboard Stringed Instrument Exports in Australia
Keyboard Stringed Instrument Price in Australia (CIF) - 2022
The average keyboard stringed instrument import price stood at $867 per unit in 2022, declining by -5% against the previous year. In general, the import price continues to indicate a abrupt decrease. The pace of growth appeared the most rapid in 2013 an increase of 23%. As a result, import price attained the peak level of $2,995 per unit. From 2014 to 2022, the average import prices remained at a somewhat lower figure.
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 Spain ($3,781 per unit), while the price for South Korea ($336 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Spain (+13.1%), while the prices for the other major suppliers experienced a decline.
Keyboard Stringed Instrument Price in Australia (FOB) - 2022
The average keyboard stringed instrument export price stood at $20,389 per unit in 2022, rising by 9.7% against the previous year. In general, the export price recorded a prominent increase. The pace of growth was the most pronounced in 2018 an increase of 134%. The export price peaked in 2022 and is expected to retain growth in the immediate term.
There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was New Zealand ($28,275 per unit), while the average price for exports to Fiji ($242 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 Germany (+75.6%), while the prices for the other major destinations experienced more modest paces of growth.
Keyboard Stringed Instrument Imports in Australia
In 2022, approx. 235 units of keyboard stringed instruments were imported into Australia; dropping by -62.1% compared with the previous year. Over the period under review, imports showed a precipitous decrease. The pace of growth was the most pronounced in 2021 with an increase of 27%. Over the period under review, imports hit record highs at 660 units in 2019; however, from 2020 to 2022, imports remained at a lower figure.
In value terms, keyboard stringed instrument imports contracted sharply to $204K in 2022. In general, imports faced a sharp shrinkage. The most prominent rate of growth was recorded in 2021 when imports increased by 20%. Imports peaked at $710K in 2019; however, from 2020 to 2022, imports remained at a lower figure.
Import of Keyboard Stringed Instrument in Australia (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 322 | 276 | 296 | 77.0 | -37.9% |
Spain | N/A | N/A | N/A | 56.7 | 0% |
South Korea | 41.7 | 88.2 | 46.7 | 29.6 | -10.8% |
India | 13.2 | 4.3 | 26.2 | 7.6 | -16.8% |
United Kingdom | 174 | 7.9 | 21.6 | 6.2 | -67.1% |
Japan | 3.8 | 3.8 | 10.6 | 4.7 | 7.3% |
Others | 155 | 90.4 | 164 | 21.9 | -47.9% |
Total | 710 | 471 | 566 | 204 | -34.0% |
Top Suppliers of Keyboard Stringed Instrument to Australia in 2022:
- China (108.0 units)
- South Korea (88.0 units)
- Spain (15.0 units)
- Japan (10.0 units)
- India (8.0 units)
- United Kingdom (2.0 units)
Keyboard Stringed Instrument Exports in Australia
In 2022, shipments abroad of keyboard stringed instruments was finally on the rise to reach 12 units for the first time since 2019, thus ending a two-year declining trend. Over the period under review, exports, however, faced a sharp descent. Over the period under review, the exports reached the maximum at 38 units in 2019; however, from 2020 to 2022, the exports remained at a lower figure.
In value terms, keyboard stringed instrument exports skyrocketed to $245K in 2022. In general, exports, however, recorded a abrupt contraction. The exports peaked at $331K in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.
Export of Keyboard Stringed Instrument in Australia (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
New Zealand | 172 | 162 | 175 | 141 | -6.4% |
United Kingdom | N/A | N/A | N/A | 98.6 | 0% |
Germany | N/A | N/A | N/A | 2.4 | 0% |
Kiribati | N/A | 5.7 | N/A | 2.1 | -39.3% |
Fiji | 5.4 | 4.2 | N/A | 0.2 | -66.7% |
Singapore | 21.4 | N/A | N/A | N/A | 0% |
United States | 59.6 | 27.1 | 2.1 | N/A | -81.2% |
Others | 72.1 | 2.1 | 8.4 | N/A | -65.9% |
Total | 331 | 201 | 186 | 245 | -9.5% |
Top Export Markets for Keyboard Stringed Instrument from Australia in 2022:
- New Zealand (5.0 units)
- United Kingdom (4.0 units)
- Kiribati (1.0 units)
- Fiji (1.0 units)
- Germany (1.0 units)
This report provides an in-depth analysis of the keyboard stringed instrument market in Australia. 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 32201150 - Keyboard stringed instruments (including harpsichords, s pinets and clavichords)
Country coverage:
- Australia
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Australia
- 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
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