India - Keyboard Stringed Instruments - Market Analysis, Forecast, Size, Trends And Insights
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View PricingKeyboard Stringed Instrument Price in India - 2023
Contents:
- Keyboard Stringed Instrument Price in India (CIF) - 2022
- Keyboard Stringed Instrument Price in India (FOB) - 2022
- Keyboard Stringed Instrument Imports in India
- Keyboard Stringed Instrument Exports in India
Keyboard Stringed Instrument Price in India (CIF) - 2022
The average keyboard stringed instrument import price stood at $4,014 per unit in 2022, increasing by 7.1% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +6.2%. The growth pace was the most rapid in 2013 an increase of 72% against the previous year. Over the period under review, average import prices reached the peak figure at $4,314 per unit in 2020; however, from 2021 to 2022, import prices stood at a somewhat lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was China ($4,209 per unit), while the price for Germany ($383 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Hong Kong SAR (+16.0%), while the prices for the other major suppliers experienced more modest paces of growth.
Keyboard Stringed Instrument Price in India (FOB) - 2022
The average keyboard stringed instrument export price stood at $7,713 per unit in 2022, dropping by -29.9% against the previous year. In general, the export price, however, showed a modest expansion. The pace of growth was the most pronounced in 2013 an increase of 67%. As a result, the export price reached the peak level of $11,469 per unit. From 2014 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 ($28,359 per unit), while the average price for exports to Brazil ($82 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 France (+24.1%), while the prices for the other major destinations experienced more modest paces of growth.
Keyboard Stringed Instrument Imports in India
In 2022, keyboard stringed instrument imports into India contracted markedly to 148 units, which is down by -44.6% compared with the previous year's figure. Overall, imports, however, continue to indicate strong growth. The growth pace was the most rapid in 2021 when imports increased by 218% against the previous year. As a result, imports reached the peak of 267 units, and then dropped markedly in the following year.
In value terms, keyboard stringed instrument imports shrank dramatically to $594K in 2022. Over the period under review, imports, however, saw a buoyant expansion. The most prominent rate of growth was recorded in 2021 with an increase of 176% against the previous year. As a result, imports attained the peak of $1M, and then reduced sharply in the following year.
| Import of Keyboard Stringed Instrument in India (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 255 | 310 | 854 | 358 | 12.0% |
| Italy | 0.6 | 4.2 | 0.8 | 160 | 543.7% |
| Hong Kong SAR | 10.5 | 31.6 | 76.4 | 58.5 | 77.3% |
| Vietnam | N/A | N/A | N/A | 10.5 | 0% |
| Bangladesh | N/A | N/A | N/A | 6.8 | 0% |
| Japan | 13.3 | N/A | 16.4 | N/A | 11.0% |
| United States | 107 | N/A | N/A | N/A | 0% |
| Others | 8.1 | 16.5 | 52.9 | 0.8 | -53.8% |
| Total | 395 | 362 | 1,001 | 594 | 14.6% |
Top Suppliers of Keyboard Stringed Instrument to India in 2022:
- China (85.0 units)
- Italy (39.0 units)
- Hong Kong SAR (15.0 units)
- Vietnam (4.0 units)
- Bangladesh (3.0 units)
Keyboard Stringed Instrument Exports in India
In 2022, keyboard stringed instrument exports from India skyrocketed to 40 units, surging by 18% compared with the previous year's figure. Overall, exports, however, continue to indicate a pronounced contraction. Over the period under review, the exports attained the maximum at 43 units in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.
In value terms, keyboard stringed instrument exports contracted significantly to $309K in 2022. Over the period under review, exports, however, saw a drastic downturn. The most prominent rate of growth was recorded in 2021 when exports increased by 11% against the previous year. As a result, the exports reached the peak of $374K, and then dropped markedly in the following year.
| Export of Keyboard Stringed Instrument in India (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 118 | 85.0 | 111 | 142 | 6.4% |
| Nepal | 28.4 | 36.6 | 64.8 | 51.9 | 22.3% |
| France | N/A | N/A | 8.0 | 20.6 | 157.5% |
| Canada | 29.3 | 41.4 | 65.3 | 18.4 | -14.4% |
| Germany | 31.4 | 77.3 | 49.1 | 14.5 | -22.7% |
| Australia | 25.9 | 23.9 | 18.9 | 12.2 | -22.2% |
| Bangladesh | 3.9 | 5.8 | 9.7 | 6.7 | 19.8% |
| Fiji | N/A | 4.7 | 6.6 | 4.1 | -6.6% |
| Guyana | 2.2 | 4.1 | 2.4 | 1.1 | -20.6% |
| China | N/A | N/A | N/A | 0.8 | 0% |
| Sri Lanka | 42.1 | 0.3 | 4.8 | 0.3 | -80.8% |
| Bhutan | 7.1 | 0.2 | N/A | 0.2 | -69.6% |
| Brazil | N/A | N/A | N/A | 0.1 | 0% |
| Others | 74.1 | 56.8 | 33.1 | 35.8 | -21.5% |
| Total | 363 | 336 | 374 | 309 | -5.2% |
Top Export Markets for Keyboard Stringed Instrument from India in 2022:
- United States (5.0 units)
- Nepal (2.0 units)
- Brazil (1.0 units)
- Canada (1.0 units)
- Australia (1.0 units)
- Bangladesh (1.0 units)
- Bhutan (1.0 units)
- France (1.0 units)
- Germany (1.0 units)
- Guyana (1.0 units)
- Sri Lanka (1.0 units)
- China (1.0 units)
- Fiji (1.0 units)
This report provides an in-depth analysis of the keyboard stringed instrument market in India. 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:
- India
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in India
- 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
-
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
-
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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