Price for Keyboard Electrical Musical Instruments, Other than Accordions in Bahrain - 2022

Contents:

  1. Price for Keyboard Electrical Musical Instruments, Other than Accordions in Bahrain (CIF) - 2022
  2. Price for Keyboard Electrical Musical Instruments, Other than Accordions in Bahrain (FOB) - 2022
  3. Imports of Keyboard Electrical Musical Instruments, Other than Accordions in Bahrain
  4. Exports of Keyboard Electrical Musical Instruments, Other than Accordions in Bahrain

Price for Keyboard Electrical Musical Instruments, Other than Accordions in Bahrain (CIF) - 2022

In 2022, the average import price for keyboard electrical musical instruments, other than accordionses amounted to $86 per unit, declining by -28.1% against the previous year. In general, the import price continues to indicate a abrupt downturn. The pace of growth appeared the most rapid in 2016 an increase of 40%. Over the period under review, average import prices reached the peak figure at $267 per unit in 2013; however, from 2014 to 2022, import prices failed to regain momentum.

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 Indonesia ($451 per unit), while the price for Hong Kong SAR ($39 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+6.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Keyboard Electrical Musical Instruments, Other than Accordions in Bahrain (FOB) - 2022

In 2022, the average export price for keyboard electrical musical instruments, other than accordionses amounted to $624 per unit, picking up by 541% against the previous year. Over the period under review, the export price recorded a significant increase. The export price peaked at $710 per unit in 2020; however, from 2021 to 2022, the 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 Australia ($1,677 per unit), while the average price for exports to Kenya ($74 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 the Netherlands (+144.9%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Keyboard Electrical Musical Instruments, Other than Accordions in Bahrain

In 2022, supplies from abroad of keyboard electrical musical instruments, other than accordionses decreased by -5.5% to 2.2K units, falling for the second year in a row after two years of growth. In general, total imports indicated a prominent expansion from 2019 to 2022: its volume increased at an average annual rate of +6.3% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by -27.7% against 2020 indices. The growth pace was the most rapid in 2020 when imports increased by 66% against the previous year. As a result, imports reached the peak of 3.1K units. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.

In value terms, imports of keyboard electrical musical instruments, other than accordionses shrank sharply to $192K in 2022. Overall, imports, however, recorded a relatively flat trend pattern. The growth pace was the most rapid in 2020 when imports increased by 75% against the previous year. As a result, imports reached the peak of $328K. From 2021 to 2022, the growth of imports of failed to regain momentum.

Import of Keyboard Electrical Musical Instruments, Other than Accordions in Bahrain (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China58.312874.665.84.1%
United Arab Emirates64.512410559.4-2.7%
Hong Kong SAR9.23.226.921.432.5%
Indonesia17.921.546.115.8-4.1%
India4.819.510.76.812.3%
Others32.631.719.822.8-11.2%
Total1873282831920.9%

Top Suppliers of Keyboard Electrical Musical Instruments, Other than Accordions to Bahrain in 2022:

  1. China (1274.0 units)
  2. Hong Kong SAR (550.0 units)
  3. United Arab Emirates (180.0 units)
  4. India (120.0 units)
  5. Indonesia (35.0 units)

Exports of Keyboard Electrical Musical Instruments, Other than Accordions in Bahrain

In 2022, shipments abroad of keyboard electrical musical instruments, other than accordionses was finally on the rise to reach 16 units after two years of decline. In general, exports, however, showed a abrupt setback. The exports peaked at 27 units in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

In value terms, exports of keyboard electrical musical instruments, other than accordionses surged to $10K in 2022. Over the period under review, exports enjoyed a measured expansion. Over the period under review, the exports of hit record highs at $13K in 2020; however, from 2021 to 2022, the exports stood at a somewhat lower figure.

Export of Keyboard Electrical Musical Instruments, Other than Accordions in Bahrain (USD)
COUNTRY2019202020212022CAGR,
2019-2022
United Arab Emirates38144459.03,352106.4%
Saudi Arabia5,1064,7565133,060-15.7%
AustraliaN/AN/AN/A1,6770%
United Kingdom1,5201,7171851,101-10.2%
GeorgiaN/AN/AN/A2570%
Ethiopia59052545.0209-29.2%
Egypt13317116.085.0-13.9%
Thailand17817116.079.0-23.7%
Kenya24.019.014.074.045.5%
Others7494,97627.084.0-51.8%
Total8,68112,7798759,9784.8%

Top Export Markets for Keyboard Electrical Musical Instruments, Other than Accordions from Bahrain in 2022:

  1. Saudi Arabia (5.0 units)
  2. United Arab Emirates (3.0 units)
  3. Australia (1.0 units)
  4. Kenya (1.0 units)
  5. Egypt (1.0 units)
  6. United Kingdom (1.0 units)
  7. Ethiopia (1.0 units)
  8. Georgia (1.0 units)
  9. Thailand (1.0 units)

Source: IndexBox Market Intelligence Platform

Store
Blog
Event
Free Data: Musical instruments; keyboard, (other than accordions), the sound of which is produced or must be amplified electrically - Bahrain