Price for Keyboard Electrical Musical Instruments, Other than Accordions in Bangladesh - 2022
Contents:
- Price for Keyboard Electrical Musical Instruments, Other than Accordions in Bangladesh (CIF) - 2022
- Price for Keyboard Electrical Musical Instruments, Other than Accordions in Bangladesh (FOB) - 2022
- Imports of Keyboard Electrical Musical Instruments, Other than Accordions in Bangladesh
- Exports of Keyboard Electrical Musical Instruments, Other than Accordions in Bangladesh
Price for Keyboard Electrical Musical Instruments, Other than Accordions in Bangladesh (CIF) - 2022
The average import price for keyboard electrical musical instruments, other than accordionses stood at $72 per unit in 2022, approximately equating the previous year. Over the period under review, the import price, however, showed a abrupt descent. The pace of growth was the most pronounced in 2015 when the average import price increased by 157%. Over the period under review, average import prices hit record highs at $416 per unit in 2012; however, from 2013 to 2022, import prices remained at a lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Malaysia ($251 per unit), while the price for China ($11 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 (+0.1%), while the prices for the other major suppliers experienced a decline.
Price for Keyboard Electrical Musical Instruments, Other than Accordions in Bangladesh (FOB) - 2022
In 2022, the average export price for keyboard electrical musical instruments, other than accordionses amounted to $611 per unit, with an increase of 592% against the previous year. In general, the export price saw a significant expansion. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.
As there is only one major export destination, the average price level is determined by prices for Thailand.
From 2012 to 2022, the rate of growth in terms of prices for Thailand amounted to +8.3% per year.
Imports of Keyboard Electrical Musical Instruments, Other than Accordions in Bangladesh
In 2022, after three years of growth, there was significant decline in overseas purchases of keyboard electrical musical instruments, other than accordionses, when their volume decreased by -29.6% to 2.8K units. Overall, imports recorded a mild setback. The most prominent rate of growth was recorded in 2020 when imports increased by 33% against the previous year. Imports peaked at 4K units in 2021, and then fell significantly in the following year.
In value terms, imports of keyboard electrical musical instruments, other than accordionses contracted sharply to $203K in 2022. In general, imports showed a abrupt decrease. The most prominent rate of growth was recorded in 2020 when imports increased by 16% against the previous year. As a result, imports reached the peak of $352K. From 2021 to 2022, the growth of imports of failed to regain momentum.
| Import of Keyboard Electrical Musical Instruments, Other than Accordions in Bangladesh (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Malaysia | 55.9 | 96.4 | 104 | 108 | 24.5% |
| Hong Kong SAR | 72.2 | 52.9 | 14.4 | 34.4 | -21.9% |
| Singapore | 132 | 98.4 | 76.3 | 27.0 | -41.1% |
| China | 15.6 | 22.2 | 35.7 | 16.4 | 1.7% |
| India | 15.5 | 68.2 | 39.0 | 5.2 | -30.5% |
| Others | 12.5 | 13.5 | 15.0 | 11.8 | -1.9% |
| Total | 304 | 352 | 284 | 203 | -12.6% |
Top Suppliers of Keyboard Electrical Musical Instruments, Other than Accordions to Bangladesh in 2022:
- China (1448.0 units)
- Malaysia (430.0 units)
- Singapore (392.0 units)
- Hong Kong SAR (337.0 units)
- India (161.0 units)
Exports of Keyboard Electrical Musical Instruments, Other than Accordions in Bangladesh
In 2022, after three years of growth, there was significant decline in shipments abroad of keyboard electrical musical instruments, other than accordionses, when their volume decreased by -75% to 1 units. Overall, exports continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when exports increased by 300%. As a result, the exports attained the peak of 4 units, and then contracted markedly in the following year.
In value terms, exports of keyboard electrical musical instruments, other than accordionses surged to $611 in 2022. In general, exports, however, saw a significant expansion. The pace of growth appeared the most rapid in 2021 when exports increased by 272%. Over the period under review, the exports of hit record highs in 2022 and are likely to see gradual growth in the near future.
| Export of Keyboard Electrical Musical Instruments, Other than Accordions in Bangladesh (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Thailand | 206 | 95.0 | 353 | 100 | -21.4% |
| Others | N/A | N/A | N/A | 511 | 0% |
| Total | 206 | 95.0 | 353 | 611 | 43.7% |
Top Export Markets for Keyboard Electrical Musical Instruments, Other than Accordions from Bangladesh in 2022:
- Thailand (1.0 units)
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