Price for Keyboard Electrical Musical Instruments, Other than Accordions in Costa Rica - 2022
Contents:
- Price for Keyboard Electrical Musical Instruments, Other than Accordions in Costa Rica (CIF) - 2022
- Price for Keyboard Electrical Musical Instruments, Other than Accordions in Costa Rica (FOB) - 2022
- Imports of Keyboard Electrical Musical Instruments, Other than Accordions in Costa Rica
- Exports of Keyboard Electrical Musical Instruments, Other than Accordions in Costa Rica
Price for Keyboard Electrical Musical Instruments, Other than Accordions in Costa Rica (CIF) - 2022
The average import price for keyboard electrical musical instruments, other than accordionses stood at $523 per unit in 2022, with an increase of 17% against the previous year. Over the period under review, the import price saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2014 an increase of 59%. As a result, import price reached the peak level of $588 per unit. From 2015 to 2022, the average import prices remained at a 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 Indonesia ($755 per unit), while the price for Hong Kong SAR ($186 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Sweden (+12.6%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Keyboard Electrical Musical Instruments, Other than Accordions in Costa Rica (FOB) - 2022
The average export price for keyboard electrical musical instruments, other than accordionses stood at $16 per unit in 2022, waning by -32.4% against the previous year. In general, the export price saw a pronounced slump. The most prominent rate of growth was recorded in 2014 an increase of 1,291% against the previous year. The export price peaked at $368 per unit in 2016; however, from 2017 to 2022, the export prices stood at a somewhat lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was El Salvador ($86 per unit), while the average price for exports to France ($1 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 Guatemala (+43.5%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Keyboard Electrical Musical Instruments, Other than Accordions in Costa Rica
In 2022, purchases abroad of keyboard electrical musical instruments, other than accordionses decreased by -22.8% to 1.8K units for the first time since 2018, thus ending a three-year rising trend. The total import volume increased at an average annual rate of +3.6% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2020 with an increase of 21%. Over the period under review, imports of attained the maximum at 2.4K units in 2021, and then declined remarkably in the following year.
In value terms, imports of keyboard electrical musical instruments, other than accordionses shrank to $966K in 2022. Overall, total imports indicated strong growth from 2019 to 2022: its value increased at an average annual rate of +12.4% 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 increased by +41.9% against 2019 indices. The pace of growth appeared the most rapid in 2021 when imports increased by 33% against the previous year. As a result, imports attained the peak of $1.1M, and then dropped in the following year.
| Import of Keyboard Electrical Musical Instruments, Other than Accordions in Costa Rica (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 380 | 429 | 624 | 500 | 9.6% |
| Hong Kong SAR | 19.9 | 109 | 151 | 121 | 82.5% |
| Indonesia | 81.6 | 50.4 | 37.1 | 95.8 | 5.5% |
| United States | 68.1 | 95.8 | 131 | 88.8 | 9.3% |
| Panama | 107 | 89.4 | 90.0 | 81.8 | -8.6% |
| India | N/A | N/A | 2.0 | 26.2 | 1210.0% |
| Sweden | 0.1 | 0.2 | 0.1 | 17.9 | 463.6% |
| Others | 23.5 | 33.8 | 36.7 | 34.1 | 13.2% |
| Total | 680 | 809 | 1,071 | 966 | 12.4% |
Top Suppliers of Keyboard Electrical Musical Instruments, Other than Accordions to Costa Rica in 2022:
- China (664.0 units)
- Hong Kong SAR (651.0 units)
- Panama (139.0 units)
- Indonesia (127.0 units)
- United States (118.0 units)
- Sweden (48.0 units)
- India (35.0 units)
Exports of Keyboard Electrical Musical Instruments, Other than Accordions in Costa Rica
In 2022, overseas shipments of keyboard electrical musical instruments, other than accordionses decreased by -8% to 23 units, falling for the second consecutive year after two years of growth. Overall, exports saw a noticeable decline. The most prominent rate of growth was recorded in 2020 when exports increased by 16% against the previous year. As a result, the exports reached the peak of 29 units. From 2021 to 2022, the growth of the exports of remained at a lower figure.
In value terms, exports of keyboard electrical musical instruments, other than accordionses declined rapidly to $373 in 2022. Over the period under review, exports recorded a dramatic descent. The smallest decline of -26.7% was in 2021. The exports peaked at $2K in 2019; however, from 2020 to 2022, the exports failed to regain momentum.
| Export of Keyboard Electrical Musical Instruments, Other than Accordions in Costa Rica (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| El Salvador | 251 | 119 | 92.0 | 86.0 | -30.0% |
| Guatemala | 212 | 122 | 157 | 74.0 | -29.6% |
| Honduras | 51.0 | 188 | 116 | 14.0 | -35.0% |
| Colombia | 28.0 | 24.0 | 3.0 | 4.0 | -47.7% |
| Mexico | 34.0 | 9.0 | 2.0 | 3.0 | -55.5% |
| Belgium | 20.0 | 7.0 | 1.0 | 2.0 | -53.6% |
| Brazil | 13.0 | 2.0 | 1.0 | 1.0 | -57.5% |
| Canada | 16.0 | 4.0 | 2.0 | 1.0 | -60.3% |
| Italy | 8.0 | 2.0 | 1.0 | 1.0 | -50.0% |
| Chile | 5.0 | 1.0 | 1.0 | 1.0 | -41.5% |
| France | 3.0 | 1.0 | 1.0 | 1.0 | -30.7% |
| Germany | 16.0 | 5.0 | 2.0 | 1.0 | -60.3% |
| Ecuador | 2.0 | 1.0 | 1.0 | 1.0 | -20.6% |
| Others | 1,306 | 333 | 220 | 183 | -48.1% |
| Total | 1,965 | 818 | 600 | 373 | -42.5% |
Top Export Markets for Keyboard Electrical Musical Instruments, Other than Accordions from Costa Rica in 2022:
- Brazil (1.0 units)
- Canada (1.0 units)
- Italy (1.0 units)
- Chile (1.0 units)
- Mexico (1.0 units)
- El Salvador (1.0 units)
- France (1.0 units)
- Guatemala (1.0 units)
- Germany (1.0 units)
- Colombia (1.0 units)
- Belgium (1.0 units)
- Honduras (1.0 units)
- Ecuador (1.0 units)
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This report provides an in-depth analysis of the electrical musical instrument market in Costa Rica.
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This report provides an in-depth analysis of the global electrical musical instrument market.
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This report provides an in-depth analysis of the electrical musical instrument market in Costa Rica.
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This report provides an in-depth analysis of the global electrical musical instrument market.
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Discover the top import markets for electrical musical instruments in 2023. Learn about the key countries driving the global trade of musical instruments.
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Discover the top import markets for electrical musical instruments in 2023. Learn about the key countries driving the global trade of musical instruments.
