Price for Keyboard Electrical Musical Instruments, Other than Accordions in Denmark - 2023
Contents:
- Price for Keyboard Electrical Musical Instruments, Other than Accordions in Denmark (CIF) - 2022
- Price for Keyboard Electrical Musical Instruments, Other than Accordions in Denmark (FOB) - 2022
- Imports of Keyboard Electrical Musical Instruments, Other than Accordions in Denmark
- Exports of Keyboard Electrical Musical Instruments, Other than Accordions in Denmark
Price for Keyboard Electrical Musical Instruments, Other than Accordions in Denmark (CIF) - 2022
The average import price for keyboard electrical musical instruments, other than accordionses stood at $590 per unit in 2022, increasing by 90% against the previous year. Over the period under review, import price indicated mild growth from 2012 to 2022: its price increased at an average annual rate of +1.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, import price attained the peak level and is likely to continue growth in the immediate term.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($831 per unit), while the price for Greece ($77 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Greece (+33.6%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Keyboard Electrical Musical Instruments, Other than Accordions in Denmark (FOB) - 2022
The average export price for keyboard electrical musical instruments, other than accordionses stood at $852 per unit in 2022, with an increase of 7.8% against the previous year. In general, the export price, however, saw a relatively flat trend pattern. The growth pace was the most rapid in 2019 an increase of 70% against the previous year. Over the period under review, the average export prices attained the peak figure at $865 per unit in 2012; however, from 2013 to 2022, the 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 Norway ($1,370 per unit), while the average price for exports to Switzerland ($264 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 (+19.5%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Keyboard Electrical Musical Instruments, Other than Accordions in Denmark
In 2022, supplies from abroad of keyboard electrical musical instruments, other than accordionses decreased by -61.9% to 17K units for the first time since 2018, thus ending a three-year rising trend. Overall, imports continue to indicate a abrupt decline. The most prominent rate of growth was recorded in 2020 with an increase of 60%. Over the period under review, imports of reached the peak figure at 44K units in 2021, and then declined dramatically in the following year.
In value terms, imports of keyboard electrical musical instruments, other than accordionses dropped sharply to $9.9M in 2022. In general, imports, however, recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2020 when imports increased by 39% against the previous year. Over the period under review, imports of hit record highs at $14M in 2021, and then dropped sharply in the following year.
| Import of Keyboard Electrical Musical Instruments, Other than Accordions in Denmark (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 4.9 | 6.4 | 7.9 | 4.9 | 0.0% |
| Belgium | 0.9 | 0.6 | N/A | 1.7 | 23.6% |
| Sweden | 1.9 | 3.5 | 3.3 | 1.5 | -7.6% |
| Indonesia | 0.7 | 0.9 | 1.1 | 1.0 | 12.6% |
| China | 0.2 | 0.4 | 0.8 | 0.2 | 0.0% |
| United States | N/A | 0.1 | 0.2 | 0.1 | 0.0% |
| Greece | N/A | N/A | N/A | 0.1 | 0% |
| United Kingdom | 0.7 | 1.0 | N/A | 0.1 | -47.7% |
| Others | 0.4 | 0.5 | 0.3 | 0.3 | -9.1% |
| Total | 9.7 | 13.4 | 13.7 | 9.9 | 0.7% |
Top Suppliers of Keyboard Electrical Musical Instruments, Other than Accordions to Denmark in 2022:
- Germany (5.9K units)
- Sweden (2.9K units)
- Belgium (2.8K units)
- China (1.6K units)
- Greece (1.3K units)
- Indonesia (1.3K units)
- United States (0.3K units)
- United Kingdom (0.1K units)
Exports of Keyboard Electrical Musical Instruments, Other than Accordions in Denmark
After three years of growth, shipments abroad of keyboard electrical musical instruments, other than accordionses decreased by -11% to 7.1K units in 2022. Over the period under review, exports, however, posted significant growth. The most prominent rate of growth was recorded in 2021 when exports increased by 110%. As a result, the exports attained the peak of 8K units, and then dropped in the following year.
In value terms, exports of keyboard electrical musical instruments, other than accordionses fell modestly to $6.1M in 2022. Overall, exports, however, posted a significant increase. The pace of growth was the most pronounced in 2021 when exports increased by 107%. As a result, the exports reached the peak of $6.3M, and then shrank modestly in the following year.
| Export of Keyboard Electrical Musical Instruments, Other than Accordions in Denmark (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 624 | 893 | 1,921 | 2,011 | 47.7% |
| Hong Kong SAR | 276 | 543 | 1,045 | 1,295 | 67.4% |
| Sweden | 910 | 424 | 1,183 | 1,255 | 11.3% |
| France | 0.8 | 0.3 | 14.0 | 380 | 680.2% |
| Finland | 608 | 520 | 772 | 308 | -20.3% |
| Norway | 332 | 225 | 202 | 277 | -5.9% |
| Greenland | 1.9 | 36.2 | 112 | 91.4 | 263.7% |
| Switzerland | N/A | 112 | 368 | 39.7 | -40.5% |
| Others | 56.9 | 295 | 707 | 409 | 93.0% |
| Total | 2,810 | 3,048 | 6,324 | 6,067 | 29.2% |
Top Export Markets for Keyboard Electrical Musical Instruments, Other than Accordions from Denmark in 2022:
- Hong Kong SAR (2312.0 units)
- Germany (1954.0 units)
- Sweden (1112.0 units)
- France (488.0 units)
- Finland (296.0 units)
- Greenland (246.0 units)
- Norway (202.0 units)
- Switzerland (150.0 units)
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This report provides an in-depth analysis of the electrical musical instrument market in Denmark.
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This report provides an in-depth analysis of the electrical musical instrument market in Denmark.
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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.
