Price for Keyboard Electrical Musical Instruments, Other than Accordions in Germany - 2023
Contents:
- Price for Keyboard Electrical Musical Instruments, Other than Accordions in Germany (CIF) - 2023
- Price for Keyboard Electrical Musical Instruments, Other than Accordions in Germany (FOB) - 2023
- Imports of Keyboard Electrical Musical Instruments, Other than Accordions in Germany
- Exports of Keyboard Electrical Musical Instruments, Other than Accordions in Germany
Price for Keyboard Electrical Musical Instruments, Other than Accordions in Germany (CIF) - 2023
In December 2023, the average import price for keyboard electrical musical instruments, other than accordionses amounted to $673 per unit, growing by 25% against the previous month. Over the period under review, the import price recorded a relatively flat trend pattern. Over the period under review, average import prices attained the peak figure at $729 per unit in April 2023; however, from May 2023 to December 2023, import prices stood at a somewhat lower figure.
There were significant differences in the average prices amongst the major supplying countries. In December 2023, the country with the highest price was Indonesia ($944 per unit), while the price for Vietnam ($224 per unit) was amongst the lowest.
From December 2022 to December 2023, the most notable rate of growth in terms of prices was attained by France (+7.1%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Keyboard Electrical Musical Instruments, Other than Accordions in Germany (FOB) - 2023
In December 2023, the average export price for keyboard electrical musical instruments, other than accordionses amounted to $771 per unit, with an increase of 12% against the previous month. Over the last twelve-month period, it increased at an average monthly rate of +1.5%. The most prominent rate of growth was recorded in April 2023 when the average export price increased by 13% month-to-month. Over the period under review, the average export prices reached the maximum at $860 per unit in June 2023; however, from July 2023 to December 2023, the export prices stood at a somewhat lower figure.
There were significant differences in the average prices for the major external markets. In December 2023, the country with the highest price was the United States ($2,253 per unit), while the average price for exports to Ghana ($1.5 per unit) was amongst the lowest.
From December 2022 to December 2023, the most notable rate of growth in terms of prices was recorded for supplies to the United States (+4.0%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Keyboard Electrical Musical Instruments, Other than Accordions in Germany
In 2022, after three years of growth, there was significant decline in purchases abroad of keyboard electrical musical instruments, other than accordionses, when their volume decreased by -22.4% to 365K units. Overall, imports showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 with an increase of 14% against the previous year. As a result, imports attained the peak of 470K units, and then declined significantly in the following year.
In value terms, imports of keyboard electrical musical instruments, other than accordionses shrank to $198M in 2022. In general, imports, however, continue to indicate mild growth. The pace of growth appeared the most rapid in 2021 with an increase of 14%. As a result, imports attained the peak of $225M, and then fell in the following year.
| Import of Keyboard Electrical Musical Instruments, Other than Accordions in Germany (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 83.8 | 77.5 | 91.4 | 67.1 | -7.1% |
| Indonesia | 76.4 | 44.5 | 50.1 | 57.1 | -9.2% |
| Netherlands | 1.9 | 25.3 | 35.5 | 31.2 | 154.2% |
| United States | 6.3 | 7.7 | 8.2 | 9.7 | 15.5% |
| France | 0.3 | 4.8 | 7.5 | 5.7 | 166.8% |
| Belgium | 0.7 | 3.4 | 4.5 | 5.3 | 96.4% |
| Poland | 1.1 | 2.7 | 2.9 | 2.9 | 38.1% |
| Vietnam | 1.5 | 2.3 | 3.0 | 1.3 | -4.7% |
| United Kingdom | 2.7 | 9.8 | 1.1 | 0.8 | -33.3% |
| Others | 18.1 | 19.8 | 21.1 | 17.5 | -1.1% |
| Total | 193 | 198 | 225 | 198 | 0.9% |
Top Suppliers of Keyboard Electrical Musical Instruments, Other than Accordions to Germany in 2022:
- China (171.2K units)
- Indonesia (65.2K units)
- Netherlands (54.4K units)
- United States (10.8K units)
- Vietnam (10.2K units)
- Poland (10.0K units)
- Belgium (7.8K units)
- France (7.0K units)
- United Kingdom (1.3K units)
Exports of Keyboard Electrical Musical Instruments, Other than Accordions in Germany
In 2022, exports of keyboard electrical musical instruments, other than accordionses from Germany expanded rapidly to 214K units, with an increase of 15% on the year before. The total export volume increased at an average annual rate of +9.1% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2021 with an increase of 18%. Over the period under review, the exports of reached the peak figure in 2022 and are likely to see steady growth in the immediate term.
In value terms, exports of keyboard electrical musical instruments, other than accordionses soared to $151M in 2022. The total export value increased at an average annual rate of +7.5% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
| Export of Keyboard Electrical Musical Instruments, Other than Accordions in Germany (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| France | 14.7 | 15.9 | 14.2 | 26.2 | 21.2% |
| Netherlands | 9.0 | 13.3 | 13.6 | 14.4 | 17.0% |
| Austria | 8.2 | 8.7 | 9.8 | 11.3 | 11.3% |
| Poland | 6.9 | 6.7 | 9.9 | 9.2 | 10.1% |
| Sweden | 4.6 | 5.2 | 8.1 | 7.8 | 19.2% |
| Switzerland | 10.9 | 6.9 | 6.9 | 7.7 | -10.9% |
| Italy | 4.8 | 6.2 | 8.4 | 7.5 | 16.0% |
| Spain | 3.0 | 3.3 | 5.5 | 7.2 | 33.9% |
| Belgium | 4.6 | 5.7 | 5.8 | 6.6 | 12.8% |
| Czech Republic | 5.8 | 4.8 | 6.2 | 5.9 | 0.6% |
| United Kingdom | 3.8 | 4.9 | 4.0 | 4.4 | 5.0% |
| Finland | 3.8 | 3.0 | 3.0 | 4.0 | 1.7% |
| Turkey | 4.7 | 2.3 | 2.6 | 3.8 | -6.8% |
| Others | 36.7 | 25.7 | 32.4 | 35.4 | -1.2% |
| Total | 122 | 113 | 130 | 151 | 7.4% |
Top Export Markets for Keyboard Electrical Musical Instruments, Other than Accordions from Germany in 2022:
- France (45.2K units)
- Netherlands (18.9K units)
- Italy (14.2K units)
- Austria (14.2K units)
- Poland (14.1K units)
- Spain (13.8K units)
- Sweden (11.6K units)
- Czech Republic (10.0K units)
- Switzerland (8.2K units)
- Belgium (8.0K units)
- Turkey (5.4K units)
- Finland (5.2K units)
- United Kingdom (5.1K units)
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This report provides an in-depth analysis of the electrical musical instrument market in Germany.
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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 Germany.
460
This report provides an in-depth analysis of the global electrical musical instrument market.
293
In April 2023, the price for the Electrical Musical Instrument reached $285 per unit (CIF, Germany), showing an increase of 8.9% compared to the previous month.
132
Discover the top import markets for electrical musical instruments in 2023. Learn about the key countries driving the global trade of musical instruments.
293
In April 2023, the price for the Electrical Musical Instrument reached $285 per unit (CIF, Germany), showing an increase of 8.9% compared to the previous month.
132
Discover the top import markets for electrical musical instruments in 2023. Learn about the key countries driving the global trade of musical instruments.
