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

Contents:

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

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

In 2022, the average import price for keyboard electrical musical instruments, other than accordionses amounted to $154 per unit, dropping by -53.2% against the previous year. Overall, the import price continues to indicate a deep downturn. The pace of growth was the most pronounced in 2017 when the average import price increased by 44%. The import price peaked at $935 per unit in 2012; however, from 2013 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 the United Arab Emirates ($591 per unit), while the price for China ($52 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 (+3.9%), while the prices for the other major suppliers experienced a decline.

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

The average export price for keyboard electrical musical instruments, other than accordionses stood at $175 per unit in 2022, declining by -62.2% against the previous year. Overall, the export price continues to indicate a abrupt decrease. The most prominent rate of growth was recorded in 2014 an increase of 196%. Over the period under review, the average export prices attained the peak figure at $1,173 per unit in 2016; however, from 2017 to 2022, the export prices remained at a lower figure.

Average prices varied noticeably for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Sweden ($176 per unit), while the average price for exports to the United Arab Emirates amounted to $174 per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Sweden (-8.6%).

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

In 2022, approx. 3.1K units of keyboard electrical musical instruments, other than accordionses were imported into Iraq; picking up by 51% against the year before. Over the period under review, imports, however, recorded a abrupt shrinkage. Over the period under review, imports of attained the maximum at 3.8K units in 2020; however, from 2021 to 2022, imports stood at a somewhat lower figure.

In value terms, imports of keyboard electrical musical instruments, other than accordionses dropped dramatically to $478K in 2022. In general, imports, however, faced a significant contraction. Over the period under review, imports of attained the maximum at $1.3M in 2019; however, from 2020 to 2022, imports failed to regain momentum.

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

1. China (2498.0 units)
2. United Arab Emirates (572.0 units)
3. Hong Kong SAR (10.0 units)

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

In 2022, overseas shipments of keyboard electrical musical instruments, other than accordionses decreased by -60% to 2 units for the first time since 2018, thus ending a three-year rising trend. Overall, exports continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 with an increase of 67%. As a result, the exports reached the peak of 5 units, and then declined sharply in the following year.

In value terms, exports of keyboard electrical musical instruments, other than accordionses reduced remarkably to $350 in 2022. In general, exports recorded a sharp descent. The smallest decline of -0.2% was in 2020. Over the period under review, the exports of hit record highs at $2.3K in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

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

1. United Arab Emirates (1.0 units)
2. Sweden (1.0 units)

Source: IndexBox Market Intelligence Platform