Price for Keyboard Electrical Musical Instruments, Other than Accordions in Israel - 2024

Contents:

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

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

The average import price for keyboard electrical musical instruments, other than accordionses stood at $532 per unit in 2022, increasing by 12% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +3.1%. The most prominent rate of growth was recorded in 2013 when the average import price increased by 49%. As a result, import price attained the peak level of $586 per unit. From 2014 to 2022, the average import prices remained at a somewhat lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were Montenegro ($533 per unit) and Sweden ($533 per unit), while the price for France ($531 per unit) and South Korea ($532 per unit) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (+11.5%), while the prices for the other major suppliers experienced more modest paces of growth.

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

The average export price for keyboard electrical musical instruments, other than accordionses stood at $396 per unit in 2022, with a decrease of -44.6% against the previous year. Overall, the export price continues to indicate a dramatic contraction. The pace of growth appeared the most rapid in 2017 when the average export price increased by 26% against the previous year. Over the period under review, the average export prices reached the peak figure at $5,500 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 external markets. In 2022, amid the top suppliers, the country with the highest price was Australia ($1,000 per unit), while the average price for exports to Switzerland ($227 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 Germany (+13.3%), while the prices for the other major destinations experienced mixed trend patterns.

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

In 2022, overseas purchases of keyboard electrical musical instruments, other than accordionses decreased by -16.2% to 17K 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 +6.4% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2020 when imports increased by 27% against the previous year. Imports peaked at 20K units in 2021, and then reduced notably in the following year.

In value terms, imports of keyboard electrical musical instruments, other than accordionses reduced to $9M in 2022. The total import value increased at an average annual rate of +12.0% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2020 with an increase of 28% against the previous year. Imports peaked at $9.6M in 2021, and then declined in the following year.

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

1. Japan (6.8K units)
2. China (2.3K units)
3. United States (1.7K units)
4. United Kingdom (1.6K units)
5. Austria (0.7K units)
6. United Arab Emirates (0.6K units)
7. Hong Kong SAR (0.5K units)
8. Montenegro (0.4K units)
9. Sweden (0.4K units)
10. South Korea (0.4K units)
11. France (0.3K units)
12. Germany (0.3K units)

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

In 2022, approx. 48 units of keyboard electrical musical instruments, other than accordionses were exported from Israel; jumping by 129% against 2021 figures. Overall, exports posted a significant increase. The pace of growth appeared the most rapid in 2020 when exports increased by 260%. As a result, the exports attained the peak of 54 units. From 2021 to 2022, the growth of the exports of failed to regain momentum.

In value terms, exports of keyboard electrical musical instruments, other than accordionses surged to $19K in 2022. Over the period under review, exports saw a significant increase. The growth pace was the most rapid in 2020 with an increase of 300% against the previous year. As a result, the exports attained the peak of $40K. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.

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

1. Switzerland (22.0 units)
2. Poland (12.0 units)
3. Canada (4.0 units)
4. Australia (4.0 units)
5. United States (2.0 units)
6. United Kingdom (2.0 units)
7. Cyprus (2.0 units)

Source: IndexBox Market Intelligence Platform