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

Contents:

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

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

In 2022, the average import price for keyboard electrical musical instruments, other than accordionses amounted to $187 per unit, with an increase of 8.7% against the previous year. Overall, the import price, however, recorded a pronounced downturn. The growth pace was the most rapid in 2017 when the average import price increased by 55% against the previous year. Over the period under review, average import prices hit record highs at $238 per unit in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United Arab Emirates ($436 per unit), while the price for China amounted to $29 per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (+5.3%), while the prices for the other major suppliers experienced a decline.

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

In 2022, the average export price for keyboard electrical musical instruments, other than accordionses amounted to $153 per unit, increasing by 33% against the previous year. Over the period under review, the export price, however, faced a abrupt decrease. The most prominent rate of growth was recorded in 2016 when the average export price increased by 100%. Over the period under review, the average export prices attained the peak figure at $652 per unit in 2012; however, from 2013 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 Australia ($343 per unit), while the average price for exports to Rwanda ($8 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 Australia (+2,186.7%), while the prices for the other major destinations experienced mixed trend patterns.

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

In 2022, approx. 15K units of keyboard electrical musical instruments, other than accordionses were imported into Kenya; growing by 23% on 2021. In general, imports, however, continue to indicate a perceptible slump. The growth pace was the most rapid in 2021 when imports increased by 34% against the previous year. Over the period under review, imports of hit record highs at 16K units in 2019; however, from 2020 to 2022, imports remained at a lower figure.

In value terms, imports of keyboard electrical musical instruments, other than accordionses soared to $2.8M in 2022. Over the period under review, imports, however, showed a pronounced shrinkage. Over the period under review, imports of reached the peak figure at $3.1M in 2019; however, from 2020 to 2022, imports failed to regain momentum.

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

1. China (9.2K units)
2. United Arab Emirates (5.7K units)

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

Exports of keyboard electrical musical instruments, other than accordionses from Kenya reduced to 9 units in 2022, which is down by -10% against 2021. Over the period under review, exports continue to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 with an increase of 43% against the previous year. As a result, the exports reached the peak of 10 units, and then reduced in the following year.

In value terms, exports of keyboard electrical musical instruments, other than accordionses soared to $1.4K in 2022. Overall, exports faced a dramatic shrinkage. The most prominent rate of growth was recorded in 2021 with an increase of 24% against the previous year. Over the period under review, the exports of reached the peak figure at $3.5K 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 Kenya in 2022:

1. Democratic Republic of the Congo (3.0 units)
2. Australia (3.0 units)
3. Tanzania (1.0 units)
4. Rwanda (1.0 units)
5. Chile (1.0 units)

Source: IndexBox Market Intelligence Platform