Price for Keyboard Electrical Musical Instruments, Other than Accordions in Luxembourg - 2023

Contents:

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

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

The average import price for keyboard electrical musical instruments, other than accordionses stood at $767 per unit in 2022, picking up by 7.5% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +2.2%. The pace of growth appeared the most rapid in 2017 when the average import price increased by 31% against the previous year. The import price peaked at $807 per unit in 2018; however, from 2019 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Belgium ($979 per unit), while the price for China ($111 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (+7.5%), while the prices for the other major suppliers experienced mixed trend patterns.

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

The average export price for keyboard electrical musical instruments, other than accordionses stood at $211 per unit in 2022, falling by -83.4% against the previous year. In general, the export price recorded a deep contraction. The growth pace was the most rapid in 2020 an increase of 62%. The export price peaked at $1,270 per unit in 2021, and then fell rapidly in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Poland ($371 per unit), while the average price for exports to the United States ($55 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 (+16.2%), while the prices for the other major destinations experienced mixed trend patterns.

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

After three years of growth, purchases abroad of keyboard electrical musical instruments, other than accordionses decreased by -36.1% to 1.3K units in 2022. Over the period under review, imports recorded a mild decrease. The pace of growth appeared the most rapid in 2021 when imports increased by 31% against the previous year. As a result, imports reached the peak of 2K units, and then shrank sharply in the following year.

In value terms, imports of keyboard electrical musical instruments, other than accordionses shrank markedly to $999K in 2022. Overall, total imports indicated a strong increase from 2019 to 2022: its value increased at an average annual rate of +5.3% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2021 when imports increased by 36% against the previous year. As a result, imports attained the peak of $1.5M, and then dropped significantly in the following year.

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

1. Germany (639.0 units)
2. Netherlands (283.0 units)
3. Belgium (183.0 units)
4. France (92.0 units)
5. Poland (64.0 units)
6. China (21.0 units)
7. Spain (9.0 units)

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

In 2022, shipments abroad of keyboard electrical musical instruments, other than accordionses was finally on the rise to reach 18 units after two years of decline. In general, exports posted a resilient increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, exports of keyboard electrical musical instruments, other than accordionses dropped to $3.8K in 2022. Overall, exports, however, saw a deep slump. The growth pace was the most rapid in 2020 when exports increased by 47%. As a result, the exports attained the peak of $9.8K. From 2021 to 2022, the growth of the exports of failed to regain momentum.

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

1. France (5.0 units)
2. Germany (5.0 units)
3. Netherlands (4.0 units)
4. Poland (1.0 units)
5. United States (1.0 units)
6. Belgium (1.0 units)
7. Spain (1.0 units)

Source: IndexBox Market Intelligence Platform