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

Contents:

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

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

In 2022, the average import price for keyboard electrical musical instruments, other than accordionses amounted to $228 per unit, shrinking by -23.4% against the previous year. Overall, the import price, however, posted a tangible expansion. The most prominent rate of growth was recorded in 2013 an increase of 258% against the previous year. Over the period under review, average import prices hit record highs at $602 per unit in 2015; however, from 2016 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 Hong Kong SAR ($1,216 per unit), while the price for China ($179 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 (+23.9%), while the prices for the other major suppliers experienced more modest paces of growth.

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

The average export price for keyboard electrical musical instruments, other than accordionses stood at $172 per unit in 2022, picking up by 604% against the previous year. Over the period under review, the export price recorded a significant increase. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United Arab Emirates ($293 per unit), while the average price for exports to Belgium ($3 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 Thailand (+389.1%), while the prices for the other major destinations experienced more modest paces of growth.

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

In 2022, the amount of keyboard electrical musical instruments, other than accordionses imported into Nepal skyrocketed to 1.4K units, with an increase of 40% on 2021. In general, imports posted a significant increase. The growth pace was the most rapid in 2021 with an increase of 75% against the previous year. Imports peaked in 2022 and are likely to see gradual growth in the immediate term.

In value terms, imports of keyboard electrical musical instruments, other than accordionses expanded rapidly to $313K in 2022. Over the period under review, imports, however, showed a mild downturn. The most prominent rate of growth was recorded in 2021 with an increase of 44% against the previous year. Imports peaked at $324K in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

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

1. China (1200.0 units)
2. India (79.0 units)
3. Malaysia (27.0 units)
4. Hong Kong SAR (24.0 units)

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

In 2022, exports of keyboard electrical musical instruments, other than accordionses from Nepal fell markedly to 3 units, dropping by -40% compared with the previous year's figure. Over the period under review, exports continue to indicate a significant decline. The pace of growth appeared the most rapid in 2021 with an increase of 25% against the previous year. The exports peaked at 9 units in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

In value terms, exports of keyboard electrical musical instruments, other than accordionses soared to $515 in 2022. Overall, exports, however, showed strong growth. The exports peaked at $603 in 2020; however, from 2021 to 2022, the exports stood at a somewhat lower figure.

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

1. Belgium (1.0 units)
2. United Arab Emirates (1.0 units)
3. Netherlands (1.0 units)

Source: IndexBox Market Intelligence Platform