Price for Keyboard Electrical Musical Instruments, Other than Accordions in Norway - 2024
Contents:
- Price for Keyboard Electrical Musical Instruments, Other than Accordions in Norway (CIF) - 2024
- Price for Keyboard Electrical Musical Instruments, Other than Accordions in Norway (FOB) - 2022
- Imports of Keyboard Electrical Musical Instruments, Other than Accordions in Norway
- Exports of Keyboard Electrical Musical Instruments, Other than Accordions in Norway
Price for Keyboard Electrical Musical Instruments, Other than Accordions in Norway (CIF) - 2024
The average import price for keyboard electrical musical instruments, other than accordionses stood at $474 per unit in January 2024, rising by 56% against the previous month. In general, import price indicated measured growth from February 2023 to January 2024: its price increased at an average monthly rate of +2.4% over the last eleven months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on January 2024 figures, import price for keyboard electrical musical instruments, other than accordionses increased by +62.1% against November 2023 indices. The import price peaked at $489 per unit in August 2023; however, from September 2023 to January 2024, import prices stood at a somewhat lower figure.
There were significant differences in the average prices amongst the major supplying countries. In January 2024, the country with the highest price was the United States ($1,896 per unit), while the price for India ($114 per unit) was amongst the lowest.
From February 2023 to January 2024, the most notable rate of growth in terms of prices was attained by Sweden (+16.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Keyboard Electrical Musical Instruments, Other than Accordions in Norway (FOB) - 2022
In 2022, the average export price for keyboard electrical musical instruments, other than accordionses amounted to $420 per unit, waning by -18.3% against the previous year. Over the period under review, the export price continues to indicate a perceptible contraction. The pace of growth appeared the most rapid in 2013 when the average export price increased by 208% against the previous year. As a result, the export price attained the peak level of $1,676 per unit. From 2014 to 2022, the average export prices remained at a lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was France ($2,663 per unit), while the average price for exports to Nigeria ($78 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 France (+13.8%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Keyboard Electrical Musical Instruments, Other than Accordions in Norway
In 2022, purchases abroad of keyboard electrical musical instruments, other than accordionses decreased by -24.1% to 22K units, falling for the second consecutive year after two years of growth. In general, imports recorded a mild slump. The most prominent rate of growth was recorded in 2020 when imports increased by 32% against the previous year. As a result, imports attained the peak of 30K units. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.
In value terms, imports of keyboard electrical musical instruments, other than accordionses contracted significantly to $7.3M in 2022. Overall, imports continue to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2020 with an increase of 15% against the previous year. Imports peaked at $8.6M in 2021, and then fell markedly in the following year.
| Import of Keyboard Electrical Musical Instruments, Other than Accordions in Norway (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 3,505 | 3,887 | 3,520 | 2,862 | -6.5% |
| Indonesia | 1,554 | 1,758 | 1,829 | 1,673 | 2.5% |
| Malaysia | 644 | 743 | 1,063 | 849 | 9.6% |
| Sweden | 281 | 457 | 495 | 472 | 18.9% |
| United States | 397 | 340 | 406 | 326 | -6.4% |
| Japan | 384 | 409 | 342 | 300 | -7.9% |
| India | 12.4 | 10.0 | 16.0 | 70.4 | 78.4% |
| Vietnam | 74.4 | 99.6 | 85.9 | 58.6 | -7.6% |
| Others | 560 | 804 | 856 | 706 | 8.0% |
| Total | 7,412 | 8,506 | 8,613 | 7,317 | -0.4% |
Top Suppliers of Keyboard Electrical Musical Instruments, Other than Accordions to Norway in 2022:
- China (15.8K units)
- Indonesia (1.8K units)
- Malaysia (1.1K units)
- United States (0.6K units)
- India (0.5K units)
- Japan (0.4K units)
- Sweden (0.3K units)
- Vietnam (0.3K units)
Exports of Keyboard Electrical Musical Instruments, Other than Accordions in Norway
In 2022, exports of keyboard electrical musical instruments, other than accordionses from Norway dropped remarkably to 123 units, with a decrease of -17.4% against the previous year's figure. In general, exports showed a deep slump. The pace of growth was the most pronounced in 2021 when exports increased by 133% against the previous year. The exports peaked at 155 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 fell sharply to $52K in 2022. Overall, exports, however, saw a strong increase. The growth pace was the most rapid in 2021 when exports increased by 310% against the previous year. As a result, the exports attained the peak of $77K, and then reduced dramatically in the following year.
| Export of Keyboard Electrical Musical Instruments, Other than Accordions in Norway (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 17.0 | 3.7 | 2.3 | 15.0 | -4.1% |
| Sweden | 10.7 | 3.2 | 11.7 | 11.5 | 2.4% |
| France | N/A | N/A | N/A | 8.0 | 0% |
| Netherlands | 2.9 | 1.6 | 1.8 | 7.0 | 34.1% |
| Denmark | 3.5 | 0.9 | 5.5 | 2.7 | -8.3% |
| Tanzania | N/A | N/A | N/A | 2.1 | 0% |
| Nigeria | 1.8 | 1.3 | 3.4 | 1.6 | -3.9% |
| Ghana | N/A | N/A | N/A | 0.4 | 0% |
| Switzerland | N/A | N/A | 34.9 | N/A | 0% |
| United Kingdom | N/A | 3.3 | 4.8 | N/A | 45.5% |
| Others | 7.7 | 4.8 | 12.2 | 3.3 | -24.6% |
| Total | 43.6 | 18.7 | 76.7 | 51.7 | 5.8% |
Top Export Markets for Keyboard Electrical Musical Instruments, Other than Accordions from Norway in 2022:
- Sweden (45.0 units)
- Nigeria (20.0 units)
- Tanzania (14.0 units)
- United States (13.0 units)
- Netherlands (11.0 units)
- Denmark (6.0 units)
- Ghana (3.0 units)
- France (3.0 units)
392
This report provides an in-depth analysis of the electrical musical instrument market in Norway.
454
This report provides an in-depth analysis of the global electrical musical instrument market.
392
This report provides an in-depth analysis of the electrical musical instrument market in Norway.
454
This report provides an in-depth analysis of the global electrical musical instrument market.
107
Discover the top import markets for electrical musical instruments in 2023. Learn about the key countries driving the global trade of musical instruments.
107
Discover the top import markets for electrical musical instruments in 2023. Learn about the key countries driving the global trade of musical instruments.
