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

Contents:

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

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

The average import price for keyboard electrical musical instruments, other than accordionses stood at $531 per unit in 2022, growing by 19% against the previous year. In general, the import price, however, saw a mild descent. The most prominent rate of growth was recorded in 2018 when the average import price increased by 20%. Over the period under review, average import prices reached the peak figure at $630 per unit in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were Chile ($602 per unit) and South Korea ($602 per unit), while the price for Indonesia ($480 per unit) and China ($480 per unit) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Argentina (+2.4%), while the prices for the other major suppliers experienced a decline.

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

In 2022, the average export price for keyboard electrical musical instruments, other than accordionses amounted to $452 per unit, picking up by 20% against the previous year. Overall, the export price posted noticeable growth. The most prominent rate of growth was recorded in 2013 when the average export price increased by 52%. The export price peaked in 2022 and is expected to retain growth in the near future.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Brazil ($460 per unit), while the average price for exports to Spain amounted to $131 per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Brazil (+4.4%).

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

In 2022, imports of keyboard electrical musical instruments, other than accordionses into Paraguay contracted to 1.5K units, with a decrease of -14.7% compared with 2021 figures. Over the period under review, imports continue to indicate a abrupt downturn. The pace of growth was the most pronounced in 2021 when imports increased by 36%. Imports peaked at 2.3K units in 2019; however, from 2020 to 2022, imports failed to regain momentum.

In value terms, imports of keyboard electrical musical instruments, other than accordionses totaled $771K in 2022. Overall, imports recorded a abrupt slump. The most prominent rate of growth was recorded in 2021 with an increase of 52%. Imports peaked at $952K in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

Import of Keyboard Electrical Musical Instruments, Other than Accordions in Paraguay (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Chile55.312125328773.1%
China2261043242706.1%
Indonesia40012693.0137-30.0%
South Korea57.335.130.321.1-28.3%
United States49.74.46.619.9-26.3%
Argentina13048.825.86.7-62.8%
Others33.961.227.128.8-5.3%
Total952501761771-6.8%

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

  1. China (563.0 units)
  2. Chile (477.0 units)
  3. Indonesia (286.0 units)
  4. United States (41.0 units)
  5. South Korea (35.0 units)
  6. Argentina (14.0 units)

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

In 2022, after two years of growth, there was significant decline in shipments abroad of keyboard electrical musical instruments, other than accordionses, when their volume decreased by -26.4% to 203 units. Overall, exports, however, continue to indicate significant growth. The growth pace was the most rapid in 2021 when exports increased by 138%. As a result, the exports reached the peak of 276 units, and then shrank dramatically in the following year.

In value terms, exports of keyboard electrical musical instruments, other than accordionses shrank to $92K in 2022. In general, exports, however, showed a significant expansion. The pace of growth appeared the most rapid in 2021 with an increase of 115%. As a result, the exports attained the peak of $104K, and then shrank in the following year.

Export of Keyboard Electrical Musical Instruments, Other than Accordions in Paraguay (Thousand USD)
COUNTRY202020212022CAGR,
2020-2022
Brazil47.710491.138.2%
Others0.60.30.78.0%
Total48.310491.837.9%

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

  1. Brazil (198.0 units)

Source: IndexBox Market Intelligence Platform

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