Price for Keyboard Electrical Musical Instruments, Other than Accordions in Poland - 2023
Contents:
- Price for Keyboard Electrical Musical Instruments, Other than Accordions in Poland (CIF) - 2022
- Price for Keyboard Electrical Musical Instruments, Other than Accordions in Poland (FOB) - 2023
- Imports of Keyboard Electrical Musical Instruments, Other than Accordions in Poland
- Exports of Keyboard Electrical Musical Instruments, Other than Accordions in Poland
Price for Keyboard Electrical Musical Instruments, Other than Accordions in Poland (CIF) - 2022
In 2022, the average import price for keyboard electrical musical instruments, other than accordionses amounted to $353 per unit, rising by 32% against the previous year. Over the last decade, it increased at an average annual rate of +1.1%. The import price peaked at $417 per unit in 2017; however, from 2018 to 2022, import prices remained at a lower figure.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Japan ($886 per unit), while the price for Vietnam ($115 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Vietnam (+16.2%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Keyboard Electrical Musical Instruments, Other than Accordions in Poland (FOB) - 2023
The average export price for keyboard electrical musical instruments, other than accordionses stood at $243 per unit in December 2023, reducing by -27% against the previous month. Overall, the export price continues to indicate a pronounced decrease. The most prominent rate of growth was recorded in October 2023 an increase of 80% m-o-m. As a result, the export price attained the peak level of $616 per unit. From November 2023 to December 2023, the the average export prices remained at a lower figure.
Prices varied noticeably by the country of destination: the country with the highest price was Ukraine ($954 per unit), while the average price for exports to China ($12.4 per unit) was amongst the lowest.
From December 2022 to December 2023, the most notable rate of growth in terms of prices was recorded for supplies to Spain (+6.9%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Keyboard Electrical Musical Instruments, Other than Accordions in Poland
After three years of growth, purchases abroad of keyboard electrical musical instruments, other than accordionses decreased by -39.3% to 43K units in 2022. In general, total imports indicated a mild expansion from 2019 to 2022: its volume increased at an average annual rate of +1.2% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2021 with an increase of 53% against the previous year. As a result, imports reached the peak of 70K units, and then fell significantly in the following year.
In value terms, imports of keyboard electrical musical instruments, other than accordionses dropped rapidly to $15M in 2022. The total import value increased at an average annual rate of +6.4% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2020 when imports increased by 29% against the previous year. Over the period under review, imports of reached the maximum at $19M in 2021, and then fell sharply in the following year.
| Import of Keyboard Electrical Musical Instruments, Other than Accordions in Poland (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 1.5 | 7.5 | 8.6 | 9.2 | 83.0% |
| China | 6.2 | 3.8 | 5.5 | 3.9 | -14.3% |
| France | N/A | 0.8 | 1.0 | 0.4 | -29.3% |
| Vietnam | 0.2 | 0.1 | 0.2 | 0.1 | -20.6% |
| Slovakia | 0.3 | 0.4 | 0.4 | 0.1 | -30.7% |
| United Kingdom | 0.1 | 1.2 | N/A | N/A | 1100.0% |
| Indonesia | 2.7 | 0.4 | 0.5 | N/A | -57.0% |
| Others | 1.5 | 1.8 | 2.6 | 1.4 | -2.3% |
| Total | 12.5 | 16.1 | 18.8 | 15.1 | 6.5% |
Top Suppliers of Keyboard Electrical Musical Instruments, Other than Accordions to Poland in 2022:
- China (22.8K units)
- Germany (14.9K units)
- France (0.8K units)
- Vietnam (0.7K units)
- Slovakia (0.4K units)
- United Kingdom (0.1K units)
Exports of Keyboard Electrical Musical Instruments, Other than Accordions in Poland
In 2022, shipments abroad of keyboard electrical musical instruments, other than accordionses decreased by -10.3% to 33K units for the first time since 2018, thus ending a three-year rising trend. Over the period under review, exports, however, posted a significant increase. The most prominent rate of growth was recorded in 2020 with an increase of 199% against the previous year. The exports peaked at 36K units in 2021, and then fell in the following year.
In value terms, exports of keyboard electrical musical instruments, other than accordionses amounted to $8.8M in 2022. In general, exports, however, posted a significant increase. The pace of growth appeared the most rapid in 2020 when exports increased by 128%. Over the period under review, the exports of reached the maximum in 2022 and are likely to see steady growth in years to come.
| Export of Keyboard Electrical Musical Instruments, Other than Accordions in Poland (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 931 | 2,138 | 3,171 | 3,697 | 58.4% |
| United States | 301 | 421 | 1,537 | 1,731 | 79.2% |
| United Kingdom | 42.9 | 146 | 653 | 611 | 142.4% |
| Austria | 148 | 276 | 462 | 448 | 44.7% |
| France | 42.6 | 275 | 491 | 429 | 115.9% |
| Italy | 43.0 | 398 | 526 | 371 | 105.1% |
| Spain | 35.5 | 266 | 353 | 184 | 73.1% |
| Netherlands | 5.5 | 27.5 | 82.0 | 144 | 196.9% |
| Ukraine | 72.5 | 136 | 323 | 126 | 20.2% |
| Others | 377 | 467 | 986 | 1,074 | 41.8% |
| Total | 2,000 | 4,553 | 8,584 | 8,815 | 64.0% |
Top Export Markets for Keyboard Electrical Musical Instruments, Other than Accordions from Poland in 2022:
- Germany (18.9K units)
- United States (3.2K units)
- Austria (2.0K units)
- France (1.7K units)
- United Kingdom (1.2K units)
- Italy (1.1K units)
- Netherlands (0.8K units)
- Spain (0.6K units)
- Ukraine (0.5K units)
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This report provides an in-depth analysis of the electrical musical instrument market in Poland.
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This report provides an in-depth analysis of the electrical musical instrument market in Poland.
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This report provides an in-depth analysis of the global electrical musical instrument market.
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Discover the top import markets for electrical musical instruments in 2023. Learn about the key countries driving the global trade of musical instruments.
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Discover the top import markets for electrical musical instruments in 2023. Learn about the key countries driving the global trade of musical instruments.
