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

Contents:

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

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

The average import price for keyboard electrical musical instruments, other than accordionses stood at $507 per unit in 2022, declining by -11.9% against the previous year. Overall, the import price, however, saw a prominent increase. The most prominent rate of growth was recorded in 2020 when the average import price increased by 47% against the previous year. As a result, import price reached the peak level of $644 per unit. From 2021 to 2022, the average import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Italy ($1,091 per unit), while the price for Vietnam ($98 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Belgium (+21.2%), while the prices for the other major suppliers experienced more modest paces of growth.

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

In 2022, the average export price for keyboard electrical musical instruments, other than accordionses amounted to $642 per unit, increasing by 11% against the previous year. In general, the export price, however, faced a abrupt contraction. The pace of growth was the most pronounced in 2016 when the average export price increased by 44%. Over the period under review, the average export prices attained the maximum at $2,777 per unit in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Germany ($891 per unit), while the average price for exports to Italy ($195 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 the Czech Republic (+69.5%), while the prices for the other major destinations experienced mixed trend patterns.

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

In 2022, the amount of keyboard electrical musical instruments, other than accordionses imported into Romania rose sharply to 15K units, growing by 5.3% compared with 2021 figures. In general, total imports indicated notable growth from 2019 to 2022: its volume increased at an average annual rate of +3.9% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +70.5% against 2020 indices. The pace of growth was the most pronounced in 2021 with an increase of 62% against the previous year. Imports peaked in 2022 and are likely to continue growth in years to come.

In value terms, imports of keyboard electrical musical instruments, other than accordionses shrank to $7.5M in 2022. Over the period under review, total imports indicated strong growth from 2019 to 2022: its value increased at an average annual rate of +8.9% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +34.1% against 2020 indices. The pace of growth was the most pronounced in 2021 when imports increased by 44%. As a result, imports attained the peak of $8.1M, and then declined in the following year.

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

1. Germany (7.3K units)
2. China (3.9K units)
3. Belgium (1.1K units)
4. Austria (0.8K units)
5. Italy (0.6K units)
6. Japan (0.4K units)
7. Vietnam (0.2K units)

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

After three years of growth, overseas shipments of keyboard electrical musical instruments, other than accordionses decreased by -29.4% to 466 units in 2022. Over the period under review, exports, however, posted a significant expansion. The pace of growth appeared the most rapid in 2021 when exports increased by 182%. As a result, the exports attained the peak of 660 units, and then shrank significantly in the following year.

In value terms, exports of keyboard electrical musical instruments, other than accordionses declined markedly to $299K in 2022. In general, exports, however, enjoyed a significant expansion. The most prominent rate of growth was recorded in 2021 when exports increased by 218% against the previous year. As a result, the exports reached the peak of $383K, and then declined notably in the following year.

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

1. Moldova (305.0 units)
2. Germany (136.0 units)
3. Georgia (10.0 units)
4. Czech Republic (3.0 units)
5. Spain (3.0 units)
6. Greece (2.0 units)
7. France (2.0 units)
8. Italy (1.0 units)

Source: IndexBox Market Intelligence Platform