Price for Keyboard Electrical Musical Instruments, Other than Accordions in Serbia - 2024
Contents:
- Price for Keyboard Electrical Musical Instruments, Other than Accordions in Serbia (CIF) - 2022
- Price for Keyboard Electrical Musical Instruments, Other than Accordions in Serbia (FOB) - 2022
- Imports of Keyboard Electrical Musical Instruments, Other than Accordions in Serbia
- Exports of Keyboard Electrical Musical Instruments, Other than Accordions in Serbia
Price for Keyboard Electrical Musical Instruments, Other than Accordions in Serbia (CIF) - 2022
In 2022, the average import price for keyboard electrical musical instruments, other than accordionses amounted to $268 per unit, growing by 6.9% against the previous year. Over the period under review, the import price, however, showed a abrupt descent. The pace of growth appeared the most rapid in 2018 an increase of 21%. The import price peaked at $659 per unit in 2013; however, from 2014 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 Italy ($1,403 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 Italy (+7.9%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Keyboard Electrical Musical Instruments, Other than Accordions in Serbia (FOB) - 2022
In 2022, the average export price for keyboard electrical musical instruments, other than accordionses amounted to $568 per unit, picking up by 18% against the previous year. Over the period under review, the export price, however, recorded a slight reduction. The pace of growth appeared the most rapid in 2018 when the average export price increased by 20%. The export price peaked at $695 per unit in 2019; however, from 2020 to 2022, the 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 Albania ($866 per unit), while the average price for exports to Azerbaijan ($307 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 Albania (+2.6%), while the prices for the other major destinations experienced mixed trend patterns.
Imports of Keyboard Electrical Musical Instruments, Other than Accordions in Serbia
In 2022, after three years of growth, there was decline in purchases abroad of keyboard electrical musical instruments, other than accordionses, when their volume decreased by -0.7% to 4.6K units. Over the period under review, total imports indicated a strong increase from 2019 to 2022: its volume increased at an average annual rate of +19.3% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +69.8% against 2019 indices. The growth pace was the most rapid in 2020 when imports increased by 33% against the previous year. Over the period under review, imports of hit record highs at 4.7K units in 2021, and then declined in the following year.
In value terms, imports of keyboard electrical musical instruments, other than accordionses rose remarkably to $1.2M in 2022. The total import value increased at an average annual rate of +1.8% over the period from 2019 to 2022; however, the trend pattern remained consistent, with somewhat noticeable fluctuations being observed throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Keyboard Electrical Musical Instruments, Other than Accordions in Serbia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 503 | 683 | 596 | 684 | 10.8% |
| Indonesia | 254 | 206 | 322 | 238 | -2.1% |
| Malaysia | 46.0 | 45.8 | 80.6 | 96.5 | 28.0% |
| Italy | 231 | 184 | 84.8 | 82.8 | -29.0% |
| Japan | 54.6 | 42.9 | 36.9 | 51.6 | -1.9% |
| Others | 86.9 | 78.1 | 47.8 | 88.1 | 0.5% |
| Total | 1,176 | 1,240 | 1,168 | 1,241 | 1.8% |
Top Suppliers of Keyboard Electrical Musical Instruments, Other than Accordions to Serbia in 2022:
- China (3829.0 units)
- Indonesia (321.0 units)
- Malaysia (140.0 units)
- Japan (77.0 units)
- Italy (59.0 units)
Exports of Keyboard Electrical Musical Instruments, Other than Accordions in Serbia
Exports of keyboard electrical musical instruments, other than accordionses from Serbia dropped slightly to 1K units in 2022, shrinking by -3.4% against 2021 figures. The total export volume increased at an average annual rate of +2.2% over the period from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations in certain years. The pace of growth was the most pronounced in 2021 with an increase of 17% against the previous year. As a result, the exports reached the peak of 1.1K units, and then fell slightly in the following year.
In value terms, exports of keyboard electrical musical instruments, other than accordionses stood at $591K in 2022. Overall, exports showed a noticeable descent. The exports peaked at $678K in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.
| Export of Keyboard Electrical Musical Instruments, Other than Accordions in Serbia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Montenegro | 51.4 | 79.6 | 98.0 | 123 | 33.8% |
| Bosnia and Herzegovina | 223 | 148 | 135 | 117 | -19.3% |
| Germany | 28.5 | N/A | 24.6 | 103 | 53.5% |
| North Macedonia | 58.9 | 41.9 | 58.1 | 86.6 | 13.7% |
| Croatia | 197 | 192 | 141 | 71.3 | -28.7% |
| Slovenia | 60.1 | 80.7 | 31.9 | 56.4 | -2.1% |
| Albania | 58.5 | 15.7 | 23.5 | 23.4 | -26.3% |
| Others | 0.9 | 10.5 | 6.4 | 10.6 | 127.5% |
| Total | 678 | 569 | 519 | 591 | -4.5% |
Top Export Markets for Keyboard Electrical Musical Instruments, Other than Accordions from Serbia in 2022:
- Montenegro (220.0 units)
- Bosnia and Herzegovina (210.0 units)
- Germany (208.0 units)
- North Macedonia (148.0 units)
- Croatia (116.0 units)
- Slovenia (81.0 units)
- Albania (27.0 units)
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This report provides an in-depth analysis of the electrical musical instrument market in Serbia.
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This report provides an in-depth analysis of the global electrical musical instrument market.
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This report provides an in-depth analysis of the electrical musical instrument market in Serbia.
462
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.
