Price for Keyboard Electrical Musical Instruments, Other than Accordions in Slovenia - 2023
Contents:
- Price for Keyboard Electrical Musical Instruments, Other than Accordions in Slovenia (CIF) - 2023
- Price for Keyboard Electrical Musical Instruments, Other than Accordions in Slovenia (FOB) - 2023
- Imports of Keyboard Electrical Musical Instruments, Other than Accordions in Slovenia
- Exports of Keyboard Electrical Musical Instruments, Other than Accordions in Slovenia
Price for Keyboard Electrical Musical Instruments, Other than Accordions in Slovenia (CIF) - 2023
The average import price for keyboard electrical musical instruments, other than accordionses stood at $566 per unit in December 2023, picking up by 48% against the previous month. Overall, import price indicated moderate growth from December 2022 to December 2023: its price increased at an average monthly rate of +3.4% over the last twelve months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on December 2023 figures, import price for keyboard electrical musical instruments, other than accordionses increased by +47.9% against November 2023 indices. The most prominent rate of growth was recorded in September 2023 when the average import price increased by 63% month-to-month. As a result, import price reached the peak level of $586 per unit. From October 2023 to December 2023, the average import prices remained at a lower figure.
As there is only one major supplying country, the average price level is determined by prices for China.
From December 2022 to December 2023, the rate of growth in terms of prices for China amounted to +7.6% per month.
Price for Keyboard Electrical Musical Instruments, Other than Accordions in Slovenia (FOB) - 2023
In December 2023, the average export price for keyboard electrical musical instruments, other than accordionses amounted to $385 per unit, dropping by -38% against the previous month. Overall, the export price continues to indicate a slight decline. The pace of growth appeared the most rapid in September 2023 an increase of 178% month-to-month. Over the period under review, the average export prices reached the maximum at $630 per unit in May 2023; however, from June 2023 to December 2023, the export prices failed to regain momentum.
There were significant differences in the average prices for the major overseas markets. In December 2023, the country with the highest price was Kosovo ($424 per unit), while the average price for exports to North Macedonia ($248 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 Kosovo (+9.1%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Keyboard Electrical Musical Instruments, Other than Accordions in Slovenia
After three years of growth, purchases abroad of keyboard electrical musical instruments, other than accordionses decreased by -23.1% to 5.9K units in 2022. In general, total imports indicated a prominent expansion from 2019 to 2022: its volume increased at an average annual rate of +6.0% 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 +19.1% against 2019 indices. The pace of growth appeared the most rapid in 2021 when imports increased by 32%. As a result, imports reached the peak of 7.7K units, and then declined notably in the following year.
In value terms, imports of keyboard electrical musical instruments, other than accordionses contracted to $2.1M in 2022. The total import value increased at an average annual rate of +1.1% over the period from 2019 to 2022; however, the trend pattern remained relatively stable, with only minor fluctuations being observed in certain years. The pace of growth appeared the most rapid in 2021 with an increase of 13%. As a result, imports attained the peak of $2.5M, and then declined in the following year.
| Import of Keyboard Electrical Musical Instruments, Other than Accordions in Slovenia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 506 | 1,030 | 948 | 871 | 19.8% |
| Austria | 81.0 | 620 | 703 | 602 | 95.2% |
| China | 800 | 230 | 453 | 287 | -28.9% |
| Japan | 45.9 | 34.0 | 55.0 | 84.2 | 22.4% |
| Italy | 55.9 | 73.2 | 64.9 | 77.5 | 11.5% |
| Indonesia | 463 | 47.2 | 24.2 | 60.9 | -49.1% |
| Croatia | 5.1 | 77.9 | 89.1 | 23.6 | 66.6% |
| Vietnam | 0.5 | N/A | 34.2 | 10.3 | 174.1% |
| Others | 85.4 | 80.5 | 97.7 | 93.2 | 3.0% |
| Total | 2,042 | 2,193 | 2,469 | 2,110 | 1.1% |
Top Suppliers of Keyboard Electrical Musical Instruments, Other than Accordions to Slovenia in 2022:
- Germany (3720.0 units)
- China (865.0 units)
- Austria (583.0 units)
- Japan (224.0 units)
- Italy (136.0 units)
- Vietnam (95.0 units)
- Indonesia (89.0 units)
- Croatia (60.0 units)
Exports of Keyboard Electrical Musical Instruments, Other than Accordions in Slovenia
Exports of keyboard electrical musical instruments, other than accordionses from Slovenia soared to 3.8K units in 2022, with an increase of 17% compared with the year before. Over the period under review, exports recorded a significant increase. The pace of growth appeared the most rapid in 2020 with an increase of 107%. The exports peaked in 2022 and are expected to retain growth in years to come.
In value terms, exports of keyboard electrical musical instruments, other than accordionses soared to $1.3M in 2022. Overall, exports continue to indicate a significant increase. The most prominent rate of growth was recorded in 2021 when exports increased by 43% against the previous year. Over the period under review, the exports of reached the peak figure in 2022 and are expected to retain growth in years to come.
| Export of Keyboard Electrical Musical Instruments, Other than Accordions in Slovenia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Israel | N/A | 136 | 157 | 402 | 71.9% |
| Croatia | 315 | 381 | 435 | 374 | 5.9% |
| Bulgaria | N/A | N/A | 122 | 209 | 71.3% |
| Serbia | 56.4 | 78.4 | 94.0 | 136 | 34.1% |
| Bosnia and Herzegovina | 72.0 | 73.2 | 92.9 | 61.0 | -5.4% |
| North Macedonia | 29.5 | 28.0 | 45.2 | 23.6 | -7.2% |
| Italy | 0.1 | 2.1 | 19.7 | 1.2 | 128.9% |
| Others | 53.2 | 48.4 | 103 | 66.7 | 7.8% |
| Total | 527 | 747 | 1,069 | 1,273 | 34.2% |
Top Export Markets for Keyboard Electrical Musical Instruments, Other than Accordions from Slovenia in 2022:
- Croatia (2176.0 units)
- Bulgaria (601.0 units)
- Israel (413.0 units)
- Bosnia and Herzegovina (238.0 units)
- Serbia (225.0 units)
- North Macedonia (52.0 units)
- Italy (5.0 units)
123
This report provides an in-depth analysis of the electrical musical instrument market in Slovenia.
457
This report provides an in-depth analysis of the global electrical musical instrument market.
123
This report provides an in-depth analysis of the electrical musical instrument market in Slovenia.
457
This report provides an in-depth analysis of the global electrical musical instrument market.
114
Discover the top import markets for electrical musical instruments in 2023. Learn about the key countries driving the global trade of musical instruments.
114
Discover the top import markets for electrical musical instruments in 2023. Learn about the key countries driving the global trade of musical instruments.
