Price for Keyboard Electrical Musical Instruments, Other than Accordions in Sudan - 2022

Contents:

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

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

The average import price for keyboard electrical musical instruments, other than accordionses stood at $205 per unit in 2022, falling by -28.9% against the previous year. In general, the import price faced a deep reduction. The most prominent rate of growth was recorded in 2016 an increase of 19% against the previous year. The import price peaked at $617 per unit in 2012; however, from 2013 to 2022, import prices stood at a somewhat 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 the UK ($402 per unit), while the price for the United Arab Emirates ($195 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+12.8%), while the prices for the other major suppliers experienced mixed trend patterns.

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

The average export price for keyboard electrical musical instruments, other than accordionses stood at $472 per unit in 2022, rising by 51% against the previous year. Overall, export price indicated measured growth from 2012 to 2022: its price increased at an average annual rate of +3.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for keyboard electrical musical instruments, other than accordionses decreased by -23.2% against 2020 indices. The export price peaked at $614 per unit in 2020; however, from 2021 to 2022, the export prices remained at a lower figure.

As there is only one major export destination, the average price level is determined by prices for Ethiopia.

From 2012 to 2022, the rate of growth in terms of prices for Ethiopia amounted to +3.1% per year.

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

In 2022, purchases abroad of keyboard electrical musical instruments, other than accordionses decreased by -73.6% to 227 units for the first time since 2018, thus ending a three-year rising trend. Over the period under review, imports, however, saw significant growth. The most prominent rate of growth was recorded in 2020 with an increase of 386% against the previous year. Imports peaked at 859 units in 2021, and then reduced markedly in the following year.

In value terms, imports of keyboard electrical musical instruments, other than accordionses reduced rapidly to $47K in 2022. In general, imports, however, enjoyed buoyant growth. The most prominent rate of growth was recorded in 2020 when imports increased by 245% against the previous year. Imports peaked at $248K in 2021, and then declined sharply in the following year.

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

1. United Arab Emirates (192.0 units)
2. China (13.0 units)
3. United Kingdom (10.0 units)
4. Germany (9.0 units)

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

In 2022, overseas shipments of keyboard electrical musical instruments, other than accordionses decreased by -33.3% to 2 units for the first time since 2018, thus ending a three-year rising trend. In general, exports, however, showed a significant expansion. The growth pace was the most rapid in 2021 with an increase of 200%. As a result, the exports attained the peak of 3 units, and then plummeted in the following year.

In value terms, exports of keyboard electrical musical instruments, other than accordionses stood at $943 in 2022. Overall, exports, however, continue to indicate significant growth. The pace of growth appeared the most rapid in 2021 with an increase of 53% against the previous year. Over the period under review, the exports of attained the peak figure in 2022 and are expected to retain growth in years to come.

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

1. Ethiopia (2.0 units)

Source: IndexBox Market Intelligence Platform