Price for Keyboard Electrical Musical Instruments, Other than Accordions in Switzerland - 2024
Contents:
- Price for Keyboard Electrical Musical Instruments, Other than Accordions in Switzerland (CIF) - 2024
- Price for Keyboard Electrical Musical Instruments, Other than Accordions in Switzerland (FOB) - 2022
- Imports of Keyboard Electrical Musical Instruments, Other than Accordions in Switzerland
- Exports of Keyboard Electrical Musical Instruments, Other than Accordions in Switzerland
Price for Keyboard Electrical Musical Instruments, Other than Accordions in Switzerland (CIF) - 2024
In January 2024, the average import price for keyboard electrical musical instruments, other than accordionses amounted to $718 per unit, increasing by 19% against the previous month. In general, import price indicated a modest expansion from January 2023 to January 2024: its price increased at an average monthly rate of +1.4% over the last twelve months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on January 2024 figures, import price for keyboard electrical musical instruments, other than accordionses increased by +19.4% against December 2023 indices. The most prominent rate of growth was recorded in September 2023 an increase of 105% m-o-m. Over the period under review, average import prices attained the peak figure at $918 per unit in May 2023; however, from June 2023 to January 2024, import prices stood at a somewhat lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was Indonesia ($1,707 per unit), while the price for China ($349 per unit) was amongst the lowest.
From January 2023 to January 2024, the most notable rate of growth in terms of prices was attained by Japan (+4.8%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Keyboard Electrical Musical Instruments, Other than Accordions in Switzerland (FOB) - 2022
The average export price for keyboard electrical musical instruments, other than accordionses stood at $947 per unit in 2022, increasing by 30% against the previous year. Overall, the export price showed a buoyant increase. The most prominent rate of growth was recorded in 2019 an increase of 145%. As a result, the export price reached the peak level of $1,752 per unit. From 2020 to 2022, the average export prices failed to regain momentum.
There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($2,322 per unit), while the average price for exports to Germany ($803 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 Italy (+11.2%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Keyboard Electrical Musical Instruments, Other than Accordions in Switzerland
In 2022, the amount of keyboard electrical musical instruments, other than accordionses imported into Switzerland shrank dramatically to 33K units, which is down by -23.3% compared with 2021. In general, total imports indicated a temperate increase from 2019 to 2022: its volume increased at an average annual rate of +2.2% 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 +14.7% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 50%. As a result, imports reached the peak of 43K units, and then fell significantly in the following year.
In value terms, imports of keyboard electrical musical instruments, other than accordionses fell to $21M in 2022. The total import value increased at an average annual rate of +8.9% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2020 when imports increased by 25% against the previous year. Over the period under review, imports of attained the maximum at $23M in 2021, and then declined in the following year.
| Import of Keyboard Electrical Musical Instruments, Other than Accordions in Switzerland (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 5.7 | 5.2 | 4.9 | 4.8 | -5.6% |
| Japan | 1.0 | 2.1 | 2.8 | 3.4 | 50.4% |
| China | 2.6 | 3.5 | 4.0 | 3.3 | 8.3% |
| Indonesia | 1.4 | 2.6 | 2.7 | 3.0 | 28.9% |
| Malaysia | 1.4 | 1.9 | 1.5 | 2.8 | 26.0% |
| United Kingdom | 1.5 | 1.8 | 1.6 | 0.6 | -26.3% |
| Hong Kong SAR | 0.1 | 0.2 | 0.2 | 0.2 | 26.0% |
| India | 0.2 | N/A | N/A | 0.1 | -20.6% |
| Belgium | N/A | N/A | 1.8 | N/A | 0% |
| Others | 2.1 | 2.5 | 2.9 | 2.4 | 4.6% |
| Total | 16.0 | 20.0 | 22.5 | 20.7 | 9.0% |
Top Suppliers of Keyboard Electrical Musical Instruments, Other than Accordions to Switzerland in 2022:
- China (10.7K units)
- Germany (8.6K units)
- Japan (4.9K units)
- Malaysia (2.8K units)
- Indonesia (2.4K units)
- United Kingdom (0.6K units)
- India (0.5K units)
- Hong Kong SAR (0.5K units)
Exports of Keyboard Electrical Musical Instruments, Other than Accordions in Switzerland
In 2022, exports of keyboard electrical musical instruments, other than accordionses from Switzerland shrank to 366 units, waning by -7.8% against 2021. Over the period under review, exports continue to indicate a significant curtailment. The pace of growth appeared the most rapid in 2021 when exports increased by 23%. Over the period under review, the exports of reached the peak figure at 1.2K units in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.
In value terms, exports of keyboard electrical musical instruments, other than accordionses soared to $347K in 2022. Overall, exports recorded a precipitous curtailment. The exports peaked at $2.1M in 2019; however, from 2020 to 2022, the exports failed to regain momentum.
| Export of Keyboard Electrical Musical Instruments, Other than Accordions in Switzerland (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 115 | 150 | 145 | 160 | 11.6% |
| Netherlands | 0.4 | 4.3 | N/A | 67.8 | 453.4% |
| United States | 8.2 | 2.6 | 24.7 | 51.1 | 84.0% |
| United Kingdom | 24.7 | 55.7 | 64.2 | 43.0 | 20.3% |
| France | 3.6 | 1.6 | 15.0 | 10.8 | 44.2% |
| Italy | 1,397 | 0.2 | 7.3 | 3.0 | -87.1% |
| Austria | 477 | 3.0 | 0.1 | N/A | -98.6% |
| Others | 29.7 | 24.4 | 32.0 | 10.9 | -28.4% |
| Total | 2,055 | 242 | 288 | 347 | -44.7% |
Top Export Markets for Keyboard Electrical Musical Instruments, Other than Accordions from Switzerland in 2022:
- Germany (199.0 units)
- Netherlands (84.0 units)
- United Kingdom (31.0 units)
- United States (22.0 units)
- France (8.0 units)
- Italy (3.0 units)
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This report provides an in-depth analysis of the electrical musical instrument market in Switzerland.
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This report provides an in-depth analysis of the electrical musical instrument market in Switzerland.
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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.
