Price for Keyboard Electrical Musical Instruments, Other than Accordions in the UK - 2024
Contents:
- Price for Keyboard Electrical Musical Instruments, Other than Accordions in the UK (CIF) - 2022
- Price for Keyboard Electrical Musical Instruments, Other than Accordions in the UK (FOB) - 2022
- Imports of Keyboard Electrical Musical Instruments, Other than Accordions in the UK
- Exports of Keyboard Electrical Musical Instruments, Other than Accordions in the UK
Price for Keyboard Electrical Musical Instruments, Other than Accordions in the UK (CIF) - 2022
In 2022, the average import price for keyboard electrical musical instruments, other than accordionses amounted to $332 per unit, with an increase of 39% against the previous year. Overall, the import price, however, continues to indicate a slight downturn. The import price peaked at $405 per unit in 2014; however, from 2015 to 2022, import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($1,195 per unit), while the price for the Netherlands ($119 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Malaysia (+5.0%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Keyboard Electrical Musical Instruments, Other than Accordions in the UK (FOB) - 2022
In 2022, the average export price for keyboard electrical musical instruments, other than accordionses amounted to $350 per unit, growing by 2.3% against the previous year. In general, export price indicated a temperate expansion from 2012 to 2022: its price increased at an average annual rate of +2.8% 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 -22.8% against 2019 indices. The pace of growth appeared the most rapid in 2016 an increase of 67%. The export price peaked at $453 per unit in 2019; however, from 2020 to 2022, the export prices stood at a somewhat lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Switzerland ($1,340 per unit), while the average price for exports to the Netherlands ($147 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 Switzerland (+17.4%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Keyboard Electrical Musical Instruments, Other than Accordions in the UK
In 2022, supplies from abroad of keyboard electrical musical instruments, other than accordionses decreased by -28.3% to 226K units, falling for the second consecutive year after two years of growth. Overall, imports showed a abrupt curtailment. The pace of growth appeared the most rapid in 2020 with an increase of 27%. As a result, imports attained the peak of 452K units. From 2021 to 2022, the growth of imports of remained at a lower figure.
In value terms, imports of keyboard electrical musical instruments, other than accordionses shrank modestly to $75M in 2022. In general, imports recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 with an increase of 5.3%. As a result, imports attained the peak of $80M. From 2021 to 2022, the growth of imports of remained at a lower figure.
| Import of Keyboard Electrical Musical Instruments, Other than Accordions in the UK (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 32.1 | 36.3 | 34.5 | 30.9 | -1.3% |
| Indonesia | 15.7 | 13.3 | 19.8 | 21.4 | 10.9% |
| Malaysia | 2.2 | 0.2 | N/A | 8.2 | 55.0% |
| Sweden | 4.5 | 3.0 | 3.1 | 3.1 | -11.7% |
| Japan | 1.3 | 1.3 | 1.4 | 1.8 | 11.5% |
| Italy | 1.6 | 2.0 | 0.9 | 1.5 | -2.1% |
| Netherlands | 0.2 | 0.1 | 0.1 | 1.3 | 86.6% |
| Germany | 5.5 | 9.6 | 7.4 | 0.7 | -49.7% |
| Belgium | 6.1 | 4.6 | 0.5 | 0.1 | -74.6% |
| Others | 6.9 | 9.8 | 7.5 | 6.2 | -3.5% |
| Total | 76.1 | 80.2 | 75.3 | 75.1 | -0.4% |
Top Suppliers of Keyboard Electrical Musical Instruments, Other than Accordions to the UK in 2022:
- China (145.8K units)
- Indonesia (25.1K units)
- Malaysia (15.9K units)
- Netherlands (10.6K units)
- Japan (5.3K units)
- Italy (5.0K units)
- Sweden (4.1K units)
- Germany (0.9K units)
- Belgium (0.1K units)
Exports of Keyboard Electrical Musical Instruments, Other than Accordions in the UK
In 2022, overseas shipments of keyboard electrical musical instruments, other than accordionses decreased by -12.6% to 31K units, falling for the second consecutive year after two years of growth. Overall, exports continue to indicate a deep reduction. The most prominent rate of growth was recorded in 2020 when exports increased by 12% against the previous year. As a result, the exports reached the peak of 54K units. From 2021 to 2022, the growth of the exports of remained at a lower figure.
In value terms, exports of keyboard electrical musical instruments, other than accordionses dropped to $11M in 2022. Over the period under review, exports faced a precipitous decrease. The exports peaked at $22M 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 the UK (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 4.8 | 5.7 | 2.9 | 3.1 | -13.6% |
| United States | 0.9 | 1.0 | 1.3 | 1.5 | 18.6% |
| Netherlands | 0.6 | 0.3 | 1.1 | 1.4 | 32.6% |
| Switzerland | 1.0 | 0.9 | 0.9 | 0.8 | -7.2% |
| France | 2.3 | 2.2 | 1.0 | 0.7 | -32.7% |
| Ireland | 4.0 | 3.2 | 0.9 | 0.6 | -46.9% |
| Canada | N/A | 0.1 | 0.1 | 0.3 | 73.2% |
| Italy | 1.3 | 0.8 | 0.4 | 0.2 | -46.4% |
| Sweden | 1.4 | 0.7 | 0.2 | 0.2 | -47.7% |
| Japan | 0.3 | 0.2 | 0.3 | 0.2 | -12.6% |
| Spain | 0.8 | 0.7 | 0.3 | 0.1 | -50.0% |
| Others | 4.1 | 3.3 | 2.7 | 1.7 | -25.4% |
| Total | 21.6 | 19.1 | 12.1 | 10.8 | -20.6% |
Top Export Markets for Keyboard Electrical Musical Instruments, Other than Accordions from the UK in 2022:
- Netherlands (9.5K units)
- Germany (7.8K units)
- France (3.0K units)
- Ireland (2.4K units)
- United States (2.2K units)
- Canada (0.7K units)
- Sweden (0.6K units)
- Switzerland (0.6K units)
- Italy (0.4K units)
- Japan (0.3K units)
- Spain (0.2K units)
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This report provides an in-depth analysis of the electrical musical instrument market in the UK.
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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 the UK.
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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.
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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.
