Price for Non-Keyboard Electrical Musical Instruments in Argentina - 2023

Contents:

  1. Price for Non-Keyboard Electrical Musical Instruments in Argentina (CIF) - 2022
  2. Imports of Non-Keyboard Electrical Musical Instruments in Argentina

Price for Non-Keyboard Electrical Musical Instruments in Argentina (CIF) - 2022

The average non-keyboard electrical musical instruments import price stood at $141 per unit in 2022, growing by 19% against the previous year. Over the last decade, it increased at an average annual rate of +3.4%. The pace of growth was the most pronounced in 2021 an increase of 37% against the previous year. The import price peaked in 2022 and is expected to retain growth in years to come.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($1,049 per unit), while the price for China ($104 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+5.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Imports of Non-Keyboard Electrical Musical Instruments in Argentina

For the fourth consecutive year, Argentina recorded growth in overseas purchases of non-keyboard electrical musical instrumentses, which increased by 3.5% to 33K units in 2022. In general, imports continue to indicate significant growth. The most prominent rate of growth was recorded in 2020 with an increase of 82%. Imports peaked in 2022 and are expected to retain growth in the immediate term.

In value terms, non-keyboard electrical musical instruments imports soared to $4.7M in 2022. Over the period under review, imports saw a significant increase. The growth pace was the most rapid in 2021 with an increase of 80% against the previous year. Imports peaked in 2022 and are likely to continue growth in the immediate term.

Import of Non-Keyboard Electrical Musical Instruments in Argentina (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China6091,3492,1552,70264.3%
Indonesia2312919861,06566.4%
Vietnam18.624.411133.221.3%
Others33343953487337.9%
Total1,1912,1043,7864,67457.7%

Top Suppliers of Non-Keyboard Electrical Musical Instruments to Argentina in 2022:

  1. China (26.0K units)
  2. Indonesia (5.5K units)
  3. Vietnam (0.4K units)

Source: IndexBox Market Intelligence Platform

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Free Data: Musical instruments; (other than keyboard), the sound of which is produced or must be amplified electrically - Argentina