Price for Non-Keyboard Electrical Musical Instruments in Iran - 2021

Contents:

  1. Price for Non-Keyboard Electrical Musical Instruments in Iran (FOB) - 2022
  2. Price for Non-Keyboard Electrical Musical Instruments in Iran (CIF) - 2022
  3. Exports of Non-Keyboard Electrical Musical Instruments in Iran
  4. Imports of Non-Keyboard Electrical Musical Instruments in Iran

Price for Non-Keyboard Electrical Musical Instruments in Iran (FOB) - 2022

The average non-keyboard electrical musical instruments export price stood at $252 per unit in 2022, reducing by -22.8% against the previous year. Overall, the export price, however, continues to indicate a noticeable increase. The most prominent rate of growth was recorded in 2017 when the average export price increased by 210%. The export price peaked at $326 per unit in 2021, and then shrank remarkably in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the Netherlands ($1,429 per unit), while the average price for exports to Sweden ($43 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 the Netherlands (+182.3%), while the prices for the other major destinations experienced more modest paces of growth.

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

The average non-keyboard electrical musical instruments import price stood at $269 per unit in 2022, almost unchanged from the previous year. Overall, the import price showed a notable expansion. The most prominent rate of growth was recorded in 2016 an increase of 117%. Over the period under review, average import prices reached the maximum at $339 per unit in 2019; however, from 2020 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United Arab Emirates ($852 per unit), while the price for India ($19 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Indonesia (+11.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Exports of Non-Keyboard Electrical Musical Instruments in Iran

In 2022, the amount of non-keyboard electrical musical instrumentses exported from Iran rose notably to 25 units, with an increase of 8.7% on the year before. The total export volume increased at an average annual rate of +1.4% from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations throughout the analyzed period. The growth pace was the most rapid in 2021 with an increase of 15%. The exports peaked in 2022 and are likely to see steady growth in the immediate term.

In value terms, non-keyboard electrical musical instruments exports dropped rapidly to $6.3K in 2022. Over the period under review, total exports indicated resilient growth from 2019 to 2022: its value increased at an average annual rate of +12.8% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +43.7% against 2019 indices. The growth pace was the most rapid in 2021 when exports increased by 47%. As a result, the exports attained the peak of $7.5K, and then dropped notably in the following year.

Export of Non-Keyboard Electrical Musical Instruments in Iran (USD)
COUNTRY2019202020212022CAGR,
2019-2022
NetherlandsN/AN/AN/A1,4290%
KyrgyzstanN/AN/A1,5741,111-29.4%
Germany1031501,318970111.2%
New ZealandN/AN/AN/A5950%
Georgia2962243663142.0%
Canada2,6652,8822,192265-53.7%
Switzerland39.033.078.057.013.5%
Sweden17216630843.0-37.0%
Thailand72.045.061.043.0-15.8%
Azerbaijan652N/A44.0N/A-74.0%
TurkeyN/A588N/AN/A0%
Others3851,0081,5661,47256.4%
Total4,3845,0967,5076,29912.8%

Top Export Markets for Non-Keyboard Electrical Musical Instruments from Iran in 2022:

  1. Kyrgyzstan (13.0 units)
  2. Georgia (4.0 units)
  3. Canada (1.0 units)
  4. Sweden (1.0 units)
  5. Netherlands (1.0 units)
  6. Germany (1.0 units)
  7. Switzerland (1.0 units)
  8. Thailand (1.0 units)
  9. New Zealand (1.0 units)

Imports of Non-Keyboard Electrical Musical Instruments in Iran

In 2022, overseas purchases of non-keyboard electrical musical instrumentses increased by 89% to 70 units for the first time since 2019, thus ending a two-year declining trend. In general, imports, however, recorded a sharp descent. Over the period under review, imports attained the maximum at 436 units in 2019; however, from 2020 to 2022, imports failed to regain momentum.

In value terms, non-keyboard electrical musical instruments imports soared to $19K in 2022. Over the period under review, imports, however, showed a sharp decline. Imports peaked at $148K in 2019; however, from 2020 to 2022, imports failed to regain momentum.

Import of Non-Keyboard Electrical Musical Instruments in Iran (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Indonesia17.14.71.73.3-42.2%
Spain12.93.81.53.1-37.8%
United Kingdom9.03.01.33.0-30.7%
Taiwan (Chinese)12.43.61.42.9-38.4%
United Arab Emirates57.06.01.51.7-69.0%
Germany5.71.80.71.6-34.5%
India2.10.70.30.6-34.1%
China4.51.00.30.5-51.9%
Others27.23.21.32.2-56.8%
Total14827.89.918.8-49.7%

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

  1. India (32.0 units)
  2. United Kingdom (11.0 units)
  3. Spain (5.0 units)
  4. Taiwan (Chinese) (4.0 units)
  5. Indonesia (4.0 units)
  6. Germany (3.0 units)
  7. China (3.0 units)
  8. United Arab Emirates (2.0 units)

Source: IndexBox Market Intelligence Platform

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