Price for Non-Keyboard Electrical Musical Instruments in Myanmar - 2022
Contents:
- Price for Non-Keyboard Electrical Musical Instruments in Myanmar (CIF) - 2022
- Price for Non-Keyboard Electrical Musical Instruments in Myanmar (FOB) - 2022
- Imports of Non-Keyboard Electrical Musical Instruments in Myanmar
- Exports of Non-Keyboard Electrical Musical Instruments in Myanmar
Price for Non-Keyboard Electrical Musical Instruments in Myanmar (CIF) - 2022
The average non-keyboard electrical musical instruments import price stood at $29 per unit in 2022, picking up by 10% against the previous year. Overall, the import price, however, showed a deep setback. The pace of growth appeared the most rapid in 2013 an increase of 240% against the previous year. As a result, import price attained the peak level of $174 per unit. From 2014 to 2022, the average import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Japan ($118 per unit), while the price for Thailand ($5.7 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Japan (+5.5%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Non-Keyboard Electrical Musical Instruments in Myanmar (FOB) - 2022
In 2022, the average non-keyboard electrical musical instruments export price amounted to $20 per unit, standing approx. at the previous year. In general, the export price, however, recorded a noticeable downturn. Over the period under review, the average export prices hit record highs at $22 per unit in 2020; however, from 2021 to 2022, the export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Thailand ($42 per unit), while the average price for exports to Nepal stood at $2.8 per unit.
From 2020 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Nepal (0.0%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Non-Keyboard Electrical Musical Instruments in Myanmar
For the third consecutive year, Myanmar recorded decline in supplies from abroad of non-keyboard electrical musical instrumentses, which decreased by -55.6% to 1.2K units in 2022. Over the period under review, imports showed a precipitous setback. The smallest decline of -33.8% was in 2021. Imports peaked at 9K units in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.
In value terms, non-keyboard electrical musical instruments imports dropped sharply to $34K in 2022. Overall, imports continue to indicate a sharp slump. The smallest decline of -12.2% was in 2021. Imports peaked at $163K in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.
| Import of Non-Keyboard Electrical Musical Instruments in Myanmar (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Indonesia | 72.0 | 29.4 | 34.6 | 18.6 | -36.3% |
| China | 62.8 | 23.2 | 32.3 | 9.3 | -47.1% |
| Japan | 11.1 | 5.0 | 2.7 | 3.3 | -33.3% |
| Malaysia | 6.4 | 5.6 | N/A | 1.6 | -37.0% |
| Thailand | 0.3 | 0.2 | 0.2 | 1.4 | 67.1% |
| Taiwan (Chinese) | 6.2 | 5.8 | N/A | N/A | -6.5% |
| Others | 3.9 | 10.9 | 0.4 | 0.1 | -70.5% |
| Total | 163 | 79.9 | 70.2 | 34.3 | -40.5% |
Top Suppliers of Non-Keyboard Electrical Musical Instruments to Myanmar in 2022:
- Indonesia (612.0 units)
- China (267.0 units)
- Thailand (239.0 units)
- Malaysia (48.0 units)
- Japan (28.0 units)
Exports of Non-Keyboard Electrical Musical Instruments in Myanmar
After two years of growth, shipments abroad of non-keyboard electrical musical instrumentses decreased by -49.9% to 977 units in 2022. In general, exports, however, saw a significant increase. The growth pace was the most rapid in 2021 with an increase of 48,650% against the previous year. As a result, the exports reached the peak of 1.9K units, and then shrank significantly in the following year.
In value terms, non-keyboard electrical musical instruments exports fell notably to $20K in 2022. Over the period under review, exports, however, continue to indicate significant growth. The most prominent rate of growth was recorded in 2021 with an increase of 44,745% against the previous year. As a result, the exports reached the peak of $40K, and then reduced sharply in the following year.
| Export of Non-Keyboard Electrical Musical Instruments in Myanmar (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2020 | 2021 | 2022 | CAGR, 2020-2022 | |
| Thailand | N/A | N/A | 18.5 | 0% | |
| Nepal | N/A | N/A | 1.5 | 0% | |
| New Zealand | N/A | 33.7 | N/A | 0% | |
| Ethiopia | N/A | 6.3 | N/A | 0% | |
| Others | 0.1 | N/A | N/A | 0% | |
| Total | 0.1 | 39.9 | 20.0 | 1314.2% | |
Top Export Markets for Non-Keyboard Electrical Musical Instruments from Myanmar in 2022:
- Nepal (534.0 units)
- Thailand (443.0 units)
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