Price for Non-Keyboard Electrical Musical Instruments in Pakistan - 2023
Contents:
- Price for Non-Keyboard Electrical Musical Instruments in Pakistan (CIF) - 2022
- Price for Non-Keyboard Electrical Musical Instruments in Pakistan (FOB) - 2022
- Imports of Non-Keyboard Electrical Musical Instruments in Pakistan
- Exports of Non-Keyboard Electrical Musical Instruments in Pakistan
Price for Non-Keyboard Electrical Musical Instruments in Pakistan (CIF) - 2022
In 2022, the average non-keyboard electrical musical instruments import price amounted to $26 per unit, shrinking by -50.4% against the previous year. Over the period under review, the import price showed a abrupt setback. The most prominent rate of growth was recorded in 2016 when the average import price increased by 49% against the previous year. The import price peaked at $52 per unit in 2021, and then fell rapidly in the following year.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United Arab Emirates ($265 per unit), while the price for Malaysia ($23 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 Arab Emirates (+1.7%), while the prices for the other major suppliers experienced a decline.
Price for Non-Keyboard Electrical Musical Instruments in Pakistan (FOB) - 2022
In 2022, the average non-keyboard electrical musical instruments export price amounted to $22 per unit, dropping by -41.1% against the previous year. Over the period under review, the export price recorded a deep setback. The pace of growth was the most pronounced in 2015 when the average export price increased by 140% against the previous year. As a result, the export price reached the peak level of $79 per unit. From 2016 to 2022, the average export prices remained at a somewhat lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United Arab Emirates ($338 per unit), while the average price for exports to Kuwait ($1.8 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 United Arab Emirates (+21.1%), while the prices for the other major destinations experienced mixed trend patterns.
Imports of Non-Keyboard Electrical Musical Instruments in Pakistan
In 2022, after two years of decline, there was significant growth in purchases abroad of non-keyboard electrical musical instrumentses, when their volume increased by 392% to 3.1K units. Overall, imports, however, saw a dramatic descent. 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 skyrocketed to $80K in 2022. In general, imports, however, showed a sharp decrease. Imports peaked at $299K in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.
| Import of Non-Keyboard Electrical Musical Instruments in Pakistan (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Denmark | N/A | N/A | N/A | 60.0 | 0% |
| China | 23.9 | 30.0 | 7.8 | 14.0 | -16.3% |
| Malaysia | N/A | N/A | 0.2 | 2.0 | 900.0% |
| Germany | 0.1 | 0.1 | N/A | 1.6 | 152.0% |
| United Arab Emirates | 35.9 | 27.5 | 20.9 | 0.8 | -71.9% |
| United States | 235 | 2.8 | 1.1 | N/A | -93.2% |
| Indonesia | 3.3 | 3.5 | 1.9 | N/A | -24.1% |
| Others | 0.7 | 1.6 | 1.0 | 1.9 | 39.5% |
| Total | 299 | 65.5 | 32.9 | 80.3 | -35.5% |
Top Suppliers of Non-Keyboard Electrical Musical Instruments to Pakistan in 2022:
- Denmark (2365.0 units)
- China (494.0 units)
- Malaysia (88.0 units)
- Germany (55.0 units)
- United Arab Emirates (3.0 units)
- United States (3.0 units)
Exports of Non-Keyboard Electrical Musical Instruments in Pakistan
Non-keyboard electrical musical instruments exports from Pakistan skyrocketed to 7.2K units in 2022, with an increase of 1,047% against the previous year's figure. Over the period under review, exports recorded significant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, non-keyboard electrical musical instruments exports skyrocketed to $155K in 2022. In general, exports enjoyed a significant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
| Export of Non-Keyboard Electrical Musical Instruments in Pakistan (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Arab Emirates | N/A | N/A | N/A | 63.9 | 0% |
| United Kingdom | 0.5 | 19.0 | N/A | 44.4 | 346.1% |
| Ireland | N/A | 4.8 | 20.9 | 38.7 | 183.9% |
| Kuwait | 0.4 | N/A | N/A | 5.8 | 143.8% |
| Switzerland | N/A | N/A | N/A | 1.0 | 0% |
| United States | 16.8 | 4.4 | 2.0 | N/A | -65.5% |
| Others | 6.2 | 4.9 | N/A | 0.8 | -49.5% |
| Total | 23.9 | 33.2 | 22.9 | 155 | 86.5% |
Top Export Markets for Non-Keyboard Electrical Musical Instruments from Pakistan in 2022:
- Kuwait (3.2K units)
- United Kingdom (2.7K units)
- Ireland (0.9K units)
- United Arab Emirates (0.2K units)
- Switzerland (0.2K units)
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This report provides an in-depth analysis of the electrical musical instrument market in Pakistan.
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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 Pakistan.
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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.
