Price for Non-Keyboard Electrical Musical Instruments in Paraguay - 2024
Contents:
- Price for Non-Keyboard Electrical Musical Instruments in Paraguay (CIF) - 2022
- Imports of Non-Keyboard Electrical Musical Instruments in Paraguay
Price for Non-Keyboard Electrical Musical Instruments in Paraguay (CIF) - 2022
The average non-keyboard electrical musical instruments import price stood at $430 per unit in 2022, surging by 9.7% against the previous year. In general, import price indicated a resilient expansion from 2012 to 2022: its price increased at an average annual rate of +5.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, non-keyboard electrical musical instruments import price increased by +71.3% against 2015 indices. The growth pace was the most rapid in 2018 an increase of 22% against the previous year. Over the period under review, average import prices attained the maximum 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 Chile ($978 per unit), while the price for China ($380 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Chile (+12.2%), while the prices for the other major suppliers experienced more modest paces of growth.
Imports of Non-Keyboard Electrical Musical Instruments in Paraguay
In 2022, purchases abroad of non-keyboard electrical musical instrumentses increased by 95% to 2.3K units for the first time since 2019, thus ending a two-year declining trend. Overall, imports, however, saw a deep setback. Over the period under review, imports reached the peak figure at 3.2K units in 2019; however, from 2020 to 2022, imports remained at a lower figure.
In value terms, non-keyboard electrical musical instruments imports skyrocketed to $998K in 2022. In general, imports saw a relatively flat trend pattern. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Non-Keyboard Electrical Musical Instruments in Paraguay (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 453 | 189 | 126 | 309 | -12.0% |
| China | 244 | 108 | 196 | 261 | 2.3% |
| Chile | 162 | 88.4 | 73.2 | 190 | 5.5% |
| Indonesia | 68.2 | 87.2 | 38.5 | 185 | 39.5% |
| Hong Kong SAR | N/A | N/A | N/A | 18.9 | 0% |
| Canada | 18.3 | 7.3 | 6.4 | 9.9 | -18.5% |
| Argentina | 16.6 | 12.0 | 9.1 | 5.2 | -32.1% |
| Others | 9.3 | 14.9 | 16.1 | 19.4 | 27.8% |
| Total | 971 | 506 | 466 | 998 | 0.9% |
Top Suppliers of Non-Keyboard Electrical Musical Instruments to Paraguay in 2022:
- United States (812.0 units)
- China (686.0 units)
- Indonesia (487.0 units)
- Chile (194.0 units)
- Hong Kong SAR (49.0 units)
- Canada (26.0 units)
- Argentina (13.0 units)
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This report provides an in-depth analysis of the electrical musical instrument market in Paraguay.
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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 Paraguay.
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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.
