Price for Non-Keyboard Electrical Musical Instruments in Peru - 2021
Contents:
- Price for Non-Keyboard Electrical Musical Instruments in Peru (CIF) - 2022
- Price for Non-Keyboard Electrical Musical Instruments in Peru (FOB) - 2022
- Imports of Non-Keyboard Electrical Musical Instruments in Peru
- Exports of Non-Keyboard Electrical Musical Instruments in Peru
Price for Non-Keyboard Electrical Musical Instruments in Peru (CIF) - 2022
In 2022, the average non-keyboard electrical musical instruments import price amounted to $139 per unit, almost unchanged from the previous year. In general, the import price showed a resilient increase. The pace of growth was the most pronounced in 2016 when the average import price increased by 48%. The import price peaked at $169 per unit in 2019; however, from 2020 to 2022, import prices failed to regain momentum.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the United States ($677 per unit), while the price for Vietnam ($88 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 (+9.6%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Non-Keyboard Electrical Musical Instruments in Peru (FOB) - 2022
The average non-keyboard electrical musical instruments export price stood at $148 per unit in 2022, surging by 119% against the previous year. Overall, the export price, however, continues to indicate a pronounced decline. The export price peaked at $281 per unit in 2018; however, from 2019 to 2022, the export prices remained at a lower figure.
There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was France ($450 per unit), while the average price for exports to Panama ($25 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 Canada (+28.4%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Non-Keyboard Electrical Musical Instruments in Peru
In 2022, approx. 35K units of non-keyboard electrical musical instrumentses were imported into Peru; increasing by 99% on the previous year. Overall, imports enjoyed a significant expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, non-keyboard electrical musical instruments imports skyrocketed to $4.9M in 2022. Over the period under review, imports posted significant growth. 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 Peru (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 1,048 | 1,149 | 1,059 | 2,933 | 40.9% |
| Indonesia | 270 | 391 | 374 | 1,058 | 57.7% |
| United States | 207 | 291 | 236 | 379 | 22.3% |
| Vietnam | 26.6 | 14.7 | 1.8 | 67.0 | 36.1% |
| Others | 429 | 1,037 | 744 | 422 | -0.5% |
| Total | 1,980 | 2,883 | 2,415 | 4,859 | 34.9% |
Top Suppliers of Non-Keyboard Electrical Musical Instruments to Peru in 2022:
- China (27.9K units)
- Indonesia (4.5K units)
- Vietnam (0.8K units)
- United States (0.6K units)
Exports of Non-Keyboard Electrical Musical Instruments in Peru
After three years of growth, overseas shipments of non-keyboard electrical musical instrumentses decreased by -96.4% to 51 units in 2022. In general, exports continue to indicate a significant decrease. The pace of growth appeared the most rapid in 2021 with an increase of 542% against the previous year. As a result, the exports attained the peak of 1.4K units, and then reduced remarkably in the following year.
In value terms, non-keyboard electrical musical instruments exports dropped notably to $7.5K in 2022. Over the period under review, exports continue to indicate a deep downturn. The pace of growth appeared the most rapid in 2021 with an increase of 418% against the previous year. As a result, the exports reached the peak of $95K, and then contracted rapidly in the following year.
| Export of Non-Keyboard Electrical Musical Instruments in Peru (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Ecuador | N/A | N/A | N/A | 4.5 | 0% |
| Chile | 1.4 | 3.8 | 9.3 | 2.0 | 12.6% |
| France | 0.1 | 0.2 | 0.9 | 0.5 | 71.0% |
| United States | 3.9 | 3.7 | 4.4 | 0.3 | -57.5% |
| Venezuela | N/A | 0.1 | 0.3 | 0.3 | 73.2% |
| China | 4.0 | 6.6 | 27.3 | N/A | 161.2% |
| Panama | N/A | N/A | 0.4 | N/A | 0% |
| Others | 0.9 | 4.0 | 52.9 | N/A | 666.7% |
| Total | 10.3 | 18.4 | 95.5 | 7.5 | -10.0% |
Top Export Markets for Non-Keyboard Electrical Musical Instruments from Peru in 2022:
- Chile (25.0 units)
- Ecuador (15.0 units)
- United States (8.0 units)
- Panama (1.0 units)
- France (1.0 units)
- Venezuela (1.0 units)
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This report provides an in-depth analysis of the electrical musical instrument market in Peru.
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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 Peru.
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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.
