Price for Non-Keyboard Electrical Musical Instruments in Russia - 2022
Contents:
- Price for Non-Keyboard Electrical Musical Instruments in Russia (CIF) - 2022
- Price for Non-Keyboard Electrical Musical Instruments in Russia (FOB) - 2022
- Imports of Non-Keyboard Electrical Musical Instruments in Russia
- Exports of Non-Keyboard Electrical Musical Instruments in Russia
Price for Non-Keyboard Electrical Musical Instruments in Russia (CIF) - 2022
The average non-keyboard electrical musical instruments import price stood at $94 per unit in 2022, waning by -30.8% against the previous year. Overall, the import price saw a noticeable decline. The most prominent rate of growth was recorded in 2016 when the average import price increased by 19%. The import price peaked at $160 per unit in 2019; however, from 2020 to 2022, import prices remained at a lower figure.
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 Malaysia ($364 per unit), while the price for China ($62 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Malaysia (+11.2%), while the prices for the other major suppliers experienced a decline.
Price for Non-Keyboard Electrical Musical Instruments in Russia (FOB) - 2022
In 2022, the average non-keyboard electrical musical instruments export price amounted to $309 per unit, surging by 33% against the previous year. Overall, the export price enjoyed a resilient increase. The most prominent rate of growth was recorded in 2013 an increase of 120% against the previous year. Over the period under review, the average export prices attained the peak figure in 2022 and is expected to retain growth in the immediate term.
There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Belarus ($398 per unit), while the average price for exports to Ukraine ($136 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 Kazakhstan (+12.6%), while the prices for the other major destinations experienced mixed trend patterns.
Imports of Non-Keyboard Electrical Musical Instruments in Russia
For the fourth year in a row, Russia recorded growth in supplies from abroad of non-keyboard electrical musical instrumentses, which increased by 89% to 185K units in 2022. Over the period under review, imports recorded significant growth. 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 surged to $17M in 2022. Overall, imports recorded a significant increase. The pace of growth appeared the most rapid in 2021 when imports increased by 47% against the previous year. Imports peaked in 2022 and are expected to retain growth in the near future.
| Import of Non-Keyboard Electrical Musical Instruments in Russia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Indonesia | 1.9 | 2.7 | 3.5 | 6.8 | 53.0% |
| China | 2.3 | 3.2 | 5.3 | 5.9 | 36.9% |
| Malaysia | 0.9 | 1.2 | 1.5 | 2.3 | 36.7% |
| Japan | 0.2 | 0.4 | 0.5 | 1.2 | 81.7% |
| Kyrgyzstan | N/A | N/A | N/A | N/A | 0% |
| Others | 1.8 | 1.6 | 2.5 | 1.2 | -12.6% |
| Total | 7.1 | 9.1 | 13.3 | 17.5 | 35.1% |
Top Suppliers of Non-Keyboard Electrical Musical Instruments to Russia in 2022:
- China (95.6K units)
- Indonesia (66.3K units)
- Japan (14.6K units)
- Malaysia (6.3K units)
Exports of Non-Keyboard Electrical Musical Instruments in Russia
In 2022, shipments abroad of non-keyboard electrical musical instrumentses decreased by -67.6% to 1.9K units, falling for the second year in a row after two years of growth. Overall, exports, however, saw a tangible expansion. The growth pace was the most rapid in 2020 when exports increased by 439%. As a result, the exports attained the peak of 9K units. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.
In value terms, non-keyboard electrical musical instruments exports contracted rapidly to $575K in 2022. Over the period under review, exports, however, recorded buoyant growth. The pace of growth appeared the most rapid in 2020 with an increase of 303% against the previous year. As a result, the exports attained the peak of $1.4M. From 2021 to 2022, the growth of the exports remained at a lower figure.
| Export of Non-Keyboard Electrical Musical Instruments in Russia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Belarus | 164 | 263 | 353 | 346 | 28.3% |
| Kazakhstan | 165 | 1,079 | 864 | 171 | 1.2% |
| Ukraine | 2.4 | 4.1 | 22.1 | 20.1 | 103.1% |
| Others | 3.9 | 8.8 | 98.4 | 37.3 | 112.3% |
| Total | 336 | 1,354 | 1,337 | 575 | 19.6% |
Top Export Markets for Non-Keyboard Electrical Musical Instruments from Russia in 2022:
- Belarus (870.0 units)
- Kazakhstan (831.0 units)
- Ukraine (148.0 units)
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This report provides an in-depth analysis of the electrical musical instrument market in the Russian Federation.
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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 the Russian Federation.
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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.
