Price for Non-Keyboard Electrical Musical Instruments in the Dominican Republic - 2023
Contents:
- Price for Non-Keyboard Electrical Musical Instruments in the Dominican Republic (CIF) - 2022
- Imports of Non-Keyboard Electrical Musical Instruments in the Dominican Republic
Price for Non-Keyboard Electrical Musical Instruments in the Dominican Republic (CIF) - 2022
In 2022, the average non-keyboard electrical musical instruments import price amounted to $134 per unit, rising by 25% against the previous year. Over the period under review, the import price, however, saw a noticeable shrinkage. The most prominent rate of growth was recorded in 2014 when the average import price increased by 78%. As a result, import price reached the peak level of $299 per unit. From 2015 to 2022, the average import prices remained at a lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($583 per unit), while the price for China amounted to $102 per unit.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+12.7%), while the prices for the other major suppliers experienced mixed trend patterns.
Imports of Non-Keyboard Electrical Musical Instruments in the Dominican Republic
In 2022, approx. 458 units of non-keyboard electrical musical instrumentses were imported into the Dominican Republic; dropping by -1.7% against the previous year. Overall, imports, however, showed a significant increase. The pace of growth was the most pronounced in 2021 when imports increased by 497%. As a result, imports reached the peak of 466 units, and then contracted modestly in the following year.
In value terms, non-keyboard electrical musical instruments imports skyrocketed to $62K in 2022. In general, imports, however, enjoyed a significant increase. The most prominent rate of growth was recorded in 2021 with an increase of 282%. Imports peaked in 2022 and are expected to retain growth in the near future.
| Import of Non-Keyboard Electrical Musical Instruments in the Dominican Republic (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 18.5 | 8.3 | 48.6 | 43.8 | 33.3% |
| United States | 5.1 | 1.6 | 1.3 | 11.7 | 31.9% |
| Others | 0.6 | 3.2 | 0.4 | 6.0 | 115.4% |
| Total | 24.1 | 13.2 | 50.3 | 61.5 | 36.7% |
Top Suppliers of Non-Keyboard Electrical Musical Instruments to the Dominican Republic in 2022:
- China (431.0 units)
- United States (20.0 units)
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This report provides an in-depth analysis of the electrical musical instrument market in the Dominican Republic.
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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 Dominican Republic.
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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.
