Price for Non-Keyboard Electrical Musical Instruments in the Netherlands - 2023

Contents:

  1. Price for Non-Keyboard Electrical Musical Instruments in the Netherlands (FOB) - 2023
  2. Price for Non-Keyboard Electrical Musical Instruments in the Netherlands (CIF) - 2023
  3. Exports of Non-Keyboard Electrical Musical Instruments in the Netherlands
  4. Imports of Non-Keyboard Electrical Musical Instruments in the Netherlands

Price for Non-Keyboard Electrical Musical Instruments in the Netherlands (FOB) - 2023

The average non-keyboard electrical musical instruments export price stood at $408 per unit in August 2023, reducing by -22.7% against the previous month. Over the period under review, the export price continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in October 2022 an increase of 40% against the previous month. As a result, the export price attained the peak level of $633 per unit. From November 2022 to August 2023, the the average export prices failed to regain momentum.

Prices varied noticeably by the country of destination: the country with the highest price was Italy ($1,100 per unit), while the average price for exports to Germany ($248 per unit) was amongst the lowest.

From August 2022 to August 2023, the most notable rate of growth in terms of prices was recorded for supplies to Italy (+6.3%), while the prices for the other major destinations experienced more modest paces of growth.

Price for Non-Keyboard Electrical Musical Instruments in the Netherlands (CIF) - 2023

In August 2023, the average non-keyboard electrical musical instruments import price amounted to $387 per unit, dropping by -11.1% against the previous month. Over the period under review, the import price continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in November 2022 an increase of 26% m-o-m. The import price peaked at $489 per unit in March 2023; however, from April 2023 to August 2023, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In August 2023, the country with the highest price was the United States ($1,403 per unit), while the price for China ($161 per unit) was amongst the lowest.

From August 2022 to August 2023, the most notable rate of growth in terms of prices was attained by Japan (+6.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Exports of Non-Keyboard Electrical Musical Instruments in the Netherlands

For the fourth year in a row, the Netherlands recorded growth in overseas shipments of non-keyboard electrical musical instrumentses, which increased by 15% to 873K units in 2022. Over the period under review, exports recorded a significant increase. The growth pace was the most rapid in 2020 when exports increased by 284%. Over the period under review, the exports attained the peak figure in 2022 and are likely to see gradual growth in the near future.

In value terms, non-keyboard electrical musical instruments exports reached $197M in 2022. In general, exports enjoyed a significant increase. The pace of growth was the most pronounced in 2020 when exports increased by 170%. Over the period under review, the exports attained the peak figure in 2022 and are expected to retain growth in the immediate term.

Export of Non-Keyboard Electrical Musical Instruments in the Netherlands (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany25.766.866.073.541.9%
France8.917.319.123.738.6%
United Kingdom16.048.223.923.313.3%
Italy3.914.120.522.178.3%
Spain1.97.510.714.295.5%
Belgium5.69.811.29.318.4%
Sweden0.52.97.37.5146.6%
Turkey0.41.31.72.789.0%
Poland0.21.63.92.4128.9%
Slovakia0.41.94.42.173.8%
Czech Republic0.31.53.51.881.7%
Ireland0.11.13.01.8162.1%
Others5.914.219.512.428.1%
Total69.518819519741.5%

Top Export Markets for Non-Keyboard Electrical Musical Instruments from the Netherlands in 2022:

  1. Germany (330.1K units)
  2. France (103.3K units)
  3. Italy (84.7K units)
  4. Spain (66.0K units)
  5. United Kingdom (63.2K units)
  6. Sweden (47.5K units)
  7. Belgium (39.2K units)
  8. Poland (18.6K units)
  9. Czech Republic (15.7K units)
  10. Slovakia (15.2K units)
  11. Ireland (14.4K units)
  12. Turkey (13.7K units)

Imports of Non-Keyboard Electrical Musical Instruments in the Netherlands

In 2022, after three years of growth, there was significant decline in purchases abroad of non-keyboard electrical musical instrumentses, when their volume decreased by -23.9% to 749K units. In general, imports, however, recorded a significant increase. The most prominent rate of growth was recorded in 2020 with an increase of 519% against the previous year. Over the period under review, imports attained the maximum at 984K units in 2021, and then declined notably in the following year.

In value terms, non-keyboard electrical musical instruments imports dropped to $164M in 2022. Over the period under review, imports, however, recorded significant growth. The pace of growth appeared the most rapid in 2020 when imports increased by 258% against the previous year. Imports peaked at $191M in 2021, and then declined in the following year.

Import of Non-Keyboard Electrical Musical Instruments in the Netherlands (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States25.360.764.361.434.4%
China12.135.941.435.943.7%
Indonesia3.831.932.328.495.5%
MexicoN/A26.430.823.9-4.9%
Japan2.65.44.24.822.7%
Others6.419.718.110.016.0%
Total50.218019116448.4%

Top Suppliers of Non-Keyboard Electrical Musical Instruments to the Netherlands in 2022:

  1. China (317.9K units)
  2. Indonesia (217.2K units)
  3. United States (101.7K units)
  4. Mexico (59.1K units)
  5. Japan (19.1K units)

Source: IndexBox Market Intelligence Platform

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Free Data: Musical instruments; (other than keyboard), the sound of which is produced or must be amplified electrically - Netherlands