Price for Non-Keyboard Electrical Musical Instruments in Uruguay - 2022

Price for Non-Keyboard Electrical Musical Instruments in Uruguay (CIF) - 2022

In 2022, the average non-keyboard electrical musical instruments import price amounted to $109 per unit, with a decrease of -14.2% against the previous year. Over the period under review, the import price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2015 an increase of 24% against the previous year. Over the period under review, average import prices reached the peak figure at $143 per unit in 2018; however, from 2019 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($616 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 the United States (+9.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Non-Keyboard Electrical Musical Instruments in Uruguay (FOB) - 2022

In 2022, the average non-keyboard electrical musical instruments export price amounted to $118 per unit, growing by 21% against the previous year. Overall, the export price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 an increase of 105% against the previous year. The export price peaked at $306 per unit in 2017; however, from 2018 to 2022, the export prices remained at a lower figure.

As there is only one major export destination, the average price level is determined by prices for Chile.

From 2012 to 2022, the rate of growth in terms of prices for Chile amounted to +0.7% per year.

Imports of Non-Keyboard Electrical Musical Instruments in Uruguay

In 2022, the amount of non-keyboard electrical musical instrumentses imported into Uruguay surged to 7.2K units, jumping by 111% compared with the year before. Over the period under review, imports continue to indicate a significant expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, non-keyboard electrical musical instruments imports soared to $792K in 2022. In general, imports continue to indicate a significant increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Import of Non-Keyboard Electrical Musical Instruments in Uruguay (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
China	224	160	123	326	13.3%
Indonesia	25.2	81.9	73.2	201	99.8%
United States	58.5	57.8	52.1	166	41.6%
Argentina	23.0	22.2	19.4	21.9	-1.6%
Others	70.2	63.1	170	77.2	3.2%
Total	401	385	437	792	25.5%

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

China (5.3K units)
Indonesia (1.2K units)
United States (0.3K units)
Argentina (0.3K units)

Exports of Non-Keyboard Electrical Musical Instruments in Uruguay

In 2022, the amount of non-keyboard electrical musical instrumentses exported from Uruguay soared to 272 units, increasing by 3,786% on the previous year. In general, exports showed significant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, non-keyboard electrical musical instruments exports surged to $32K in 2022. Overall, exports continue to indicate a significant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.