Thailand - Keyboard Stringed Instruments - Market Analysis, Forecast, Size, Trends And Insights
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View PricingKeyboard Stringed Instrument Price in Thailand - 2023
Contents:
- Keyboard Stringed Instrument Price in Thailand (CIF) - 2022
- Keyboard Stringed Instrument Price in Thailand (FOB) - 2022
- Keyboard Stringed Instrument Imports in Thailand
- Keyboard Stringed Instrument Exports in Thailand
Keyboard Stringed Instrument Price in Thailand (CIF) - 2022
In 2022, the average keyboard stringed instrument import price amounted to $221 per unit, falling by -9.7% against the previous year. In general, the import price saw a drastic downturn. The most prominent rate of growth was recorded in 2013 when the average import price increased by 12%. Over the period under review, average import prices hit record highs at $879 per unit in 2017; however, from 2018 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 the Czech Republic ($722 per unit), while the price for Belgium ($118 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Belgium (-1.2%), while the prices for the other major suppliers experienced a decline.
Keyboard Stringed Instrument Price in Thailand (FOB) - 2022
The average keyboard stringed instrument export price stood at $507 per unit in 2022, with a decrease of -6.2% against the previous year. Over the period under review, the export price continues to indicate a deep reduction. The pace of growth appeared the most rapid in 2018 an increase of 43%. The export price peaked at $2,605 per unit in 2014; however, from 2015 to 2022, the export prices stood at a somewhat lower figure.
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 China ($1,742 per unit), while the average price for exports to Fiji ($77 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 Vietnam (+20.4%), while the prices for the other major destinations experienced more modest paces of growth.
Keyboard Stringed Instrument Imports in Thailand
In 2022, imports of keyboard stringed instruments into Thailand surged to 3.5K units, growing by 45% on the year before. Over the period under review, imports continue to indicate a significant expansion. The pace of growth was the most pronounced in 2021 when imports increased by 95%. Imports peaked in 2022 and are expected to retain growth in years to come.
In value terms, keyboard stringed instrument imports soared to $771K in 2022. In general, imports recorded a significant increase. The growth pace was the most rapid in 2021 when imports increased by 43% against the previous year. Imports peaked in 2022 and are likely to see gradual growth in years to come.
Import of Keyboard Stringed Instrument in Thailand (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Japan | 217 | 214 | 215 | 273 | 8.0% |
China | 48.1 | 87.0 | 138 | 191 | 58.4% |
United States | 9.7 | 15.1 | 20.7 | 132 | 138.7% |
Czech Republic | N/A | N/A | N/A | 84.4 | 0% |
South Korea | 43.3 | 11.3 | 35.4 | 35.5 | -6.4% |
Others | 117 | 83.9 | 180 | 55.4 | -22.1% |
Total | 435 | 411 | 588 | 771 | 21.0% |
Top Suppliers of Keyboard Stringed Instrument to Thailand in 2022:
- Japan (2204.0 units)
- China (486.0 units)
- United States (388.0 units)
- Czech Republic (117.0 units)
- South Korea (116.0 units)
Keyboard Stringed Instrument Exports in Thailand
Keyboard stringed instrument exports from Thailand soared to 296 units in 2022, jumping by 101% against 2021. In general, exports continue to indicate a significant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, keyboard stringed instrument exports skyrocketed to $150K in 2022. Overall, exports recorded strong growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
Export of Keyboard Stringed Instrument in Thailand (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Japan | 26.4 | 25.7 | 19.8 | 31.1 | 5.6% |
United States | 4.6 | 6.6 | 9.2 | 21.2 | 66.4% |
South Korea | 3.7 | 5.0 | 9.3 | 15.7 | 61.9% |
Hong Kong SAR | 13.5 | 2.9 | 1.5 | 14.4 | 2.2% |
China | 0.4 | 1.3 | 1.7 | 12.2 | 212.4% |
United Kingdom | 2.7 | 0.8 | 3.0 | 7.6 | 41.2% |
Australia | 11.3 | 0.5 | 0.3 | 6.0 | -19.0% |
Philippines | 0.2 | 0.5 | 3.6 | 3.6 | 162.1% |
Malaysia | 0.3 | N/A | 0.3 | 3.1 | 117.8% |
India | 0.6 | N/A | 1.4 | 2.5 | 60.9% |
Vietnam | 0.2 | 2.8 | 0.4 | 2.5 | 132.1% |
Sweden | 0.2 | N/A | 0.3 | 1.2 | 81.7% |
Fiji | N/A | N/A | N/A | 0.5 | 0% |
Others | 24.9 | 23.9 | 28.4 | 28.5 | 4.6% |
Total | 89.1 | 70.0 | 79.4 | 150 | 19.0% |
Top Export Markets for Keyboard Stringed Instrument from Thailand in 2022:
- South Korea (50.0 units)
- United States (39.0 units)
- Japan (38.0 units)
- Australia (23.0 units)
- United Kingdom (16.0 units)
- Hong Kong SAR (14.0 units)
- Malaysia (8.0 units)
- India (7.0 units)
- Vietnam (7.0 units)
- China (7.0 units)
- Fiji (7.0 units)
- Philippines (6.0 units)
- Sweden (6.0 units)
This report provides an in-depth analysis of the keyboard stringed instrument market in Thailand. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 32201150 - Keyboard stringed instruments (including harpsichords, s pinets and clavichords)
Country coverage:
- Thailand
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Thailand
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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