Price for Keyboard Electrical Musical Instruments, Other than Accordions in Argentina - 2023

Contents:

1. Price for Keyboard Electrical Musical Instruments, Other than Accordions in Argentina (CIF) - 2023
2. Price for Keyboard Electrical Musical Instruments, Other than Accordions in Argentina (FOB) - 2022
3. Imports of Keyboard Electrical Musical Instruments, Other than Accordions in Argentina
4. Exports of Keyboard Electrical Musical Instruments, Other than Accordions in Argentina

Price for Keyboard Electrical Musical Instruments, Other than Accordions in Argentina (CIF) - 2023

In June 2023, the average import price for keyboard electrical musical instruments, other than accordionses amounted to $80.5 per unit, shrinking by -35.1% against the previous month. Over the period under review, the import price, however, enjoyed a prominent increase. The most prominent rate of growth was recorded in January 2023 when the average import price increased by 1,210% against the previous month. As a result, import price reached the peak level of $359 per unit. From February 2023 to June 2023, the average import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In June 2023, the country with the highest price was India ($162 per unit), while the price for China totaled $61.7 per unit.

From December 2022 to June 2023, the most notable rate of growth in terms of prices was attained by China (+14.5%).

Price for Keyboard Electrical Musical Instruments, Other than Accordions in Argentina (FOB) - 2022

The average export price for keyboard electrical musical instruments, other than accordionses stood at $342 per unit in 2022, increasing by 50% against the previous year. Overall, the export price, however, recorded a abrupt shrinkage. The most prominent rate of growth was recorded in 2014 when the average export price increased by 673% against the previous year. As a result, the export price reached the peak level of $2,254 per unit. From 2015 to 2022, the average export prices failed to regain momentum.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Paraguay ($536 per unit), while the average price for exports to Singapore ($52 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 Germany (+101.6%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Keyboard Electrical Musical Instruments, Other than Accordions in Argentina

After three years of growth, supplies from abroad of keyboard electrical musical instruments, other than accordionses decreased by -5.1% to 91K units in 2022. In general, total imports indicated resilient growth from 2019 to 2022: its volume increased at an average annual rate of +16.7% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2020 when imports increased by 63%. Imports peaked at 96K units in 2021, and then dropped in the following year.

In value terms, imports of keyboard electrical musical instruments, other than accordionses shrank remarkably to $7M in 2022. Over the period under review, imports, however, enjoyed a significant increase. The pace of growth was the most pronounced in 2020 with an increase of 99% against the previous year. Over the period under review, imports of reached the maximum at $8.5M in 2021, and then shrank dramatically in the following year.

Top Suppliers of Keyboard Electrical Musical Instruments, Other than Accordions to Argentina in 2022:

1. China (86.8K units)
2. Taiwan (Chinese) (1.0K units)

Exports of Keyboard Electrical Musical Instruments, Other than Accordions in Argentina

In 2022, exports of keyboard electrical musical instruments, other than accordionses from Argentina surged to 127 units, rising by 195% on the previous year. Over the period under review, exports, however, recorded a dramatic downturn. The growth pace was the most rapid in 2021 when exports increased by 291% against the previous year. The exports peaked at 452 units in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

In value terms, exports of keyboard electrical musical instruments, other than accordionses soared to $43K in 2022. In general, exports, however, recorded a dramatic decrease. Over the period under review, the exports of reached the maximum at $184K in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

Top Export Markets for Keyboard Electrical Musical Instruments, Other than Accordions from Argentina in 2022:

1. Germany (56.0 units)
2. Paraguay (22.0 units)
3. Singapore (12.0 units)
4. Chile (8.0 units)
5. Spain (8.0 units)
6. Guatemala (5.0 units)
7. Netherlands (4.0 units)

Source: IndexBox Market Intelligence Platform