Price for Keyboard Electrical Musical Instruments, Other than Accordions in Australia - 2024
Contents:
- Price for Keyboard Electrical Musical Instruments, Other than Accordions in Australia (CIF) - 2022
- Price for Keyboard Electrical Musical Instruments, Other than Accordions in Australia (FOB) - 2022
- Imports of Keyboard Electrical Musical Instruments, Other than Accordions in Australia
- Exports of Keyboard Electrical Musical Instruments, Other than Accordions in Australia
Price for Keyboard Electrical Musical Instruments, Other than Accordions in Australia (CIF) - 2022
The average import price for keyboard electrical musical instruments, other than accordionses stood at $266 per unit in 2022, growing by 37% against the previous year. In general, import price indicated a perceptible increase from 2012 to 2022: its price increased at an average annual rate of +3.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for keyboard electrical musical instruments, other than accordionses increased by +72.4% against 2020 indices. As a result, import price attained the peak level and is likely to continue growth in the immediate term.
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 Indonesia ($910 per unit), while the price for Vietnam ($123 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 (+5.5%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Keyboard Electrical Musical Instruments, Other than Accordions in Australia (FOB) - 2022
The average export price for keyboard electrical musical instruments, other than accordionses stood at $342 per unit in 2022, falling by -1.7% against the previous year. Over the period under review, the export price continues to indicate a pronounced reduction. The pace of growth appeared the most rapid in 2014 an increase of 61%. The export price peaked at $470 per unit in 2019; however, from 2020 to 2022, the export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($1,320 per unit), while the average price for exports to China ($155 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 New Zealand (+5.1%), while the prices for the other major destinations experienced a decline.
Imports of Keyboard Electrical Musical Instruments, Other than Accordions in Australia
In 2022, supplies from abroad of keyboard electrical musical instruments, other than accordionses decreased by -20.5% to 141K units, falling for the second consecutive year after two years of growth. Overall, imports recorded a slight decline. The growth pace was the most rapid in 2020 with an increase of 34% against the previous year. As a result, imports attained the peak of 199K units. From 2021 to 2022, the growth of imports of failed to regain momentum.
In value terms, imports of keyboard electrical musical instruments, other than accordionses expanded markedly to $38M in 2022. The total import value increased at an average annual rate of +10.2% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 with an increase of 12%. Over the period under review, imports of hit record highs in 2022 and are expected to retain growth in the near future.
| Import of Keyboard Electrical Musical Instruments, Other than Accordions in Australia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 12.6 | 16.7 | 16.1 | 13.1 | 1.3% |
| Indonesia | 7.2 | 6.0 | 8.0 | 11.7 | 17.6% |
| Malaysia | 4.1 | 3.6 | 4.7 | 6.5 | 16.6% |
| United States | 1.1 | 1.4 | 1.5 | 2.6 | 33.2% |
| India | N/A | N/A | 0.1 | 0.6 | 500.0% |
| Vietnam | 0.2 | 0.3 | 0.5 | 0.3 | 14.5% |
| Others | 2.9 | 2.8 | 3.6 | 2.6 | -3.6% |
| Total | 28.0 | 30.7 | 34.5 | 37.5 | 10.2% |
Top Suppliers of Keyboard Electrical Musical Instruments, Other than Accordions to Australia in 2022:
- China (104.3K units)
- Indonesia (12.9K units)
- Malaysia (10.8K units)
- India (4.6K units)
- United States (3.1K units)
- Vietnam (2.8K units)
Exports of Keyboard Electrical Musical Instruments, Other than Accordions in Australia
In 2022, approx. 1.7K units of keyboard electrical musical instruments, other than accordionses were exported from Australia; picking up by 43% compared with the previous year. In general, exports, however, recorded a deep setback. The most prominent rate of growth was recorded in 2021 with an increase of 71%. The exports peaked at 2.1K units in 2019; however, from 2020 to 2022, the exports failed to regain momentum.
In value terms, exports of keyboard electrical musical instruments, other than accordionses soared to $592K in 2022. Over the period under review, exports, however, recorded a abrupt decline. The growth pace was the most rapid in 2021 when exports increased by 46% against the previous year. The exports peaked at $1M in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.
| Export of Keyboard Electrical Musical Instruments, Other than Accordions in Australia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| New Zealand | 311 | 102 | 214 | 406 | 9.3% |
| Papua New Guinea | N/A | 11.8 | 3.0 | 69.1 | 142.0% |
| United States | 31.7 | 16.3 | 42.2 | 47.5 | 14.4% |
| Sweden | N/A | 22.3 | 9.9 | 11.4 | -28.5% |
| China | 621 | N/A | N/A | 2.5 | -84.1% |
| Indonesia | N/A | 84.4 | N/A | N/A | 0% |
| Others | 44.5 | 51.9 | 153 | 55.8 | 7.8% |
| Total | 1,008 | 289 | 421 | 592 | -16.3% |
Top Export Markets for Keyboard Electrical Musical Instruments, Other than Accordions from Australia in 2022:
- New Zealand (1444.0 units)
- Papua New Guinea (164.0 units)
- United States (36.0 units)
- Sweden (23.0 units)
- China (16.0 units)
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This report provides an in-depth analysis of the electrical musical instrument market in Australia.
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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 Australia.
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This report provides an in-depth analysis of the global electrical musical instrument market.
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Electrical Musical Instrument imports reached a peak of 360K units in 2021, but failed to regain momentum from 2022 to 2023. In terms of value, imports sharply declined to $70M in 2023.
273
From October 2022 to August 2023, the imports of Electrical Musical Instruments experienced a sluggish growth, failing to regain momentum. In terms of value, these imports saw a modest contraction, amounting to $6.1M in August 2023.
201
Discover the top import markets for electrical musical instruments in 2023. Learn about the key countries driving the global trade of musical instruments.
166
Electrical Musical Instrument imports reached a peak of 360K units in 2021, but failed to regain momentum from 2022 to 2023. In terms of value, imports sharply declined to $70M in 2023.
273
From October 2022 to August 2023, the imports of Electrical Musical Instruments experienced a sluggish growth, failing to regain momentum. In terms of value, these imports saw a modest contraction, amounting to $6.1M in August 2023.
201
Discover the top import markets for electrical musical instruments in 2023. Learn about the key countries driving the global trade of musical instruments.
