Price for Keyboard Electrical Musical Instruments, Other than Accordions in Brazil - 2024

Contents:

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

Price for Keyboard Electrical Musical Instruments, Other than Accordions in Brazil (CIF) - 2022

In 2022, the average import price for keyboard electrical musical instruments, other than accordionses amounted to $110 per unit, growing by 22% against the previous year. Overall, the import price, however, saw a relatively flat trend pattern. The import price peaked at $135 per unit in 2014; however, from 2015 to 2022, import prices stood at a somewhat 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 Indonesia ($690 per unit), while the price for Taiwan (Chinese) ($49 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Indonesia (+0.4%), while the prices for the other major suppliers experienced a decline.

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

In 2022, the average export price for keyboard electrical musical instruments, other than accordionses amounted to $1,359 per unit, growing by 5.8% against the previous year. Over the period under review, the export price showed a significant expansion. The pace of growth was the most pronounced in 2017 when the average export price increased by 276% against the previous year. Over the period under review, the average export prices reached the peak figure in 2022 and is expected to retain growth in the immediate term.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Uruguay ($2,320 per unit), while the average price for exports to Marshall Islands ($37 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 the United States (+47.3%), while the prices for the other major destinations experienced mixed trend patterns.

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

In 2022, after three years of growth, there was significant decline in purchases abroad of keyboard electrical musical instruments, other than accordionses, when their volume decreased by -11.3% to 196K units. The total import volume increased at an average annual rate of +4.7% from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations in certain years. The pace of growth was the most pronounced in 2021 with an increase of 16%. As a result, imports attained the peak of 221K units, and then dropped in the following year.

In value terms, imports of keyboard electrical musical instruments, other than accordionses rose sharply to $22M in 2022. The total import value increased at an average annual rate of +7.2% from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2021 with an increase of 37%. Imports peaked in 2022 and are expected to retain growth in the near future.

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

1. China (173.6K units)
2. India (5.7K units)
3. Indonesia (5.1K units)
4. Taiwan (Chinese) (4.8K units)
5. Hong Kong SAR (3.4K units)

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

Exports of keyboard electrical musical instruments, other than accordionses from Brazil surged to 47 units in 2022, rising by 24% compared with the year before. Overall, exports enjoyed significant growth. The most prominent rate of growth was recorded in 2021 with an increase of 52%. Over the period under review, the exports of attained the peak figure in 2022 and are expected to retain growth in years to come.

In value terms, exports of keyboard electrical musical instruments, other than accordionses surged to $64K in 2022. In general, exports saw significant growth. The growth pace was the most rapid in 2020 with an increase of 122%. Over the period under review, the exports of hit record highs in 2022 and are likely to continue growth in the near future.

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

1. United States (38.0 units)
2. Uruguay (2.0 units)
3. Marshall Islands (2.0 units)
4. Italy (2.0 units)
5. Angola (1.0 units)
6. Chile (1.0 units)
7. Paraguay (1.0 units)

Source: IndexBox Market Intelligence Platform