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

Contents:

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

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

In December 2023, the average import price for keyboard electrical musical instruments, other than accordionses amounted to $382 per unit, rising by 12% against the previous month. Over the period under review, the import price, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in July 2023 when the average import price increased by 56% against the previous month. As a result, import price attained the peak level of $618 per unit. From August 2023 to December 2023, the average import prices remained at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In December 2023, the country with the highest price was Japan ($1,557 per unit), while the price for China ($257 per unit) was amongst the lowest.

From December 2022 to December 2023, the most notable rate of growth in terms of prices was attained by Japan (+4.5%), while the prices for the other major suppliers experienced more modest paces of growth.

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

In 2022, the average export price for keyboard electrical musical instruments, other than accordionses amounted to $703 per unit, with a decrease of -11.4% against the previous year. In general, the export price, however, showed a notable expansion. The pace of growth was the most pronounced in 2021 when the average export price increased by 67% against the previous year. As a result, the export price reached the peak level of $794 per unit, and then fell in the following year.

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 the United States ($2,919 per unit), while the average price for exports to the UK ($583 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 Canada (+22.6%), while the prices for the other major destinations experienced more modest paces of growth.

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

In 2022, supplies from abroad of keyboard electrical musical instruments, other than accordionses decreased by -11.1% to 8.7K units, falling for the second consecutive year after two years of growth. Overall, imports saw a perceptible shrinkage. The growth pace was the most rapid in 2020 when imports increased by 11% against the previous year. As a result, imports attained the peak of 10K units. From 2021 to 2022, the growth of imports of remained at a lower figure.

In value terms, imports of keyboard electrical musical instruments, other than accordionses dropped rapidly to $4.4M in 2022. In general, total imports indicated a pronounced expansion from 2019 to 2022: its value increased at an average annual rate of +2.9% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by -31.2% against 2020 indices. The growth pace was the most rapid in 2020 with an increase of 58%. As a result, imports reached the peak of $6.4M. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.

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

1. Germany (3.9K units)
2. China (2.7K units)
3. Belgium (0.8K units)
4. Netherlands (0.3K units)
5. Indonesia (0.3K units)
6. Japan (0.3K units)
7. United Kingdom (0.2K units)

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

In 2022, the amount of keyboard electrical musical instruments, other than accordionses exported from Ireland soared to 276 units, with an increase of 237% on 2021 figures. Over the period under review, exports recorded a significant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, exports of keyboard electrical musical instruments, other than accordionses surged to $194K in 2022. In general, exports showed a significant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

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

1. United Kingdom (232.0 units)
2. United States (5.0 units)
3. Slovakia (4.0 units)

Source: IndexBox Market Intelligence Platform