Price for Keyboard Electrical Musical Instruments, Other than Accordions in Japan - 2023
Contents:
- Price for Keyboard Electrical Musical Instruments, Other than Accordions in Japan (CIF) - 2022
- Price for Keyboard Electrical Musical Instruments, Other than Accordions in Japan (FOB) - 2022
- Imports of Keyboard Electrical Musical Instruments, Other than Accordions in Japan
- Exports of Keyboard Electrical Musical Instruments, Other than Accordions in Japan
Price for Keyboard Electrical Musical Instruments, Other than Accordions in Japan (CIF) - 2022
The average import price for keyboard electrical musical instruments, other than accordionses stood at $509 per unit in 2022, surging by 7.3% against the previous year. Over the period under review, the import price, however, recorded a noticeable descent. The pace of growth was the most pronounced in 2018 an increase of 16%. The import price peaked at $659 per unit in 2013; however, from 2014 to 2022, import prices failed to regain momentum.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Malaysia ($509 per unit), while the price for China ($509 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Indonesia (-2.5%), while the prices for the other major suppliers experienced a decline.
Price for Keyboard Electrical Musical Instruments, Other than Accordions in Japan (FOB) - 2022
The average export price for keyboard electrical musical instruments, other than accordionses stood at $667 per unit in 2022, with a decrease of -2.4% against the previous year. Over the period under review, the export price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 when the average export price increased by 21% against the previous year. As a result, the export price attained the peak level of $693 per unit. From 2019 to 2022, the average export prices remained at a lower figure.
Average prices varied noticeably for the major overseas markets. In 2022, amid the top suppliers, the highest price was recorded for prices to Belgium ($668 per unit) and Canada ($668 per unit), while the average price for exports to Latvia ($667 per unit) and South Korea ($667 per unit) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Malaysia (-0.1%), while the prices for the other major destinations experienced a decline.
Imports of Keyboard Electrical Musical Instruments, Other than Accordions in Japan
In 2022, the amount of keyboard electrical musical instruments, other than accordionses imported into Japan amounted to 251K units, approximately mirroring 2021 figures. Overall, imports, however, continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when imports increased by 19%. Imports peaked at 253K units in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.
In value terms, imports of keyboard electrical musical instruments, other than accordionses expanded notably to $128M in 2022. The total import value increased at an average annual rate of +7.4% over the period from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 when imports increased by 23% against the previous year. Imports peaked in 2022 and are expected to retain growth in years to come.
| Import of Keyboard Electrical Musical Instruments, Other than Accordions in Japan (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 49.5 | 53.0 | 65.1 | 64.7 | 9.3% |
| Indonesia | 35.1 | 26.5 | 33.5 | 38.3 | 3.0% |
| Malaysia | 15.2 | 12.8 | 14.4 | 19.4 | 8.5% |
| Others | 3.5 | 3.9 | 5.1 | 5.5 | 16.3% |
| Total | 103 | 96.3 | 118 | 128 | 7.5% |
Top Suppliers of Keyboard Electrical Musical Instruments, Other than Accordions to Japan in 2022:
- China (127.0K units)
- Indonesia (75.2K units)
- Malaysia (38.1K units)
Exports of Keyboard Electrical Musical Instruments, Other than Accordions in Japan
In 2022, approx. 42K units of keyboard electrical musical instruments, other than accordionses were exported from Japan; which is down by -20.8% on the previous year. Over the period under review, exports saw a abrupt downturn. The growth pace was the most rapid in 2021 when exports increased by 26%. Over the period under review, the exports of attained the maximum at 55K 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 fell sharply to $28M in 2022. In general, exports recorded a perceptible reduction. The growth pace was the most rapid in 2021 when exports increased by 28% against the previous year. As a result, the exports reached the peak of $36M, and then reduced notably in the following year.
| Export of Keyboard Electrical Musical Instruments, Other than Accordions in Japan (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 7.5 | 6.6 | 11.7 | 5.6 | -9.3% |
| Vietnam | 5.1 | 3.1 | 4.2 | 3.1 | -15.3% |
| China | 2.9 | 2.7 | 3.5 | 2.4 | -6.1% |
| Germany | 2.5 | 2.9 | 2.5 | 2.3 | -2.7% |
| France | 1.4 | 1.6 | 1.5 | 1.6 | 4.6% |
| United Arab Emirates | 0.9 | 0.7 | 1.0 | 1.5 | 18.6% |
| South Korea | 1.1 | 0.9 | 1.1 | 1.5 | 10.9% |
| United Kingdom | 1.2 | 1.0 | 1.0 | 1.1 | -2.9% |
| Latvia | 0.2 | 0.2 | 0.1 | 1.0 | 71.0% |
| Malaysia | 0.4 | 0.2 | 0.4 | 0.6 | 14.5% |
| Canada | 0.4 | 0.5 | 0.5 | 0.5 | 7.7% |
| Australia | 0.6 | 0.5 | 0.6 | 0.5 | -5.9% |
| Belgium | 0.3 | 0.4 | 0.4 | 0.4 | 10.1% |
| Others | 7.9 | 6.8 | 7.3 | 5.7 | -10.3% |
| Total | 32.2 | 28.2 | 35.9 | 27.8 | -4.8% |
Top Export Markets for Keyboard Electrical Musical Instruments, Other than Accordions from Japan in 2022:
- United States (8.4K units)
- Vietnam (4.7K units)
- China (3.5K units)
- Germany (3.4K units)
- France (2.3K units)
- United Arab Emirates (2.2K units)
- South Korea (2.2K units)
- United Kingdom (1.7K units)
- Latvia (1.5K units)
- Malaysia (0.9K units)
- Canada (0.8K units)
- Australia (0.7K units)
- Belgium (0.7K units)
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Imports of Electrical Musical Instruments reached a peak of 48K units in December 2022. However, from January to November 2023, import numbers were slightly lower. In terms of value, the import of electrical musical instruments saw a significant increase to $19M in November 2023.
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Discover the top import markets for electrical musical instruments in 2023. Learn about the key countries driving the global trade of musical instruments.
187
Imports of Electrical Musical Instruments reached a peak of 48K units in December 2022. However, from January to November 2023, import numbers were slightly lower. In terms of value, the import of electrical musical instruments saw a significant increase to $19M in November 2023.
202
Discover the top import markets for electrical musical instruments in 2023. Learn about the key countries driving the global trade of musical instruments.
