Price for Keyboard Electrical Musical Instruments, Other than Accordions in Myanmar - 2023
Contents:
- Price for Keyboard Electrical Musical Instruments, Other than Accordions in Myanmar (CIF) - 2022
- Imports of Keyboard Electrical Musical Instruments, Other than Accordions in Myanmar
Price for Keyboard Electrical Musical Instruments, Other than Accordions in Myanmar (CIF) - 2022
In 2022, the average import price for keyboard electrical musical instruments, other than accordionses amounted to $79 per unit, picking up by 43% against the previous year. Overall, the import price, however, recorded a abrupt curtailment. The import price peaked at $209 per unit in 2013; however, from 2014 to 2022, import prices remained at a 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 Singapore ($209 per unit), while the price for China ($40 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+17.8%), while the prices for the other major suppliers experienced more modest paces of growth.
Imports of Keyboard Electrical Musical Instruments, Other than Accordions in Myanmar
For the third consecutive year, Myanmar recorded decline in overseas purchases of keyboard electrical musical instruments, other than accordionses, which decreased by -59.3% to 1.9K units in 2022. In general, imports faced a precipitous decline. The smallest decline of -7% was in 2020. Over the period under review, imports of hit record highs at 9.1K units in 2019; however, from 2020 to 2022, imports failed to regain momentum.
In value terms, imports of keyboard electrical musical instruments, other than accordionses fell rapidly to $153K in 2022. Over the period under review, imports saw a dramatic descent. The smallest decline of -9.5% was in 2020. Imports peaked at $481K in 2019; however, from 2020 to 2022, imports failed to regain momentum.
| Import of Keyboard Electrical Musical Instruments, Other than Accordions in Myanmar (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 253 | 230 | 131 | 43.0 | -44.6% |
| Indonesia | 165 | 93.0 | 21.5 | 40.9 | -37.2% |
| Singapore | 36.6 | 80.0 | 82.5 | 27.6 | -9.0% |
| India | 0.4 | 0.3 | 5.8 | 13.2 | 220.8% |
| Japan | 11.8 | 13.4 | 14.1 | 10.9 | -2.6% |
| Germany | N/A | N/A | 3.4 | 7.5 | 120.6% |
| Malaysia | 8.0 | 12.7 | 2.5 | 7.4 | -2.6% |
| Others | 5.9 | 6.0 | 2.5 | 2.7 | -22.9% |
| Total | 481 | 435 | 263 | 153 | -31.7% |
Top Suppliers of Keyboard Electrical Musical Instruments, Other than Accordions to Myanmar in 2022:
- China (1084.0 units)
- India (289.0 units)
- Indonesia (224.0 units)
- Singapore (132.0 units)
- Japan (91.0 units)
- Malaysia (63.0 units)
- Germany (40.0 units)
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This report provides an in-depth analysis of the electrical musical instrument market in Myanmar.
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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 Myanmar.
478
This report provides an in-depth analysis of the global electrical musical instrument market.
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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.
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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.
