Price for Keyboard Electrical Musical Instruments, Other than Accordions in Peru - 2022

Contents:

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

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

In 2022, the average import price for keyboard electrical musical instruments, other than accordionses amounted to $97 per unit, with a decrease of -9.7% against the previous year. Overall, the import price showed a mild curtailment. The most prominent rate of growth was recorded in 2015 when the average import price increased by 26%. Over the period under review, average import prices reached the peak figure at $107 per unit in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Indonesia ($854 per unit), while the price for China ($77 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Indonesia (+3.6%), while the prices for the other major suppliers experienced a decline.

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

The average export price for keyboard electrical musical instruments, other than accordionses stood at $219 per unit in 2022, rising by 22% against the previous year. In general, the export price, however, showed a abrupt slump. The pace of growth appeared the most rapid in 2017 when the average export price increased by 25% against the previous year. Over the period under review, the average export prices hit record highs at $395 per unit in 2012; however, from 2013 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 Kazakhstan ($683 per unit), while the average price for exports to Chile ($180 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 France (+71.5%).

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

In 2022, approx. 71K units of keyboard electrical musical instruments, other than accordionses were imported into Peru; flattening at the previous year's figure. The total import volume increased at an average annual rate of +4.1% over the period from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations in certain years. The most prominent rate of growth was recorded in 2021 when imports increased by 17%. As a result, imports attained the peak of 72K units, leveling off in the following year.

In value terms, imports of keyboard electrical musical instruments, other than accordionses shrank to $6.9M in 2022. The total import value increased at an average annual rate of +9.2% from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 with an increase of 26%. As a result, imports attained the peak of $7.7M, and then reduced in the following year.

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

1. China (66.7K units)
2. India (1.5K units)
3. Japan (1.4K units)
4. Indonesia (1.2K units)

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

For the fourth consecutive year, Peru recorded growth in overseas shipments of keyboard electrical musical instruments, other than accordionses, which increased by 433% to 80 units in 2022. Over the period under review, exports enjoyed 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 $18K in 2022. Overall, 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 Peru in 2022:

1. Chile (68.0 units)
2. Israel (4.0 units)
3. France (3.0 units)
4. Kazakhstan (2.0 units)
5. Guatemala (1.0 units)

Source: IndexBox Market Intelligence Platform