Price for Keyboard Electrical Musical Instruments, Other than Accordions in Portugal - 2023
Contents:
- Price for Keyboard Electrical Musical Instruments, Other than Accordions in Portugal (CIF) - 2022
- Price for Keyboard Electrical Musical Instruments, Other than Accordions in Portugal (FOB) - 2022
- Imports of Keyboard Electrical Musical Instruments, Other than Accordions in Portugal
- Exports of Keyboard Electrical Musical Instruments, Other than Accordions in Portugal
Price for Keyboard Electrical Musical Instruments, Other than Accordions in Portugal (CIF) - 2022
In 2022, the average import price for keyboard electrical musical instruments, other than accordionses amounted to $555 per unit, stabilizing at the previous year. In general, import price indicated a perceptible increase from 2012 to 2022: its price increased at an average annual rate of +2.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for keyboard electrical musical instruments, other than accordionses increased by +54.5% against 2020 indices. The pace of growth appeared the most rapid in 2021 when the average import price increased by 52% against the previous year. The import price peaked in 2022 and is likely to see gradual growth in years to come.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Indonesia ($782 per unit), while the price for Vietnam ($100 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (+24.8%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Keyboard Electrical Musical Instruments, Other than Accordions in Portugal (FOB) - 2022
The average export price for keyboard electrical musical instruments, other than accordionses stood at $417 per unit in 2022, which is down by -16.2% against the previous year. In general, the export price continues to indicate a perceptible decline. The pace of growth appeared the most rapid in 2017 an increase of 24%. Over the period under review, the average export prices hit record highs at $693 per unit in 2018; however, from 2019 to 2022, the export prices remained at a lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Spain ($763 per unit), while the average price for exports to Germany ($219 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 UK (+49.3%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Keyboard Electrical Musical Instruments, Other than Accordions in Portugal
In 2022, supplies from abroad of keyboard electrical musical instruments, other than accordionses decreased by -0.8% to 12K units, falling for the second consecutive year after two years of growth. Overall, imports showed a abrupt setback. The pace of growth was the most pronounced in 2020 with an increase of 21%. As a result, imports reached the peak of 19K units. From 2021 to 2022, the growth of imports of failed to regain momentum.
In value terms, imports of keyboard electrical musical instruments, other than accordionses totaled $6.9M in 2022. The total import value increased at an average annual rate of +6.2% from 2019 to 2022; however, the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2020 when imports increased by 19% against the previous year. Imports peaked in 2022 and are likely to see steady growth in years to come.
| Import of Keyboard Electrical Musical Instruments, Other than Accordions in Portugal (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Spain | 3,092 | 3,480 | 3,056 | 3,158 | 0.7% |
| Belgium | 533 | 750 | 984 | 1,097 | 27.2% |
| Germany | 955 | 1,161 | 1,435 | 1,008 | 1.8% |
| France | 39.0 | 205 | 166 | 536 | 139.5% |
| Italy | 659 | 434 | 330 | 465 | -11.0% |
| Indonesia | 2.3 | 37.8 | 176 | 251 | 377.9% |
| China | 74.1 | 204 | 288 | 161 | 29.5% |
| Vietnam | 29.6 | 91.1 | 132 | 47.8 | 17.3% |
| Others | 346 | 429 | 263 | 145 | -25.2% |
| Total | 5,730 | 6,791 | 6,829 | 6,870 | 6.2% |
Top Suppliers of Keyboard Electrical Musical Instruments, Other than Accordions to Portugal in 2022:
- Spain (5.7K units)
- Belgium (1.7K units)
- Germany (1.4K units)
- Italy (1.3K units)
- France (0.9K units)
- Vietnam (0.5K units)
- Indonesia (0.3K units)
- China (0.3K units)
Exports of Keyboard Electrical Musical Instruments, Other than Accordions in Portugal
In 2022, the amount of keyboard electrical musical instruments, other than accordionses exported from Portugal reduced markedly to 447 units, falling by -23.9% on the previous year's figure. Overall, exports, however, posted a mild increase. The pace of growth was the most pronounced in 2021 with an increase of 226%. As a result, the exports attained the peak of 587 units, and then declined sharply in the following year.
In value terms, exports of keyboard electrical musical instruments, other than accordionses shrank significantly to $186K in 2022. Over the period under review, exports saw a abrupt decline. The pace of growth was the most pronounced in 2021 with an increase of 163%. As a result, the exports attained the peak of $292K, and then reduced dramatically in the following year.
| Export of Keyboard Electrical Musical Instruments, Other than Accordions in Portugal (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 24.6 | 43.8 | 58.2 | 52.5 | 28.7% |
| Germany | 110 | 33.3 | 121 | 47.6 | -24.4% |
| Angola | 60.7 | 9.1 | 4.0 | 27.9 | -22.8% |
| Cabo Verde | 10.5 | 0.6 | 7.6 | 18.7 | 21.2% |
| Spain | N/A | N/A | N/A | 13.0 | 0% |
| United Kingdom | N/A | N/A | 48.3 | 4.5 | -90.7% |
| Mozambique | 2.6 | 5.5 | 1.8 | 2.6 | 0.0% |
| China | 26.4 | N/A | 0.1 | N/A | -93.8% |
| Others | 16.7 | 18.9 | 51.2 | 19.7 | 5.7% |
| Total | 252 | 111 | 292 | 186 | -9.6% |
Top Export Markets for Keyboard Electrical Musical Instruments, Other than Accordions from Portugal in 2022:
- Germany (217.0 units)
- United States (93.0 units)
- Angola (42.0 units)
- Cabo Verde (34.0 units)
- Spain (17.0 units)
- Mozambique (9.0 units)
- United Kingdom (8.0 units)
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This report provides an in-depth analysis of the electrical musical instrument market in Portugal.
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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 Portugal.
481
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.
