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

Contents:

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

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

The average import price for keyboard electrical musical instruments, other than accordionses stood at $170 per unit in December 2023, waning by -16.7% against the previous month. In general, the import price continues to indicate a slight descent. The growth pace was the most rapid in July 2023 an increase of 292% month-to-month. The import price peaked at $316 per unit in April 2023; however, from May 2023 to December 2023, import prices remained at a 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 Indonesia ($436 per unit), while the price for India ($125 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 India (+8.0%), while the prices for the other major suppliers experienced mixed trend patterns.

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

In 2022, the average export price for keyboard electrical musical instruments, other than accordionses amounted to $379 per unit, surging by 490% against the previous year. In general, the export price showed a remarkable increase. Over the period under review, the average export prices attained the peak figure at $502 per unit in 2017; however, from 2018 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 the United States ($500 per unit), while the average price for exports to Moldova ($60 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 United States (+13.1%), while the prices for the other major destinations experienced a decline.

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

In 2022, after three years of growth, there was significant decline in purchases abroad of keyboard electrical musical instruments, other than accordionses, when their volume decreased by -59.1% to 12K units. Overall, imports recorded a abrupt slump. The most prominent rate of growth was recorded in 2021 when imports increased by 47% against the previous year. As a result, imports reached the peak of 30K units, and then declined sharply in the following year.

In value terms, imports of keyboard electrical musical instruments, other than accordionses dropped notably to $2.4M in 2022. Over the period under review, imports continue to indicate a deep contraction. The most prominent rate of growth was recorded in 2021 when imports increased by 48% against the previous year. As a result, imports attained the peak of $5.8M, and then declined notably in the following year.

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

1. China (10.2K units)
2. Indonesia (1.4K units)
3. India (0.4K units)

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

In 2022, after three years of growth, there was significant decline in overseas shipments of keyboard electrical musical instruments, other than accordionses, when their volume decreased by -67.2% to 64 units. In general, exports, however, continue to indicate a significant expansion. The pace of growth appeared the most rapid in 2020 when exports increased by 5,300% against the previous year. The exports peaked at 195 units in 2021, and then contracted significantly in the following year.

In value terms, exports of keyboard electrical musical instruments, other than accordionses soared to $24K in 2022. Overall, exports, however, saw significant growth. The most prominent rate of growth was recorded in 2020 when exports increased by 6,188%. The exports peaked in 2022 and are expected to retain growth in the near future.

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

1. Hungary (57.0 units)
2. Austria (3.0 units)
3. Romania (1.0 units)
4. Moldova (1.0 units)
5. United States (1.0 units)
6. Bulgaria (1.0 units)

Source: IndexBox Market Intelligence Platform