Price for Non-Keyboard Electrical Musical Instruments in Belgium - 2023
Contents:
- Price for Non-Keyboard Electrical Musical Instruments in Belgium (FOB) - 2022
- Price for Non-Keyboard Electrical Musical Instruments in Belgium (CIF) - 2023
- Exports of Non-Keyboard Electrical Musical Instruments in Belgium
- Imports of Non-Keyboard Electrical Musical Instruments in Belgium
Price for Non-Keyboard Electrical Musical Instruments in Belgium (FOB) - 2022
The average non-keyboard electrical musical instruments export price stood at $133 per unit in 2022, falling by -5% against the previous year. Over the period under review, the export price showed a pronounced decrease. The most prominent rate of growth was recorded in 2015 when the average export price increased by 454%. Over the period under review, the average export prices reached the peak figure at $1,712 per unit in 2016; however, from 2017 to 2022, the export prices stood at a somewhat lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Spain ($343 per unit), while the average price for exports to Germany ($88 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 Sweden (+7.7%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Non-Keyboard Electrical Musical Instruments in Belgium (CIF) - 2023
In August 2023, the average non-keyboard electrical musical instruments import price amounted to $391 per unit, dropping by -10.8% against the previous month. Over the period from August 2022 to August 2023, it increased at an average monthly rate of +2.2%. The most prominent rate of growth was recorded in September 2022 when the average import price increased by 25% month-to-month. The import price peaked at $465 per unit in April 2023; however, from May 2023 to August 2023, import prices remained at a lower figure.
There were significant differences in the average prices amongst the major supplying countries. In August 2023, the country with the highest price was the Netherlands ($1,358 per unit), while the price for France ($195 per unit) was amongst the lowest.
From August 2022 to August 2023, the most notable rate of growth in terms of prices was attained by the Netherlands (+7.3%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Non-Keyboard Electrical Musical Instruments in Belgium
In 2022, after three years of growth, there was significant decline in shipments abroad of non-keyboard electrical musical instrumentses, when their volume decreased by -5.7% to 294K units. Overall, exports, however, posted significant growth. The pace of growth appeared the most rapid in 2020 when exports increased by 2,254% against the previous year. Over the period under review, the exports hit record highs at 312K units in 2021, and then fell in the following year.
In value terms, non-keyboard electrical musical instruments exports dropped to $39M in 2022. Over the period under review, exports, however, enjoyed a significant increase. The most prominent rate of growth was recorded in 2020 when exports increased by 2,104%. Over the period under review, the exports hit record highs at $44M in 2021, and then dropped in the following year.
| Export of Non-Keyboard Electrical Musical Instruments in Belgium (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 0.4 | 16.1 | 20.9 | 18.5 | 259.0% |
| France | 0.2 | 4.8 | 5.0 | 4.5 | 182.3% |
| Netherlands | 0.6 | 4.0 | 5.1 | 4.3 | 92.8% |
| Italy | N/A | 2.0 | 2.8 | 2.2 | 4.9% |
| Spain | N/A | 1.6 | 1.7 | 1.5 | -3.2% |
| Sweden | N/A | 1.1 | 1.5 | 1.3 | 8.7% |
| Finland | N/A | 0.8 | 0.7 | 0.6 | -13.4% |
| Others | 0.7 | 13.1 | 5.9 | 6.2 | 106.9% |
| Total | 2.0 | 43.6 | 43.6 | 39.1 | 169.4% |
Top Export Markets for Non-Keyboard Electrical Musical Instruments from Belgium in 2022:
- Germany (210.2K units)
- France (24.4K units)
- Netherlands (15.4K units)
- Italy (9.1K units)
- Finland (5.3K units)
- Sweden (4.6K units)
- Spain (4.5K units)
Imports of Non-Keyboard Electrical Musical Instruments in Belgium
In 2022, overseas purchases of non-keyboard electrical musical instrumentses decreased by -10.7% to 181K units, falling for the second consecutive year after two years of growth. Over the period under review, imports, however, saw a significant increase. The growth pace was the most rapid in 2020 with an increase of 772% against the previous year. As a result, imports attained the peak of 206K units. From 2021 to 2022, the growth of imports remained at a lower figure.
In value terms, non-keyboard electrical musical instruments imports dropped to $34M in 2022. Overall, imports, however, continue to indicate significant growth. The growth pace was the most rapid in 2020 when imports increased by 683% against the previous year. Imports peaked at $39M in 2021, and then contracted in the following year.
| Import of Non-Keyboard Electrical Musical Instruments in Belgium (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Malaysia | 0.4 | 14.8 | 17.4 | 15.1 | 235.5% |
| China | 0.9 | 6.0 | 7.7 | 9.0 | 115.4% |
| Germany | 0.9 | 4.1 | 4.7 | 3.2 | 52.6% |
| South Korea | N/A | 0.8 | 0.4 | 1.6 | 41.4% |
| Netherlands | 0.9 | 1.6 | 1.7 | 1.2 | 10.1% |
| Indonesia | 0.1 | 1.8 | 2.3 | 1.1 | 122.4% |
| Others | 1.1 | 4.5 | 4.9 | 2.5 | 31.5% |
| Total | 4.3 | 33.5 | 39.0 | 33.7 | 98.6% |
Top Suppliers of Non-Keyboard Electrical Musical Instruments to Belgium in 2022:
- Malaysia (98.5K units)
- China (51.4K units)
- Germany (10.2K units)
- Indonesia (6.0K units)
- South Korea (5.6K units)
- Netherlands (2.4K units)
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This report provides an in-depth analysis of the electrical musical instrument market in Belgium.
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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 Belgium.
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.
