Price for Non-Keyboard Electrical Musical Instruments in Cameroon - 2022

Contents:

1. Price for Non-Keyboard Electrical Musical Instruments in Cameroon (CIF) - 2022
2. Price for Non-Keyboard Electrical Musical Instruments in Cameroon (FOB) - 2022
3. Imports of Non-Keyboard Electrical Musical Instruments in Cameroon
4. Exports of Non-Keyboard Electrical Musical Instruments in Cameroon

Price for Non-Keyboard Electrical Musical Instruments in Cameroon (CIF) - 2022

The average non-keyboard electrical musical instruments import price stood at $442 per unit in 2022, rising by 29% against the previous year. In general, import price indicated a buoyant expansion from 2012 to 2022: its price increased at an average annual rate of +9.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, non-keyboard electrical musical instruments import price increased by +38.0% against 2018 indices. The pace of growth was the most pronounced in 2014 an increase of 50%. The import price peaked in 2022 and is expected to retain growth in years to come.

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 Spain ($647 per unit), while the price for South Africa ($34 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Spain (+36.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Non-Keyboard Electrical Musical Instruments in Cameroon (FOB) - 2022

In 2022, the average non-keyboard electrical musical instruments export price amounted to $384 per unit, with an increase of 131% against the previous year. In general, the export price recorded a modest expansion. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($441 per unit), while the average price for exports to Ghana totaled $37 per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the United States (+1.2%), while the prices for the other major destinations experienced a decline.

Imports of Non-Keyboard Electrical Musical Instruments in Cameroon

In 2022, purchases abroad of non-keyboard electrical musical instrumentses was finally on the rise to reach 187 units after two years of decline. Over the period under review, imports enjoyed significant growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, non-keyboard electrical musical instruments imports surged to $83K in 2022. In general, imports enjoyed a significant increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Top Suppliers of Non-Keyboard Electrical Musical Instruments to Cameroon in 2022:

1. Spain (69.0 units)
2. France (62.0 units)
3. South Africa (23.0 units)
4. China (11.0 units)
5. Nigeria (4.0 units)
6. United States (3.0 units)
7. United Arab Emirates (3.0 units)
8. United Kingdom (3.0 units)
9. Netherlands (2.0 units)

Exports of Non-Keyboard Electrical Musical Instruments in Cameroon

In 2022, overseas shipments of non-keyboard electrical musical instrumentses decreased by -57.6% to 14 units for the first time since 2018, thus ending a three-year rising trend. In general, exports, however, recorded a significant increase. The pace of growth appeared the most rapid in 2021 with an increase of 1,000%. As a result, the exports reached the peak of 33 units, and then contracted sharply in the following year.

In value terms, non-keyboard electrical musical instruments exports contracted slightly to $5.4K in 2022. Over the period under review, exports, however, recorded a significant expansion. The pace of growth was the most pronounced in 2021 when exports increased by 823%. As a result, the exports attained the peak of $5.5K, and then reduced modestly in the following year.

Top Export Markets for Non-Keyboard Electrical Musical Instruments from Cameroon in 2022:

1. United States (12.0 units)
2. Ghana (2.0 units)

Source: IndexBox Market Intelligence Platform