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

Contents:

1. Price for Non-Keyboard Electrical Musical Instruments in Ecuador (CIF) - 2022
2. Imports of Non-Keyboard Electrical Musical Instruments in Ecuador

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

In 2022, the average non-keyboard electrical musical instruments import price amounted to $90 per unit, surging by 34% against the previous year. Over the period under review, the import price, however, showed a perceptible reduction. Over the period under review, average import prices attained the peak figure at $141 per unit in 2013; however, from 2014 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 Canada ($430 per unit), while the price for China ($53 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Canada (-5.7%), while the prices for the other major suppliers experienced a decline.

Imports of Non-Keyboard Electrical Musical Instruments in Ecuador

Non-keyboard electrical musical instruments imports into Ecuador surged to 11K units in 2022, rising by 147% compared with the previous year's figure. Over the period under review, imports, however, saw a pronounced descent. Over the period under review, imports hit record highs at 12K units in 2019; however, from 2020 to 2022, imports failed to regain momentum.

In value terms, non-keyboard electrical musical instruments imports surged to $963K in 2022. In general, imports recorded a modest expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.

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

1. Indonesia (4.9K units)
2. China (4.0K units)
3. United States (1.4K units)
4. Canada (0.2K units)

Source: IndexBox Market Intelligence Platform