Price for Non-Keyboard Electrical Musical Instruments in Israel - 2023

Contents:

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

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

The average non-keyboard electrical musical instruments import price stood at $429 per unit in 2022, increasing by 4.4% against the previous year. In general, the import price continues to indicate resilient growth. The most prominent rate of growth was recorded in 2017 an increase of 29%. Over the period under review, average import prices reached the peak figure in 2022 and is expected to retain growth in the near future.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were Germany ($430 per unit) and the UK ($429 per unit), while the price for China ($429 per unit) and South Korea ($429 per unit) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+9.5%), while the prices for the other major suppliers experienced more modest paces of growth.

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

The average non-keyboard electrical musical instruments export price stood at $956 per unit in 2022, jumping by 46% against the previous year. In general, the export price saw a resilient expansion. As a result, the export price attained 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 Canada ($1,333 per unit), while the average price for exports to France ($706 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 Canada (+23.3%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Non-Keyboard Electrical Musical Instruments in Israel

In 2022, after three years of growth, there was significant decline in supplies from abroad of non-keyboard electrical musical instrumentses, when their volume decreased by -12.7% to 16K units. Over the period under review, total imports indicated prominent growth from 2019 to 2022: its volume increased at an average annual rate of +8.7% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +28.3% against 2019 indices. The pace of growth appeared the most rapid in 2021 when imports increased by 35% against the previous year. As a result, imports attained the peak of 19K units, and then shrank in the following year.

In value terms, non-keyboard electrical musical instruments imports dropped to $7M in 2022. Overall, total imports indicated a prominent increase from 2019 to 2022: its value increased at an average annual rate of +17.4% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +62.0% against 2019 indices. The pace of growth appeared the most rapid in 2021 with an increase of 48% against the previous year. As a result, imports reached the peak of $7.6M, and then reduced in the following year.

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

1. Indonesia (undefinedK units)
2. United States (6.6K units)
3. Netherlands (2.6K units)
4. United Kingdom (1.8K units)
5. Japan (1.2K units)
6. South Korea (0.9K units)
7. Germany (0.7K units)
8. China (0.7K units)

Exports of Non-Keyboard Electrical Musical Instruments in Israel

In 2022, the amount of non-keyboard electrical musical instrumentses exported from Israel plummeted to 452 units, dropping by -54.8% on the previous year's figure. Over the period under review, exports recorded a precipitous contraction. The growth pace was the most rapid in 2021 when exports increased by 0.9%. Over the period under review, the exports attained the peak figure at 1.4K units in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

In value terms, non-keyboard electrical musical instruments exports dropped markedly to $432K in 2022. Overall, exports continue to indicate a dramatic contraction. The pace of growth was the most pronounced in 2021 with an increase of 13% against the previous year. The exports peaked at $870K in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

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

1. United States (187.0 units)
2. Australia (65.0 units)
3. United Kingdom (62.0 units)
4. Germany (36.0 units)
5. France (17.0 units)
6. Canada (12.0 units)
7. Italy (12.0 units)
8. Hong Kong SAR (11.0 units)
9. Czech Republic (9.0 units)

Source: IndexBox Market Intelligence Platform