Price for Non-Keyboard Electrical Musical Instruments in Myanmar - 2022
Contents:
- Price for Non-Keyboard Electrical Musical Instruments in Myanmar (CIF) - 2022
- Price for Non-Keyboard Electrical Musical Instruments in Myanmar (FOB) - 2022
- Imports of Non-Keyboard Electrical Musical Instruments in Myanmar
- Exports of Non-Keyboard Electrical Musical Instruments in Myanmar
Price for Non-Keyboard Electrical Musical Instruments in Myanmar (CIF) - 2022
The average non-keyboard electrical musical instruments import price stood at $29 per unit in 2022, picking up by 10% against the previous year. Overall, the import price, however, showed a deep setback. The pace of growth appeared the most rapid in 2013 an increase of 240% against the previous year. As a result, import price attained the peak level of $174 per unit. From 2014 to 2022, the average import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Japan ($118 per unit), while the price for Thailand ($5.7 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Japan (+5.5%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Non-Keyboard Electrical Musical Instruments in Myanmar (FOB) - 2022
In 2022, the average non-keyboard electrical musical instruments export price amounted to $20 per unit, standing approx. at the previous year. In general, the export price, however, recorded a noticeable downturn. Over the period under review, the average export prices hit record highs at $22 per unit in 2020; however, from 2021 to 2022, the export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Thailand ($42 per unit), while the average price for exports to Nepal stood at $2.8 per unit.
From 2020 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Nepal (0.0%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Non-Keyboard Electrical Musical Instruments in Myanmar
For the third consecutive year, Myanmar recorded decline in supplies from abroad of non-keyboard electrical musical instrumentses, which decreased by -55.6% to 1.2K units in 2022. Over the period under review, imports showed a precipitous setback. The smallest decline of -33.8% was in 2021. Imports peaked at 9K units in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.
In value terms, non-keyboard electrical musical instruments imports dropped sharply to $34K in 2022. Overall, imports continue to indicate a sharp slump. The smallest decline of -12.2% was in 2021. Imports peaked at $163K in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.
Import of Non-Keyboard Electrical Musical Instruments in Myanmar (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Indonesia | 72.0 | 29.4 | 34.6 | 18.6 | -36.3% |
China | 62.8 | 23.2 | 32.3 | 9.3 | -47.1% |
Japan | 11.1 | 5.0 | 2.7 | 3.3 | -33.3% |
Malaysia | 6.4 | 5.6 | N/A | 1.6 | -37.0% |
Thailand | 0.3 | 0.2 | 0.2 | 1.4 | 67.1% |
Taiwan (Chinese) | 6.2 | 5.8 | N/A | N/A | -6.5% |
Others | 3.9 | 10.9 | 0.4 | 0.1 | -70.5% |
Total | 163 | 79.9 | 70.2 | 34.3 | -40.5% |
Top Suppliers of Non-Keyboard Electrical Musical Instruments to Myanmar in 2022:
- Indonesia (612.0 units)
- China (267.0 units)
- Thailand (239.0 units)
- Malaysia (48.0 units)
- Japan (28.0 units)
Exports of Non-Keyboard Electrical Musical Instruments in Myanmar
After two years of growth, shipments abroad of non-keyboard electrical musical instrumentses decreased by -49.9% to 977 units in 2022. In general, exports, however, saw a significant increase. The growth pace was the most rapid in 2021 with an increase of 48,650% against the previous year. As a result, the exports reached the peak of 1.9K units, and then shrank significantly in the following year.
In value terms, non-keyboard electrical musical instruments exports fell notably to $20K in 2022. Over the period under review, exports, however, continue to indicate significant growth. The most prominent rate of growth was recorded in 2021 with an increase of 44,745% against the previous year. As a result, the exports reached the peak of $40K, and then reduced sharply in the following year.
Export of Non-Keyboard Electrical Musical Instruments in Myanmar (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2020 | 2021 | 2022 | CAGR, 2020-2022 | |
Thailand | N/A | N/A | 18.5 | 0% | |
Nepal | N/A | N/A | 1.5 | 0% | |
New Zealand | N/A | 33.7 | N/A | 0% | |
Ethiopia | N/A | 6.3 | N/A | 0% | |
Others | 0.1 | N/A | N/A | 0% | |
Total | 0.1 | 39.9 | 20.0 | 1314.2% |
Top Export Markets for Non-Keyboard Electrical Musical Instruments from Myanmar in 2022:
- Nepal (534.0 units)
- Thailand (443.0 units)
This report provides an in-depth analysis of the electrical musical instrument market in Myanmar.
This report provides an in-depth analysis of the global electrical musical instrument market.
This report provides an in-depth analysis of the electrical musical instrument market in Myanmar.
This report provides an in-depth analysis of the global electrical musical instrument market.
Discover the top import markets for electrical musical instruments in 2023. Learn about the key countries driving the global trade of musical instruments.
Discover the top import markets for electrical musical instruments in 2023. Learn about the key countries driving the global trade of musical instruments.