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

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

In 2022, the average non-keyboard electrical musical instruments import price amounted to $240 per unit, waning by -2.2% against the previous year. In general, import price indicated measured growth from 2012 to 2022: its price increased at an average annual rate of +2.5% 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 +7.6% against 2020 indices. The most prominent rate of growth was recorded in 2018 an increase of 36% against the previous year. Over the period under review, average import prices reached the peak figure at $245 per unit in 2021, and then reduced modestly in the following year.

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 the United States ($418 per unit), while the price for China ($109 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+6.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Non-Keyboard Electrical Musical Instruments in Poland (FOB) - 2023

The average non-keyboard electrical musical instruments export price stood at $1,044 per unit in August 2023, with an increase of 30% against the previous month. Overall, export price indicated moderate growth from August 2022 to August 2023: its price increased at an average monthly rate of +3.8% over the last twelve-month period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on August 2023 figures, non-keyboard electrical musical instruments export price increased by +30.4% against July 2023 indices. The growth pace was the most rapid in January 2023 an increase of 66% m-o-m. The export price peaked in August 2023.

There were significant differences in the average prices for the major external markets. In August 2023, the country with the highest price was Canada ($2,539 per unit), while the average price for exports to Ukraine ($299 per unit) was amongst the lowest.

From August 2022 to August 2023, the most notable rate of growth in terms of prices was recorded for supplies to France (+12.0%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Non-Keyboard Electrical Musical Instruments in Poland

After three years of growth, overseas purchases of non-keyboard electrical musical instrumentses decreased by -6.6% to 51K units in 2022. In general, imports, however, recorded a significant increase. The growth pace was the most rapid in 2020 with an increase of 50%. Over the period under review, imports reached the maximum at 55K units in 2021, and then dropped in the following year.

In value terms, non-keyboard electrical musical instruments imports contracted to $12M in 2022. Overall, imports, however, enjoyed a significant expansion. The pace of growth was the most pronounced in 2021 when imports increased by 59% against the previous year. As a result, imports attained the peak of $13M, and then fell in the following year.

Import of Non-Keyboard Electrical Musical Instruments in Poland (Million USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Germany	0.8	4.7	5.9	6.6	102.1%
China	1.7	0.9	1.7	1.8	1.9%
Netherlands	0.2	N/A	3.5	1.5	95.7%
Indonesia	1.7	0.5	0.7	0.9	-19.1%
United States	1.0	0.6	0.6	0.5	-20.6%
United Kingdom	0.1	1.5	N/A	0.3	44.2%
Japan	0.1	0.1	0.3	0.2	26.0%
Others	0.6	0.3	0.8	0.5	-5.9%
Total	6.1	8.5	13.5	12.3	26.3%

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

Germany (21.7K units)
China (16.4K units)
Netherlands (4.4K units)
Indonesia (3.1K units)
United Kingdom (1.4K units)
United States (1.2K units)
Japan (0.8K units)

Exports of Non-Keyboard Electrical Musical Instruments in Poland

In 2022, after three years of growth, there was decline in overseas shipments of non-keyboard electrical musical instrumentses, when their volume decreased by -3.5% to 19K units. In general, exports, however, enjoyed significant growth. The growth pace was the most rapid in 2020 with an increase of 66% against the previous year. Over the period under review, the exports attained the peak figure at 19K units in 2021, and then reduced in the following year.

In value terms, non-keyboard electrical musical instruments exports contracted dramatically to $7.2M in 2022. Overall, exports, however, saw a significant expansion. The pace of growth appeared the most rapid in 2021 when exports increased by 55% against the previous year. As a result, the exports attained the peak of $8.9M, and then fell remarkably in the following year.

Export of Non-Keyboard Electrical Musical Instruments in Poland (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Germany	363	1,134	2,576	2,427	88.4%
United States	685	1,143	2,108	1,685	35.0%
Netherlands	1,071	1,114	1,141	572	-18.9%
United Kingdom	183	374	208	358	25.1%
Japan	503	382	364	350	-11.4%
Czech Republic	538	353	336	270	-20.5%
Italy	10.2	68.1	233	179	159.9%
France	3.9	107	135	165	248.4%
Spain	2.7	50.2	161	112	246.2%
Slovakia	159	112	144	81.6	-19.9%
Russia	2.9	6.1	8.3	80.0	202.2%
Hungary	154	152	160	74.4	-21.5%
Austria	9.1	22.6	76.4	60.5	88.0%
Others	494	729	1,268	826	18.7%
Total	4,180	5,747	8,919	7,241	20.1%