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

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

The average non-keyboard electrical musical instruments import price stood at $293 per unit in 2022, waning by -2.4% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +3.0%. The most prominent rate of growth was recorded in 2014 an increase of 24% against the previous year. The import price peaked at $339 per unit in 2018; however, from 2019 to 2022, import prices remained at a lower figure.

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 ($1,020 per unit), while the price for China ($181 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+16.8%), while the prices for the other major suppliers experienced more modest paces of growth.

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

The average non-keyboard electrical musical instruments export price stood at $273 per unit in 2022, remaining relatively unchanged against the previous year. Over the period under review, the export price continues to indicate a pronounced contraction. The pace of growth appeared the most rapid in 2017 an increase of 44% against the previous year. The export price peaked at $525 per unit in 2018; however, from 2019 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Bulgaria ($459 per unit), while the average price for exports to Lithuania ($173 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 Finland (+10.4%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Non-Keyboard Electrical Musical Instruments in Slovenia

In 2022, non-keyboard electrical musical instruments imports into Slovenia soared to 7.2K units, picking up by 34% against the year before. Overall, imports enjoyed a significant increase. The growth pace was the most rapid in 2021 when imports increased by 52%. Over the period under review, imports reached the maximum in 2022 and are likely to see gradual growth in the near future.

In value terms, non-keyboard electrical musical instruments imports surged to $2.1M in 2022. Over the period under review, imports saw significant growth. The most prominent rate of growth was recorded in 2021 when imports increased by 55% against the previous year. Over the period under review, imports reached the maximum in 2022 and are likely to see gradual growth in the near future.

Import of Non-Keyboard Electrical Musical Instruments in Slovenia (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
China	284	267	662	871	45.3%
Germany	248	336	418	502	26.5%
Indonesia	174	122	152	377	29.4%
Netherlands	30.2	88.5	118	146	69.1%
United States	83.7	11.5	28.1	37.8	-23.3%
Croatia	N/A	56.2	72.3	29.8	-27.2%
Austria	23.0	30.3	38.4	19.5	-5.4%
Others	208	133	130	139	-12.6%
Total	1,051	1,044	1,618	2,121	26.4%

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

China (4799.0 units)
Germany (933.0 units)
Indonesia (909.0 units)
Netherlands (179.0 units)
Croatia (68.0 units)
Austria (54.0 units)
United States (37.0 units)

Exports of Non-Keyboard Electrical Musical Instruments in Slovenia

In 2022, approx. 4.3K units of non-keyboard electrical musical instrumentses were exported from Slovenia; with an increase of 7% on 2021. Over the period under review, exports enjoyed significant growth. The pace of growth was the most pronounced in 2020 when exports increased by 152%. Over the period under review, the exports reached the maximum in 2022 and are expected to retain growth in years to come.

In value terms, non-keyboard electrical musical instruments exports rose sharply to $1.2M in 2022. Overall, exports recorded a significant increase. The most prominent rate of growth was recorded in 2021 with an increase of 91% against the previous year. Over the period under review, the exports reached the peak figure in 2022 and are expected to retain growth in the immediate term.

Export of Non-Keyboard Electrical Musical Instruments in Slovenia (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Croatia	159	186	248	187	5.6%
Serbia	84.0	151	162	157	23.2%
Bulgaria	N/A	21.6	64.9	141	155.5%
Netherlands	N/A	0.5	82.9	97.5	1296.4%
Spain	N/A	1.3	43.0	67.0	617.9%
Bosnia and Herzegovina	48.6	42.4	74.8	64.3	9.8%
United Kingdom	N/A	N/A	37.4	48.6	29.9%
Poland	N/A	13.1	28.2	42.7	80.5%
Czech Republic	N/A	8.7	20.6	37.0	106.2%
Greece	N/A	14.3	13.9	27.4	38.4%
Finland	N/A	0.1	10.3	21.3	1359.5%
Lithuania	N/A	N/A	11.1	19.5	75.7%
Switzerland	0.3	3.8	18.5	19.0	298.6%
Others	26.4	136	290	243	109.6%
Total	318	579	1,105	1,172	54.5%