Price for Keyboard Electrical Musical Instruments, Other than Accordions in Bolivia - 2023

Contents:

  1. Price for Keyboard Electrical Musical Instruments, Other than Accordions in Bolivia (CIF) - 2022
  2. Price for Keyboard Electrical Musical Instruments, Other than Accordions in Bolivia (FOB) - 2022
  3. Imports of Keyboard Electrical Musical Instruments, Other than Accordions in Bolivia
  4. Exports of Keyboard Electrical Musical Instruments, Other than Accordions in Bolivia

Price for Keyboard Electrical Musical Instruments, Other than Accordions in Bolivia (CIF) - 2022

In 2022, the average import price for keyboard electrical musical instruments, other than accordionses amounted to $287 per unit, increasing by 24% against the previous year. In general, the import price continues to indicate a strong expansion. The pace of growth was the most pronounced in 2021 an increase of 46%. Over the period under review, average import prices attained the peak figure in 2022 and is likely to continue growth in years to come.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Japan ($3,930 per unit), while the price for China ($224 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Indonesia (+21.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Keyboard Electrical Musical Instruments, Other than Accordions in Bolivia (FOB) - 2022

In 2022, the average export price for keyboard electrical musical instruments, other than accordionses amounted to $336 per unit, jumping by 124% against the previous year. Overall, the export price, however, saw a slight decrease. The pace of growth appeared the most rapid in 2020 an increase of 236%. Over the period under review, the average export prices attained the maximum at $786 per unit in 2017; however, from 2018 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Peru ($697 per unit), while the average price for exports to France ($166 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 Sweden (+53.6%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Keyboard Electrical Musical Instruments, Other than Accordions in Bolivia

For the third consecutive year, Bolivia recorded decline in supplies from abroad of keyboard electrical musical instruments, other than accordionses, which decreased by -7.9% to 4K units in 2022. Over the period under review, imports faced a sharp curtailment. Over the period under review, imports of reached the peak figure at 13K units in 2019; however, from 2020 to 2022, imports failed to regain momentum.

In value terms, imports of keyboard electrical musical instruments, other than accordionses totaled $1.1M in 2022. Overall, imports recorded a abrupt downturn. The growth pace was the most rapid in 2021 when imports increased by 15% against the previous year. Over the period under review, imports of reached the maximum at $1.5M in 2019; however, from 2020 to 2022, imports remained at a lower figure.

Import of Keyboard Electrical Musical Instruments, Other than Accordions in Bolivia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China1,105649797841-8.7%
Indonesia225175166186-6.1%
IndiaN/AN/A1.963.03215.8%
Others13748.435.751.0-28.1%
Total1,4678731,0011,141-8.0%

Top Suppliers of Keyboard Electrical Musical Instruments, Other than Accordions to Bolivia in 2022:

  1. China (3756.0 units)
  2. India (85.0 units)
  3. Indonesia (51.0 units)

Exports of Keyboard Electrical Musical Instruments, Other than Accordions in Bolivia

In 2022, shipments abroad of keyboard electrical musical instruments, other than accordionses was finally on the rise to reach 4 units for the first time since 2019, thus ending a two-year declining trend. Overall, exports saw a relatively flat trend pattern. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, exports of keyboard electrical musical instruments, other than accordionses skyrocketed to $1.3K in 2022. In general, exports showed a significant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Export of Keyboard Electrical Musical Instruments, Other than Accordions in Bolivia (USD)
COUNTRY2019202020212022CAGR,
2019-2022
PeruN/AN/AN/A6970%
ChileN/AN/AN/A4790%
France15232986.01663.0%
SwitzerlandN/A478N/AN/A0%
Sweden211108N/AN/A-48.8%
GuatemalaN/AN/A214N/A0%
OthersN/AN/AN/AN/A0%
Total3639153001,34254.6%

Top Export Markets for Keyboard Electrical Musical Instruments, Other than Accordions from Bolivia in 2022:

  1. Chile (2.0 units)
  2. Peru (1.0 units)
  3. France (1.0 units)

Source: IndexBox Market Intelligence Platform

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Free Data: Musical instruments; keyboard, (other than accordions), the sound of which is produced or must be amplified electrically - Bolivia