Price for Keyboard Electrical Musical Instruments, Other than Accordions in Libya - 2022
Contents:
- Price for Keyboard Electrical Musical Instruments, Other than Accordions in Libya (CIF) - 2022
- Imports of Keyboard Electrical Musical Instruments, Other than Accordions in Libya
Price for Keyboard Electrical Musical Instruments, Other than Accordions in Libya (CIF) - 2022
In 2022, the average import price for keyboard electrical musical instruments, other than accordionses amounted to $331 per unit, reducing by -5.7% against the previous year. Overall, the import price continues to indicate a slight shrinkage. The growth pace was the most rapid in 2013 when the average import price increased by 28%. The import price peaked at $674 per unit in 2018; however, from 2019 to 2022, import prices remained at a lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Italy ($4,537 per unit), while the price for the United Arab Emirates ($3 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Turkey (+49.2%), while the prices for the other major suppliers experienced more modest paces of growth.
Imports of Keyboard Electrical Musical Instruments, Other than Accordions in Libya
In 2022, approx. 110 units of keyboard electrical musical instruments, other than accordionses were imported into Libya; increasing by 17% compared with the year before. Over the period under review, imports enjoyed significant growth. The pace of growth appeared the most rapid in 2021 with an increase of 45% against the previous year. Imports peaked in 2022 and are expected to retain growth in years to come.
In value terms, imports of keyboard electrical musical instruments, other than accordionses expanded markedly to $36K in 2022. In general, total imports indicated a significant increase from 2019 to 2022: its value increased at an average annual rate of +21.9% 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 +81.3% against 2019 indices. The growth pace was the most rapid in 2021 when imports increased by 40%. Over the period under review, imports of attained the peak figure in 2022 and are likely to see gradual growth in the near future.
| Import of Keyboard Electrical Musical Instruments, Other than Accordions in Libya (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 15.3 | 18.5 | 22.4 | 24.9 | 17.6% |
| Turkey | 0.8 | 0.4 | 2.9 | 3.6 | 65.1% |
| Tunisia | 1.5 | 1.7 | 2.6 | 3.4 | 31.4% |
| Others | 2.5 | 3.0 | 5.2 | 4.5 | 21.6% |
| Total | 20.1 | 23.6 | 33.0 | 36.4 | 21.9% |
Top Suppliers of Keyboard Electrical Musical Instruments, Other than Accordions to Libya in 2022:
- China (105.0 units)
- Turkey (2.0 units)
- Tunisia (1.0 units)
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This report provides an in-depth analysis of the electrical musical instrument market in Libya.
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This report provides an in-depth analysis of the global electrical musical instrument market.
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This report provides an in-depth analysis of the electrical musical instrument market in Libya.
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This report provides an in-depth analysis of the global electrical musical instrument market.
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Discover the top import markets for electrical musical instruments in 2023. Learn about the key countries driving the global trade of musical instruments.
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Discover the top import markets for electrical musical instruments in 2023. Learn about the key countries driving the global trade of musical instruments.
