Price for Keyboard Electrical Musical Instruments, Other than Accordions in Russia - 2022
Contents:
- Price for Keyboard Electrical Musical Instruments, Other than Accordions in Russia (CIF) - 2022
- Price for Keyboard Electrical Musical Instruments, Other than Accordions in Russia (FOB) - 2022
- Imports of Keyboard Electrical Musical Instruments, Other than Accordions in Russia
- Exports of Keyboard Electrical Musical Instruments, Other than Accordions in Russia
Price for Keyboard Electrical Musical Instruments, Other than Accordions in Russia (CIF) - 2022
The average import price for keyboard electrical musical instruments, other than accordionses stood at $82 per unit in 2022, waning by -14.6% against the previous year. Overall, the import price faced a drastic downturn. The most prominent rate of growth was recorded in 2014 when the average import price increased by 23%. The import price peaked at $438 per unit in 2016; however, from 2017 to 2022, import prices stood at a somewhat 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 Indonesia ($437 per unit), while the price for China ($55 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (-3.6%), while the prices for the other major suppliers experienced a decline.
Price for Keyboard Electrical Musical Instruments, Other than Accordions in Russia (FOB) - 2022
The average export price for keyboard electrical musical instruments, other than accordionses stood at $500 per unit in 2022, jumping by 65% against the previous year. Overall, the export price continues to indicate a strong expansion. The pace of growth appeared the most rapid in 2017 an increase of 105%. The export price peaked in 2022 and is expected to retain growth in the near future.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Kazakhstan ($525 per unit), while the average price for exports to Georgia ($149 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 Kazakhstan (+18.8%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Keyboard Electrical Musical Instruments, Other than Accordions in Russia
In 2022, the amount of keyboard electrical musical instruments, other than accordionses imported into Russia dropped remarkably to 144K units, with a decrease of -46.9% on the previous year's figure. In general, imports saw a deep downturn. The most prominent rate of growth was recorded in 2021 when imports increased by 54% against the previous year. As a result, imports reached the peak of 271K units, and then declined significantly in the following year.
In value terms, imports of keyboard electrical musical instruments, other than accordionses declined rapidly to $12M in 2022. Over the period under review, imports continue to indicate a abrupt decline. The most prominent rate of growth was recorded in 2021 when imports increased by 30% against the previous year. As a result, imports reached the peak of $26M, and then shrank dramatically in the following year.
| Import of Keyboard Electrical Musical Instruments, Other than Accordions in Russia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 7.6 | 9.0 | 11.9 | 6.8 | -3.6% |
| Germany | 6.9 | 4.9 | 6.5 | 1.4 | -41.2% |
| Indonesia | 3.6 | 3.3 | 4.2 | 1.0 | -34.8% |
| Hong Kong SAR | N/A | N/A | 0.5 | 0.8 | 60.0% |
| India | 0.1 | 0.2 | 0.2 | 0.1 | 0.0% |
| Others | 2.4 | 2.7 | 2.9 | 1.7 | -10.9% |
| Total | 20.7 | 20.1 | 26.2 | 11.8 | -17.1% |
Top Suppliers of Keyboard Electrical Musical Instruments, Other than Accordions to Russia in 2022:
- China (125.2K units)
- Hong Kong SAR (8.4K units)
- Germany (4.0K units)
- Indonesia (2.3K units)
- India (0.2K units)
Exports of Keyboard Electrical Musical Instruments, Other than Accordions in Russia
After three years of growth, overseas shipments of keyboard electrical musical instruments, other than accordionses decreased by -90.3% to 1.3K units in 2022. Over the period under review, exports saw a sharp contraction. The pace of growth was the most pronounced in 2021 when exports increased by 36% against the previous year. As a result, the exports attained the peak of 14K units, and then reduced markedly in the following year.
In value terms, exports of keyboard electrical musical instruments, other than accordionses plummeted to $653K in 2022. Overall, exports recorded a significant contraction. The pace of growth was the most pronounced in 2020 when exports increased by 19%. The exports peaked at $4.1M in 2021, and then fell sharply in the following year.
| Export of Keyboard Electrical Musical Instruments, Other than Accordions in Russia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Kazakhstan | 1,568 | 1,634 | 2,015 | 577 | -28.3% |
| Germany | 1.5 | 19.7 | 29.5 | 19.1 | 133.5% |
| Poland | 7.0 | 1.0 | 2.5 | 13.3 | 23.9% |
| Georgia | 1.7 | N/A | 1.9 | 3.1 | 22.2% |
| Belarus | 1,205 | 1,741 | 1,877 | N/A | 24.8% |
| Others | 111 | 43.6 | 162 | 41.4 | -28.0% |
| Total | 2,894 | 3,440 | 4,088 | 653 | -39.1% |
Top Export Markets for Keyboard Electrical Musical Instruments, Other than Accordions from Russia in 2022:
- Kazakhstan (1099.0 units)
- Poland (52.0 units)
- Germany (46.0 units)
- Georgia (21.0 units)
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This report provides an in-depth analysis of the electrical musical instrument market in the Russian Federation.
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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 the Russian Federation.
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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.
