Price for Keyboard Electrical Musical Instruments, Other than Accordions in Sweden - 2023
Contents:
- Price for Keyboard Electrical Musical Instruments, Other than Accordions in Sweden (FOB) - 2022
- Price for Keyboard Electrical Musical Instruments, Other than Accordions in Sweden (CIF) - 2022
- Exports of Keyboard Electrical Musical Instruments, Other than Accordions in Sweden
- Imports of Keyboard Electrical Musical Instruments, Other than Accordions in Sweden
Price for Keyboard Electrical Musical Instruments, Other than Accordions in Sweden (FOB) - 2022
In 2022, the average export price for keyboard electrical musical instruments, other than accordionses amounted to $885 per unit, growing by 29% against the previous year. In general, export price indicated a measured increase from 2012 to 2022: its price increased at an average annual rate of +2.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for keyboard electrical musical instruments, other than accordionses increased by +53.0% against 2020 indices. The most prominent rate of growth was recorded in 2018 an increase of 33%. The export price peaked in 2022 and is likely to see steady growth in years to come.
There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was France ($1,818 per unit), while the average price for exports to the Netherlands ($313 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 France (+4.7%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Keyboard Electrical Musical Instruments, Other than Accordions in Sweden (CIF) - 2022
The average import price for keyboard electrical musical instruments, other than accordionses stood at $442 per unit in 2022, growing by 57% against the previous year. Over the period under review, the import price saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2020 an increase of 73% against the previous year. The import price peaked in 2022 and is likely to see steady growth in the immediate term.
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 ($1,547 per unit), while the price for Malaysia ($56 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Estonia (+54.5%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Keyboard Electrical Musical Instruments, Other than Accordions in Sweden
In 2022, overseas shipments of keyboard electrical musical instruments, other than accordionses decreased by -25.3% to 75K units for the first time since 2018, thus ending a three-year rising trend. Over the period under review, exports recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2020 with an increase of 16%. The exports peaked at 101K units in 2021, and then fell dramatically in the following year.
In value terms, exports of keyboard electrical musical instruments, other than accordionses reduced modestly to $67M in 2022. Overall, total exports indicated a resilient expansion from 2019 to 2022: its value increased at an average annual rate of +11.0% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +36.8% against 2019 indices. The most prominent rate of growth was recorded in 2021 with an increase of 33% against the previous year. As a result, the exports attained the peak of $69M, and then contracted modestly in the following year.
| Export of Keyboard Electrical Musical Instruments, Other than Accordions in Sweden (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 14.8 | 16.5 | 28.9 | 27.0 | 22.2% |
| Germany | 7.7 | 8.9 | 10.0 | 10.0 | 9.1% |
| United Kingdom | 4.5 | 3.7 | 5.2 | 4.6 | 0.7% |
| France | 3.3 | 3.1 | 3.3 | 3.6 | 2.9% |
| Norway | 3.0 | 3.7 | 3.6 | 2.9 | -1.1% |
| Canada | 1.2 | 0.8 | 1.0 | 1.8 | 14.5% |
| Australia | 1.1 | 1.4 | 1.7 | 1.6 | 13.3% |
| Japan | 1.4 | 1.8 | 1.6 | 1.6 | 4.6% |
| Netherlands | 0.8 | 0.7 | 1.2 | 1.2 | 14.5% |
| Denmark | 1.6 | 1.7 | 1.6 | 1.1 | -11.7% |
| China | 0.6 | 0.6 | 0.8 | 1.1 | 22.4% |
| Switzerland | 0.8 | 1.0 | 1.2 | 1.0 | 7.7% |
| Finland | 1.1 | 1.1 | 0.9 | 0.9 | -6.5% |
| Others | 6.6 | 6.8 | 8.1 | 8.1 | 7.1% |
| Total | 48.6 | 51.8 | 69.1 | 66.5 | 11.0% |
Top Export Markets for Keyboard Electrical Musical Instruments, Other than Accordions from Sweden in 2022:
- United States (26.3K units)
- Germany (8.6K units)
- Norway (7.8K units)
- United Kingdom (4.6K units)
- Netherlands (3.7K units)
- Japan (2.7K units)
- Denmark (2.3K units)
- Canada (2.2K units)
- France (2.0K units)
- Australia (1.9K units)
- China (1.9K units)
- Finland (1.6K units)
- Switzerland (1.3K units)
Imports of Keyboard Electrical Musical Instruments, Other than Accordions in Sweden
In 2022, approx. 49K units of keyboard electrical musical instruments, other than accordionses were imported into Sweden; reducing by -44.8% on 2021. In general, imports saw a dramatic slump. The pace of growth was the most pronounced in 2021 with an increase of 1.7%. Over the period under review, imports of reached the peak figure at 132K 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 dropped to $22M in 2022. The total import value increased at an average annual rate of +1.8% over the period from 2019 to 2022; however, the trend pattern remained consistent, with somewhat noticeable fluctuations in certain years. The most prominent rate of growth was recorded in 2020 with an increase of 14% against the previous year. Over the period under review, imports of attained the peak figure at $25M in 2021, and then fell in the following year.
| Import of Keyboard Electrical Musical Instruments, Other than Accordions in Sweden (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 5.9 | 7.8 | 9.4 | 7.9 | 10.2% |
| China | 7.1 | 7.5 | 8.5 | 6.4 | -3.4% |
| Estonia | N/A | 1.5 | 1.9 | 1.5 | 0.0% |
| Poland | N/A | N/A | 0.1 | 1.0 | 900.0% |
| Belgium | 0.3 | 0.4 | 1.0 | 0.8 | 38.7% |
| Vietnam | 0.5 | 0.6 | 0.4 | 0.4 | -7.2% |
| Spain | N/A | 0.6 | 0.4 | 0.4 | -18.4% |
| Hong Kong SAR | 0.3 | 0.5 | 0.8 | 0.3 | 0.0% |
| United Kingdom | 1.2 | 1.9 | 0.2 | 0.2 | -45.0% |
| Malaysia | 2.5 | 0.2 | 0.2 | 0.1 | -65.8% |
| Others | 2.7 | 2.2 | 2.0 | 2.7 | 0.0% |
| Total | 20.4 | 23.3 | 25.0 | 21.6 | 1.9% |
Top Suppliers of Keyboard Electrical Musical Instruments, Other than Accordions to Sweden in 2022:
- China (21.9K units)
- Germany (8.1K units)
- Hong Kong SAR (4.1K units)
- Poland (2.4K units)
- Vietnam (2.2K units)
- Estonia (2.1K units)
- Malaysia (2.1K units)
- Belgium (1.5K units)
- Spain (1.3K units)
- United Kingdom (0.3K units)
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This report provides an in-depth analysis of the electrical musical instrument market in Sweden.
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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 Sweden.
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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.
