Price for Non-Keyboard Electrical Musical Instruments in Saudi Arabia - 2021
Contents:
- Price for Non-Keyboard Electrical Musical Instruments in Saudi Arabia (CIF) - 2022
- Imports of Non-Keyboard Electrical Musical Instruments in Saudi Arabia
Price for Non-Keyboard Electrical Musical Instruments in Saudi Arabia (CIF) - 2022
The average non-keyboard electrical musical instruments import price stood at $369 per unit in 2022, reducing by -6.7% against the previous year. Over the period under review, the import price, however, recorded strong growth. The growth pace was the most rapid in 2018 an increase of 17% against the previous year. The import price peaked at $395 per unit in 2021, and then declined in the following year.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from Germany ($414 per unit) and the United States ($380 per unit), while the price for China ($357 per unit) and Indonesia ($360 per unit) were amongst the lowest.
From 2013 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+7.7%), while the prices for the other major suppliers experienced more modest paces of growth.
Imports of Non-Keyboard Electrical Musical Instruments in Saudi Arabia
In 2022, after two years of decline, there was significant growth in supplies from abroad of non-keyboard electrical musical instrumentses, when their volume increased by 16% to 1.2K units. In general, imports, however, continue to indicate a deep contraction. Imports peaked at 1.5K units in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.
In value terms, non-keyboard electrical musical instruments imports reached $447K in 2022. Overall, imports, however, saw a relatively flat trend pattern. Imports peaked at $480K in 2020; however, from 2021 to 2022, imports failed to regain momentum.
| Import of Non-Keyboard Electrical Musical Instruments in Saudi Arabia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 155 | 146 | 106 | 142 | -2.9% |
| United States | 121 | 81.7 | 108 | 115 | -1.7% |
| Indonesia | 86.5 | 107 | 69.8 | 92.1 | 2.1% |
| Malaysia | 24.5 | 81.9 | 41.3 | 51.6 | 28.2% |
| Germany | 9.5 | 40.7 | 31.1 | 33.1 | 51.6% |
| Mexico | 8.6 | 9.7 | 4.4 | 7.9 | -2.8% |
| United Kingdom | 38.1 | N/A | 11.8 | N/A | -44.3% |
| Others | 9.0 | 13.4 | 41.3 | 5.1 | -17.2% |
| Total | 452 | 480 | 414 | 447 | -0.4% |
Top Suppliers of Non-Keyboard Electrical Musical Instruments to Saudi Arabia in 2022:
- China (398.0 units)
- United States (302.0 units)
- Indonesia (256.0 units)
- Malaysia (140.0 units)
- Germany (80.0 units)
- Mexico (22.0 units)
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This report provides an in-depth analysis of the electrical musical instrument market in Saudi Arabia.
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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 Saudi Arabia.
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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.
