Price for Keyboard Electrical Musical Instruments, Other than Accordions in Finland - 2023
Contents:
- Price for Keyboard Electrical Musical Instruments, Other than Accordions in Finland (CIF) - 2022
- Price for Keyboard Electrical Musical Instruments, Other than Accordions in Finland (FOB) - 2022
- Imports of Keyboard Electrical Musical Instruments, Other than Accordions in Finland
- Exports of Keyboard Electrical Musical Instruments, Other than Accordions in Finland
Price for Keyboard Electrical Musical Instruments, Other than Accordions in Finland (CIF) - 2022
In 2022, the average import price for keyboard electrical musical instruments, other than accordionses amounted to $446 per unit, reducing by -7.7% against the previous year. Overall, the import price, however, continues to indicate slight growth. The most prominent rate of growth was recorded in 2018 when the average import price increased by 24% against the previous year. The import price peaked at $576 per unit in 2019; however, from 2020 to 2022, import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Denmark ($876 per unit), while the price for Hong Kong SAR ($206 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Vietnam (+14.8%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Keyboard Electrical Musical Instruments, Other than Accordions in Finland (FOB) - 2022
In 2022, the average export price for keyboard electrical musical instruments, other than accordionses amounted to $1,367 per unit, flattening at the previous year. Overall, the export price, however, showed a strong increase. The pace of growth was the most pronounced in 2019 an increase of 80%. Over the period under review, the average export prices reached the maximum at $1,406 per unit in 2020; afterwards, it flattened through to 2022.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Lithuania ($1,929 per unit), while the average price for exports to China ($239 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 the UK (+221.8%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Keyboard Electrical Musical Instruments, Other than Accordions in Finland
In 2022, after three years of growth, there was decline in overseas purchases of keyboard electrical musical instruments, other than accordionses, when their volume decreased by -0.8% to 20K units. The total import volume increased at an average annual rate of +9.3% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2020 with an increase of 22% against the previous year. Over the period under review, imports of hit record highs at 20K units in 2021, and then shrank in the following year.
In value terms, imports of keyboard electrical musical instruments, other than accordionses declined to $9M in 2022. In general, imports, however, continue to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 when imports increased by 11% against the previous year. As a result, imports attained the peak of $9.8M, and then declined in the following year.
| Import of Keyboard Electrical Musical Instruments, Other than Accordions in Finland (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Sweden | 1.7 | 3.6 | 4.4 | 3.5 | 27.2% |
| Germany | 3.2 | 2.9 | 2.1 | 2.7 | -5.5% |
| Indonesia | 1.6 | 0.7 | 1.0 | 0.5 | -32.1% |
| Belgium | 0.1 | 0.3 | 0.3 | 0.5 | 71.0% |
| Hong Kong SAR | 0.1 | N/A | N/A | 0.5 | 71.0% |
| Denmark | 0.4 | 0.3 | 0.5 | 0.4 | 0.0% |
| China | 0.9 | 0.5 | 1.0 | 0.2 | -39.4% |
| United Kingdom | N/A | 0.2 | N/A | N/A | 0% |
| Others | 0.9 | 0.3 | 0.5 | 0.6 | -12.6% |
| Total | 8.9 | 8.9 | 9.8 | 9.0 | 0.4% |
Top Suppliers of Keyboard Electrical Musical Instruments, Other than Accordions to Finland in 2022:
- Germany (7.5K units)
- Sweden (6.6K units)
- Hong Kong SAR (2.6K units)
- China (0.7K units)
- Indonesia (0.6K units)
- Belgium (0.6K units)
- Denmark (0.5K units)
- United Kingdom (0.1K units)
Exports of Keyboard Electrical Musical Instruments, Other than Accordions in Finland
In 2022, exports of keyboard electrical musical instruments, other than accordionses from Finland dropped remarkably to 332 units, waning by -25.1% on the previous year. Overall, exports saw a deep slump. The most prominent rate of growth was recorded in 2021 with an increase of 18%. The exports peaked at 609 units in 2019; however, from 2020 to 2022, the exports remained at a lower figure.
In value terms, exports of keyboard electrical musical instruments, other than accordionses fell significantly to $454K in 2022. In general, exports showed a abrupt decline. The pace of growth was the most pronounced in 2021 when exports increased by 16% against the previous year. The exports peaked at $633K in 2019; however, from 2020 to 2022, the exports remained at a lower figure.
| Export of Keyboard Electrical Musical Instruments, Other than Accordions in Finland (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Kingdom | N/A | N/A | 3.2 | 112 | 3400.0% |
| Russia | 531 | 449 | 435 | 80.7 | -46.6% |
| Kyrgyzstan | N/A | N/A | N/A | 57.5 | 0% |
| Norway | 40.7 | 34.9 | 62.3 | 43.5 | 2.2% |
| Kazakhstan | N/A | N/A | N/A | 40.4 | 0% |
| Lithuania | N/A | N/A | N/A | 36.6 | 0% |
| Estonia | 3.4 | 9.7 | 31.9 | 34.2 | 115.9% |
| United States | 36.7 | 11.6 | 51.7 | 20.1 | -18.2% |
| Latvia | 3.6 | 1.3 | 2.1 | 10.4 | 42.4% |
| Czech Republic | N/A | N/A | N/A | 7.8 | 0% |
| China | 2.4 | N/A | N/A | 4.5 | 23.3% |
| Japan | 2.2 | 0.6 | 0.1 | N/A | -78.7% |
| Tunisia | N/A | 10.5 | N/A | N/A | 0% |
| Others | 12.8 | 12.8 | 26.1 | 5.8 | -23.2% |
| Total | 633 | 530 | 613 | 454 | -10.5% |
Top Export Markets for Keyboard Electrical Musical Instruments, Other than Accordions from Finland in 2022:
- Russia (80.0 units)
- United Kingdom (65.0 units)
- Estonia (38.0 units)
- Kyrgyzstan (34.0 units)
- Kazakhstan (24.0 units)
- Lithuania (19.0 units)
- Latvia (19.0 units)
- China (19.0 units)
- United States (16.0 units)
- Czech Republic (5.0 units)
- Norway (5.0 units)
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