Price for Keyboard Electrical Musical Instruments, Other than Accordions in Greece - 2023
Contents:
- Price for Keyboard Electrical Musical Instruments, Other than Accordions in Greece (CIF) - 2022
- Price for Keyboard Electrical Musical Instruments, Other than Accordions in Greece (FOB) - 2022
- Imports of Keyboard Electrical Musical Instruments, Other than Accordions in Greece
- Exports of Keyboard Electrical Musical Instruments, Other than Accordions in Greece
Price for Keyboard Electrical Musical Instruments, Other than Accordions in Greece (CIF) - 2022
In 2022, the average import price for keyboard electrical musical instruments, other than accordionses amounted to $409 per unit, increasing by 7.9% against the previous year. Over the period under review, the import price, however, showed a deep setback. The pace of growth appeared the most rapid in 2021 when the average import price increased by 31%. The import price peaked at $778 per unit in 2013; however, from 2014 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 ($1,306 per unit), while the price for Hong Kong SAR ($204 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the UK (+14.0%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Keyboard Electrical Musical Instruments, Other than Accordions in Greece (FOB) - 2022
In 2022, the average export price for keyboard electrical musical instruments, other than accordionses amounted to $935 per unit, shrinking by -17% against the previous year. Overall, the export price, however, continues to indicate tangible growth. The most prominent rate of growth was recorded in 2020 when the average export price increased by 93% against the previous year. As a result, the export price attained the peak level of $1,142 per unit. From 2021 to 2022, the average export prices failed to regain momentum.
There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was the UK ($3,749 per unit), while the average price for exports to Cyprus ($460 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 Slovakia (+52.9%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Keyboard Electrical Musical Instruments, Other than Accordions in Greece
In 2022, supplies from abroad of keyboard electrical musical instruments, other than accordionses decreased by -4.9% to 8.9K units, falling for the second consecutive year after two years of growth. In general, total imports indicated a remarkable increase from 2019 to 2022: its volume increased at an average annual rate of +12.0% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by -11.5% against 2020 indices. The most prominent rate of growth was recorded in 2020 with an increase of 59%. As a result, imports reached the peak of 10K units. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.
In value terms, imports of keyboard electrical musical instruments, other than accordionses expanded slightly to $3.6M in 2022. The total import value increased at an average annual rate of +6.9% from 2019 to 2022; however, the trend pattern remained consistent, with somewhat noticeable fluctuations being observed in certain years. The most prominent rate of growth was recorded in 2021 with an increase of 22%. Imports peaked in 2022 and are expected to retain growth in the immediate term.
| Import of Keyboard Electrical Musical Instruments, Other than Accordions in Greece (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 1,722 | 1,795 | 2,057 | 1,970 | 4.6% |
| China | 353 | 381 | 509 | 587 | 18.5% |
| Belgium | 98.6 | 192 | 198 | 342 | 51.4% |
| Japan | 166 | 91.1 | 91.1 | 79.8 | -21.7% |
| Netherlands | 94.5 | 6.1 | 28.0 | 68.7 | -10.1% |
| Hong Kong SAR | N/A | N/A | 74.7 | 63.7 | -14.7% |
| South Korea | 81.6 | 50.4 | 47.9 | 57.8 | -10.9% |
| Others | 460 | 397 | 536 | 467 | 0.5% |
| Total | 2,976 | 2,912 | 3,542 | 3,636 | 6.9% |
Top Suppliers of Keyboard Electrical Musical Instruments, Other than Accordions to Greece in 2022:
- Germany (4.3K units)
- China (2.5K units)
- Belgium (0.7K units)
- Hong Kong SAR (0.3K units)
- Netherlands (0.2K units)
- Japan (0.2K units)
- South Korea (0.2K units)
Exports of Keyboard Electrical Musical Instruments, Other than Accordions in Greece
Exports of keyboard electrical musical instruments, other than accordionses from Greece fell markedly to 717 units in 2022, with a decrease of -32.6% compared with 2021 figures. In general, exports saw a abrupt slump. The pace of growth appeared the most rapid in 2021 with an increase of 60%. As a result, the exports attained the peak of 1.1K units, and then fell significantly in the following year.
In value terms, exports of keyboard electrical musical instruments, other than accordionses plummeted to $671K in 2022. Overall, exports, however, saw a notable expansion. The pace of growth appeared the most rapid in 2021 with an increase of 58% against the previous year. As a result, the exports attained the peak of $1.2M, and then shrank remarkably in the following year.
| Export of Keyboard Electrical Musical Instruments, Other than Accordions in Greece (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Cyprus | 104 | 147 | 212 | 267 | 36.9% |
| Germany | 175 | 266 | 749 | 215 | 7.1% |
| United Kingdom | 124 | 167 | 19.6 | 22.5 | -43.4% |
| United States | 95.7 | 72.2 | 11.7 | 9.9 | -53.1% |
| Slovakia | 0.2 | 5.8 | 10.9 | 8.0 | 242.0% |
| Italy | 14.9 | 12.7 | 39.6 | 6.3 | -24.9% |
| Others | 76.9 | 90.4 | 155 | 143 | 23.0% |
| Total | 591 | 760 | 1,198 | 671 | 4.3% |
Top Export Markets for Keyboard Electrical Musical Instruments, Other than Accordions from Greece in 2022:
- Cyprus (580.0 units)
- Germany (60.0 units)
- Slovakia (11.0 units)
- United Kingdom (6.0 units)
- United States (3.0 units)
- Italy (3.0 units)
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This report provides an in-depth analysis of the electrical musical instrument market in Greece.
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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.
