Price for Keyboard Electrical Musical Instruments, Other than Accordions in the Dominican Republic - 2023

Contents:

1. Price for Keyboard Electrical Musical Instruments, Other than Accordions in the Dominican Republic (CIF) - 2022
2. Price for Keyboard Electrical Musical Instruments, Other than Accordions in the Dominican Republic (FOB) - 2022
3. Imports of Keyboard Electrical Musical Instruments, Other than Accordions in the Dominican Republic
4. Exports of Keyboard Electrical Musical Instruments, Other than Accordions in the Dominican Republic

Price for Keyboard Electrical Musical Instruments, Other than Accordions in the Dominican Republic (CIF) - 2022

In 2022, the average import price for keyboard electrical musical instruments, other than accordionses amounted to $170 per unit, remaining relatively unchanged against the previous year. In general, the import price, however, faced a abrupt setback. The most prominent rate of growth was recorded in 2020 an increase of 29% against the previous year. Over the period under review, average import prices hit record highs at $654 per unit in 2013; however, from 2014 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 the Netherlands ($401 per unit), while the price for China ($123 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Panama (-6.3%), while the prices for the other major suppliers experienced a decline.

Price for Keyboard Electrical Musical Instruments, Other than Accordions in the Dominican Republic (FOB) - 2022

The average export price for keyboard electrical musical instruments, other than accordionses stood at $206 per unit in 2022, jumping by 100% against the previous year. Overall, the export price, however, showed a abrupt decline. The most prominent rate of growth was recorded in 2017 an increase of 683%. As a result, the export price reached the peak level of $483 per unit. From 2018 to 2022, the average export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Guatemala ($359 per unit), while the average price for exports to Costa Rica ($33 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 Jamaica (+3,210.7%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Keyboard Electrical Musical Instruments, Other than Accordions in the Dominican Republic

In 2022, approx. 1.3K units of keyboard electrical musical instruments, other than accordionses were imported into the Dominican Republic; declining by -23.6% compared with the year before. Over the period under review, imports saw a abrupt shrinkage. The most prominent rate of growth was recorded in 2021 when imports increased by 182%. As a result, imports reached the peak of 1.7K units, and then declined significantly in the following year.

In value terms, imports of keyboard electrical musical instruments, other than accordionses shrank sharply to $227K in 2022. Overall, imports showed a perceptible curtailment. The pace of growth appeared the most rapid in 2021 when imports increased by 152%. As a result, imports reached the peak of $296K, and then shrank dramatically in the following year.

Top Suppliers of Keyboard Electrical Musical Instruments, Other than Accordions to the Dominican Republic in 2022:

1. China (1065.0 units)
2. Panama (145.0 units)
3. Indonesia (62.0 units)
4. Netherlands (30.0 units)

Exports of Keyboard Electrical Musical Instruments, Other than Accordions in the Dominican Republic

After two years of decline, overseas shipments of keyboard electrical musical instruments, other than accordionses increased by 33% to 4 units in 2022. Over the period under review, exports, however, faced a sharp reduction. Over the period under review, the exports of reached the peak figure at 8 units in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

In value terms, exports of keyboard electrical musical instruments, other than accordionses surged to $822 in 2022. In general, exports, however, recorded a precipitous contraction. The exports peaked at $3K in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

Top Export Markets for Keyboard Electrical Musical Instruments, Other than Accordions from the Dominican Republic in 2022:

1. United States (1.0 units)
2. Guatemala (1.0 units)
3. Costa Rica (1.0 units)
4. Spain (1.0 units)

Source: IndexBox Market Intelligence Platform