Price for Non-Keyboard Electrical Musical Instruments in Denmark - 2023
Contents:
- Price for Non-Keyboard Electrical Musical Instruments in Denmark (CIF) - 2022
- Price for Non-Keyboard Electrical Musical Instruments in Denmark (FOB) - 2022
- Imports of Non-Keyboard Electrical Musical Instruments in Denmark
- Exports of Non-Keyboard Electrical Musical Instruments in Denmark
Price for Non-Keyboard Electrical Musical Instruments in Denmark (CIF) - 2022
In 2022, the average non-keyboard electrical musical instruments import price amounted to $299 per unit, with an increase of 3.6% against the previous year. Over the period under review, the import price, however, recorded a perceptible decrease. The most prominent rate of growth was recorded in 2017 an increase of 23% against the previous year. The import price peaked at $454 per unit in 2013; however, from 2014 to 2022, import prices stood at a somewhat lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($398 per unit), while the price for Sweden ($257 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Belgium (+11.0%), while the prices for the other major suppliers experienced a decline.
Price for Non-Keyboard Electrical Musical Instruments in Denmark (FOB) - 2022
In 2022, the average non-keyboard electrical musical instruments export price amounted to $792 per unit, picking up by 18% against the previous year. In general, the export price recorded a buoyant expansion. The most prominent rate of growth was recorded in 2020 an increase of 216%. Over the period under review, the average export prices hit record highs in 2022 and is expected to retain growth in the near future.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Hong Kong SAR ($1,951 per unit), while the average price for exports to Sweden ($107 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 Hong Kong SAR (+154.3%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Non-Keyboard Electrical Musical Instruments in Denmark
In 2022, the amount of non-keyboard electrical musical instrumentses imported into Denmark reduced to 24K units, dropping by -13.9% on the year before. In general, imports faced a deep setback. The pace of growth appeared the most rapid in 2021 with an increase of 8.1% against the previous year. Imports peaked at 44K units in 2019; however, from 2020 to 2022, imports failed to regain momentum.
In value terms, non-keyboard electrical musical instruments imports contracted to $7.3M in 2022. Over the period under review, imports continue to indicate a abrupt curtailment. The pace of growth appeared the most rapid in 2021 when imports increased by 23%. Over the period under review, imports hit record highs at $9.4M in 2019; however, from 2020 to 2022, imports failed to regain momentum.
| Import of Non-Keyboard Electrical Musical Instruments in Denmark (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 1,878 | 3,058 | 4,507 | 3,931 | 27.9% |
| Sweden | 3,940 | 1,361 | 2,361 | 1,842 | -22.4% |
| United States | 242 | 217 | 321 | 248 | 0.8% |
| Belgium | 1.4 | N/A | N/A | 240 | 455.5% |
| South Korea | 97.1 | 67.3 | 192 | 185 | 24.0% |
| Netherlands | 66.1 | N/A | 2.1 | 161 | 34.5% |
| China | 250 | 168 | 177 | 149 | -15.8% |
| Indonesia | 225 | 448 | 278 | 56.8 | -36.8% |
| United Kingdom | 2,359 | 1,086 | 46.6 | 51.9 | -72.0% |
| Others | 345 | 238 | 266 | 408 | 5.7% |
| Total | 9,404 | 6,643 | 8,151 | 7,272 | -8.2% |
Top Suppliers of Non-Keyboard Electrical Musical Instruments to Denmark in 2022:
- Germany (12.9K units)
- Sweden (7.2K units)
- Belgium (0.7K units)
- United States (0.6K units)
- Netherlands (0.5K units)
- China (0.5K units)
- South Korea (0.5K units)
- Indonesia (0.1K units)
- United Kingdom (0.1K units)
Exports of Non-Keyboard Electrical Musical Instruments in Denmark
In 2022, exports of non-keyboard electrical musical instrumentses from Denmark fell dramatically to 2.2K units, waning by -56.3% on the year before. In general, exports saw a precipitous decline. The pace of growth was the most pronounced in 2021 with an increase of 1.5%. The exports peaked at 13K units in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.
In value terms, non-keyboard electrical musical instruments exports reduced markedly to $1.8M in 2022. Overall, exports saw a abrupt descent. The most prominent rate of growth was recorded in 2021 when exports increased by 27% against the previous year. As a result, the exports reached the peak of $3.4M, and then dropped dramatically in the following year.
| Export of Non-Keyboard Electrical Musical Instruments in Denmark (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Hong Kong SAR | 389 | 617 | 988 | 812 | 27.8% |
| Germany | 808 | 1,255 | 1,353 | 553 | -11.9% |
| Norway | 394 | 162 | 228 | 113 | -34.1% |
| United Kingdom | N/A | N/A | 110 | 105 | -4.5% |
| United States | 48.8 | 86.0 | 133 | 70.5 | 13.0% |
| Switzerland | 89.7 | 325 | 406 | 52.8 | -16.2% |
| Greenland | 23.5 | 43.7 | 12.7 | 16.6 | -10.9% |
| Faroe Islands | 276 | 50.9 | 6.3 | 3.1 | -77.6% |
| Others | 133 | 150 | 184 | 46.0 | -29.8% |
| Total | 2,162 | 2,690 | 3,421 | 1,772 | -6.4% |
Top Export Markets for Non-Keyboard Electrical Musical Instruments from Denmark in 2022:
- Germany (1080.0 units)
- Hong Kong SAR (416.0 units)
- Norway (370.0 units)
- United Kingdom (91.0 units)
- Switzerland (82.0 units)
- Greenland (48.0 units)
- United States (46.0 units)
- Faroe Islands (27.0 units)
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This report provides an in-depth analysis of the electrical musical instrument market in Denmark.
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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 Denmark.
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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.
