Price for Keyboard Electrical Musical Instruments, Other than Accordions in France - 2023

Contents:

  1. Price for Keyboard Electrical Musical Instruments, Other than Accordions in France (CIF) - 2023
  2. Price for Keyboard Electrical Musical Instruments, Other than Accordions in France (FOB) - 2023
  3. Imports of Keyboard Electrical Musical Instruments, Other than Accordions in France
  4. Exports of Keyboard Electrical Musical Instruments, Other than Accordions in France

Price for Keyboard Electrical Musical Instruments, Other than Accordions in France (CIF) - 2023

In December 2023, the average import price for keyboard electrical musical instruments, other than accordionses amounted to $408 per unit, surging by 31% against the previous month. Over the period under review, the import price, however, showed a mild contraction. The most prominent rate of growth was recorded in June 2023 an increase of 40% month-to-month. Over the period under review, average import prices attained the maximum at $523 per unit in July 2023; however, from August 2023 to December 2023, import prices remained at a lower figure.

Prices varied noticeably by the country of origin: the country with the highest price was Indonesia ($923 per unit), while the price for China totaled $295 per unit.

From December 2022 to December 2023, the most notable rate of growth in terms of prices was attained by Germany (+3.0%), while the prices for the other major suppliers experienced mixed trend patterns.

Price for Keyboard Electrical Musical Instruments, Other than Accordions in France (FOB) - 2023

The average export price for keyboard electrical musical instruments, other than accordionses stood at $476 per unit in December 2023, shrinking by -2.2% against the previous month. In general, export price indicated a notable increase from December 2022 to December 2023: its price increased at an average monthly rate of +2.5% over the last twelve months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on December 2023 figures, export price for keyboard electrical musical instruments, other than accordionses increased by +21.8% against October 2023 indices. The growth pace was the most rapid in March 2023 when the average export price increased by 71% m-o-m. The export price peaked at $594 per unit in July 2023; however, from August 2023 to December 2023, the export prices failed to regain momentum.

There were significant differences in the average prices for the major external markets. In December 2023, the country with the highest price was the United States ($2,064 per unit), while the average price for exports to Israel ($70.4 per unit) was amongst the lowest.

From December 2022 to December 2023, the most notable rate of growth in terms of prices was recorded for supplies to Georgia (+27.1%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Keyboard Electrical Musical Instruments, Other than Accordions in France

After three years of growth, overseas purchases of keyboard electrical musical instruments, other than accordionses decreased by -19.5% to 247K units in 2022. Overall, total imports indicated strong growth from 2019 to 2022: its volume increased at an average annual rate of +8.2% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2020 when imports increased by 42% against the previous year. Imports peaked at 307K units in 2021, and then dropped rapidly in the following year.

In value terms, imports of keyboard electrical musical instruments, other than accordionses reduced to $103M in 2022. The total import value increased at an average annual rate of +5.5% over the period from 2019 to 2022; however, the trend pattern remained consistent, with only minor fluctuations being observed in certain years. The pace of growth was the most pronounced in 2020 with an increase of 16%. Imports peaked at $111M in 2021, and then shrank in the following year.

Import of Keyboard Electrical Musical Instruments, Other than Accordions in France (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China34.833.335.433.6-1.2%
Germany16.334.133.726.818.0%
Indonesia20.315.422.024.76.8%
Belgium1.72.67.22.818.1%
India0.20.20.92.0115.4%
Netherlands1.31.81.51.913.5%
Spain0.61.11.41.018.6%
Vietnam0.71.01.00.70.0%
United Kingdom0.84.30.20.1-50.0%
Others10.88.18.19.2-5.2%
Total87.61021111035.5%

Top Suppliers of Keyboard Electrical Musical Instruments, Other than Accordions to France in 2022:

  1. China (135.2K units)
  2. Germany (42.6K units)
  3. Indonesia (28.5K units)
  4. Vietnam (5.8K units)
  5. Netherlands (5.3K units)
  6. India (4.9K units)
  7. Belgium (4.9K units)
  8. Spain (3.8K units)
  9. United Kingdom (1.0K units)

Exports of Keyboard Electrical Musical Instruments, Other than Accordions in France

In 2022, after three years of growth, there was significant decline in overseas shipments of keyboard electrical musical instruments, other than accordionses, when their volume decreased by -16.4% to 88K units. In general, total exports indicated a buoyant increase from 2019 to 2022: its volume increased at an average annual rate of +16.3% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2020 when exports increased by 73% against the previous year. Over the period under review, the exports of hit record highs at 105K units in 2021, and then declined notably in the following year.

In value terms, exports of keyboard electrical musical instruments, other than accordionses declined markedly to $34M in 2022. The total export value increased at an average annual rate of +1.4% from 2019 to 2022; however, the trend pattern remained relatively stable, with somewhat noticeable fluctuations in certain years. The growth pace was the most rapid in 2020 when exports increased by 19%. The exports peaked at $40M in 2021, and then fell remarkably in the following year.

Export of Keyboard Electrical Musical Instruments, Other than Accordions in France (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Italy11.711.311.59.3-7.4%
Spain8.08.18.17.8-0.8%
Germany3.36.06.55.417.8%
Portugal2.62.82.93.27.2%
Netherlands2.23.03.42.42.9%
United Kingdom1.52.52.01.3-4.7%
Belgium0.71.11.11.219.7%
Poland0.20.50.80.644.2%
Sweden0.40.81.00.57.7%
Morocco0.20.30.30.314.5%
Slovakia0.30.50.40.30.0%
TurkeyN/A0.10.10.241.4%
Others1.61.92.41.84.0%
Total32.939.040.434.31.4%

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

  1. Germany (19.6K units)
  2. Italy (18.1K units)
  3. Spain (15.5K units)
  4. Netherlands (5.5K units)
  5. Belgium (5.0K units)
  6. Portugal (3.8K units)
  7. Poland (3.8K units)
  8. United Kingdom (3.4K units)
  9. Sweden (2.7K units)
  10. Morocco (1.8K units)
  11. Slovakia (1.5K units)
  12. Turkey (1.3K units)

Source: IndexBox Market Intelligence Platform

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Free Data: Musical instruments; keyboard, (other than accordions), the sound of which is produced or must be amplified electrically - France