Price for Non-Keyboard Electrical Musical Instruments in Chile - 2023
Contents:
- Price for Non-Keyboard Electrical Musical Instruments in Chile (CIF) - 2022
- Price for Non-Keyboard Electrical Musical Instruments in Chile (FOB) - 2022
- Imports of Non-Keyboard Electrical Musical Instruments in Chile
- Exports of Non-Keyboard Electrical Musical Instruments in Chile
Price for Non-Keyboard Electrical Musical Instruments in Chile (CIF) - 2022
In 2022, the average non-keyboard electrical musical instruments import price amounted to $131 per unit, dropping by -5.1% against the previous year. Over the period under review, the import price, however, recorded modest growth. The pace of growth was the most pronounced in 2017 when the average import price increased by 63% against the previous year. As a result, import price reached the peak level of $191 per unit. From 2018 to 2022, the average import prices remained 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 Indonesia ($228 per unit), while the price for China ($94 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+0.4%), while the prices for the other major suppliers experienced a decline.
Price for Non-Keyboard Electrical Musical Instruments in Chile (FOB) - 2022
In 2022, the average non-keyboard electrical musical instruments export price amounted to $720 per unit, increasing by 11% against the previous year. Overall, the export price recorded resilient growth. The growth pace was the most rapid in 2014 an increase of 224% against the previous year. Over the period under review, the average export prices hit record highs at $2,485 per unit in 2016; however, from 2017 to 2022, the export prices stood at a somewhat lower figure.
Average prices varied noticeably for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Paraguay ($714 per unit), while the average price for exports to Bolivia ($711 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 Paraguay (+7.3%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Non-Keyboard Electrical Musical Instruments in Chile
In 2022, purchases abroad of non-keyboard electrical musical instrumentses decreased by -7.8% to 115K units for the first time since 2018, thus ending a three-year rising trend. Over the period under review, imports, however, posted a significant expansion. The pace of growth appeared the most rapid in 2021 when imports increased by 111% against the previous year. As a result, imports attained the peak of 125K units, and then declined in the following year.
In value terms, non-keyboard electrical musical instruments imports declined to $15M in 2022. In general, imports, however, showed significant growth. The most prominent rate of growth was recorded in 2021 when imports increased by 124% against the previous year. As a result, imports reached the peak of $17M, and then fell in the following year.
| Import of Non-Keyboard Electrical Musical Instruments in Chile (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 2.1 | 3.6 | 8.3 | 7.7 | 54.2% |
| Indonesia | 0.6 | 1.1 | 2.6 | 2.7 | 65.1% |
| United States | 1.4 | 1.2 | 2.9 | 2.0 | 12.6% |
| Others | 2.0 | 1.8 | 3.6 | 2.7 | 10.5% |
| Total | 6.1 | 7.7 | 17.3 | 15.1 | 35.3% |
Top Suppliers of Non-Keyboard Electrical Musical Instruments to Chile in 2022:
- China (81.8K units)
- United States (13.5K units)
- Indonesia (12.0K units)
Exports of Non-Keyboard Electrical Musical Instruments in Chile
In 2022, after two years of decline, there was significant growth in shipments abroad of non-keyboard electrical musical instrumentses, when their volume increased by 35% to 2K units. In general, exports, however, recorded a precipitous curtailment. Over the period under review, the exports attained the peak figure at 4.2K units in 2019; however, from 2020 to 2022, the exports remained at a lower figure.
In value terms, non-keyboard electrical musical instruments exports skyrocketed to $1.5M in 2022. Over the period under review, exports, however, showed a deep reduction. Over the period under review, the exports attained the maximum at $2.1M in 2019; however, from 2020 to 2022, the exports failed to regain momentum.
| Export of Non-Keyboard Electrical Musical Instruments in Chile (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Peru | 105 | 602 | 511 | 724 | 90.3% |
| Bolivia | 1,742 | 400 | 358 | 474 | -35.2% |
| Paraguay | 196 | 112 | 91.6 | 238 | 6.7% |
| Others | 72.7 | 4.0 | 17.2 | 31.9 | -24.0% |
| Total | 2,115 | 1,118 | 977 | 1,468 | -11.5% |
Top Export Markets for Non-Keyboard Electrical Musical Instruments from Chile in 2022:
- Peru (1018.0 units)
- Bolivia (666.0 units)
- Paraguay (334.0 units)
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This report provides an in-depth analysis of the electrical musical instrument market in Chile.
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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 Chile.
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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.
