Price for Non-Keyboard Electrical Musical Instruments in Kazakhstan - 2021

Contents:

1. Price for Non-Keyboard Electrical Musical Instruments in Kazakhstan (CIF) - 2022
2. Price for Non-Keyboard Electrical Musical Instruments in Kazakhstan (FOB) - 2022
3. Imports of Non-Keyboard Electrical Musical Instruments in Kazakhstan
4. Exports of Non-Keyboard Electrical Musical Instruments in Kazakhstan

Price for Non-Keyboard Electrical Musical Instruments in Kazakhstan (CIF) - 2022

In 2022, the average non-keyboard electrical musical instruments import price amounted to $380 per unit, falling by -2.9% against the previous year. Over the period under review, the import price, however, enjoyed prominent growth. The pace of growth appeared the most rapid in 2017 an increase of 46%. The import price peaked at $392 per unit in 2021, and then reduced slightly in the following year.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were Malaysia ($380 per unit) and China ($380 per unit), while the price for the United States ($380 per unit) and Mexico ($380 per unit) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+9.4%), while the prices for the other major suppliers experienced mixed trend patterns.

Price for Non-Keyboard Electrical Musical Instruments in Kazakhstan (FOB) - 2022

In 2022, the average non-keyboard electrical musical instruments export price amounted to $574 per unit, growing by 32% against the previous year. Over the period under review, the export price enjoyed a resilient increase. The pace of growth was the most pronounced in 2020 when the average export price increased by 95% against the previous year. The export price peaked in 2022 and is likely to see gradual growth in years to come.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Uzbekistan ($589 per unit), while the average price for exports to the UK ($170 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 Uzbekistan (+881.0%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Non-Keyboard Electrical Musical Instruments in Kazakhstan

Non-keyboard electrical musical instruments imports into Kazakhstan rose sharply to 4K units in 2022, picking up by 11% compared with 2021. Over the period under review, imports enjoyed significant growth. The pace of growth appeared the most rapid in 2020 with an increase of 107% against the previous year. Over the period under review, imports hit record highs in 2022 and are expected to retain growth in the near future.

In value terms, non-keyboard electrical musical instruments imports rose rapidly to $1.5M in 2022. In general, imports continue to indicate a significant expansion. The growth pace was the most rapid in 2020 when imports increased by 133% against the previous year. Imports peaked in 2022 and are expected to retain growth in the near future.

Top Suppliers of Non-Keyboard Electrical Musical Instruments to Kazakhstan in 2022:

1. China (1391.0 units)
2. Malaysia (986.0 units)
3. Indonesia (841.0 units)
4. Russia (437.0 units)
5. Mexico (177.0 units)
6. United States (76.0 units)

Exports of Non-Keyboard Electrical Musical Instruments in Kazakhstan

For the fourth consecutive year, Kazakhstan recorded growth in overseas shipments of non-keyboard electrical musical instrumentses, which increased by 135% to 47 units in 2022. In general, exports posted a significant expansion. The most prominent rate of growth was recorded in 2020 when exports increased by 200%. Over the period under review, the exports attained the maximum in 2022 and are likely to continue growth in the near future.

In value terms, non-keyboard electrical musical instruments exports surged to $27K in 2022. Over the period under review, exports posted a significant expansion. The pace of growth was the most pronounced in 2020 when exports increased by 485%. The exports peaked in 2022 and are expected to retain growth in years to come.

Top Export Markets for Non-Keyboard Electrical Musical Instruments from Kazakhstan in 2022:

1. Uzbekistan (33.0 units)
2. Latvia (11.0 units)
3. Russia (2.0 units)
4. United Kingdom (1.0 units)

Source: IndexBox Market Intelligence Platform