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

Contents:

  1. Price for Keyboard Electrical Musical Instruments, Other than Accordions in Croatia (CIF) - 2023
  2. Price for Keyboard Electrical Musical Instruments, Other than Accordions in Croatia (FOB) - 2022
  3. Imports of Keyboard Electrical Musical Instruments, Other than Accordions in Croatia
  4. Exports of Keyboard Electrical Musical Instruments, Other than Accordions in Croatia

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

The average import price for keyboard electrical musical instruments, other than accordionses stood at $373 per unit in December 2023, which is down by -23.8% against the previous month. In general, the import price, however, showed a relatively flat trend pattern. The growth pace was the most rapid in September 2023 when the average import price increased by 47% against the previous month. As a result, import price attained the peak level of $548 per unit. From October 2023 to December 2023, the average import prices remained at a lower figure.

Prices varied noticeably by the country of origin: the country with the highest price was Indonesia ($605 per unit), while the price for China stood at $332 per unit.

From December 2022 to December 2023, the most notable rate of growth in terms of prices was attained by Belgium (+9.1%), while the prices for the other major suppliers experienced more modest paces of growth.

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

In 2022, the average export price for keyboard electrical musical instruments, other than accordionses amounted to $370 per unit, which is down by -16.6% against the previous year. In general, the export price, however, posted buoyant growth. The pace of growth was the most pronounced in 2013 when the average export price increased by 152% against the previous year. Over the period under review, the average export prices reached the maximum at $496 per unit in 2020; however, from 2021 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was North Macedonia ($572 per unit), while the average price for exports to Bosnia and Herzegovina ($51 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 North Macedonia (+33.8%), while the prices for the other major destinations experienced more modest paces of growth.

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

Imports of keyboard electrical musical instruments, other than accordionses into Croatia fell to 5.8K units in 2022, waning by -12.4% on 2021 figures. Over the period under review, imports continue to indicate a perceptible shrinkage. The growth pace was the most rapid in 2021 with an increase of 3.9% against the previous year. Over the period under review, imports of attained the maximum at 6.7K units in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

In value terms, imports of keyboard electrical musical instruments, other than accordionses fell to $2.2M in 2022. Overall, imports saw a pronounced reduction. The pace of growth appeared the most rapid in 2021 with an increase of 4.3%. Over the period under review, imports of reached the maximum at $2.4M in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

Import of Keyboard Electrical Musical Instruments, Other than Accordions in Croatia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Austria825591705771-2.2%
Germany32933544656619.8%
Slovenia4616266244700.6%
China221187170133-15.6%
Belgium1261551331301.0%
Indonesia89.071.866.372.5-6.6%
Slovakia2191741140.1-92.3%
Others16817215381.6-21.4%
Total2,4382,3122,4122,223-3.0%

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

  1. Slovenia (2230.0 units)
  2. Germany (1390.0 units)
  3. Austria (955.0 units)
  4. China (724.0 units)
  5. Belgium (241.0 units)
  6. Indonesia (102.0 units)
  7. Slovakia (1.0 units)

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

In 2022, exports of keyboard electrical musical instruments, other than accordionses from Croatia shrank notably to 341 units, which is down by -16% on the previous year. Overall, exports recorded a deep reduction. The most prominent rate of growth was recorded in 2021 with an increase of 13%. The exports peaked at 452 units in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

In value terms, exports of keyboard electrical musical instruments, other than accordionses fell dramatically to $126K in 2022. In general, exports continue to indicate a abrupt slump. The pace of growth was the most pronounced in 2020 with an increase of 1.3% against the previous year. The exports peaked at $180K in 2021, and then shrank dramatically in the following year.

Export of Keyboard Electrical Musical Instruments, Other than Accordions in Croatia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Montenegro2.214.036.538.7160.1%
Germany40.621.845.034.3-5.5%
Serbia46.746.649.428.5-15.2%
North Macedonia0.110.36.85.2273.3%
Bosnia and Herzegovina9.04.416.75.2-16.7%
Slovenia25.850.6N/A2.4-54.7%
Slovakia20.613.113.30.2-78.7%
Hungary14.93.1N/AN/A-79.2%
Others15.814.012.311.7-9.5%
Total176178180126-10.5%

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

  1. Bosnia and Herzegovina (103.0 units)
  2. Serbia (73.0 units)
  3. Montenegro (73.0 units)
  4. Germany (71.0 units)
  5. North Macedonia (9.0 units)
  6. Slovenia (5.0 units)
  7. Slovakia (1.0 units)

Source: IndexBox Market Intelligence Platform

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