Price for Keyboard Electrical Musical Instruments, Other than Accordions in New Zealand - 2024

Contents:

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

Price for Keyboard Electrical Musical Instruments, Other than Accordions in New Zealand (CIF) - 2022

In 2022, the average import price for keyboard electrical musical instruments, other than accordionses amounted to $171 per unit, growing by 31% against the previous year. Overall, the import price showed a relatively flat trend pattern. The growth pace was the most rapid in 2016 when the average import price increased by 55%. As a result, import price attained the peak level of $279 per unit. From 2017 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 ($918 per unit), while the price for China ($86 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Vietnam (+8.5%), while the prices for the other major suppliers experienced mixed trend patterns.

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

In 2022, the average export price for keyboard electrical musical instruments, other than accordionses amounted to $447 per unit, which is down by -22.1% against the previous year. Over the period under review, the export price recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2017 when the average export price increased by 149%. As a result, the export price attained the peak level of $759 per unit. From 2018 to 2022, the average export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Australia ($863 per unit), while the average price for exports to Fiji ($34 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 French Polynesia (+28.8%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Keyboard Electrical Musical Instruments, Other than Accordions in New Zealand

After three years of growth, overseas purchases of keyboard electrical musical instruments, other than accordionses decreased by -43.4% to 24K units in 2022. In general, imports recorded a relatively flat trend pattern. The growth pace was the most rapid in 2021 when imports increased by 44% against the previous year. As a result, imports reached the peak of 43K units, and then reduced sharply in the following year.

In value terms, imports of keyboard electrical musical instruments, other than accordionses fell significantly to $4.2M in 2022. Overall, total imports indicated measured growth from 2019 to 2022: its value increased at an average annual rate of +2.9% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +9.0% against 2019 indices. The pace of growth appeared the most rapid in 2021 when imports increased by 39%. As a result, imports reached the peak of $5.6M, and then contracted rapidly in the following year.

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

1. China (17.8K units)
2. Japan (2.6K units)
3. Malaysia (0.9K units)
4. Philippines (0.6K units)
5. Indonesia (0.5K units)
6. Vietnam (0.5K units)
7. Hong Kong SAR (0.1K units)

Exports of Keyboard Electrical Musical Instruments, Other than Accordions in New Zealand

For the fourth consecutive year, New Zealand recorded growth in shipments abroad of keyboard electrical musical instruments, other than accordionses, which increased by 23% to 579 units in 2022. In general, exports posted a significant expansion. The growth pace was the most rapid in 2020 when exports increased by 276% against the previous year. Over the period under review, the exports of attained the maximum in 2022 and are likely to see steady growth in the near future.

In value terms, exports of keyboard electrical musical instruments, other than accordionses dropped slightly to $259K in 2022. Over the period under review, exports showed a significant expansion. The most prominent rate of growth was recorded in 2020 with an increase of 290% against the previous year. Over the period under review, the exports of hit record highs at $271K in 2021, and then reduced slightly in the following year.

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

1. United States (238.0 units)
2. Samoa (127.0 units)
3. Germany (39.0 units)
4. Fiji (32.0 units)
5. Australia (26.0 units)
6. Canada (19.0 units)
7. Lithuania (12.0 units)
8. Cook Islands (12.0 units)
9. Netherlands (11.0 units)
10. France (10.0 units)
11. United Kingdom (9.0 units)
12. Switzerland (3.0 units)

Source: IndexBox Market Intelligence Platform