Italy - Electrical Musical Or Keyboard Instruments - Market Analysis, Forecast, Size, Trends And Insights
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View PricingElectrical Musical Instrument Price in Italy - 2023
Contents:
- Price Forecast for Electrical Musical Or Keyboard Instruments in Italy till 2025
- Electrical Musical Instrument Price in Italy (CIF) - 2023
- Electrical Musical Instrument Price in Italy (FOB) - 2023
- Electrical Musical Instrument Imports in Italy
- Electrical Musical Instrument Exports in Italy
Price Forecast for Electrical Musical Or Keyboard Instruments in Italy till 2025
Electrical Musical Instrument Price in Italy (CIF) - 2023
In December 2022, the average electrical musical instrument import price amounted to $284 per unit, dropping by -19.6% against the previous month. Over the period under review, the import price, however, recorded a noticeable expansion. The growth pace was the most rapid in July 2022 when the average import price increased by 280% m-o-m. Over the period under review, average import prices attained the peak figure at $354 per unit in November 2022, and then dropped dramatically in the following month.
There were significant differences in the average prices amongst the major supplying countries. In December 2022, the country with the highest price was Spain ($558 per unit), while the price for China ($94.5 per unit) was amongst the lowest.
From January 2022 to December 2022, the most notable rate of growth in terms of prices was attained by Hong Kong SAR (+75.2%), while the prices for the other major suppliers experienced more modest paces of growth.
Electrical Musical Instrument Price in Italy (FOB) - 2023
The average electrical musical instrument export price stood at $2,444 per unit in December 2022, surging by 94% against the previous month. Overall, the export price showed a strong expansion. The pace of growth appeared the most rapid in June 2022 an increase of 97% against the previous month. Over the period under review, the average export prices attained the peak figure in December 2022.
There were significant differences in the average prices for the major foreign markets. In December 2022, the country with the highest price was the United States ($5,799 per unit), while the average price for exports to Serbia ($330 per unit) was amongst the lowest.
From January 2022 to December 2022, the most notable rate of growth in terms of prices was recorded for supplies to Portugal (+35.8%), while the prices for the other major destinations experienced more modest paces of growth.
Electrical Musical Instrument Imports in Italy
In 2022, after three years of growth, there was decline in purchases abroad of electrical musical or keyboard instruments, when their volume decreased by -3% to 2.8M units. In general, total imports indicated strong growth from 2019 to 2022: its volume increased at an average annual rate of +14.1% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +48.4% against 2019 indices. The most prominent rate of growth was recorded in 2020 when imports increased by 26%. Over the period under review, imports hit record highs at 2.9M units in 2021, and then shrank modestly in the following year.
In value terms, electrical musical instrument imports reduced to $63M in 2022. Over the period under review, total imports indicated a buoyant expansion from 2019 to 2022: its value increased at an average annual rate of +10.3% 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 +34.1% against 2019 indices. The pace of growth appeared the most rapid in 2021 with an increase of 42% against the previous year. As a result, imports attained the peak of $69M, and then dropped in the following year.
| Import of Electrical Musical or Keyboard Instruments in Italy (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Netherlands | 8.9 | 11.3 | 21.5 | 19.3 | 29.4% |
| China | 6.6 | 8.6 | 15.2 | 13.6 | 27.3% |
| France | 12.5 | 12.0 | 11.4 | 10.4 | -5.9% |
| Germany | 5.2 | 5.3 | 6.5 | 5.9 | 4.3% |
| Spain | 0.8 | 2.5 | 2.8 | 2.6 | 48.1% |
| Indonesia | 2.6 | 0.9 | 2.5 | 2.3 | -4.0% |
| Belgium | 3.3 | 1.7 | 2.4 | 2.3 | -11.3% |
| Others | 7.3 | 6.7 | 7.2 | 6.8 | -2.3% |
| Total | 47.2 | 49.0 | 69.4 | 63.3 | 10.3% |
Top Suppliers of Electrical Musical or Keyboard Instruments to Italy in 2022:
- China (1170.3K units)
- France (554.6K units)
- Germany (389.8K units)
- Netherlands (346.3K units)
- Spain (149.8K units)
- Belgium (69.3K units)
- Indonesia (46.8K units)
Electrical Musical Instrument Exports in Italy
For the third year in a row, Italy recorded decline in shipments abroad of electrical musical or keyboard instruments, which decreased by -14.2% to 551K units in 2022. Overall, exports recorded a drastic downturn. The smallest decline of -6.3% was in 2020. Over the period under review, the exports reached the maximum at 902K units in 2019; however, from 2020 to 2022, the exports failed to regain momentum.
In value terms, electrical musical instrument exports amounted to $29M in 2022. In general, exports showed a noticeable shrinkage. The exports peaked at $31M in 2019; however, from 2020 to 2022, the exports remained at a lower figure.
| Export of Electrical Musical or Keyboard Instruments in Italy (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 5.7 | 6.2 | 6.3 | 6.1 | 2.3% |
| United States | 2.6 | 2.4 | 3.2 | 3.3 | 8.3% |
| France | 2.7 | 3.4 | 2.8 | 2.8 | 1.2% |
| Spain | 3.5 | 1.7 | 1.1 | 2.0 | -17.0% |
| China | 1.7 | 0.8 | 2.0 | 1.9 | 3.8% |
| United Kingdom | 2.1 | 1.6 | 1.4 | 1.6 | -8.7% |
| South Korea | 0.7 | 0.5 | 1.1 | 1.1 | 16.3% |
| Poland | 0.8 | 0.9 | 1.0 | 1.0 | 7.7% |
| Romania | 0.8 | 0.5 | 0.8 | 0.8 | 0.0% |
| Netherlands | 1.4 | 1.0 | 0.6 | 0.8 | -17.0% |
| Sweden | 0.5 | 0.5 | 0.6 | 0.6 | 6.3% |
| Portugal | 1.0 | 0.3 | 0.2 | 0.5 | -20.6% |
| Austria | 0.5 | 0.4 | 0.3 | 0.3 | -15.7% |
| Others | 7.4 | 6.8 | 6.2 | 6.5 | -4.2% |
| Total | 31.5 | 26.9 | 27.5 | 29.4 | -2.3% |
Top Export Markets for Electrical Musical or Keyboard Instruments from Italy in 2022:
- Germany (105.8K units)
- France (80.1K units)
- Spain (56.2K units)
- United States (43.1K units)
- United Kingdom (32.7K units)
- South Korea (28.2K units)
- China (24.0K units)
- Netherlands (20.5K units)
- Poland (16.3K units)
- Romania (10.2K units)
- Portugal (10.0K units)
- Sweden (9.8K units)
- Austria (9.2K units)
This report provides an in-depth analysis of the electrical musical instrument market in Italy. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 32201400 - Musical or keyboard instruments, the sound of which is produced, or must be amplified, electrically
Country coverage:
- Italy
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Italy
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND THE AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDSThis Chapter is Available Only for the Professional EditionPRO
3. MARKET OVERVIEW
Understanding the Current State of The Market and its Prospects
- MARKET SIZE: HISTORICAL DATA (2012–2024) AND FORECAST (2025–2035)
- MARKET STRUCTURE: HISTORICAL DATA (2012–2024) AND FORECAST (2025–2035)
- TRADE BALANCE: HISTORICAL DATA (2012–2024) AND FORECAST (2025–2035)
- PER CAPITA CONSUMPTION: HISTORICAL DATA (2012–2024) AND FORECAST (2025–2035)
- MARKET FORECAST TO 2035
4. MOST PROMISING PRODUCTS FOR DIVERSIFICATION
Finding New Products to Diversify Your Business
- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCTS
- MOST TRADED PRODUCTS
- MOST PROFITABLE PRODUCTS FOR EXPORTS
5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Export
- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE: HISTORICAL DATA (2012–2024) AND FORECAST (2025–2035)
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS: HISTORICAL DATA (2012–2024) AND FORECAST (2025–2035)
- IMPORTS BY COUNTRY: HISTORICAL DATA (2012–2024)
- IMPORT PRICES BY COUNTRY: HISTORICAL DATA (2012–2024)
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS: HISTORICAL DATA (2012–2024) AND FORECAST (2025–2035)
- EXPORTS BY COUNTRY: HISTORICAL DATA (2012–2024)
- EXPORT PRICES BY COUNTRY: HISTORICAL DATA (2012–2024)
10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
LIST OF TABLES
- Key Findings In 2024
- Market Volume, In Physical Terms: Historical Data (2012–2024) and Forecast (2025–2035)
- Market Value: Historical Data (2012–2024) and Forecast (2025–2035)
- Per Capita Consumption: Historical Data (2012–2024) and Forecast (2025–2035)
- Imports, In Physical Terms, By Country, 2012–2024
- Imports, In Value Terms, By Country, 2012–2024
- Import Prices, By Country, 2012–2024
- Exports, In Physical Terms, By Country, 2012–2024
- Exports, In Value Terms, By Country, 2012–2024
- Export Prices, By Country, 2012–2024
LIST OF FIGURES
- Market Volume, In Physical Terms: Historical Data (2012–2024) and Forecast (2025–2035)
- Market Value: Historical Data (2012–2024) and Forecast (2025–2035)
- Market Structure – Domestic Supply vs. Imports, in Physical Terms: Historical Data (2012–2024) and Forecast (2025–2035)
- Market Structure – Domestic Supply vs. Imports, in Value Terms: Historical Data (2012–2024) and Forecast (2025–2035)
- Trade Balance, In Physical Terms: Historical Data (2012–2024) and Forecast (2025–2035)
- Trade Balance, In Value Terms: Historical Data (2012–2024) and Forecast (2025–2035)
- Per Capita Consumption: Historical Data (2012–2024) and Forecast (2025–2035)
- Market Volume Forecast to 2035
- Market Value Forecast to 2035
- Market Size and Growth, By Product
- Average Per Capita Consumption, By Product
- Exports and Growth, By Product
- Export Prices and Growth, By Product
- Production Volume and Growth
- Exports and Growth
- Export Prices and Growth
- Market Size and Growth
- Per Capita Consumption
- Imports and Growth
- Import Prices
- Production, In Physical Terms: Historical Data (2012–2024) and Forecast (2025–2035)
- Production, In Value Terms: Historical Data (2012–2024) and Forecast (2025–2035)
- Imports, In Physical Terms: Historical Data (2012–2024) and Forecast (2025–2035)
- Imports, In Value Terms: Historical Data (2012–2024) and Forecast (2025–2035)
- Imports, In Physical Terms, By Country, 2024
- Imports, In Physical Terms, By Country, 2012–2024
- Imports, In Value Terms, By Country, 2012–2024
- Import Prices, By Country, 2012–2024
- Exports, In Physical Terms: Historical Data (2012–2024) and Forecast (2025–2035)
- Exports, In Value Terms: Historical Data (2012–2024) and Forecast (2025–2035)
- Exports, In Physical Terms, By Country, 2024
- Exports, In Physical Terms, By Country, 2012–2024
- Exports, In Value Terms, By Country, 2012–2024
- Export Prices, By Country, 2012–2024
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This report provides an in-depth analysis of the electrical musical instrument market in Italy.
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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 Italy.
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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.
