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Report ASEAN - Accordions and Mouth Organs - Market Analysis, Forecast, Size, Trends and Insights for 499$
Report Update Nov 1, 2024

ASEAN - Accordions and Mouth Organs - Market Analysis, Forecast, Size, Trends and Insights

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ASEAN: Accordion Market 2024

Accordion Market Size in ASEAN

In 2021, the ASEAN accordion market was finally on the rise to reach $X after two years of decline. In general, consumption recorded a deep downturn. Over the period under review, the market hit record highs at $X in 2013; however, from 2014 to 2021, consumption stood at a somewhat lower figure.

Accordion Production in ASEAN

In value terms, accordion production expanded remarkably to $X in 2021 estimated in export price. The total output value increased at an average annual rate of +2.4% over the period from 2012 to 2021; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2020 when the production volume increased by 11% against the previous year. The level of production peaked in 2021 and is likely to see steady growth in years to come.

Accordion Exports

Exports in ASEAN

Accordion exports shrank modestly to X units in 2021, dropping by -4.8% on the year before. Over the period under review, exports continue to indicate a pronounced descent. The growth pace was the most rapid in 2016 when exports increased by 13%. Over the period under review, the exports reached the maximum at X units in 2018; however, from 2019 to 2021, the exports failed to regain momentum.

In value terms, accordion exports reached $X in 2021. In general, exports saw a noticeable shrinkage. The growth pace was the most rapid in 2016 with an increase of 9.9% against the previous year. The level of export peaked at $X in 2012; however, from 2013 to 2021, the exports remained at a lower figure.

Exports by Country

Indonesia prevails in exports structure, recording X units, which was near 96% of total exports in 2021. Vietnam (X units) followed a long way behind the leaders.

Indonesia was also the fastest-growing in terms of the accordions and mouth organs exports, with a CAGR of -4.0% from 2012 to 2021. Vietnam (-10.5%) illustrated a downward trend over the same period. From 2012 to 2021, the share of Indonesia increased by +3 percentage points.

In value terms, Indonesia ($X) remains the largest accordion supplier in ASEAN, comprising 90% of total exports. The second position in the ranking was held by Vietnam ($X), with a 3.2% share of total exports.

From 2012 to 2021, the average annual rate of growth in terms of value in Indonesia amounted to -3.0%.

Export Prices by Country

The export price in ASEAN stood at $X per unit in 2021, growing by 5.8% against the previous year. In general, the export price saw a relatively flat trend pattern. The growth pace was the most rapid in 2020 an increase of 11%. The level of export peaked in 2021 and is likely to see gradual growth in the immediate term.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Vietnam ($X per unit), while Indonesia totaled $X per unit.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Indonesia (+1.0%).

Accordion Imports

Imports in ASEAN

In 2021, purchases abroad of accordions and mouth organs decreased by -54.6% to X units, falling for the third consecutive year after three years of growth. In general, imports showed a drastic downturn. The most prominent rate of growth was recorded in 2016 when imports increased by 35%. Over the period under review, imports hit record highs at X units in 2013; however, from 2014 to 2021, imports stood at a somewhat lower figure.

In value terms, accordion imports reduced slightly to $X in 2021. Over the period under review, imports continue to indicate a deep contraction. The pace of growth appeared the most rapid in 2018 with an increase of 30%. The level of import peaked at $X in 2013; however, from 2014 to 2021, imports stood at a somewhat lower figure.

Imports by Country

Malaysia was the key importing country with an import of around X units, which reached 56% of total imports. Singapore (X units) ranks second in terms of the total imports with a 16% share, followed by Indonesia (16%) and Thailand (10%).

From 2012 to 2021, average annual rates of growth with regard to accordion imports into Malaysia stood at -5.2%. Singapore experienced a relatively flat trend pattern. Thailand (-13.5%) and Indonesia (-30.1%) illustrated a downward trend over the same period. From 2012 to 2021, the share of Malaysia, Singapore and Thailand increased by +43, +14 and +4.8 percentage points, respectively.

In value terms, Singapore ($X) constitutes the largest market for imported accordions and mouth organs in ASEAN, comprising 49% of total imports. The second position in the ranking was held by Malaysia ($X), with a 23% share of total imports. It was followed by Thailand, with a 20% share.

From 2012 to 2021, the average annual growth rate of value in Singapore amounted to +6.3%. The remaining importing countries recorded the following average annual rates of imports growth: Malaysia (-14.4% per year) and Thailand (-8.7% per year).

Import Prices by Country

The import price in ASEAN stood at $X per unit in 2021, surging by 114% against the previous year. Over the period under review, the import price recorded a resilient increase. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices amongst the major importing countries. In 2021, amid the top importers, the country with the highest price was Singapore ($X per unit), while Indonesia ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Singapore (+5.7%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

This report provides an in-depth analysis of the accordion market in ASEAN. 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 32201340 - Accordions and similar instruments, mouth organs

Country coverage:

Data coverage:

  • Market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Production in ASEAN, split by region and country
  • Trade (exports and imports) in ASEAN
  • 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:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. 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. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS

  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO

  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. CONSUMPTION BY COUNTRY
    3. MARKET FORECAST TO 2030

  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT

  5. 5. MOST PROMISING SUPPLYING COUNTRIES

    Choosing the Best Countries to Establish Your Sustainable Supply Chain

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES

  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS

  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
    2. PRODUCTION BY COUNTRY

  8. 8. IMPORTS

    The Largest Importers on The Market and How They Succeed

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY

  9. 9. EXPORTS

    The Largest Exporters on The Market and How They Succeed

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY

  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO

  11. 11. COUNTRY PROFILES

    The Largest Markets And Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
    • Brunei Darussalam
    • Cambodia
    • Indonesia
    • Malaysia
    • Myanmar
    • Philippines
    • Singapore
    • Thailand
    • Vietnam
    • Lao People's Democratic Republic

  12. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption, By Country, 2018–2023
    5. Production, In Physical Terms, By Country, 2012–2023
    6. Imports, In Physical Terms, By Country, 2012–2023
    7. Imports, In Value Terms, By Country, 2012–2023
    8. Import Prices, By Country Of Destination, 2012–2023
    9. Exports, In Physical Terms, By Country, 2012–2023
    10. Exports, In Value Terms, By Country, 2012–2023
    11. Export Prices, By Country Of Origin, 2012–2023

  13. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Consumption, By Country, 2023
    4. Market Volume Forecast to 2030
    5. Market Value Forecast to 2030
    6. Products: Market Size And Growth, By Type
    7. Products: Average Per Capita Consumption, By Type
    8. Products: Exports And Growth, By Type
    9. Products: Export Prices And Growth, By Type
    10. Production Volume And Growth
    11. Exports And Growth
    12. Export Prices And Growth
    13. Market Size And Growth
    14. Per Capita Consumption
    15. Imports And Growth
    16. Import Prices
    17. Production, In Physical Terms, 2012–2023
    18. Production, In Value Terms, 2012–2023
    19. Production, By Country, 2023
    20. Production, In Physical Terms, By Country, 2012–2023
    21. Imports, In Physical Terms, 2012–2023
    22. Imports, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, By Country, 2023
    24. Imports, In Physical Terms, By Country, 2012–2023
    25. Imports, In Value Terms, By Country, 2012–2023
    26. Import Prices, By Country, 2012–2023
    27. Exports, In Physical Terms, 2012–2023
    28. Exports, In Value Terms, 2012–2023
    29. Exports, In Physical Terms, By Country, 2023
    30. Exports, In Physical Terms, By Country, 2012–2023
    31. Exports, In Value Terms, By Country, 2012–2023
    32. Export Prices, 2012–2023

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