Australia - Pianos And Other Keyboard Stringed Musical Instruments - Market Analysis, Forecast, Size, Trends and Insights
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View PricingPiano Price in Australia - 2023
Contents:
- Piano Price in Australia (CIF) - 2022
- Piano Price in Australia (FOB) - 2022
- Piano Imports in Australia
- Piano Exports in Australia
Piano Price in Australia (CIF) - 2022
In 2022, the average piano import price amounted to $4,744 per unit, jumping by 17% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +3.6%. The most prominent rate of growth was recorded in 2016 an increase of 30%. Over the period under review, average import prices attained the peak figure in 2022 and is likely to see steady growth in the near future.
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 Germany ($13,284 per unit), while the price for Vietnam ($2,417 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Czech Republic (+7.6%), while the prices for the other major suppliers experienced more modest paces of growth.
Piano Price in Australia (FOB) - 2022
The average piano export price stood at $7,827 per unit in 2022, with an increase of 150% against the previous year. Overall, the export price continues to indicate temperate growth. Over the period under review, the average export prices reached the maximum at $7,887 per unit in 2013; however, from 2014 to 2022, the export prices stood at a somewhat lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the UK ($24,639 per unit), while the average price for exports to Vietnam ($989 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 Vietnam (+30.9%), while the prices for the other major destinations experienced more modest paces of growth.
Piano Imports in Australia
In 2022, piano imports into Australia declined slightly to 8.3K units, with a decrease of -2.1% against 2021 figures. The total import volume increased at an average annual rate of +3.5% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2021 with an increase of 32%. As a result, imports reached the peak of 8.5K units, and then reduced slightly in the following year.
In value terms, piano imports expanded significantly to $39M in 2022. Over the period under review, total imports indicated buoyant growth from 2019 to 2022: its value increased at an average annual rate of +12.1% 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 +62.3% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 42%. Over the period under review, imports hit record highs in 2022 and are likely to continue growth in the near future.
| Import of Piano in Australia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Japan | 16.3 | 14.8 | 20.7 | 22.6 | 11.5% |
| Germany | 3.7 | 3.3 | 4.9 | 5.6 | 14.8% |
| Indonesia | 2.7 | 1.8 | 3.1 | 3.9 | 13.0% |
| China | 2.8 | 1.8 | 2.6 | 2.5 | -3.7% |
| Czech Republic | 0.6 | 0.5 | 0.7 | 1.7 | 41.5% |
| Vietnam | 0.5 | 0.6 | 0.5 | 0.7 | 11.9% |
| Others | 1.3 | 1.5 | 1.9 | 2.4 | 22.7% |
| Total | 27.9 | 24.2 | 34.4 | 39.3 | 12.1% |
Top Suppliers of Piano to Australia in 2022:
- Japan (5.1K units)
- Indonesia (1.2K units)
- China (0.9K units)
- Germany (0.4K units)
- Vietnam (0.3K units)
- Czech Republic (0.1K units)
Piano Exports in Australia
In 2022, the amount of pianos and other keyboard stringed musical instruments exported from Australia declined rapidly to 77 units, waning by -49.3% on the year before. In general, exports saw a sharp contraction. The most prominent rate of growth was recorded in 2021 with an increase of 8.6%. The exports peaked at 220 units in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.
In value terms, piano exports surged to $603K in 2022. Overall, exports continue to indicate a deep downturn. Over the period under review, the exports hit record highs at $1.2M in 2019; however, from 2020 to 2022, the exports remained at a lower figure.
| Export of Piano in Australia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| New Zealand | 791 | 493 | 340 | 458 | -16.7% |
| United Kingdom | 180 | N/A | N/A | 98.6 | -18.2% |
| Germany | N/A | 8.4 | N/A | 22.9 | 65.1% |
| Vietnam | N/A | N/A | 45.1 | 12.9 | -71.4% |
| China | N/A | 43.0 | 6.8 | N/A | -84.2% |
| Papua New Guinea | 6.9 | 9.5 | N/A | N/A | 37.7% |
| New Caledonia | 10.4 | 20.6 | 0.8 | N/A | -72.3% |
| Singapore | 21.4 | 1.5 | N/A | N/A | -93.0% |
| Others | 149 | 124 | 82.6 | 10.7 | -58.4% |
| Total | 1,158 | 700 | 475 | 603 | -19.5% |
Top Export Markets for Piano from Australia in 2022:
- New Zealand (52.0 units)
- Vietnam (13.0 units)
- United Kingdom (4.0 units)
- Germany (3.0 units)
This report provides an in-depth analysis of the piano market in Australia. 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 32201110 - Acoustic new upright pianos (including automatic pianos)
- Prodcom 32201130 - Acoustic grand pianos (including automatic pianos)
- Prodcom 32201150 - Keyboard stringed instruments (including harpsichords, s pinets and clavichords)
Country coverage:
- Australia
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Australia
- 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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- 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
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- 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, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
519
This report provides an in-depth analysis of the piano market in Australia.
299
This report provides an in-depth analysis of the grand piano market in Australia.
395
This report provides an in-depth analysis of the upright piano market in Australia.
448
This report provides an in-depth analysis of the keyboard stringed instrument market in Australia.
222
This report provides an in-depth analysis of the non-cellular polyethylene film market in Australia.
1420
This report provides an in-depth analysis of the global piano market.
851
This report provides an in-depth analysis of the global grand piano market.
546
This report provides an in-depth analysis of the global upright piano market.
565
This report provides an in-depth analysis of the global keyboard stringed instrument market.
395
This report provides an in-depth analysis of the global non-cellular polyethylene film market.
250
Imports of Grand Piano decreased significantly to $957K in July 2023.
83
During the period reviewed, imports of Upright Piano peaked at 540 units in January 2023. However, from February 2023 to January 2024, imports did not regain momentum. In terms of value, Upright Piano imports surged to $991K in January 2024.
303
In April 2023, the upright piano price stood at $3,356 per unit (CIF, Australia), which is down by -10.5% against the previous month.
1038
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In value terms, string musical instruments exports stood at $X in 2016. Overall, it indicated a prominent growth from 2007 to 2016: the total exports value increased at an average annual rate of +X>
756
In value terms, wind musical instruments exports amounted to $X in 2016. In general, wind musical instruments exports continue to indicate a relatively flat trend pattern. Over the period under rev...
