Which Country Exports the Most Pianos in the World?

Musical instruments May 28, 2018
Author: Anna Sergeeva
Market Analyst

In 2016, approx. 62K tonnes of piano were exported worldwide; remaining constant against the previous year level. The total export volume increased at an average annual rate of +2.6% over the period from 2007 to 2016; the trend pattern remained consistent, with only minor fluctuations being recorded over the period under review. The growth pace was the most rapid in 2010, when export increased by 11% against the previous year level. Global piano export peaked in 2016, and are likely to see steady growth in the immediate term.

In value terms, piano exports amounted to $760M in 2016. Overall, piano exports continue to indicate a mild slump. Over the period under review, global piano exports attained its maximum level of $844M in 2007; however, from 2008 to 2016, it failed to regain its strength.

Top Piano Exporting Countries in the World

1. Japan (270.4 million USD)

2. Indonesia (148.1 million USD)

3. Germany (127.6 million USD)

4. South Korea (7.7 million USD)

Piano Exports By Country

Japan (30K tonnes) represented the key exporting country with an export of about 30K tonnes, which resulted at 48% of total exports. It was distantly followed by Indonesia (17K tonnes), South Korea (8.3K tonnes), and Germany (2.8K tonnes), together mixed up 45% share of total piano exports.

From 2007 to 2016, the most notable growth rate of piano exports, among the main exporting countries, was attained by South Korea (+22.0% per year), while the other global leaders experienced more modest paces of growth.

In value terms, the largest piano markets worldwide were Japan ($270M), Indonesia ($148M) and Germany ($128M), with a combined 72% share of global exports.

Indonesia (+6.4% per year) had the highest rates of growth with regard to the piano exports, in terms of the main exporting countries, over the last 9 year period, while the other global leaders experienced mixed trends in the exports figures.

Piano Export Prices By Country

In 2016, the average export price for piano amounted to $12 per kg, coming down by -6.0% against the previous year. In general, piano export price continues to indicate a perceptible curtailment. The pace of growth was the most pronounced in 2010, when export price increased by 2% against the previous year level. Over the period under review, average piano export price reached its maximum level of $17 per kg in 2007; however, from 2008 to 2016, it stood at a somewhat lower level.

There were significant differences in the average export prices amongst major exporting countries. In 2016, the country with the highest export prices was Germany ($46 per kg), while South Korea ($930 per tonne) was among the lowest.

From 2007 to 2016, the most notable growth rate of piano export prices was attained by Indonesia (+2.2% per year), while the other global leaders experienced a decline in the export price figures.

Do you want to know more about global piano market? Get the latest trends and insight from our report. It includes a wide range of statistics on

  • piano market share
  • piano prices
  • piano industry
  • piano sales
  • piano import
  • piano export
  • piano market forecast
  • piano price forecast
  • key piano producers

All data provided in this article covers the following product: HS Code 9201 - Pianos; including automatic pianos, harpsichords and other keyboard stringed instruments.

Source: World: Pianos And Other Keyboard Stringed Musical Instruments - Market Report. Analysis and Forecast to 2025