Austria - Acoustic Grand Pianos - Market Analysis, Forecast, Size, Trends And Insights
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View PricingGrand Piano Price in Austria - 2023
Contents:
- Grand Piano Price in Austria (FOB) - 2023
- Grand Piano Price in Austria (CIF) - 2023
- Grand Piano Exports in Austria
- Grand Piano Imports in Austria
Grand Piano Price in Austria (FOB) - 2023
In July 2023, the average grand piano export price amounted to $64,074 per unit, surging by 15% against the previous month. Overall, the export price showed prominent growth. The growth pace was the most rapid in August 2022 when the average export price increased by 95% m-o-m. The export price peaked in July 2023.
Prices varied noticeably by the country of destination: the country with the highest price was Switzerland ($117K per unit), while the average price for exports to Germany ($54,249 per unit) was amongst the lowest.
From July 2022 to July 2023, the most notable rate of growth in terms of prices was recorded for supplies to the UK (+68.3%), while the prices for the other major destinations experienced more modest paces of growth.
Grand Piano Price in Austria (CIF) - 2023
The average grand piano import price stood at $40,409 per unit in June 2023, jumping by 21% against the previous month. Overall, the import price saw a strong increase. The most prominent rate of growth was recorded in February 2023 an increase of 259% month-to-month. Over the period under review, average import prices hit record highs at $52,747 per unit in March 2023; however, from April 2023 to June 2023, import prices remained at a lower figure.
As there is only one major supplying country, the average price level is determined by prices for Germany.
From June 2022 to June 2023, the rate of growth in terms of prices for Germany amounted to +11.2% per month.
Grand Piano Exports in Austria
In 2022, the amount of acoustic grand pianos exported from Austria rose rapidly to 194 units, picking up by 5.4% against the previous year. In general, exports, however, continue to indicate a noticeable setback. The pace of growth appeared the most rapid in 2020 with an increase of 41%. As a result, the exports reached the peak of 298 units. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.
In value terms, grand piano exports contracted to $9.3M in 2022. Over the period under review, exports recorded a resilient increase. The growth pace was the most rapid in 2020 when exports increased by 104%. As a result, the exports attained the peak of $15M. From 2021 to 2022, the growth of the exports failed to regain momentum.
| Export of Grand Piano in Austria (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 377 | 6,462 | 4,896 | 4,851 | 134.3% |
| Australia | 138 | 317 | 75.5 | 691 | 71.1% |
| Canada | 381 | 254 | 198 | 563 | 13.9% |
| Switzerland | 259 | 1,257 | 284 | 540 | 27.8% |
| United States | 3,294 | 3,841 | 1,035 | 376 | -51.5% |
| Taiwan (Chinese) | 432 | 421 | 228 | 374 | -4.7% |
| China | 764 | 387 | 810 | 352 | -22.8% |
| Japan | 1,114 | 678 | 724 | 320 | -34.0% |
| Poland | N/A | N/A | 227 | 177 | -22.0% |
| Spain | N/A | N/A | 109 | 27.4 | -74.9% |
| United Kingdom | N/A | 631 | N/A | 25.1 | -80.1% |
| Italy | N/A | 211 | 132 | 9.1 | -79.2% |
| Others | 676 | 684 | 1,712 | 1,035 | 15.3% |
| Total | 7,437 | 15,143 | 10,431 | 9,341 | 7.9% |
Top Export Markets for Grand Piano from Austria in 2022:
- Germany (36.4K units)
- Australia (4.2K units)
- Canada (4.0K units)
- Switzerland (3.5K units)
- China (3.0K units)
- Japan (2.9K units)
- United States (1.9K units)
- Taiwan (Chinese) (1.9K units)
- Poland (1.4K units)
- Spain (1.2K units)
- United Kingdom (1.0K units)
- Italy (0.4K units)
Grand Piano Imports in Austria
In 2022, approx. 133 units of acoustic grand pianos were imported into Austria; waning by -46.8% on the year before. Overall, imports saw a perceptible descent. The pace of growth was the most pronounced in 2021 when imports increased by 145%. As a result, imports attained the peak of 250 units, and then shrank markedly in the following year.
In value terms, grand piano imports contracted significantly to $1.7M in 2022. In general, imports, however, recorded tangible growth. The most prominent rate of growth was recorded in 2021 when imports increased by 374%. As a result, imports reached the peak of $7.4M, and then contracted rapidly in the following year.
| Import of Grand Piano in Austria (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 0.6 | 1.4 | 6.8 | 1.2 | 26.0% |
| China | 0.2 | 0.1 | 0.2 | 0.3 | 14.5% |
| Japan | 0.5 | N/A | N/A | N/A | 0% |
| Indonesia | 0.2 | N/A | N/A | N/A | 0% |
| Others | 0.1 | N/A | 0.5 | 0.2 | 26.0% |
| Total | 1.6 | 1.6 | 7.4 | 1.7 | 2.0% |
Top Suppliers of Grand Piano to Austria in 2022:
- Germany (23.8K units)
- China (15.5K units)
This report provides an in-depth analysis of the grand piano market in Austria. 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 32201130 - Acoustic grand pianos (including automatic pianos)
Country coverage:
- Austria
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Austria
- 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
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