Belarus - Acoustic Grand Pianos - Market Analysis, Forecast, Size, Trends And Insights
Report Update: May 1, 2024

Belarus - Acoustic Grand Pianos - Market Analysis, Forecast, Size, Trends And Insights

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Grand Piano Price in Belarus - 2022

Contents:

  1. Grand Piano Price in Belarus (CIF) - 2022
  2. Grand Piano Price in Belarus (FOB) - 2022
  3. Grand Piano Imports in Belarus
  4. Grand Piano Exports in Belarus

Grand Piano Price in Belarus (CIF) - 2022

In 2022, the average grand piano import price amounted to $7,844 per unit, rising by 62% against the previous year. Overall, the import price, however, recorded a abrupt decline. The pace of growth was the most pronounced in 2019 when the average import price increased by 116% against the previous year. The import price peaked at $15,725 per unit in 2014; however, from 2015 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Japan ($38 per unit), while the price for Italy ($3.1 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (-0.3%), while the prices for the other major suppliers experienced a decline.

Grand Piano Price in Belarus (FOB) - 2022

The average grand piano export price stood at $12,400 per unit in 2022, dropping by -38.3% against the previous year. Overall, the export price, however, enjoyed buoyant growth. The growth pace was the most rapid in 2018 when the average export price increased by 136% against the previous year. The export price peaked at $20,100 per unit in 2021, and then shrank sharply in the following year.

As there is only one major export destination, the average price level is determined by prices for Russia.

From 2012 to 2022, the rate of growth in terms of prices for Russia amounted to -7.8% per year.

Grand Piano Imports in Belarus

In 2022, the amount of acoustic grand pianos imported into Belarus declined sharply to 12 units, reducing by -20% against the previous year's figure. Over the period under review, imports faced a precipitous decline. The most prominent rate of growth was recorded in 2021 with an increase of 88% against the previous year. Over the period under review, imports hit record highs at 37 units in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

In value terms, grand piano imports soared to $94K in 2022. Overall, imports faced a dramatic decrease. Over the period under review, imports hit record highs at $481K in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

Import of Grand Piano in Belarus (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Russia78.850.142.448.3-15.1%
Germany24610.25.022.3-55.1%
United Arab Emirates35.710.36.24.4-50.2%
Indonesia24.610.41.24.4-43.7%
Netherlands7.75.13.73.3-24.6%
China2.57.73.02.72.6%
Italy3.30.51.61.4-24.9%
Estonia28.8N/AN/AN/A0%
Others53.821.29.87.3-48.6%
Total48111572.894.1-41.9%

Top Suppliers of Grand Piano to Belarus in 2022:

  1. Germany (2.1K units)
  2. Russia (1.9K units)
  3. United Arab Emirates (1.1K units)
  4. Indonesia (0.7K units)
  5. China (0.5K units)
  6. Italy (0.4K units)
  7. Netherlands (0.2K units)

Grand Piano Exports in Belarus

In 2022, shipments abroad of acoustic grand pianos was finally on the rise to reach 2 units for the first time since 2019, thus ending a two-year declining trend. Over the period under review, exports, however, showed a sharp decrease. Over the period under review, the exports reached the maximum at 5 units in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

In value terms, grand piano exports skyrocketed to $25K in 2022. Overall, exports, however, showed a abrupt downturn. The exports peaked at $33K in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

Export of Grand Piano in Belarus (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Russia33.128.720.124.8-9.2%
OthersN/A0.8N/AN/A0%
Total33.129.520.124.8-9.2%

Top Export Markets for Grand Piano from Belarus in 2022:

  1. Russia (1.7K units)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the grand piano market in Belarus. 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:

  • Belarus

Data coverage:

  • Market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Trade (exports and imports) in Belarus
  • 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. MARKET STRUCTURE
    3. TRADE BALANCE
    4. PER CAPITA CONSUMPTION
    5. 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
  8. 8. IMPORTS

    The Largest Import Supplying Countries

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

    The Largest Destinations for Exports

    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. 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 In 2012-2023
    5. Imports, In Physical Terms, By Country, 2012–2023
    6. Imports, In Value Terms, By Country, 2012–2023
    7. Import Prices, By Country Of Origin, 2012–2023
    8. Exports, In Physical Terms, By Country, 2012–2023
    9. Exports, In Value Terms, By Country, 2012–2023
    10. Export Prices, By Country Of Destination, 2012–2023
  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
    5. Trade Balance, In Physical Terms, 2012-2023
    6. Trade Balance, In Value Terms, 2012-2023
    7. Per Capita Consumption, 2012-2023
    8. Market Volume Forecast to 2030
    9. Market Value Forecast to 2030
    10. Products: Market Size And Growth, By Type
    11. Products: Average Per Capita Consumption, By Type
    12. Products: Exports And Growth, By Type
    13. Products: Export Prices And Growth, By Type
    14. Production Volume And Growth
    15. Exports And Growth
    16. Export Prices And Growth
    17. Market Size And Growth
    18. Per Capita Consumption
    19. Imports And Growth
    20. Import Prices
    21. Production, In Physical Terms, 2012–2023
    22. Production, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, 2012–2023
    24. Imports, In Value Terms, 2012–2023
    25. Imports, In Physical Terms, By Country, 2023
    26. Imports, In Physical Terms, By Country, 2012–2023
    27. Imports, In Value Terms, By Country, 2012–2023
    28. Import Prices, By Country Of Origin, 2012–2023
    29. Exports, In Physical Terms, 2012–2023
    30. Exports, In Value Terms, 2012–2023
    31. Exports, In Physical Terms, By Country, 2023
    32. Exports, In Physical Terms, By Country, 2012–2023
    33. Exports, In Value Terms, By Country, 2012–2023
    34. Export Prices, By Country Of Destination, 2012–2023
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Free Data: Acoustic Grand Pianos - Belarus