Indonesia - Acoustic Grand Pianos - Market Analysis, Forecast, Size, Trends And Insights
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View PricingGrand Piano Price in Indonesia - 2022
Contents:
- Grand Piano Price in Indonesia (FOB) - 2022
- Grand Piano Price in Indonesia (CIF) - 2022
- Grand Piano Exports in Indonesia
- Grand Piano Imports in Indonesia
Grand Piano Price in Indonesia (FOB) - 2022
The average grand piano export price stood at $34,402 per unit in March 2022, remaining constant against the previous month. Overall, the export price, however, posted a buoyant increase. The pace of growth was the most pronounced in February 2022 an increase of 514% month-to-month. As a result, the export price reached the peak level of $34,402 per unit, leveling off in the following month.
Average prices varied noticeably for the major foreign markets. In March 2022, the highest price was recorded for prices to Canada ($34,408 per unit) and Australia ($34,407 per unit), while the average price for exports to the UK ($34,396 per unit) and South Korea ($34,399 per unit) were amongst the lowest.
From March 2021 to March 2022, the most notable rate of growth in terms of prices was recorded for supplies to Japan (+19.0%), while the prices for the other major destinations experienced more modest paces of growth.
Grand Piano Price in Indonesia (CIF) - 2022
In 2022, the average grand piano import price amounted to $12,127 per unit, approximately reflecting the previous year. Over the period under review, import price indicated a temperate expansion from 2012 to 2022: its price increased at an average annual rate of +2.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, grand piano import price increased by +13.2% against 2019 indices. The pace of growth was the most pronounced in 2015 an increase of 48% against the previous year. The import price peaked at $12,433 per unit in 2018; however, from 2019 to 2022, import prices stood at a somewhat lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($100 per unit), while the price for China ($22 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Japan (+3.0%), while the prices for the other major suppliers experienced a decline.
Grand Piano Exports in Indonesia
Grand piano exports from Indonesia dropped to 962 units in 2022, falling by -9.9% against the previous year's figure. Over the period under review, exports showed a abrupt curtailment. The pace of growth appeared the most rapid in 2021 with an increase of 25% against the previous year. Over the period under review, the exports hit record highs at 1.2K units in 2019; however, from 2020 to 2022, the exports remained at a lower figure.
In value terms, grand piano exports expanded sharply to $42M in 2022. Overall, total exports indicated a temperate increase from 2019 to 2022: its value increased at an average annual rate of +3.5% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +65.5% against 2020 indices. The most prominent rate of growth was recorded in 2021 when exports increased by 47% against the previous year. Over the period under review, the exports hit record highs in 2022 and are likely to see gradual growth in years to come.
| Export of Grand Piano in Indonesia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 15.3 | 9.9 | 13.9 | 15.7 | 0.9% |
| China | 8.7 | 5.3 | 8.3 | 9.3 | 2.2% |
| Malaysia | 3.5 | 2.1 | 3.2 | 3.6 | 0.9% |
| Germany | 2.4 | 1.6 | 2.3 | 2.5 | 1.4% |
| United Arab Emirates | 1.2 | 1.1 | 1.4 | 1.5 | 7.7% |
| United Kingdom | 1.3 | 1.0 | 1.3 | 1.5 | 4.9% |
| Australia | 0.8 | 0.5 | 1.2 | 1.4 | 20.5% |
| France | 0.8 | 0.6 | 0.9 | 1.1 | 11.2% |
| Netherlands | 0.7 | 0.8 | 1.0 | 1.1 | 16.3% |
| South Korea | 1.3 | 0.8 | 0.8 | 1.1 | -5.4% |
| Canada | 0.6 | 0.5 | 0.9 | 1.0 | 18.6% |
| Japan | 0.5 | 0.3 | 0.6 | 0.7 | 11.9% |
| Others | 1.2 | 1.0 | 1.6 | 1.7 | 12.3% |
| Total | 38.1 | 25.5 | 37.4 | 42.2 | 3.5% |
Top Export Markets for Grand Piano from Indonesia in 2022:
- United States (966.2K units)
- China (641.1K units)
- Malaysia (238.1K units)
- Germany (165.6K units)
- United Arab Emirates (123.2K units)
- Australia (93.4K units)
- United Kingdom (86.5K units)
- South Korea (77.1K units)
- France (68.8K units)
- Canada (63.7K units)
- Netherlands (59.5K units)
- Japan (47.6K units)
Grand Piano Imports in Indonesia
In 2022, purchases abroad of acoustic grand pianos was finally on the rise to reach 56 units after two years of decline. Over the period under review, imports, however, showed a abrupt setback. Over the period under review, imports attained the peak figure at 66 units in 2019; however, from 2020 to 2022, imports remained at a lower figure.
In value terms, grand piano imports expanded significantly to $679K in 2022. In general, imports, however, continue to indicate a slight contraction. Imports peaked at $753K in 2020; however, from 2021 to 2022, imports stood at a somewhat lower figure.
| Import of Grand Piano in Indonesia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Singapore | 288 | 204 | 153 | 241 | -5.8% |
| Japan | 126 | 182 | 86.8 | 133 | 1.8% |
| China | 46.0 | 8.2 | 81.2 | 114 | 35.3% |
| United States | 113 | 170 | 51.4 | 108 | -1.5% |
| Germany | 51.9 | 66.6 | 58.9 | 82.7 | 16.8% |
| Estonia | 22.1 | N/A | 17.6 | N/A | -10.8% |
| Others | 60.4 | 123 | 156 | N/A | 60.7% |
| Total | 707 | 753 | 605 | 679 | -1.3% |
Top Suppliers of Grand Piano to Indonesia in 2022:
- Japan (5.8K units)
- China (5.1K units)
- Singapore (4.7K units)
- United States (2.2K units)
- Germany (0.8K units)
This report provides an in-depth analysis of the grand piano market in Indonesia. 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:
- Indonesia
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Indonesia
- 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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