Japan - Acoustic Grand Pianos - Market Analysis, Forecast, Size, Trends And Insights
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View PricingGrand Piano Price in Japan - 2023
Contents:
- Grand Piano Price in Japan (FOB) - 2022
- Grand Piano Price in Japan (CIF) - 2022
- Grand Piano Exports in Japan
- Grand Piano Imports in Japan
Grand Piano Price in Japan (FOB) - 2022
The average grand piano export price stood at $31,654 per unit in 2022, with a decrease of -8.5% against the previous year. Overall, the export price, however, enjoyed a resilient expansion. The most prominent rate of growth was recorded in 2017 an increase of 76%. The export price peaked at $34,592 per unit in 2021, and then shrank in the following year.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Taiwan (Chinese) ($32,249 per unit), while the average price for exports to the United Arab Emirates ($12,970 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 Taiwan (Chinese) (+7.6%), while the prices for the other major destinations experienced more modest paces of growth.
Grand Piano Price in Japan (CIF) - 2022
In 2022, the average grand piano import price amounted to $10,707 per unit, which is down by -4.5% against the previous year. Overall, the import price saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2014 an increase of 84% against the previous year. The import price peaked at $25,918 per unit in 2015; however, from 2016 to 2022, import prices stood at a somewhat lower figure.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from China ($10,785 per unit) and the United States ($10,730 per unit), while the price for Indonesia ($10,656 per unit) and the Czech Republic ($10,682 per unit) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Austria (-0.7%), while the prices for the other major suppliers experienced a decline.
Grand Piano Exports in Japan
In 2022, the amount of acoustic grand pianos exported from Japan stood at 4.3K units, growing by 6.6% against 2021. The total export volume increased at an average annual rate of +4.5% from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations throughout the analyzed period. The pace of growth was the most pronounced in 2020 when exports increased by 14% against the previous year. As a result, the exports reached the peak of 4.4K units. From 2021 to 2022, the growth of the exports failed to regain momentum.
In value terms, grand piano exports shrank modestly to $137M in 2022. The total export value increased at an average annual rate of +3.5% from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2021 when exports increased by 25% against the previous year. As a result, the exports reached the peak of $141M, and then contracted modestly in the following year.
| Export of Grand Piano in Japan (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 32.3 | 32.0 | 45.5 | 41.5 | 8.7% |
| United States | 33.9 | 24.0 | 30.4 | 30.7 | -3.3% |
| Germany | 13.4 | 12.8 | 15.1 | 14.8 | 3.4% |
| Australia | 6.0 | 5.5 | 7.5 | 8.8 | 13.6% |
| Canada | 4.4 | 4.1 | 5.9 | 6.6 | 14.5% |
| South Korea | 6.0 | 5.4 | 5.7 | 6.5 | 2.7% |
| France | 4.8 | 4.4 | 5.6 | 3.4 | -10.9% |
| United Kingdom | 3.1 | 3.2 | 2.9 | 3.4 | 3.1% |
| Vietnam | 2.4 | 2.3 | 2.0 | 3.2 | 10.1% |
| Taiwan (Chinese) | 1.9 | 2.1 | 2.2 | 2.4 | 8.1% |
| United Arab Emirates | 1.0 | 0.8 | 1.6 | 1.1 | 3.2% |
| Russia | 3.1 | 5.0 | 3.2 | 0.2 | -59.9% |
| Others | 11.6 | 11.0 | 13.3 | 15.0 | 8.9% |
| Total | 124 | 113 | 141 | 137 | 3.4% |
Top Export Markets for Grand Piano from Japan in 2022:
- China (1290.0 units)
- United States (954.0 units)
- Germany (460.0 units)
- Australia (275.0 units)
- Canada (204.0 units)
- South Korea (201.0 units)
- France (106.0 units)
- United Kingdom (105.0 units)
- Vietnam (101.0 units)
- United Arab Emirates (88.0 units)
- Taiwan (Chinese) (73.0 units)
- Russia (6.0 units)
Grand Piano Imports in Japan
Grand piano imports into Japan rose modestly to 1.3K units in 2022, increasing by 4.3% compared with the previous year. Over the period under review, imports, however, recorded a abrupt decline. The pace of growth appeared the most rapid in 2021 with an increase of 28% against the previous year. Imports peaked at 1.8K units in 2019; however, from 2020 to 2022, imports failed to regain momentum.
In value terms, grand piano imports shrank to $14M in 2022. Overall, imports, however, recorded a abrupt descent. The pace of growth appeared the most rapid in 2021 with an increase of 20%. Imports peaked at $18M in 2019; however, from 2020 to 2022, imports failed to regain momentum.
| Import of Grand Piano in Japan (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 11.0 | 6.8 | 8.0 | 7.9 | -10.4% |
| United States | 2.6 | 1.7 | 2.0 | 2.4 | -2.6% |
| Italy | 1.2 | 0.7 | 1.1 | 1.2 | 0.0% |
| Austria | 1.0 | 0.7 | 0.9 | 0.6 | -15.7% |
| Czech Republic | 0.5 | 0.7 | 0.9 | 0.5 | 0.0% |
| Indonesia | 0.5 | 0.4 | 0.2 | 0.5 | 0.0% |
| China | 0.3 | 0.2 | 0.4 | 0.4 | 10.1% |
| Others | 0.8 | 0.3 | 0.2 | 0.1 | -50.0% |
| Total | 17.9 | 11.4 | 13.7 | 13.6 | -8.8% |
Top Suppliers of Grand Piano to Japan in 2022:
- Germany (735.0 units)
- United States (225.0 units)
- Italy (108.0 units)
- Austria (58.0 units)
- Czech Republic (50.0 units)
- Indonesia (48.0 units)
- China (36.0 units)
This report provides an in-depth analysis of the grand piano market in Japan. 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:
- Japan
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Japan
- 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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