Angola - Pianos And Other Keyboard Stringed Musical Instruments - Market Analysis, Forecast, Size, Trends and Insights
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View PricingPiano Price in Angola - 2022
Contents:
- Piano Price in Angola (CIF) - 2022
- Piano Price in Angola (FOB) - 2022
- Piano Imports in Angola
- Piano Exports in Angola
Piano Price in Angola (CIF) - 2022
The average piano import price stood at $975 per unit in 2022, jumping by 36% against the previous year. Over the period under review, the import price, however, recorded a mild decline. The pace of growth was the most pronounced in 2013 an increase of 93% against the previous year. As a result, import price attained the peak level of $2,084 per unit. From 2014 to 2022, the average import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Portugal ($3,845 per unit), while the price for Hong Kong SAR ($51 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Nigeria (+37.5%), while the prices for the other major suppliers experienced more modest paces of growth.
Piano Price in Angola (FOB) - 2022
The average piano export price stood at $335 per unit in 2022, standing approx. at the previous year. Overall, the export price recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2017 when the average export price increased by 50%. The export price peaked at $493 per unit in 2020; however, from 2021 to 2022, the export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($906 per unit), while the average price for exports to Belgium ($35 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 France (+29.5%), while the prices for the other major destinations experienced more modest paces of growth.
Piano Imports in Angola
In 2022, imports of pianos and other keyboard stringed musical instruments into Angola dropped slightly to 306 units, which is down by -2.2% against 2021. Overall, total imports indicated a prominent increase from 2019 to 2022: its volume increased at an average annual rate of +7.4% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +50.7% against 2020 indices. The pace of growth was the most pronounced in 2021 when imports increased by 54% against the previous year. As a result, imports attained the peak of 313 units, and then dropped in the following year.
In value terms, piano imports soared to $298K in 2022. In general, total imports indicated a prominent expansion from 2019 to 2022: its value increased at an average annual rate of +6.3% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +66.3% against 2020 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.
Import of Piano in Angola (Thousand USD) | |||||
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COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Portugal | 110 | 53.6 | 40.1 | 123 | 3.8% |
China | 11.0 | 5.2 | 52.6 | 55.9 | 71.9% |
United Arab Emirates | 2.7 | 14.5 | 5.8 | 26.7 | 114.6% |
Namibia | 6.4 | 5.5 | 16.3 | 26.6 | 60.8% |
United States | 16.6 | 7.0 | 10.6 | 21.6 | 9.2% |
Nigeria | 13.1 | 5.5 | 6.6 | 11.0 | -5.7% |
Belgium | 3.1 | 2.1 | 10.9 | 6.5 | 28.0% |
Switzerland | 0.7 | 1.3 | 2.2 | 5.7 | 101.2% |
United Kingdom | 3.8 | 4.0 | 3.7 | 2.6 | -11.9% |
Germany | 3.8 | 3.7 | 2.9 | 2.4 | -14.2% |
Canada | 3.2 | N/A | 0.1 | 0.2 | -60.3% |
Hong Kong SAR | 14.2 | 57.8 | 41.0 | 0.1 | -80.8% |
Tanzania | N/A | N/A | N/A | N/A | 0% |
Others | 60.3 | 19.1 | 31.3 | 15.9 | -35.9% |
Total | 249 | 179 | 224 | 298 | 6.2% |
Top Suppliers of Piano to Angola in 2022:
- China (134.0 units)
- United States (38.0 units)
- Portugal (32.0 units)
- Belgium (15.0 units)
- Switzerland (13.0 units)
- Namibia (12.0 units)
- Nigeria (11.0 units)
- United Arab Emirates (7.0 units)
- United Kingdom (6.0 units)
- Germany (6.0 units)
- Canada (2.0 units)
- Hong Kong SAR (1.0 units)
Piano Exports in Angola
In 2022, the amount of pianos and other keyboard stringed musical instruments exported from Angola reduced to 21 units, shrinking by -8.7% against 2021. Over the period under review, exports faced a precipitous decline. Over the period under review, the exports attained the peak figure at 42 units in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.
In value terms, piano exports shrank to $7K in 2022. Overall, exports faced a sharp contraction. The pace of growth was the most pronounced in 2020 with an increase of 16%. As a result, the exports attained the peak of $19K. From 2021 to 2022, the growth of the exports failed to regain momentum.
Export of Piano in Angola (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
South Africa | 1.6 | 0.4 | 0.5 | 3.2 | 26.0% |
France | 4.1 | 1.2 | 1.5 | 1.4 | -30.1% |
United States | 1.0 | 7.1 | 0.6 | 0.9 | -3.5% |
Cuba | N/A | N/A | 0.3 | 0.5 | 66.7% |
Portugal | 1.1 | 1.8 | 0.9 | 0.3 | -35.2% |
Algeria | N/A | N/A | N/A | 0.2 | 0% |
United Arab Emirates | N/A | N/A | N/A | 0.2 | 0% |
Sao Tome and Principe | N/A | N/A | N/A | 0.1 | 0% |
Australia | N/A | N/A | N/A | 0.1 | 0% |
Panama | N/A | N/A | N/A | 0.1 | 0% |
Sweden | N/A | N/A | N/A | 0.1 | 0% |
Dominican Republic | N/A | N/A | N/A | N/A | 0% |
Belgium | 0.4 | N/A | N/A | N/A | 0% |
Others | 7.9 | 8.2 | 4.0 | N/A | -28.8% |
Total | 16.1 | 18.7 | 7.7 | 7.0 | -24.2% |
Top Export Markets for Piano from Angola in 2022:
- South Africa (6.0 units)
- France (3.0 units)
- Portugal (2.0 units)
- Sao Tome and Principe (1.0 units)
- Australia (1.0 units)
- Algeria (1.0 units)
- United Arab Emirates (1.0 units)
- Panama (1.0 units)
- Cuba (1.0 units)
- United States (1.0 units)
- Sweden (1.0 units)
- Belgium (1.0 units)
- Dominican Republic (1.0 units)
This report provides an in-depth analysis of the piano market in Angola. 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 32201110 - Acoustic new upright pianos (including automatic pianos)
- Prodcom 32201130 - Acoustic grand pianos (including automatic pianos)
- Prodcom 32201150 - Keyboard stringed instruments (including harpsichords, s pinets and clavichords)
Country coverage:
- Angola
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Angola
- 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
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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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