Kenya - Pianos And Other Keyboard Stringed Musical Instruments - Market Analysis, Forecast, Size, Trends and Insights
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View PricingPiano Price in Kenya - 2021
Contents:
- Piano Price in Kenya (CIF) - 2022
- Piano Price in Kenya (FOB) - 2022
- Piano Imports in Kenya
- Piano Exports in Kenya
Piano Price in Kenya (CIF) - 2022
In 2022, the average piano import price amounted to $1,087 per unit, surging by 144% against the previous year. Over the period under review, the import price, however, recorded a noticeable slump. The import price peaked at $2,327 per unit in 2017; however, from 2018 to 2022, import prices stood at a somewhat lower figure.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was China ($3,979 per unit), while the price for Sweden ($49 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Zambia (+42.2%), while the prices for the other major suppliers experienced more modest paces of growth.
Piano Price in Kenya (FOB) - 2022
In 2022, the average piano export price amounted to $801 per unit, with an increase of 68% against the previous year. Over the period under review, the export price recorded a perceptible increase. The growth pace was the most rapid in 2018 when the average export price increased by 83% against the previous year. The export price peaked in 2022 and is expected to retain growth in the near future.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Switzerland ($2,758 per unit), while the average price for exports to Pakistan ($5 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 the United Arab Emirates (+820.3%), while the prices for the other major destinations experienced more modest paces of growth.
Piano Imports in Kenya
Piano imports into Kenya shrank remarkably to 114 units in 2022, with a decrease of -82.3% on the previous year's figure. Over the period under review, imports continue to indicate a dramatic slump. The pace of growth appeared the most rapid in 2021 with an increase of 310% against the previous year. As a result, imports reached the peak of 644 units, and then declined dramatically in the following year.
In value terms, piano imports fell rapidly to $124K in 2022. In general, imports saw a dramatic setback. The most prominent rate of growth was recorded in 2021 when imports increased by 27% against the previous year. Imports peaked at $564K in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.
| Import of Piano in Kenya (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Indonesia | 56.6 | 11.8 | 12.0 | 38.4 | -12.1% |
| China | 174 | 68.0 | 48.0 | 23.9 | -48.4% |
| Netherlands | 57.0 | 37.1 | 2.9 | 23.5 | -25.6% |
| United Kingdom | 3.7 | 7.2 | 5.8 | 15.3 | 60.5% |
| Japan | 189 | 13.2 | 44.8 | 8.0 | -65.1% |
| United States | 8.8 | 4.3 | 2.8 | 4.9 | -17.7% |
| Canada | 0.6 | 0.1 | 0.7 | 1.2 | 26.0% |
| Germany | 3.6 | 1.3 | 2.1 | 0.6 | -45.0% |
| South Africa | 2.7 | 1.2 | 1.7 | 0.4 | -47.1% |
| Zambia | 0.1 | N/A | N/A | 0.4 | 58.7% |
| South Korea | 8.7 | 1.0 | 1.6 | 0.3 | -67.5% |
| Sweden | 3.0 | 1.1 | 1.7 | 0.2 | -59.5% |
| Finland | 3.8 | 0.7 | 1.3 | 0.2 | -62.5% |
| Others | 52.0 | 78.9 | 161 | 6.6 | -49.7% |
| Total | 564 | 226 | 286 | 124 | -39.6% |
Top Suppliers of Piano to Kenya in 2022:
- Japan (19.0 units)
- United States (13.0 units)
- United Kingdom (13.0 units)
- Indonesia (12.0 units)
- Netherlands (9.0 units)
- China (6.0 units)
- Sweden (5.0 units)
- Canada (3.0 units)
- Finland (3.0 units)
- Germany (3.0 units)
- South Korea (3.0 units)
- South Africa (2.0 units)
- Zambia (2.0 units)
Piano Exports in Kenya
In 2022, exports of pianos and other keyboard stringed musical instruments from Kenya fell significantly to 25 units, dropping by -24.2% compared with 2021 figures. Over the period under review, exports saw a abrupt descent. The most prominent rate of growth was recorded in 2021 with an increase of 27%. As a result, the exports reached the peak of 33 units, and then declined notably in the following year.
In value terms, piano exports surged to $20K in 2022. In general, exports, however, posted strong growth. The pace of growth was the most pronounced in 2021 when exports increased by 88%. The exports peaked in 2022 and are expected to retain growth in the near future.
| Export of Piano in Kenya (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Cote d'Ivoire | 0.4 | 0.4 | 1.5 | 7.3 | 163.3% |
| Switzerland | 1.0 | 0.1 | 0.5 | 2.8 | 40.9% |
| United Arab Emirates | N/A | N/A | 0.1 | 2.0 | 1900.0% |
| Uganda | 1.5 | 0.7 | 1.3 | 1.6 | 2.2% |
| Burundi | 0.2 | 0.1 | 0.1 | 1.3 | 86.6% |
| Senegal | N/A | N/A | N/A | 1.3 | 0% |
| South Sudan | 0.9 | 0.4 | 0.8 | 1.3 | 13.0% |
| Philippines | N/A | N/A | N/A | 0.3 | 0% |
| Rwanda | 5.3 | 2.1 | 1.4 | 0.2 | -66.5% |
| India | 0.7 | N/A | N/A | 0.1 | -47.7% |
| Tanzania | 3.6 | 2.0 | 0.2 | 0.1 | -69.7% |
| Oman | N/A | N/A | N/A | N/A | 0% |
| Pakistan | N/A | N/A | N/A | N/A | 0% |
| Others | 3.0 | 2.7 | 10.0 | 1.7 | -17.2% |
| Total | 16.7 | 8.4 | 15.8 | 20.0 | 6.2% |
Top Export Markets for Piano from Kenya in 2022:
- Cote d'Ivoire (5.0 units)
- United Arab Emirates (3.0 units)
- Pakistan (2.0 units)
- Philippines (2.0 units)
- Tanzania (2.0 units)
- South Sudan (2.0 units)
- Oman (1.0 units)
- India (1.0 units)
- Burundi (1.0 units)
- Senegal (1.0 units)
- Rwanda (1.0 units)
- Uganda (1.0 units)
- Switzerland (1.0 units)
This report provides an in-depth analysis of the piano market in Kenya. 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:
- Kenya
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Kenya
- 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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