Austria - Acoustic New Upright Pianos - Market Analysis, Forecast, Size, Trends And Insights
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View PricingUpright Piano Price in Austria - 2023
Contents:
- Upright Piano Price in Austria (CIF) - 2022
- Upright Piano Price in Austria (FOB) - 2022
- Upright Piano Imports in Austria
- Upright Piano Exports in Austria
Upright Piano Price in Austria (CIF) - 2022
The average upright piano import price stood at $2,894 per unit in 2022, which is down by -8.1% against the previous year. Overall, the import price, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 when the average import price increased by 23% against the previous year. The import price peaked at $3,148 per unit in 2021, and then declined in the following year.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($3,167 per unit), while the price for China totaled $1,827 per unit.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Indonesia (+3.2%), while the prices for the other major suppliers experienced a decline.
Upright Piano Price in Austria (FOB) - 2022
In 2022, the average upright piano export price amounted to $12,706 per unit, growing by 40% against the previous year. Overall, the export price recorded a buoyant expansion. The most prominent rate of growth was recorded in 2017 when the average export price increased by 83% against the previous year. The export price peaked in 2022 and is likely to continue growth in the near future.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Germany ($16,960 per unit), while the average price for exports to Italy ($2,800 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) (+18.8%), while the prices for the other major destinations experienced more modest paces of growth.
Upright Piano Imports in Austria
In 2022, imports of acoustic new upright pianos into Austria plummeted to 662 units, which is down by -24.3% against 2021 figures. In general, imports recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when imports increased by 36% against the previous year. As a result, imports attained the peak of 875 units, and then reduced rapidly in the following year.
In value terms, upright piano imports shrank sharply to $1.9M in 2022. Over the period under review, total imports indicated a strong increase from 2019 to 2022: its value increased at an average annual rate of +6.7% 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 +21.4% against 2019 indices. The most prominent rate of growth was recorded in 2021 with an increase of 46% against the previous year. As a result, imports reached the peak of $2.8M, and then fell dramatically in the following year.
| Import of Upright Piano in Austria (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 62.1 | 326 | 576 | 1,580 | 194.1% |
| China | 382 | 260 | 388 | 280 | -9.8% |
| Japan | 358 | 376 | 532 | N/A | 21.9% |
| Indonesia | 763 | 814 | 1,231 | N/A | 27.0% |
| Others | 12.8 | 110 | 28.0 | 55.8 | 63.4% |
| Total | 1,578 | 1,886 | 2,755 | 1,916 | 6.7% |
Top Suppliers of Upright Piano to Austria in 2022:
- Germany (499.0 units)
- China (153.0 units)
Upright Piano Exports in Austria
For the fourth year in a row, Austria recorded growth in shipments abroad of acoustic new upright pianos, which increased by 56% to 410 units in 2022. Over the period under review, exports showed a significant expansion. The most prominent rate of growth was recorded in 2020 with an increase of 130%. Over the period under review, the exports reached the maximum in 2022 and are expected to retain growth in the immediate term.
In value terms, upright piano exports skyrocketed to $5.2M in 2022. In general, exports recorded a significant increase. The most prominent rate of growth was recorded in 2020 with an increase of 314%. The exports peaked in 2022 and are likely to continue growth in the immediate term.
| Export of Upright Piano in Austria (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 11.2 | 13.8 | 599 | 3,940 | 605.9% |
| Germany | 37.3 | 1,063 | 571 | 628 | 156.3% |
| Switzerland | 183 | 185 | 218 | 196 | 2.3% |
| Israel | N/A | N/A | 129 | 143 | 10.9% |
| Serbia | 24.0 | N/A | 27.0 | 73.2 | 45.0% |
| Italy | N/A | N/A | 30.6 | 19.6 | -35.9% |
| Egypt | N/A | N/A | 484 | 4.0 | -99.2% |
| Others | 130 | 333 | 327 | 206 | 16.6% |
| Total | 386 | 1,595 | 2,385 | 5,209 | 138.1% |
Top Export Markets for Upright Piano from Austria in 2022:
- United States (298.0 units)
- Germany (37.0 units)
- Serbia (13.0 units)
- Switzerland (12.0 units)
- Israel (11.0 units)
- Italy (7.0 units)
- Egypt (2.0 units)
This report provides an in-depth analysis of the upright piano market in Austria. 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)
Country coverage:
- Austria
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Austria
- 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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