Egypt - Acoustic New Upright Pianos - Market Analysis, Forecast, Size, Trends And Insights
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View PricingUpright Piano Price in Egypt - 2023
Contents:
- Upright Piano Price in Egypt (CIF) - 2022
- Upright Piano Price in Egypt (FOB) - 2022
- Upright Piano Imports in Egypt
- Upright Piano Exports in Egypt
Upright Piano Price in Egypt (CIF) - 2022
In 2022, the average upright piano import price amounted to $2,201 per unit, jumping by 85% against the previous year. Overall, the import price posted significant growth. The pace of growth appeared the most rapid in 2021 when the average import price increased by 125%. Over the period under review, average import prices attained the maximum in 2022 and is expected to retain growth in years to come.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Indonesia ($2,745 per unit), while the price for the United States ($175 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Korea (+459.2%), while the prices for the other major suppliers experienced more modest paces of growth.
Upright Piano Price in Egypt (FOB) - 2022
In 2022, the average upright piano export price amounted to $347 per unit, with an increase of 66% against the previous year. In general, the export price showed a relatively flat trend pattern. The growth pace was the most rapid in 2015 when the average export price increased by 232%. Over the period under review, the average export prices attained the peak figure at $1,808 per unit in 2016; however, from 2017 to 2022, the export prices stood at a somewhat lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United Arab Emirates ($1,089 per unit), while the average price for exports to France ($24 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 Kuwait (+9.5%), while the prices for the other major destinations experienced mixed trend patterns.
Upright Piano Imports in Egypt
Upright piano imports into Egypt reduced dramatically to 49 units in 2022, which is down by -55.9% on the year before. Over the period under review, imports continue to indicate a precipitous shrinkage. The most prominent rate of growth was recorded in 2021 with an increase of 429% against the previous year. Over the period under review, imports reached the maximum at 126 units in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.
In value terms, upright piano imports reduced markedly to $108K in 2022. In general, imports, however, saw a significant increase. The pace of growth appeared the most rapid in 2021 when imports increased by 1,087%. As a result, imports attained the peak of $132K, and then shrank remarkably in the following year.
| Import of Upright Piano in Egypt (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Taiwan (Chinese) | N/A | N/A | N/A | 41.0 | 0% |
| China | 4.4 | 0.3 | 2.3 | 38.6 | 106.2% |
| Indonesia | 1.3 | 0.2 | 3.2 | 22.0 | 156.7% |
| South Korea | N/A | N/A | 0.2 | 2.7 | 1250.0% |
| United Arab Emirates | 1.4 | 3.0 | 58.8 | 1.9 | 10.7% |
| United States | 1.7 | N/A | 0.2 | 1.2 | -11.0% |
| Belgium | 0.4 | N/A | 0.3 | 0.5 | 7.7% |
| Japan | 7.6 | 1.6 | 29.2 | N/A | 96.0% |
| Austria | 17.2 | 4.5 | 30.2 | N/A | 32.5% |
| Malaysia | 0.5 | N/A | N/A | N/A | 0% |
| South Africa | 0.1 | N/A | N/A | N/A | 0% |
| Czech Republic | 8.6 | 1.0 | 5.9 | N/A | -17.2% |
| Netherlands | 1.2 | 0.2 | 1.0 | N/A | -8.7% |
| Others | 1.7 | 0.3 | 0.9 | N/A | -27.2% |
| Total | 46.0 | 11.1 | 132 | 108 | 32.9% |
Top Suppliers of Upright Piano to Egypt in 2022:
- Taiwan (Chinese) (15.0 units)
- China (15.0 units)
- Indonesia (8.0 units)
- United States (7.0 units)
- South Korea (2.0 units)
- United Arab Emirates (1.0 units)
- Belgium (1.0 units)
Upright Piano Exports in Egypt
In 2022, the amount of acoustic new upright pianos exported from Egypt contracted notably to 4 units, dropping by -20% on the previous year's figure. Overall, exports, however, posted a buoyant expansion. The pace of growth appeared the most rapid in 2021 with an increase of 150% against the previous year. As a result, the exports reached the peak of 5 units, and then shrank notably in the following year.
In value terms, upright piano exports surged to $1.4K in 2022. In general, exports recorded a deep reduction. The exports peaked at $2.4K in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.
| Export of Upright Piano in Egypt (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Arab Emirates | 1,946 | 1,434 | 597 | 1,089 | -17.6% |
| Kuwait | 391 | 300 | 130 | 246 | -14.3% |
| Jordan | N/A | N/A | N/A | 30.0 | 0% |
| France | 93.0 | N/A | N/A | 24.0 | -36.3% |
| United States | N/A | N/A | 63.0 | N/A | 0% |
| Italy | N/A | N/A | 187 | N/A | 0% |
| Saudi Arabia | N/A | N/A | 66.0 | N/A | 0% |
| Others | N/A | 2.0 | N/A | N/A | 0% |
| Total | 2,430 | 1,736 | 1,043 | 1,389 | -17.0% |
Top Export Markets for Upright Piano from Egypt in 2022:
- United Arab Emirates (1.0 units)
- France (1.0 units)
- Jordan (1.0 units)
- Kuwait (1.0 units)
This report provides an in-depth analysis of the upright piano market in Egypt. 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:
- Egypt
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Egypt
- 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.
-
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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