Germany - Acoustic New Upright Pianos - Market Analysis, Forecast, Size, Trends And Insights
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View PricingUpright Piano Price in Germany - 2023
Contents:
- Upright Piano Price in Germany (FOB) - 2023
- Upright Piano Price in Germany (CIF) - 2023
- Upright Piano Exports in Germany
- Upright Piano Imports in Germany
Upright Piano Price in Germany (FOB) - 2023
In July 2023, the average upright piano export price amounted to $7,208 per unit, declining by -16.1% against the previous month. Over the period under review, the export price, however, saw a relatively flat trend pattern. The pace of growth appeared the most rapid in March 2023 when the average export price increased by 49% against the previous month. Over the period under review, the average export prices attained the peak figure at $8,594 per unit in June 2023, and then fell remarkably in the following month.
Prices varied noticeably by the country of destination: the country with the highest price was the United States ($18,591 per unit), while the average price for exports to Austria ($3,814 per unit) was amongst the lowest.
From July 2022 to July 2023, the most notable rate of growth in terms of prices was recorded for supplies to the United States (+6.2%), while the prices for the other major destinations experienced more modest paces of growth.
Upright Piano Price in Germany (CIF) - 2023
The average upright piano import price stood at $2,850 per unit in July 2023, falling by -7.9% against the previous month. Overall, the import price, however, continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in December 2022 an increase of 22% month-to-month. Over the period under review, average import prices attained the maximum at $3,131 per unit in January 2023; afterwards, it flattened through to July 2023.
Prices varied noticeably by the country of origin: the country with the highest price was Poland ($3,993 per unit), while the price for China ($1,485 per unit) was amongst the lowest.
From July 2022 to July 2023, the most notable rate of growth in terms of prices was attained by Indonesia (+2.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Upright Piano Exports in Germany
In 2022, approx. 8.6K units of acoustic new upright pianos were exported from Germany; growing by 4.3% compared with the previous year's figure. In general, exports, however, recorded a perceptible decline. The pace of growth was the most pronounced in 2021 when exports increased by 21% against the previous year. Over the period under review, the exports reached the maximum at 9.2K units in 2019; however, from 2020 to 2022, the exports remained at a lower figure.
In value terms, upright piano exports fell modestly to $54M in 2022. The total export value increased at an average annual rate of +2.6% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 when exports increased by 34%. As a result, the exports attained the peak of $55M, and then contracted slightly in the following year.
| Export of Upright Piano in Germany (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 8.4 | 5.5 | 6.8 | 8.0 | -1.6% |
| Switzerland | 6.8 | 7.0 | 8.8 | 6.9 | 0.5% |
| France | 6.1 | 4.1 | 5.9 | 5.9 | -1.1% |
| United Kingdom | 2.9 | 2.9 | 3.4 | 4.9 | 19.1% |
| United States | 2.1 | 1.9 | 4.3 | 4.7 | 30.8% |
| Belgium | 3.0 | 3.1 | 3.5 | 2.9 | -1.1% |
| Austria | 2.6 | 2.6 | 3.5 | 2.8 | 2.5% |
| Netherlands | 1.9 | 1.9 | 2.1 | 2.3 | 6.6% |
| Japan | 2.2 | 1.1 | 1.8 | 1.8 | -6.5% |
| Poland | 0.9 | 0.7 | 1.0 | 0.9 | 0.0% |
| Norway | 0.8 | 0.7 | 0.8 | 0.9 | 4.0% |
| United Arab Emirates | 0.1 | 0.1 | 0.2 | 0.4 | 58.7% |
| Others | 12.1 | 9.2 | 12.5 | 11.3 | -2.3% |
| Total | 49.7 | 40.8 | 54.7 | 53.8 | 2.7% |
Top Export Markets for Upright Piano from Germany in 2022:
- Switzerland (1263.0 units)
- France (1042.0 units)
- Austria (734.0 units)
- Belgium (707.0 units)
- China (665.0 units)
- Netherlands (604.0 units)
- United Kingdom (588.0 units)
- United States (363.0 units)
- Poland (280.0 units)
- Norway (187.0 units)
- Japan (184.0 units)
- United Arab Emirates (133.0 units)
Upright Piano Imports in Germany
Upright piano imports into Germany rose rapidly to 14K units in 2022, picking up by 9.3% compared with the previous year's figure. Over the period under review, imports, however, saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 when imports increased by 16%. Imports peaked at 14K units in 2019; however, from 2020 to 2022, imports failed to regain momentum.
In value terms, upright piano imports expanded markedly to $40M in 2022. The total import value increased at an average annual rate of +3.0% from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2021 when imports increased by 21%. Over the period under review, imports hit record highs in 2022 and are likely to continue growth in years to come.
| Import of Upright Piano in Germany (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Indonesia | 21.4 | 15.7 | 19.1 | 24.4 | 4.5% |
| Japan | 7.5 | 6.7 | 8.2 | 8.0 | 2.2% |
| China | 2.7 | 2.7 | 4.5 | 3.8 | 12.1% |
| Poland | 1.6 | 1.5 | 1.4 | 1.9 | 5.9% |
| Czech Republic | 2.4 | 2.2 | 2.0 | 0.5 | -40.7% |
| Others | 0.9 | 0.9 | 0.9 | 1.1 | 6.9% |
| Total | 36.4 | 29.8 | 36.1 | 39.7 | 2.9% |
Top Suppliers of Upright Piano to Germany in 2022:
- Indonesia (9.6K units)
- China (1.9K units)
- Japan (1.7K units)
- Poland (0.6K units)
- Czech Republic (0.1K units)
This report provides an in-depth analysis of the upright piano market in Germany. 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:
- Germany
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Germany
- 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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