Israel - Acoustic New Upright Pianos - Market Analysis, Forecast, Size, Trends And Insights
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View PricingUpright Piano Price in Israel - 2023
Contents:
- Upright Piano Price in Israel (CIF) - 2022
- Upright Piano Price in Israel (FOB) - 2022
- Upright Piano Imports in Israel
- Upright Piano Exports in Israel
Upright Piano Price in Israel (CIF) - 2022
In 2022, the average upright piano import price amounted to $2,621 per unit, waning by -2.9% against the previous year. Overall, the import price, however, saw a prominent increase. The most prominent rate of growth was recorded in 2019 an increase of 38% against the previous year. Over the period under review, average import prices hit record highs at $2,701 per unit in 2021, and then reduced slightly in the following year.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from Switzerland ($2,684 per unit) and the Netherlands ($2,667 per unit), while the price for South Korea ($2,618 per unit) and the Czech Republic ($2,636 per unit) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Switzerland (+12.6%), while the prices for the other major suppliers experienced more modest paces of growth.
Upright Piano Price in Israel (FOB) - 2022
In 2022, the average upright piano export price amounted to $1,000 per unit, with an increase of 351% against the previous year. Over the period under review, the export price saw a pronounced increase. The most prominent rate of growth was recorded in 2019 an increase of 404% against the previous year. Over the period under review, the average export prices attained the maximum in 2022 and is likely to continue growth in the immediate term.
As there is only one major export destination, the average price level is determined by prices for the United States.
From 2012 to 2022, the rate of growth in terms of prices for the United States amounted to +6.5% per year.
Upright Piano Imports in Israel
In 2022, after three years of growth, there was significant decline in overseas purchases of acoustic new upright pianos, when their volume decreased by -11.6% to 871 units. Over the period under review, imports continue to indicate a slight descent. The most prominent rate of growth was recorded in 2021 with an increase of 6.8% against the previous year. As a result, imports attained the peak of 985 units, and then fell in the following year.
In value terms, upright piano imports declined to $2.3M in 2022. In general, imports, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 with an increase of 11% against the previous year. Imports peaked at $2.7M in 2021, and then fell in the following year.
| Import of Upright Piano in Israel (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Japan | 962 | 1,190 | 979 | 1,039 | 2.6% |
| Indonesia | 55.6 | 6.2 | 259 | 233 | 61.2% |
| China | 246 | 170 | 490 | 224 | -3.1% |
| Germany | 170 | 48.1 | 95.3 | 157 | -2.6% |
| Czech Republic | 188 | 106 | 115 | 145 | -8.3% |
| United States | 125 | 381 | 177 | 103 | -6.2% |
| South Korea | 15.2 | 38.8 | 62.4 | 89.0 | 80.2% |
| Switzerland | 16.2 | 9.2 | 1.0 | 51.0 | 46.6% |
| Hong Kong SAR | 7.0 | 11.1 | 21.0 | 45.0 | 85.9% |
| Netherlands | 10.8 | 0.9 | 12.4 | 40.0 | 54.7% |
| United Kingdom | 80.2 | 178 | 40.0 | 32.0 | -26.4% |
| Italy | 71.5 | 53.8 | 48.9 | 1.0 | -75.9% |
| Taiwan (Chinese) | 46.6 | 43.4 | 48.8 | N/A | 2.3% |
| Others | 228 | 228 | 309 | 124 | -18.4% |
| Total | 2,222 | 2,466 | 2,660 | 2,283 | 0.9% |
Top Suppliers of Upright Piano to Israel in 2022:
- Japan (391.0 units)
- Indonesia (88.0 units)
- China (84.0 units)
- Germany (59.0 units)
- Czech Republic (55.0 units)
- United States (39.0 units)
- South Korea (34.0 units)
- Switzerland (19.0 units)
- Hong Kong SAR (17.0 units)
- Netherlands (15.0 units)
- United Kingdom (12.0 units)
- Italy (1.0 units)
Upright Piano Exports in Israel
In 2022, after three years of growth, there was significant decline in overseas shipments of acoustic new upright pianos, when their volume decreased by -83.3% to 1 units. In general, exports showed a precipitous shrinkage. The growth pace was the most rapid in 2021 when exports increased by 20%. As a result, the exports reached the peak of 6 units, and then plummeted in the following year.
In value terms, upright piano exports reduced markedly to $1K in 2022. Over the period under review, exports faced a deep slump. The smallest decline of -13.2% was in 2020. Over the period under review, the exports attained the peak figure at $1.8K in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.
| Export of Upright Piano in Israel (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 1,637 | 1,460 | 1,226 | 1,000 | -15.2% |
| Bulgaria | N/A | 8.0 | N/A | N/A | 0% |
| Spain | 11.0 | N/A | N/A | N/A | 0% |
| Thailand | N/A | N/A | 76.0 | N/A | 0% |
| Netherlands | 73.0 | 44.0 | 23.0 | N/A | -43.9% |
| France | N/A | N/A | 2.0 | N/A | 0% |
| Czech Republic | N/A | 18.0 | 1.0 | N/A | -94.4% |
| Angola | 36.0 | N/A | N/A | N/A | 0% |
| Georgia | 10.0 | 4.0 | 2.0 | N/A | -55.3% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 1,767 | 1,534 | 1,330 | 1,000 | -17.3% |
Top Export Markets for Upright Piano from Israel in 2022:
- United States (1.0 units)
This report provides an in-depth analysis of the upright piano market in Israel. 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:
- Israel
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Israel
- 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
-
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
-
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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