Latest Report Update: May 26, 2021

Argentina - Pianos And Other Keyboard Stringed Musical Instruments - Market Analysis, Forecast, Size, Trends and Insights
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Argentina: Piano Market Overview 2021

Piano Market Size in Argentina

In 2020, after two years of decline, there was growth in the Argentinian piano market, when its value increased by X% to $X. Over the period under review, consumption continues to indicate a perceptible decrease. The most prominent rate of growth was recorded in 2010 when the market value increased by X% y-o-y. Over the period under review, the market attained the maximum level at $X in 2014; however, from 2015 to 2020, consumption failed to regain the momentum.

Piano Exports

Exports from Argentina

In 2020, shipments abroad of pianos and other keyboard stringed musical instruments was finally on the rise to reach X units after three years of decline. In general, exports, however, recorded a deep slump. The growth pace was the most rapid in 2016 when exports increased by X% year-to-year. Exports peaked at X units in 2007; however, from 2008 to 2020, exports remained at a lower figure.

In value terms, piano exports reached $X in 2020. Overall, exports, however, recorded a abrupt setback. The pace of growth was the most pronounced in 2011 with an increase of X% year-to-year. Exports peaked at $X in 2007; however, from 2008 to 2020, exports failed to regain the momentum.

Exports by Country

Paraguay (X units) was the main destination for piano exports from Argentina, with a X% share of total exports. Moreover, piano exports to Paraguay exceeded the volume sent to the second major destination, Uruguay (X units), fivefold. The U.S. (X units) ranked third in terms of total exports with a X% share.

From 2007 to 2020, the average annual rate of growth in terms of volume to Paraguay totaled -X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Uruguay (+X% per year) and the U.S. (-X% per year).

In value terms, Paraguay ($X) remains the key foreign market for piano exports from Argentina, comprising X% of total exports. The second position in the ranking was occupied by Uruguay ($X), with a X% share of total exports. It was followed by the U.S., with a X% share.

From 2007 to 2020, the average annual growth rate of value to Paraguay amounted to -X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Uruguay (-X% per year) and the U.S. (+X% per year).

Export Prices by Country

The average piano export price stood at $X per unit in 2020, dropping by -X% against the previous year. In general, the export price, however, enjoyed a measured expansion. The pace of growth was the most pronounced in 2011 when the average export price increased by X% year-to-year. The export price peaked at $X per unit in 2014; however, from 2015 to 2020, export prices failed to regain the momentum.

There were significant differences in the average prices for the major export markets. In 2020, the country with the highest price was Uruguay ($X per unit), while the average price for exports to Chile ($X per unit) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was recorded for supplies to the U.S., while the prices for the other major destinations experienced mixed trend patterns.

Piano Imports

Imports into Argentina

In 2020, approx. X units of pianos and other keyboard stringed musical instruments were imported into Argentina; which is down by -X% on the previous year. Over the period under review, imports faced a abrupt descent. The most prominent rate of growth was recorded in 2010 when imports increased by X% against the previous year. Imports peaked at X units in 2014; however, from 2015 to 2020, imports remained at a lower figure.

In value terms, piano imports reached $X in 2020. In general, imports recorded a noticeable reduction. The most prominent rate of growth was recorded in 2010 when imports increased by X% y-o-y. Imports peaked at $X in 2014; however, from 2015 to 2020, imports failed to regain the momentum.

Imports by Country

Indonesia (X units), China (X units) and Malaysia (X units) were the main suppliers of piano imports to Argentina, with a combined X% share of total imports. These countries were followed by the U.S., Germany, Japan and Panama, which together accounted for a further X 2007 to 2020, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Germany, while imports for the other leaders experienced a decline.

In value terms, the U.S. ($X), Germany ($X) and Indonesia ($X) constituted the largest piano suppliers to Argentina, with a combined X% share of total imports. These countries were followed by Malaysia, Japan, China and Panama, which together accounted for a further X the main suppliers, Malaysia saw the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average piano import price stood at $X per unit in 2020, surging by X% against the previous year. Overall, the import price enjoyed strong growth. The growth pace was the most rapid in 2016 when the average import price increased by X% against the previous year. The import price peaked in 2020 and is likely to continue growth in the near future.

Prices varied noticeably by the country of origin; the country with the highest price was Germany ($X per unit), while the price for Panama ($X per unit) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by the U.S., while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for pianos and other keyboard stringed musical instruments in the world?
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The country with the largest volume of piano consumption was Indonesia (49K units), accounting for 22% of total volume. Moreover, piano consumption in Indonesia exceeded the figures recorded by the second-largest consumer, Italy (22K units), twofold. The third position in this ranking was occupied by Viet Nam (21K units), with a 9.3% share.
What are the largest producers of pianos and other keyboard stringed musical instruments in the world?
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The countries with the highest volumes of piano production in 2020 were Japan (145K units), Indonesia (78K units) and Italy (23K units), with a combined 84% share of global production. The Czech Republic, India, Germany and Malaysia lagged somewhat behind, together accounting for a further 12%.
What are the leading suppliers of pianos and other keyboard stringed musical instruments to Argentina?
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In value terms, the largest piano suppliers to Argentina were the U.S. ($136K), Germany ($123K) and Indonesia ($110K), together accounting for 65% of total imports. Malaysia, Japan, China and Panama lagged somewhat behind, together accounting for a further 32%.
What are the leading importers of pianos and other keyboard stringed musical instruments from Argentina?
+
In value terms, Paraguay ($34K) remains the key foreign market for piano exports from Argentina, comprising 71% of total exports. The second position in the ranking was occupied by Uruguay ($10K), with a 21% share of total exports. It was followed by the U.S., with a 4.9% share.
What is the average export price for pianos and other keyboard stringed musical instruments in Argentina?
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The average piano export price stood at $3,328 per unit in 2020, which is down by -15.6% against the previous year.
What is the average import price for pianos and other keyboard stringed musical instruments in Argentina?
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In 2020, the average piano import price amounted to $4,711 per unit, picking up by 22% against the previous year.

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)

This report provides an in-depth analysis of the piano market in Argentina. 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 2025.


Country coverage:
• Argentina

Data coverage:
• Market volume and value
• Per Capita consumption
• Forecast of the market dynamics in the medium term
• Trade (exports and imports) in Argentina
• 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:
1. How to diversify your business and benefit from new market opportunities
2. How to load your idle production capacity
3. How to boost your sales on overseas markets
4. How to increase your profit margins
5. How to make your supply chain more sustainable
6. How to reduce your production and supply chain costs
7. How to outsource production to other countries
8. 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

1.1
REPORT DESCRIPTION
1.2
RESEARCH METHODOLOGY AND AI PLATFORM
1.3
DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
1.4
GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance

2.1
KEY FINDINGS
2.2
MARKET TRENDS
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects

3.1
MARKET SIZE
3.2
MARKET STRUCTURE
3.3
TRADE BALANCE
3.4
PER CAPITA CONSUMPTION
3.5
MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCTS

Finding New Products to Diversify Your Business

4.1
TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
4.2
BEST-SELLING PRODUCTS
4.3
MOST CONSUMED PRODUCT
4.4
MOST TRADED PRODUCT
4.5
MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain

5.1
TOP COUNTRIES TO SOURCE YOUR PRODUCT
5.2
TOP PRODUCING COUNTRIES
5.3
TOP EXPORTING COUNTRIES
5.4
LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports

6.1
TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
6.2
TOP CONSUMING MARKETS
6.3
UNSATURATED MARKETS
6.4
TOP IMPORTING MARKETS
6.5
MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry

7.1
PRODUCTION VOLUME AND VALUE
8. IMPORTS

The Largest Import Supplying Countries

8.1
IMPORTS FROM 2007–2020
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Destinations for Exports

9.1
EXPORTS FROM 2007–2020
9.2
EXPORTS BY COUNTRY
9.3
EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles

LIST OF TABLES
Table 1:
Key Findings In 2020
Table 2:
Market Volume, In Physical Terms, 2007–2020
Table 3:
Market Value, 2007–2020
Table 4:
Per Capita Consumption In 2007–2020
Table 5:
Imports, In Physical Terms, By Country, 2007–2020
Table 6:
Imports, In Value Terms, By Country, 2007–2020
Table 7:
Import Prices, By Country Of Origin, 2007–2020
Table 8:
Exports, In Physical Terms, By Country, 2007–2020
Table 9:
Exports, In Value Terms, By Country, 2007–2020
Table 10:
Export Prices, By Country Of Destination, 2007–2020
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2007–2020
Figure 2:
Market Value, 2007–2020
Figure 3:
Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2007–2020
Figure 4:
Market Structure – Domestic Supply vs. Imports, In Value Terms, 2007–2020
Figure 5:
Trade Balance, In Physical Terms, 2007–2020
Figure 6:
Trade Balance, In Value Terms, 2007–2020
Figure 7:
Per Capita Consumption, 2007–2020
Figure 8:
Market Forecast To 2025
Figure 9:
Products: Market Size And Growth, By Type
Figure 10:
Products: Average Per Capita Consumption, By Type
Figure 11:
Products: Exports And Growth, By Type
Figure 12:
Products: Export Prices And Growth, By Type
Figure 13:
Production Volume And Growth
Figure 14:
Exports And Growth
Figure 15:
Export Prices And Growth
Figure 16:
Market Size And Growth
Figure 17:
Per Capita Consumption
Figure 18:
Imports And Growth
Figure 19:
Import Prices
Figure 20:
Production, In Physical Terms, 2007–2020
Figure 21:
Production, In Value Terms, 2007–2020
Figure 22:
Imports, In Physical Terms, 2007–2020
Figure 23:
Imports, In Value Terms, 2007–2020
Figure 24:
Imports, In Physical Terms, By Country, 2020
Figure 25:
Imports, In Physical Terms, By Country, 2007–2020
Figure 26:
Imports, In Value Terms, By Country, 2007–2020
Figure 27:
Import Prices, By Country Of Origin, 2007–2020
Figure 28:
Exports, In Physical Terms, 2007–2020
Figure 29:
Exports, In Value Terms, 2007–2020
Figure 30:
Exports, In Physical Terms, By Country, 2020
Figure 31:
Exports, In Physical Terms, By Country, 2007–2020
Figure 32:
Exports, In Value Terms, By Country, 2007–2020
Figure 33:
Export Prices, By Country Of Destination, 2007–2020

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