EU - Pianos And Other Keyboard Stringed Musical Instruments - Market Analysis, Forecast, Size, Trends and Insights

EU - Pianos And Other Keyboard Stringed Musical Instruments - Market Analysis, Forecast, Size, Trends and Insights

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Abstract
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Table of Contents
EU: Piano Market Overview 2019

Piano Market Size in the EU

The revenue of the piano market in the European Union amounted to $X in 2017, growing by X% against the previous year. The piano consumption continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2017, when it surged by X% y-o-y. Over the period under review, the piano market reached its peak figure level of $X in 2008; however, from 2009 to 2017, it stood at a somewhat lower level.

Piano Production in the EU

In 2017, production of pianos and other keyboard stringed musical instruments in the European Union amounted to X units, therefore, remained relatively stable against the previous year. The piano production continues to indicate a significant decrease. The growth pace was the most rapid in 2017, when the output figure increased by X% y-o-y. Over the period under review, the piano production attained its maximum volume of X units in 2007; however, from 2008 to 2017, it failed to regain its momentum.

Piano Exports

Exports in the EU

The exports stood at X units in 2017, dropping by -X% against the previous year. The piano exports continue to indicate a deep curtailment. The most prominent rate of growth was recorded in 2013, when it surged by X% y-o-y. Over the period under review, the piano exports reached its peak figure volume of X units in 2007; however, from 2008 to 2017, it stood at a somewhat lower level.

In value terms, piano exports amounted to $X in 2017. The piano exports continue to indicate a slight curtailment. Over the period under review, the piano exports reached its maximum level of $X in 2014; however, from 2015 to 2017, it failed to regain its momentum.

Exports by Country

In 2017, Germany (X units) represented the largest exporter for pianos and other keyboard stringed musical instruments, comprising X% of total exports. The Czech Republic (X units) occupied a X% share (based on tonnes) of total exports, which put it in second place, followed by the UK (X%), Austria (X%) and France (X%). Italy (X units) and Belgium (X units) took the minor share of total exports.

From 2007 to 2017, average annual rates of growth with regard to piano exports from Germany stood at -X%. At the same time, France (+X%) displayed positive paces of growth. Moreover, France emerged as the fastest growing exporter in the European Union, with a CAGR of +X% from 2007-2017. By contrast, the Czech Republic (-X%), Italy (-X%), Austria (-X%), the UK (-X%) and Belgium (-X%) illustrated a downward trend over the same period. While the share of the UK (X%), Germany (X%), Austria (X%), Belgium (X%) and the Czech Republic (X%) increased significantly in terms of the global exports from 2007-2017, the share of France (-X%) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Germany ($X) remains the largest piano supplier in the European Union, making up X% of global exports. The second position in the ranking was occupied by the Czech Republic ($X), with a X% share of global exports. It was followed by Italy, with a X% share.

From 2007 to 2017, the average annual rate of growth in terms of value in Germany was relatively modest. The remaining exporting countries recorded the following average annual rates of exports growth: the Czech Republic (+X% per year) and Italy (+X% per year).

Export Prices by Country

The piano export price in the European Union stood at $X thousand per unit in 2017, jumping by X% against the previous year. The export price indicated a strong expansion from 2007 to 2017: its price increased at an average annual rate of +X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations throughout the analyzed period. Based on 2017 figures, the piano export price increased by +X% against 2011 indices. The pace of growth was the most pronounced in 2017, an increase of X% against the previous year. In that year, the export prices for pianos and other keyboard stringed musical instruments reached their peak level, and is likely to continue its growth in the immediate term.

There were significant differences in the average export prices amongst the major exporting countries. In 2017, the country with the highest export price was Germany ($X thousand per unit), while the UK ($X thousand per unit) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of export prices was attained by France (+X% per year), while the other leaders experienced more modest paces of growth.

Piano Imports

Imports in the EU

The imports stood at X units in 2017, remaining stable against the previous year. The piano imports continue to indicate an abrupt downturn. The pace of growth was the most pronounced in 2014, when it surged by X% year-to-year. The volume of imports peaked of X units in 2008; however, from 2009 to 2017, it failed to regain its momentum.

In value terms, piano imports stood at $X in 2017. The piano imports continue to indicate a deep decrease. In that year, the piano imports reached their peak level of $X. From 2009 to 2017, growth of the piano imports stood at a somewhat lower level.

Imports by Country

In 2017, Germany (X units) and France (X units) were the main importers of pianos and other keyboard stringed musical instruments in the globe, together making up X% of total imports. The UK (X units) ranks second in terms of the global imports with a X% share, followed by Italy (X%) and Belgium (X%). The Netherlands (X units), Poland (X units), Austria (X units), Spain (X units) and Portugal (X units) followed a long way behind the leaders.

From 2007 to 2017, the most notable rate of growth in terms of imports, amongst the main importing countries, was attained by Poland (+X% per year), while the other leaders experienced a decline in the imports figures.

In value terms, Germany ($X), France ($X) and the UK ($X) appeared to be the countries with the highest levels of imports in 2017, with a combined X% share of total imports. Italy, Belgium, Poland, Spain, Austria, the Netherlands and Portugal lagged somewhat behind, together accounting for a further X%.

Poland (+X% per year) recorded the highest rates of growth with regard to imports, among the main importing countriesover the last decade, while the other leaders experienced a decline in the imports figures.

Import Prices by Country

The piano import price in the European Union stood at $X thousand per unit in 2017, falling by -X% against the previous year. The piano import price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013, when the import prices increased by X% against the previous year. Over the period under review, the import prices for pianos and other keyboard stringed musical instruments reached its maximum level of $X thousand per unit in 2016, and then declined slightly in the following year.

There were significant differences in the average import prices amongst the major importing countries. In 2017, the country with the highest import price was Spain ($X thousand per unit), while Portugal ($X thousand per unit) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of import prices was attained by the Netherlands (+X% per year), while the other leaders experienced more modest paces of growth.

Product coverage:
UNCode 38310-0 - Pianos and other keyboard stringed musical instruments;
HS 9201 - Pianos; including automatic pianos, harpsichords and other keyboard stringed instruments;
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) ;
NAICS 339992 - ARTICLES OF CATGUT,NESOI.

This report provides an in-depth analysis of the piano market in the EU. 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: Austria, Belgium, Bulgaria, Croatia, Cyprus, Czech Republic, Denmark, Estonia, Finland, France, Germany, Greece, Hungary, Ireland, Italy, Latvia, Lithuania, Luxembourg, Malta, Netherlands, Poland, Portugal, Romania , Slovakia, Slovenia, Spain, Sweden, United Kingdom.

Data coverage:
• Market volume and value;
• Per Capita consumption;
• Forecast of the market dynamics in the medium term;
• Production in the EU, split by region and country;
• Trade (exports and imports) in the EU;
• 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 CONSUMPTION BY COUNTRY
3.3 MARKET FORECAST TO 2025

4. MOST PROMISING PRODUCTS
Finding New Products to Diversify Your Business
NOTE: THIS CHAPTER IS AVAILABLE ONLY FOR PROFESSIONAL EDITION
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
NOTE: THIS CHAPTER IS AVAILABLE ONLY FOR PROFESSIONAL EDITION
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
NOTE: THIS CHAPTER IS AVAILABLE ONLY FOR PROFESSIONAL EDITION
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
7.2 PRODUCTION BY COUNTRY

8. IMPORTS
The Largest Importers on The Market and How They Succeed
8.1 IMPORTS FROM 2007–2017
8.2 IMPORTS BY COUNTRY
8.3 IMPORT PRICES BY COUNTRY

9. EXPORTS
The Largest Exporters on The Market and How They Succeed
9.1 EXPORTS FROM 2007–2017
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
NOTE: THIS CHAPTER IS AVAILABLE ONLY FOR PROFESSIONAL EDITION

11. COUNTRY PROFILES
The Largest Markets And Their Profiles
NOTE: THIS CHAPTER IS AVAILABLE ONLY FOR PROFESSIONAL EDITION
Austria
Belgium
Bulgaria
Croatia
Cyprus
Czech Republic
Denmark
Estonia
Finland
France
Germany
Greece
Hungary
Ireland
Italy
Latvia
Lithuania
Luxembourg
Malta
Netherlands
Poland
Portugal
Romania
Slovakia
Slovenia
Spain
Sweden
United Kingdom

LIST OF TABLES
Table 1: Key Findings In 2017
Table 2: Market Volume, In Physical Terms, 2007–2017
Table 3: Market Value, 2007–2017
Table 4: Per Capita Consumption, By Country, 2015-2017
Table 5: Production, In Physical Terms, By Country, 2007–2017
Table 6: Imports, In Physical Terms, By Country, 2007–2017
Table 7: Imports, In Value Terms, By Country, 2007–2017
Table 8: Import Prices, By Country Of Destination, 2007–2017
Table 9: Exports, In Physical Terms, By Country, 2007–2017
Table 10: Exports, In Value Terms, By Country, 2007–2017
Table 11: Export Prices, By Country Of Origin, 2007–2017

LIST OF FIGURES
Figure 1: Market Volume, In Physical Terms, 2007–2017
Figure 2: Market Value, 2007–2017
Figure 3: Consumption, By Country, 2017
Figure 4: Market Forecast To 2025
Figure 5: Products: Market Size And Growth, By Type
Figure 6: Products: Average Per Capita Consumption, By Type
Figure 7: Products: Exports And Growth, By Type
Figure 8: Products: Export Prices And Growth, By Type
Figure 9: Production Volume And Growth
Figure 10: Exports And Growth
Figure 11: Export Prices And Growth
Figure 12: Market Size And Growth
Figure 13: Per Capita Consumption
Figure 14: Imports And Growth
Figure 15: Import Prices
Figure 16: Production, In Physical Terms, 2007–2017
Figure 17: Production, In Value Terms, 2007–2017
Figure 18: Production, By Country, 2017
Figure 19: Production, In Physical Terms, By Country, 2007–2017
Figure 20: Imports, In Physical Terms, 2007–2017
Figure 21: Imports, In Value Terms, 2007–2017
Figure 22: Imports, In Physical Terms, By Country, 2017
Figure 23: Imports, In Physical Terms, By Country, 2007–2017
Figure 24: Imports, In Value Terms, By Country, 2007–2017
Figure 25: Import Prices, By Country, 2007–2017
Figure 26: Exports, In Physical Terms, 2007–2017
Figure 27: Exports, In Value Terms, 2007–2017
Figure 28: Exports, In Physical Terms, By Country, 2017
Figure 29: Exports, In Physical Terms, By Country, 2007–2017
Figure 30: Exports, In Value Terms, By Country, 2007–2017
Figure 31: Export Prices, 2007–2017

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