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Latest Report Update: Dec 26, 2019

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

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Ireland: Piano Market Overview 2020

Piano Market Size in Ireland

The revenue of the piano market in Ireland amounted to $X in 2018, growing by X% against the previous year. Over the period under review, piano consumption, however, continues to indicate a drastic setback. The most prominent rate of growth was recorded in 2010 when the market value increased by X% against the previous year. Over the period under review, the piano market attained its maximum level at $X in 2007; however, from 2008 to 2018, consumption stood at a somewhat lower figure.

Piano Production in Ireland

In value terms, piano production stood at $X in 2018 estimated in export prices. The total output value increased at an average annual rate of +X% over the period from 2007 to 2018; the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2010 with an increase of X% year-to-year. Piano production peaked in 2018 and is likely to continue its growth in the near future.

Piano Exports

Exports from Ireland

In 2018, approx. X units of pianos and other keyboard stringed musical instruments were exported from Ireland; stabilizing at the previous year. Over the period under review, piano exports, however, continue to indicate a strong increase. The growth pace was the most rapid in 2009 when exports increased by X% year-to-year. In that year, piano exports attained their peak of X units. From 2010 to 2018, the growth of piano exports remained at a somewhat lower figure.

In value terms, piano exports totaled $X in 2018. Over the period under review, piano exports, however, continue to indicate a resilient increase. The most prominent rate of growth was recorded in 2014 when exports increased by X% y-o-y. Exports peaked in 2018 and are likely to see steady growth in the immediate term.

Exports by Country

The UK (X units) was the main destination for piano exports from Ireland, accounting for a X% share of total exports. Moreover, piano exports to the UK exceeded the volume sent to the second major destination, the U.S. (X units), more than tenfold.

From 2007 to 2018, the average annual rate of growth in terms of volume to the UK amounted to +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: the U.S. (+X% per year) and Japan (+X% per year).

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

From 2007 to 2018, the average annual growth rate of value to the UK stood at +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: the U.S. (+X% per year) and Japan (+X% per year).

Export Prices by Country

In 2018, the average piano export price amounted to $X per unit, surging by X% against the previous year. Overall, the piano export price continues to indicate a notable increase. The pace of growth was the most pronounced in 2010 when the average export price increased by X% against the previous year. Over the period under review, the average export prices for pianos and other keyboard stringed musical instruments attained their peak figure in 2018 and is likely to see steady growth in the immediate term.

There were significant differences in the average prices for the major foreign markets. In 2018, the country with the highest price was the U.S. ($X per unit), while the average price for exports to Japan ($X per unit) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was recorded for supplies to Japan, while the prices for the other major destinations experienced more modest paces of growth.

Piano Imports

Imports into Ireland

Piano imports into Ireland totaled X units in 2018, surging by X% against the previous year. Overall, piano imports, however, continue to indicate a drastic deduction. The most prominent rate of growth was recorded in 2018 when imports increased by X% against the previous year. Over the period under review, piano imports reached their maximum at X units in 2007; however, from 2008 to 2018, imports remained at a lower figure.

In value terms, piano imports totaled $X in 2018. Over the period under review, piano imports, however, continue to indicate a drastic setback. The growth pace was the most rapid in 2018 with an increase of X% y-o-y. Imports peaked at $X in 2007; however, from 2008 to 2018, imports stood at a somewhat lower figure.

Imports by Country

Japan (X units), China (X units) and the UK (X units) were the main suppliers of piano imports to Ireland, together comprising X% of total imports.

From 2007 to 2018, the most notable rate of growth in terms of imports, amongst the main suppliers, was attained by China, while the other leaders experienced a decline.

In value terms, the largest piano suppliers to Ireland were Japan ($X), the UK ($X) and China ($X), with a combined X% share of total imports.

The UK recorded the highest rates of growth with regard to imports, in terms of the main suppliers over the last eleven-year period, while the other leaders experienced a decline.

Import Prices by Country

The average piano import price stood at $X per unit in 2018, increasing by X% against the previous year. Overall, the piano import price continues to indicate remarkable growth. The most prominent rate of growth was recorded in 2010 when the average import price increased by X% y-o-y. Over the period under review, the average import prices for pianos and other keyboard stringed musical instruments attained their maximum at $X per unit in 2014; however, from 2015 to 2018, import prices stood at a somewhat lower figure.

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

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by the UK, while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox AI Platform

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 Ireland. 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.


Country coverage:
• Ireland

Data coverage:
• Market volume and value
• Per Capita consumption
• Forecast of the market dynamics in the medium term
• Trade (exports and imports) in Ireland
• 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 2007–2018
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Destinations for Exports

9.1
EXPORTS FROM 2007–2018
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 2018
Table 2:
Market Volume, In Physical Terms, 2007–2018
Table 3:
Market Value, 2007–2018
Table 4:
Per Capita Consumption In 2007–2018
Table 5:
Imports, In Physical Terms, By Country, 2007–2018
Table 6:
Imports, In Value Terms, By Country, 2007–2018
Table 7:
Import Prices, By Country Of Origin, 2007–2018
Table 8:
Exports, In Physical Terms, By Country, 2007–2018
Table 9:
Exports, In Value Terms, By Country, 2007–2018
Table 10:
Export Prices, By Country Of Destination, 2007–2018
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2007–2018
Figure 2:
Market Value, 2007–2018
Figure 3:
Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2007–2018
Figure 4:
Market Structure – Domestic Supply vs. Imports, In Value Terms, 2007–2018
Figure 5:
Trade Balance, In Physical Terms, 2007–2018
Figure 6:
Trade Balance, In Value Terms, 2007–2018
Figure 7:
Per Capita Consumption, 2007–2018
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, 2007–2018
Figure 21:
Production, In Value Terms, 2007–2018
Figure 22:
Imports, In Physical Terms, 2007–2018
Figure 23:
Imports, In Value Terms, 2007–2018
Figure 24:
Imports, In Physical Terms, By Country, 2018
Figure 25:
Imports, In Physical Terms, By Country, 2007–2018
Figure 26:
Imports, In Value Terms, By Country, 2007–2018
Figure 27:
Import Prices, By Country Of Origin, 2007–2018
Figure 28:
Exports, In Physical Terms, 2007–2018
Figure 29:
Exports, In Value Terms, 2007–2018
Figure 30:
Exports, In Physical Terms, By Country, 2018
Figure 31:
Exports, In Physical Terms, By Country, 2007–2018
Figure 32:
Exports, In Value Terms, By Country, 2007–2018
Figure 33:
Export Prices, By Country Of Destination, 2007–2018

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