SADC - Pianos and Other Keyboard Stringed Musical Instruments - Market Analysis, Forecast, Size, Trends and Insights
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View PricingSADC: Piano Market 2024
Piano Market Size in SADC
In 2022, the SADC piano market increased by X% to $X, rising for the second consecutive year after three years of decline. Overall, consumption, however, saw a perceptible decline. Over the period under review, the market attained the peak level at $X in 2012; however, from 2013 to 2022, consumption failed to regain momentum.
Piano Production in SADC
In value terms, piano production dropped modestly to $X in 2022 estimated in export price. Over the period under review, production recorded a noticeable reduction. The pace of growth appeared the most rapid in 2021 with an increase of X% against the previous year. The level of production peaked at $X in 2012; however, from 2013 to 2022, production failed to regain momentum.
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Piano Exports
Exports in SADC
In 2022, overseas shipments of pianos and other keyboard stringed musical instruments increased by X% to X units, rising for the second consecutive year after two years of decline. Overall, exports, however, showed a slight slump. The most prominent rate of growth was recorded in 2016 when exports increased by X%. The volume of export peaked at X units in 2013; however, from 2014 to 2022, the exports failed to regain momentum.
In value terms, piano exports declined sharply to $X in 2022. Over the period under review, exports, however, recorded a abrupt contraction. The pace of growth was the most pronounced in 2021 when exports increased by X% against the previous year. Over the period under review, the exports hit record highs at $X in 2012; however, from 2013 to 2022, the exports remained at a lower figure.
Exports by Country
In 2022, South Africa (X units) was the largest exporter of pianos and other keyboard stringed musical instruments, mixing up X% of total exports. Zambia (X units) ranks second in terms of the total exports with a X% share, followed by Zimbabwe (X%), Mozambique (X%), Angola (X%) and Tanzania (X%). Democratic Republic of the Congo (X units) took a little share of total exports.
Exports from South Africa decreased at an average annual rate of X% from 2012 to 2022. At the same time, Angola (X%), Zimbabwe (X%), Zambia (X%), Democratic Republic of the Congo (X%), Mozambique (X%) and Tanzania (X%) displayed positive paces of growth. Moreover, Angola emerged as the fastest-growing exporter exported in SADC, with a CAGR of X% from 2012-2022. Zambia (X p.p.), Zimbabwe (X p.p.), Angola (X p.p.), Mozambique (X p.p.), Tanzania (X p.p.) and Democratic Republic of the Congo (X p.p.) significantly strengthened its position in terms of the total exports, while South Africa saw its share reduced by X% from 2012 to 2022, respectively.
In value terms, South Africa ($X) remains the largest piano supplier in SADC, comprising X% of total exports. The second position in the ranking was held by Mozambique ($X), with a X% share of total exports. It was followed by Tanzania, with a X% share.
From 2012 to 2022, the average annual rate of growth in terms of value in South Africa amounted to X%. In the other countries, the average annual rates were as follows: Mozambique (X% per year) and Tanzania (X% per year).
Export Prices by Country
The export price in SADC stood at $X per unit in 2022, dropping by X% against the previous year. Overall, the export price saw a noticeable descent. The pace of growth appeared the most rapid in 2021 an increase of X%. Over the period under review, the export prices reached the maximum at $X per unit in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.
There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was South Africa ($X per unit), while Zambia ($X per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Zambia (X%), while the other leaders experienced more modest paces of growth.
Piano Imports
Imports in SADC
In 2022, purchases abroad of pianos and other keyboard stringed musical instruments increased by X% to X units, rising for the second consecutive year after three years of decline. Over the period under review, imports, however, showed a abrupt shrinkage. The most prominent rate of growth was recorded in 2017 with an increase of X%. Over the period under review, imports reached the peak figure at X units in 2013; however, from 2014 to 2022, imports failed to regain momentum.
In value terms, piano imports skyrocketed to $X in 2022. Overall, imports, however, saw a noticeable shrinkage. The most prominent rate of growth was recorded in 2021 when imports increased by X% against the previous year. Over the period under review, imports attained the peak figure at $X in 2012; however, from 2013 to 2022, imports remained at a lower figure.
Imports by Country
South Africa was the main importer of pianos and other keyboard stringed musical instruments in SADC, with the volume of imports reaching X units, which was approx. X% of total imports in 2022. Mozambique (X units) held a X% share (based on physical terms) of total imports, which put it in second place, followed by Angola (X%). The following importers - Democratic Republic of the Congo (X units), Mauritius (X units), Tanzania (X units) and Madagascar (X units) - together made up X% of total imports.
From 2012 to 2022, average annual rates of growth with regard to piano imports into South Africa stood at X%. At the same time, Madagascar (X%), Democratic Republic of the Congo (X%), Mozambique (X%), Mauritius (X%) and Tanzania (X%) displayed positive paces of growth. Moreover, Madagascar emerged as the fastest-growing importer imported in SADC, with a CAGR of X% from 2012-2022. By contrast, Angola (X%) illustrated a downward trend over the same period. Mozambique (X p.p.), Angola (X p.p.), Democratic Republic of the Congo (X p.p.), Mauritius (X p.p.), Madagascar (X p.p.) and Tanzania (X p.p.) significantly strengthened its position in terms of the total imports, while South Africa saw its share reduced by X% from 2012 to 2022, respectively.
In value terms, South Africa ($X) constitutes the largest market for imported pianos and other keyboard stringed musical instruments in SADC, comprising X% of total imports. The second position in the ranking was taken by Angola ($X), with a X% share of total imports. It was followed by Mauritius, with a X% share.
From 2012 to 2022, the average annual rate of growth in terms of value in South Africa stood at X%. In the other countries, the average annual rates were as follows: Angola (X% per year) and Mauritius (X% per year).
Import Prices by Country
The import price in SADC stood at $X per unit in 2022, shrinking by X% against the previous year. In general, the import price, however, posted a buoyant increase. The most prominent rate of growth was recorded in 2018 when the import price increased by X% against the previous year. The level of import peaked at $X per unit in 2019; however, from 2020 to 2022, import prices remained at a lower figure.
There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Mauritius ($X per unit), while Mozambique ($X per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Tanzania (X%), while the other leaders experienced more modest paces of growth.
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Frequently Asked Questions (FAQ) :
This report provides an in-depth analysis of the piano market in SADC. 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)
- Prodcom 32201130 - Acoustic grand pianos (including automatic pianos)
- Prodcom 32201150 - Keyboard stringed instruments (including harpsichords, s pinets and clavichords)
Country coverage:
- Angola
- Botswana
- Comoros
- Democratic Republic of the Congo
- Lesotho
- Madagascar
- Malawi
- Mauritius
- Mozambique
- Namibia
- Seychelles
- South Africa
- Swaziland
- Tanzania
- Zambia
- Zimbabwe
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Production in SADC, split by region and country
- Trade (exports and imports) in SADC
- 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
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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
- CONSUMPTION BY COUNTRY
- 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
- PRODUCTION BY COUNTRY
8. IMPORTS
The Largest Importers on The Market and How They Succeed
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Exporters on The Market and How They Succeed
- 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 -
11. COUNTRY PROFILES
The Largest Markets And Their Profiles
This Chapter is Available Only for the Professional Edition PRO- Angola
- Botswana
- Comoros
- Democratic Republic of the Congo
- Lesotho
- Madagascar
- Malawi
- Mauritius
- Mozambique
- Namibia
- Seychelles
- South Africa
- Swaziland
- Tanzania
- Zambia
- Zimbabwe
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LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption, By Country, 2018–2023
- Production, In Physical Terms, By Country, 2012–2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Destination, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Origin, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Consumption, By Country, 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
- Production, By Country, 2023
- Production, In Physical Terms, By Country, 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, 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, 2012–2023
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