Latest Report Update: May 26, 2021

Saudi Arabia - Pianos And Other Keyboard Stringed Musical Instruments - Market Analysis, Forecast, Size, Trends and Insights
Update: COVID-19 Impact

Licenses

You will receive a PDF copy of the report by email within 24 hours (Mon - Fri).

By clicking «Buy the Report», you agree to our Terms of Service, Privacy Policy and Licenses. We'll occasionally send you account related emails.

Saudi Arabia: Piano Market Overview 2021

Piano Market Size in Saudi Arabia

After two years of growth, the Saudi piano market decreased by -X% to $X in 2020. Over the period under review, consumption continues to indicate a abrupt setback. The most prominent rate of growth was recorded in 2018 when the market value increased by X% against the previous year. Piano consumption peaked at $X in 2016; however, from 2017 to 2020, consumption failed to regain the momentum.

Piano Exports

Exports from Saudi Arabia

In 2020, the amount of pianos and other keyboard stringed musical instruments exported from Saudi Arabia dropped dramatically to X units, shrinking by -X% compared with 2019. Over the period under review, exports, however, recorded perceptible growth. The growth pace was the most rapid in 2019 with an increase of X% y-o-y. As a result, exports attained the peak of X units, and then plummeted in the following year.

In value terms, piano exports declined remarkably to $X in 2020. Overall, exports, however, recorded strong growth. The pace of growth appeared the most rapid in 2019 with an increase of X% y-o-y. As a result, exports reached the peak of $X, and then shrank notably in the following year.

Exports by Country

Ghana (X units), Sudan (X units) and Ethiopia (X units) were the main destinations of piano exports from Saudi Arabia, with a combined X% share of total exports.

From 2007 to 2020, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Ethiopia, while exports for the other leaders experienced more modest paces of growth.

In value terms, Ethiopia ($X) emerged as the key foreign market for piano exports from Saudi Arabia, comprising X% of total exports. The second position in the ranking was occupied by Sudan ($X), with a X% share of total exports. It was followed by Ghana, with a X% share.

From 2007 to 2020, the average annual growth rate of value to Ethiopia stood at +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Sudan (+X% per year) and Ghana (+X% per year).

Export Prices by Country

The average piano export price stood at $X per unit in 2020, falling by -X% against the previous year. In general, the export price, however, recorded resilient growth. The most prominent rate of growth was recorded in 2010 an increase of X% year-to-year. Over the period under review, average export prices hit record highs at $X per unit in 2013; however, from 2014 to 2020, export prices stood at a somewhat lower figure.

Prices varied noticeably by the country of destination; the country with the highest price was Ethiopia ($X per unit), while the average price for exports to Ghana ($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 Ghana, while the prices for the other major destinations experienced a decline.

Piano Imports

Imports into Saudi Arabia

In 2020, after two years of growth, there was significant decline in overseas purchases of pianos and other keyboard stringed musical instruments, when their volume decreased by -X% to X units. Over the period under review, imports saw a abrupt contraction. The pace of growth was the most pronounced in 2018 with an increase of X% y-o-y. Over the period under review, imports attained the maximum at X units in 2016; however, from 2017 to 2020, imports failed to regain the momentum.

In value terms, piano imports declined dramatically to $X in 2020. Overall, imports recorded mild growth. The growth pace was the most rapid in 2018 with an increase of X% year-to-year. Imports peaked at $X in 2016; however, from 2017 to 2020, imports stood at a somewhat lower figure.

Imports by Country

Indonesia (X units), the United Arab Emirates (X units) and China (X units) were the main suppliers of piano imports to Saudi Arabia, together comprising X% of total imports.

From 2007 to 2020, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Indonesia, while imports for the other leaders experienced more modest paces of growth.

In value terms, Indonesia ($X), the United Arab Emirates ($X) and China ($X) appeared to be the largest piano suppliers to Saudi Arabia, together accounting for X% of total imports.

In terms of the main suppliers, Indonesia recorded the highest rates of growth with regard to 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, reducing by -X% against the previous year. In general, the import price, however, saw a prominent increase. The pace of growth was the most pronounced in 2009 an increase of X% y-o-y. The import price peaked at $X per unit in 2018; however, from 2019 to 2020, import prices remained at a lower figure.

Prices varied noticeably by the country of origin; the country with the highest price was the United Arab Emirates ($X per unit), while the price for Kuwait ($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 United Arab Emirates, 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?
+
Indonesia (49K units) constituted the country with the largest volume of piano consumption, accounting for 22% of total volume. Moreover, piano consumption in Indonesia exceeded the figures recorded by the second-largest consumer, Italy (22K units), twofold. Viet Nam (21K units) ranked third in terms of total consumption with a 9.3% share.
What are the largest producers of pianos and other keyboard stringed musical instruments in the world?
+
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. These countries were followed by the Czech Republic, India, Germany and Malaysia, which together accounted for a further 12%.
What are the leading suppliers of pianos and other keyboard stringed musical instruments to Saudi Arabia?
+
In value terms, Indonesia ($236K), the United Arab Emirates ($231K) and China ($31K) were the largest piano suppliers to Saudi Arabia, with a combined 90% share of total imports.
What are the leading importers of pianos and other keyboard stringed musical instruments from Saudi Arabia?
+
In value terms, Ethiopia ($5.8K) emerged as the key foreign market for piano exports from Saudi Arabia, comprising 64% of total exports. The second position in the ranking was occupied by Sudan ($1.7K), with a 18% share of total exports. It was followed by Ghana, with a 8.2% share.
What is the average export price for pianos and other keyboard stringed musical instruments in Saudi Arabia?
+
The average piano export price stood at $621 per unit in 2020, waning by -12.2% against the previous year.
What is the average import price for pianos and other keyboard stringed musical instruments in Saudi Arabia?
+
The average piano import price stood at $4,224 per unit in 2020, which is down by -34% 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 Saudi Arabia. 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:
• Saudi Arabia

Data coverage:
• Market volume and value
• Per Capita consumption
• Forecast of the market dynamics in the medium term
• Trade (exports and imports) in Saudi Arabia
• 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

Webinar: Global Methanol Market - Statistics, Trends, and Outlook



Join our live webinar to get insights into the global methanol market.



Thursday, July 8th, 2021 @ 04:00 pm ET


Register

Webinar: Global Coal Market - Statistics, Trends, and Outlook



Join our live webinar to get insights into the global сoal market.



Thursday, July 15th, 2021 @ 04:00 pm ET


Register

Webinar: Global Beef Market - Statistics, Trends, and Outlook



Join our live webinar to get insights into the global beef market.



Thursday, September 16th, 2021 @ 04:00 pm ET


Register
Ready to Get Started?
We can help you conduct market research and write a report using the most reliable data