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Latest Report Update: Dec 26, 2019

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

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Spain: Piano Market Overview 2020

Piano Market Size in Spain

The revenue of the piano market in Spain amounted to $X in 2018, rising by X% against the previous year. In general, piano consumption continues to indicate a deep curtailment. The pace of growth appeared the most rapid in 2015 when the market value increased by X% y-o-y. Over the period under review, the piano market reached its maximum level at $X in 2007; however, from 2008 to 2018, consumption failed to regain its momentum.

Piano Production in Spain

In value terms, piano production totaled $X in 2018 estimated in export prices. Overall, piano production continues to indicate a relatively flat trend pattern. Piano production peaked at $X in 2012; however, from 2013 to 2018, production remained at a lower figure.

Piano Exports

Exports from Spain

In 2018, the exports of pianos and other keyboard stringed musical instruments from Spain totaled X units, falling by -X% against the previous year. Overall, piano exports, however, continue to indicate a measured expansion. The pace of growth was the most pronounced in 2012 when exports increased by X% against the previous year. In that year, piano exports attained their peak of X units. From 2013 to 2018, the growth of piano exports failed to regain its momentum.

In value terms, piano exports totaled $X in 2018. Over the period under review, piano exports, however, continue to indicate a resilient expansion. The pace of growth was the most pronounced in 2015 when exports increased by X% year-to-year. Over the period under review, piano exports attained their maximum in 2018 and are expected to retain its growth in the immediate term.

Exports by Country

South Africa (X units) was the main destination for piano exports from Spain, accounting for a X% share of total exports. Moreover, piano exports to South Africa exceeded the volume sent to the second major destination, France (X units), twofold. Portugal (X units) ranked third in terms of total exports with a X% share.

From 2007 to 2018, the average annual rate of growth in terms of volume to South Africa stood at +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: France (+X% per year) and Portugal (-X% per year).

In value terms, the UK ($X), Portugal ($X) and France ($X) were the largest markets for piano exported from Spain worldwide, together comprising X% of total exports.

In terms of the main countries of destination, the UK (+X% per year) experienced the highest rates of growth with regard to exports, over the last eleven-year period, while the other leaders experienced more modest paces of growth.

Export Prices by Country

The average piano export price stood at $X per unit in 2018, going up by X% against the previous year. Over the period under review, the piano export price continues to indicate a buoyant expansion. The pace of growth was the most pronounced in 2013 an increase of X% against the previous year. The export price peaked at $X per unit in 2010; however, from 2011 to 2018, export prices remained at a lower figure.

Prices varied noticeably by the country of destination; the country with the highest price was the UK ($X per unit), while the average price for exports to South Africa ($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 the U.S. (+X% per year), while the prices for the other major destinations experienced more modest paces of growth.

Piano Imports

Imports into Spain

Piano imports into Spain stood at X units in 2018, reducing by -X% against the previous year. Over the period under review, piano imports continue to indicate an abrupt drop. The pace of growth was the most pronounced in 2016 when imports increased by X% y-o-y. Imports peaked at X units in 2007; however, from 2008 to 2018, imports failed to regain their momentum.

In value terms, piano imports totaled $X in 2018. Over the period under review, piano imports continue to indicate a drastic shrinkage. The growth pace was the most rapid in 2016 with an increase of X% year-to-year. Imports peaked at $X in 2007; however, from 2008 to 2018, imports stood at a somewhat lower figure.

Imports by Country

France (X units), Indonesia (X units) and Japan (X units) were the main suppliers of piano imports to Spain, together comprising X% of total imports. These countries were followed by Germany, Italy, the UK and China, which together accounted for a further X 2007 to 2018, the most notable rate of growth in terms of imports, amongst the main suppliers, was attained by the UK, while the other leaders experienced mixed trend patterns.

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

Among the main suppliers, France recorded the highest rates of growth with regard to imports, over the last eleven-year period, while the other leaders experienced more modest paces of growth.

Import Prices by Country

The average piano import price stood at $X per unit in 2018, surging by X% against the previous year. Over the period under review, the piano import price continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2014 when the average import price increased by X% year-to-year. In that year, the average import prices for pianos and other keyboard stringed musical instruments reached their peak level of $X per unit. From 2015 to 2018, the growth in terms of the average import prices for pianos and other keyboard stringed musical instruments failed to regain its momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2018, the country with the highest price was Germany ($X per unit), while the price for the UK ($X per unit) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by France, while the prices for the other major suppliers experienced more modest paces of growth.

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 Spain. 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:
• Spain

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