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Switzerland - Pianos And Other Keyboard Stringed Musical Instruments - Market Analysis, Forecast, Size, Trends and Insights
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Switzerland: Piano Market Overview 2021

Piano Market Size in Switzerland

In 2020, after three years of decline, there was significant growth in the Swiss piano market, when its value increased by X% to $X. Over the period under review, consumption, however, continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2011 when the market value increased by X% y-o-y. As a result, consumption reached the peak level of $X. From 2012 to 2020, the growth of the market remained at a somewhat lower figure.

Piano Exports

Exports from Switzerland

Piano exports from Switzerland reduced slightly to X units in 2020, which is down by -X% against the previous year's figure. In general, exports saw a abrupt descent. The pace of growth appeared the most rapid in 2015 when exports increased by X% year-to-year. Over the period under review, exports attained the maximum at X units in 2007; however, from 2008 to 2020, exports failed to regain the momentum.

In value terms, piano exports surged to $X in 2020. Overall, exports continue to indicate a perceptible downturn. The pace of growth appeared the most rapid in 2015 when exports increased by X% y-o-y. Over the period under review, exports hit record highs at $X in 2008; however, from 2009 to 2020, exports remained at a lower figure.

Exports by Country

Germany (X units) was the main destination for piano exports from Switzerland, with a X% share of total exports. Moreover, piano exports to Germany exceeded the volume sent to the second major destination, Thailand (X units), twofold. The third position in this ranking was occupied by Poland (X units), with a X% share.

From 2007 to 2020, the average annual rate of growth in terms of volume to Germany amounted to -X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Thailand (+X% per year) and Poland (+X% per year).

In value terms, Germany ($X) remains the key foreign market for piano exports from Switzerland, comprising X% of total exports. The second position in the ranking was occupied by France ($X), with a X% share of total exports. It was followed by Italy, with a X% share.

From 2007 to 2020, the average annual growth rate of value to Germany amounted to -X%. Exports to the other major destinations recorded the following average annual rates of exports growth: France (-X% per year) and Italy (-X% per year).

Export Prices by Country

The average piano export price stood at $X per unit in 2020, jumping by X% against the previous year. Overall, export price indicated a buoyant increase from 2007 to 2020: its price increased at an average annual rate of +X% over the last thirteen years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2020 figures, piano export price increased by +X% against 2015 indices. The growth pace was the most rapid in 2011 an increase of X% year-to-year. Over the period under review, average export prices reached the maximum in 2020 and is likely to continue growth in the near future.

There were significant differences in the average prices for the major external markets. In 2020, the country with the highest price was Germany ($X per unit), while the average price for exports to Serbia ($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 the Netherlands, while the prices for the other major destinations experienced more modest paces of growth.

Piano Imports

Imports into Switzerland

In 2020, overseas purchases of pianos and other keyboard stringed musical instruments increased by X% to X units for the first time since 2016, thus ending a three-year declining trend. In general, imports, however, showed a abrupt contraction. The most prominent rate of growth was recorded in 2011 with an increase of X% y-o-y. As a result, imports attained the peak of X units. From 2012 to 2020, the growth imports remained at a somewhat lower figure.

In value terms, piano imports surged to $X in 2020. Over the period under review, total imports indicated tangible growth from 2007 to 2020: its value decreased at an average annual rate of -X% over the last thirteen years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Over the period under review, imports hit record highs at $X in 2013; however, from 2014 to 2020, imports failed to regain the momentum.

Imports by Country

Germany (X units), Indonesia (X units) and Japan (X units) were the main suppliers of piano imports to Switzerland, with a combined X% share of total imports.

From 2007 to 2020, the biggest increases were in Japan (+X% per year), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X) constituted the largest supplier of piano to Switzerland, comprising X% of total imports. The second position in the ranking was occupied by Japan ($X), with a X% share of total imports. It was followed by Indonesia, with a X% share.

From 2007 to 2020, the average annual growth rate of value from Germany totaled -X%. The remaining supplying countries recorded the following average annual rates of imports growth: Japan (+X% per year) and Indonesia (+X% per year).

Import Prices by Country

In 2020, the average piano import price amounted to $X per unit, with an increase of X% against the previous year. Overall, the import price continues to indicate a buoyant increase. The pace of growth appeared the most rapid in 2017 when the average import price increased by X% y-o-y. Over the period under review, average import prices attained the maximum in 2020 and is expected to retain growth in the immediate term.

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

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by Germany, 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?
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The country with the largest volume of piano consumption was Indonesia (49K units), comprising approx. 22% of total volume. Moreover, piano consumption in Indonesia exceeded the figures recorded by the second-largest consumer, Italy (22K units), twofold. The third position in this ranking was occupied by Viet Nam (21K units), 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), together accounting for 84% of global production. The Czech Republic, India, Germany and Malaysia lagged somewhat behind, together comprising a further 12%.
What are the leading suppliers of pianos and other keyboard stringed musical instruments to Switzerland?
+
In value terms, Germany ($12M) constituted the largest supplier of piano to Switzerland, comprising 57% of total imports. The second position in the ranking was occupied by Japan ($2.6M), with a 12% share of total imports. It was followed by Indonesia, with a 8.7% share.
What are the leading importers of pianos and other keyboard stringed musical instruments from Switzerland?
+
In value terms, Germany ($746K) remains the key foreign market for piano exports from Switzerland, comprising 58% of total exports. The second position in the ranking was occupied by France ($225K), with a 17% share of total exports. It was followed by Italy, with a 5.8% share.
What is the average export price for pianos and other keyboard stringed musical instruments in Switzerland?
+
In 2020, the average piano export price amounted to $3,931 per unit, jumping by 24% against the previous year.
What is the average import price for pianos and other keyboard stringed musical instruments in Switzerland?
+
In 2020, the average piano import price amounted to $7,962 per unit, picking up by 23% 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 Switzerland. 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:
• Switzerland

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

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