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Lithuania - Acoustic Grand Pianos - Market Analysis, Forecast, Size, Trends And Insights
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View PricingGrand Piano Price in Lithuania - 2023
Contents:
- Grand Piano Price in Lithuania (CIF) - 2022
- Grand Piano Price in Lithuania (FOB) - 2022
- Grand Piano Imports in Lithuania
- Grand Piano Exports in Lithuania
Grand Piano Price in Lithuania (CIF) - 2022
In 2022, the average grand piano import price amounted to $36,602 per unit, growing by 5.4% against the previous year. Overall, the import price saw resilient growth. The growth pace was the most rapid in 2013 when the average import price increased by 62%. Over the period under review, average import prices reached the maximum in 2022 and is likely to continue growth in the immediate term.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Latvia ($62,632 per unit), while the price for China ($8,799 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+13.7%), while the prices for the other major suppliers experienced mixed trend patterns.
Grand Piano Price in Lithuania (FOB) - 2022
In 2022, the average grand piano export price amounted to $36,005 per unit, increasing by 52% against the previous year. In general, the export price enjoyed buoyant growth. The pace of growth appeared the most rapid in 2018 when the average export price increased by 339% against the previous year. As a result, the export price attained the peak level of $36,005 per unit; afterwards, it flattened through to 2022.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United Arab Emirates ($58,190 per unit), while the average price for exports to Kyrgyzstan ($1,000 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Kazakhstan (+27.3%), while the prices for the other major destinations experienced mixed trend patterns.
Grand Piano Imports in Lithuania
Grand piano imports into Lithuania surged to 35 units in 2022, increasing by 150% compared with the previous year's figure. Overall, imports saw a perceptible increase. Imports peaked at 40 units in 2020; however, from 2021 to 2022, imports failed to regain momentum.
In value terms, grand piano imports skyrocketed to $1.3M in 2022. In general, imports continue to indicate a buoyant expansion. Imports peaked at $1.4M in 2020; however, from 2021 to 2022, imports stood at a somewhat lower figure.
Import of Grand Piano in Lithuania (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Germany | 773 | 1,316 | 202 | 774 | 0.0% |
Latvia | 121 | 78.2 | 116 | 313 | 37.3% |
Italy | N/A | N/A | 109 | 186 | 70.6% |
China | N/A | N/A | N/A | 8.8 | 0% |
Austria | 131 | N/A | 59.0 | N/A | -32.9% |
Others | N/A | N/A | N/A | N/A | 0% |
Total | 1,025 | 1,394 | 486 | 1,281 | 7.7% |
Top Suppliers of Grand Piano to Lithuania in 2022:
- Germany (26.0 units)
- Latvia (5.0 units)
- Italy (3.0 units)
- China (1.0 units)
Grand Piano Exports in Lithuania
Grand piano exports from Lithuania soared to 22 units in 2022, with an increase of 120% against 2021. In general, exports continue to indicate pronounced growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, grand piano exports skyrocketed to $792K in 2022. Overall, exports recorded a significant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
Export of Grand Piano in Lithuania (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Kazakhstan | 49.8 | 10.0 | 28.8 | 360 | 93.4% |
Russia | 391 | 127 | 98.6 | 315 | -7.0% |
United Arab Emirates | N/A | N/A | N/A | 116 | 0% |
Kyrgyzstan | N/A | 64.1 | N/A | 1.0 | -87.5% |
Uzbekistan | N/A | N/A | 109 | N/A | 0% |
Others | N/A | N/A | N/A | N/A | 0% |
Total | 441 | 201 | 236 | 792 | 21.6% |
Top Export Markets for Grand Piano from Lithuania in 2022:
- Russia (12.0 units)
- Kazakhstan (7.0 units)
- United Arab Emirates (2.0 units)
- Kyrgyzstan (1.0 units)
This report provides an in-depth analysis of the grand piano market in Lithuania. 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 32201130 - Acoustic grand pianos (including automatic pianos)
Country coverage:
- Lithuania
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Lithuania
- 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
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- 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
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- 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 -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- 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
- 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 Of Origin, 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, By Country Of Destination, 2012–2023
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