Israel - Pianos And Other Keyboard Stringed Musical Instruments - Market Analysis, Forecast, Size, Trends and Insights
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View PricingPiano Price in Israel - 2023
Contents:
- Piano Price in Israel (CIF) - 2022
- Piano Price in Israel (FOB) - 2022
- Piano Imports in Israel
- Piano Exports in Israel
Piano Price in Israel (CIF) - 2022
In 2022, the average piano import price amounted to $3,824 per unit, increasing by 9.4% against the previous year. Overall, the import price continues to indicate a resilient expansion. The pace of growth appeared the most rapid in 2016 an increase of 45% against the previous year. Over the period under review, average import prices attained the maximum in 2022 and is expected to retain growth in years to come.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Germany ($4,167 per unit), while the price for South Korea ($2,672 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+9.7%), while the prices for the other major suppliers experienced more modest paces of growth.
Piano Price in Israel (FOB) - 2022
The average piano export price stood at $5,333 per unit in 2022, increasing by 61% against the previous year. Overall, the export price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 when the average export price increased by 110% against the previous year. As a result, the export price attained the peak level of $7,333 per unit. From 2019 to 2022, the average export prices failed to regain momentum.
There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Azerbaijan ($33,163 per unit), while the average price for exports to Georgia ($1 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 the United States (+0.9%), while the prices for the other major destinations experienced a decline.
Piano Imports in Israel
Piano imports into Israel dropped remarkably to 925 units in 2022, waning by -21.8% compared with the previous year's figure. Over the period under review, imports saw a perceptible descent. The growth pace was the most rapid in 2021 with an increase of 14% against the previous year. As a result, imports attained the peak of 1.2K units, and then contracted notably in the following year.
In value terms, piano imports declined to $3.5M in 2022. The total import value increased at an average annual rate of +3.5% over the period from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed throughout the analyzed period. The most prominent rate of growth was recorded in 2021 when imports increased by 23% against the previous year. As a result, imports reached the peak of $4.1M, and then dropped in the following year.
Import of Piano in Israel (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Japan | 1,125 | 1,368 | 1,205 | 1,634 | 13.2% |
China | 299 | 201 | 702 | 311 | 1.3% |
United States | 158 | 420 | 193 | 239 | 14.8% |
South Korea | 36.8 | 44.8 | 118 | 155 | 61.5% |
Germany | 281 | 178 | 281 | 150 | -18.9% |
United Kingdom | 197 | 243 | 112 | 147 | -9.3% |
Czech Republic | 202 | 123 | 181 | 145 | -10.5% |
Hong Kong SAR | 7.0 | 11.1 | 20.8 | 46.0 | 87.3% |
Italy | 165 | 114 | 62.2 | 1.0 | -81.8% |
Indonesia | 109 | 92.8 | 313 | N/A | 69.5% |
Others | 611 | 573 | 948 | 709 | 5.1% |
Total | 3,192 | 3,369 | 4,136 | 3,537 | 3.5% |
Top Suppliers of Piano to Israel in 2022:
- Japan (485.0 units)
- China (85.0 units)
- United States (71.0 units)
- South Korea (58.0 units)
- Czech Republic (52.0 units)
- Germany (36.0 units)
- Hong Kong SAR (17.0 units)
- United Kingdom (16.0 units)
- Italy (1.0 units)
Piano Exports in Israel
After three years of growth, shipments abroad of pianos and other keyboard stringed musical instruments decreased by -86.6% to 9 units in 2022. Overall, exports, however, posted a significant expansion. The pace of growth was the most pronounced in 2020 when exports increased by 480% against the previous year. The exports peaked at 67 units in 2021, and then plummeted in the following year.
In value terms, piano exports plummeted to $48K in 2022. In general, exports, however, recorded a significant increase. The most prominent rate of growth was recorded in 2020 with an increase of 447% against the previous year. Over the period under review, the exports attained the maximum at $222K in 2021, and then fell notably in the following year.
Export of Piano in Israel (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Azerbaijan | N/A | N/A | N/A | 33.2 | 0% |
United States | 0.1 | 98.5 | 192 | 9.8 | 361.0% |
Japan | N/A | N/A | 5.0 | 5.0 | 0.0% |
Germany | 0.2 | 0.6 | 5.6 | 0.1 | -20.6% |
Netherlands | N/A | 2.9 | 5.0 | N/A | 72.4% |
Czech Republic | N/A | 1.2 | 0.1 | N/A | -91.7% |
Georgia | N/A | 0.2 | 0.3 | N/A | 50.0% |
Others | 18.6 | 0.5 | 14.0 | N/A | -13.2% |
Total | 19.0 | 104 | 222 | 48.0 | 36.2% |
Top Export Markets for Piano from Israel in 2022:
- United States (3.0 units)
- Japan (2.0 units)
- Georgia (1.0 units)
- Azerbaijan (1.0 units)
- Netherlands (1.0 units)
- Germany (1.0 units)
This report provides an in-depth analysis of the piano market in Israel. 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:
- Israel
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Israel
- 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
-
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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