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Finland - Acoustic New Upright Pianos - Market Analysis, Forecast, Size, Trends And Insights
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View PricingUpright Piano Price in Finland - 2023
Contents:
- Upright Piano Price in Finland (CIF) - 2022
- Upright Piano Price in Finland (FOB) - 2022
- Upright Piano Imports in Finland
- Upright Piano Exports in Finland
Upright Piano Price in Finland (CIF) - 2022
The average upright piano import price stood at $3,979 per unit in 2022, jumping by 16% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +2.2%. The most prominent rate of growth was recorded in 2020 an increase of 17% against the previous year. As a result, import price attained the peak level of $4,380 per unit. From 2021 to 2022, the average import prices failed to regain momentum.
Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Japan ($4,651 per unit), while the price for Indonesia amounted to $3,188 per unit.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Indonesia (+3.2%), while the prices for the other major suppliers experienced more modest paces of growth.
Upright Piano Price in Finland (FOB) - 2022
The average upright piano export price stood at $243 per unit in 2022, approximately reflecting the previous year. Overall, the export price continues to indicate significant growth. The growth pace was the most rapid in 2013 an increase of 1,738%. The export price peaked at $5,074 per unit in 2015; however, from 2016 to 2022, the export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United Arab Emirates ($297 per unit), while the average price for exports to Lebanon amounted to $190 per unit.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Russia (-2.6%), while the prices for the other major destinations experienced a decline.
Upright Piano Imports in Finland
In 2022, imports of acoustic new upright pianos into Finland dropped to 207 units, waning by -11.9% on 2021 figures. In general, imports faced a abrupt decline. The smallest decline of -7.6% was in 2020. Imports peaked at 301 units in 2019; however, from 2020 to 2022, imports remained at a lower figure.
In value terms, upright piano imports rose modestly to $824K in 2022. Over the period under review, imports continue to indicate a abrupt setback. The most prominent rate of growth was recorded in 2020 with an increase of 8.2%. As a result, imports reached the peak of $1.2M. From 2021 to 2022, the growth of imports remained at a lower figure.
Import of Upright Piano in Finland (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Japan | 622 | 625 | 404 | 512 | -6.3% |
Indonesia | 231 | 458 | 359 | 306 | 9.8% |
South Korea | N/A | N/A | 34.2 | N/A | 0% |
Germany | 272 | 131 | 10.5 | N/A | -80.4% |
Others | N/A | 3.8 | N/A | 6.1 | 26.7% |
Total | 1,125 | 1,218 | 808 | 824 | -9.9% |
Top Suppliers of Upright Piano to Finland in 2022:
- Japan (110.0 units)
- Indonesia (96.0 units)
Upright Piano Exports in Finland
In 2022, shipments abroad of acoustic new upright pianos decreased by 0% to 50 units, falling for the second year in a row after two years of growth. Overall, exports continue to indicate strong growth. The most prominent rate of growth was recorded in 2020 when exports increased by 228% against the previous year. As a result, the exports attained the peak of 131 units. From 2021 to 2022, the growth of the exports failed to regain momentum.
In value terms, upright piano exports totaled $12K in 2022. Over the period under review, exports continue to indicate a abrupt setback. The growth pace was the most rapid in 2020 with an increase of 86% against the previous year. As a result, the exports attained the peak of $31K. From 2021 to 2022, the growth of the exports failed to regain momentum.
Export of Upright Piano in Finland (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United Arab Emirates | N/A | 18.5 | N/A | 7.4 | -36.8% |
Lebanon | 15.7 | N/A | N/A | 4.7 | -33.1% |
Gambia | N/A | 11.6 | N/A | N/A | 0% |
Morocco | 0.7 | N/A | N/A | N/A | 0% |
Tanzania | N/A | 0.6 | N/A | N/A | 0% |
Others | N/A | N/A | N/A | N/A | 0% |
Total | 16.5 | 30.6 | N/A | 12.2 | -9.6% |
Top Export Markets for Upright Piano from Finland in 2022:
- United Arab Emirates (25.0 units)
- Lebanon (25.0 units)
This report provides an in-depth analysis of the upright piano market in Finland. 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)
Country coverage:
- Finland
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Finland
- 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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