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Indonesia - Acoustic New Upright Pianos - Market Analysis, Forecast, Size, Trends And Insights
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View PricingUpright Piano Price in Indonesia - 2022
Contents:
- Upright Piano Price in Indonesia (FOB) - 2022
- Upright Piano Price in Indonesia (CIF) - 2022
- Upright Piano Exports in Indonesia
- Upright Piano Imports in Indonesia
Upright Piano Price in Indonesia (FOB) - 2022
In March 2022, the average upright piano export price amounted to $6,097 per unit, stabilizing at the previous month. In general, the export price, however, showed a resilient expansion. The pace of growth was the most pronounced in February 2022 when the average export price increased by 244% month-to-month. As a result, the export price reached the peak level of $6,097 per unit, leveling off in the following month.
Average prices varied noticeably for the major external markets. In March 2022, the countries with the highest prices were France ($6,097 per unit) and Canada ($6,097 per unit), while the average price for exports to Japan ($6,097 per unit) and the Netherlands ($6,097 per unit) were amongst the lowest.
From March 2021 to March 2022, the most notable rate of growth in terms of prices was recorded for supplies to China (+12.2%), while the prices for the other major destinations experienced more modest paces of growth.
Upright Piano Price in Indonesia (CIF) - 2022
In 2022, the average upright piano import price amounted to $3,058 per unit, with an increase of 11% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +3.3%. The pace of growth was the most pronounced in 2020 an increase of 13% against the previous year. Over the period under review, average import prices reached the peak figure in 2022 and is likely to see gradual growth in the immediate term.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Japan ($3,318 per unit), while the price for China ($2,885 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+8.2%), while the prices for the other major suppliers experienced more modest paces of growth.
Upright Piano Exports in Indonesia
Upright piano exports from Indonesia declined markedly to 9.5K units in 2022, with a decrease of -39.5% compared with the previous year's figure. In general, exports faced a significant contraction. The pace of growth was the most pronounced in 2021 with an increase of 8.7% against the previous year. The exports peaked at 21K units in 2019; however, from 2020 to 2022, the exports failed to regain momentum.
In value terms, upright piano exports amounted to $101M in 2022. Overall, exports showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when exports increased by 40%. The exports peaked at $102M in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.
Export of Upright Piano in Indonesia (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 40.2 | 20.8 | 33.5 | 34.8 | -4.7% |
United States | 12.3 | 8.9 | 12.8 | 13.3 | 2.6% |
Germany | 11.3 | 7.4 | 11.1 | 11.5 | 0.6% |
Netherlands | 6.7 | 6.3 | 6.6 | 6.8 | 0.5% |
Japan | 7.0 | 4.5 | 6.2 | 6.4 | -2.9% |
Malaysia | 6.3 | 5.5 | 4.9 | 5.6 | -3.9% |
France | 4.8 | 3.9 | 5.3 | 5.5 | 4.6% |
Others | 13.5 | 11.2 | 15.8 | 16.6 | 7.1% |
Total | 102 | 68.4 | 96.1 | 101 | -0.3% |
Top Export Markets for Upright Piano from Indonesia in 2022:
- China (3.3K units)
- United States (1.2K units)
- Germany (1.0K units)
- Netherlands (0.7K units)
- Japan (0.6K units)
- Malaysia (0.6K units)
- France (0.5K units)
Upright Piano Imports in Indonesia
In 2022, approx. 169 units of acoustic new upright pianos were imported into Indonesia; with an increase of 101% against 2021. Overall, imports recorded a resilient expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, upright piano imports surged to $517K in 2022. In general, imports enjoyed a strong increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.
Import of Upright Piano in Indonesia (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 222 | 61.1 | 70.6 | 219 | -0.5% |
United States | 12.9 | 3.8 | 110 | 208 | 152.6% |
Japan | 70.3 | 13.1 | 47.5 | 89.6 | 8.4% |
Switzerland | 19.8 | N/A | N/A | N/A | 0% |
Singapore | N/A | 51.8 | N/A | N/A | 0% |
Germany | 20.8 | N/A | N/A | N/A | 0% |
Others | 3.0 | 6.2 | 2.4 | N/A | -10.6% |
Total | 349 | 136 | 231 | 517 | 14.0% |
Top Suppliers of Upright Piano to Indonesia in 2022:
- China (76.0 units)
- United States (66.0 units)
- Japan (27.0 units)
This report provides an in-depth analysis of the upright piano market in Indonesia. 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:
- Indonesia
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Indonesia
- 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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