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Kenya - Acoustic New Upright Pianos - Market Analysis, Forecast, Size, Trends And Insights
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View PricingUpright Piano Price in Kenya - 2022
Contents:
- Upright Piano Price in Kenya (CIF) - 2022
- Upright Piano Price in Kenya (FOB) - 2022
- Upright Piano Imports in Kenya
- Upright Piano Exports in Kenya
Upright Piano Price in Kenya (CIF) - 2022
In 2022, the average upright piano import price amounted to $386 per unit, surging by 20% against the previous year. Overall, the import price, however, saw a abrupt downturn. The growth pace was the most rapid in 2015 an increase of 44% against the previous year. Over the period under review, average import prices hit record highs at $1,013 per unit in 2019; however, from 2020 to 2022, import prices stood at a somewhat lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was China ($1,650 per unit), while the price for Germany ($80 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Czech Republic (+281.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Upright Piano Price in Kenya (FOB) - 2022
The average upright piano export price stood at $525 per unit in 2022, surging by 129% against the previous year. In general, the export price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2019 when the average export price increased by 941% against the previous year. As a result, the export price reached the peak level of $1,413 per unit. From 2020 to 2022, the average export prices remained at a lower figure.
There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Israel ($1,463 per unit), while the average price for exports to Uganda ($32 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 Tanzania (-13.1%).
Upright Piano Imports in Kenya
Upright piano imports into Kenya declined remarkably to 289 units in 2022, waning by -39.8% against 2021 figures. Over the period under review, imports, however, posted noticeable growth. The pace of growth was the most pronounced in 2021 with an increase of 371% against the previous year. As a result, imports reached the peak of 480 units, and then declined markedly in the following year.
In value terms, upright piano imports shrank rapidly to $111K in 2022. In general, imports continue to indicate a dramatic curtailment. The growth pace was the most rapid in 2021 with an increase of 126% against the previous year. Imports peaked at $258K in 2019; however, from 2020 to 2022, imports failed to regain momentum.
Import of Upright Piano in Kenya (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United Arab Emirates | 11.3 | N/A | 21.2 | 25.6 | 31.3% |
Netherlands | 27.3 | 29.5 | 1.4 | 17.7 | -13.4% |
China | 41.1 | 11.8 | 19.0 | 9.9 | -37.8% |
Germany | 0.3 | 0.3 | 0.9 | 8.7 | 207.2% |
Japan | 52.1 | 8.1 | 22.1 | 7.4 | -47.8% |
Indonesia | 6.9 | 1.0 | 3.7 | 5.4 | -7.8% |
South Korea | 4.9 | 0.6 | 2.9 | 3.8 | -8.1% |
Sweden | 0.5 | 0.2 | 0.8 | 2.9 | 79.7% |
United States | 2.5 | 1.2 | 0.5 | 2.4 | -1.4% |
United Kingdom | 0.2 | N/A | 1.8 | 2.2 | 122.4% |
Belgium | 0.1 | 0.3 | 0.4 | 0.5 | 71.0% |
Others | 111 | 15.5 | 79.8 | 24.9 | -39.2% |
Total | 258 | 68.4 | 155 | 111 | -24.5% |
Top Suppliers of Upright Piano to Kenya in 2022:
- Germany (109.0 units)
- United Arab Emirates (25.0 units)
- Sweden (25.0 units)
- Netherlands (20.0 units)
- United States (18.0 units)
- Japan (17.0 units)
- United Kingdom (10.0 units)
- Indonesia (7.0 units)
- South Korea (7.0 units)
- China (6.0 units)
- Belgium (3.0 units)
Upright Piano Exports in Kenya
In 2022, exports of acoustic new upright pianos from Kenya stood at 3 units, approximately equating 2021. Over the period under review, exports continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when exports increased by 50% against the previous year. The exports peaked in 2022 and are likely to see gradual growth in the near future.
In value terms, upright piano exports surged to $1.6K in 2022. Overall, exports saw a significant curtailment. Over the period under review, the exports reached the maximum at $4.2K in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.
Export of Upright Piano in Kenya (USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Israel | N/A | N/A | N/A | 1,463 | 0% |
Tanzania | 3,285 | 2,040 | 218 | 81.0 | -70.9% |
Uganda | 301 | 424 | 103 | 32.0 | -52.6% |
Democratic Republic of the Congo | N/A | N/A | 368 | N/A | 0% |
India | 654 | N/A | N/A | N/A | 0% |
Others | N/A | N/A | N/A | N/A | 0% |
Total | 4,240 | 2,464 | 689 | 1,576 | -28.1% |
Top Export Markets for Upright Piano from Kenya in 2022:
- Tanzania (1.0 units)
- Israel (1.0 units)
- Uganda (1.0 units)
This report provides an in-depth analysis of the upright piano market in Kenya. 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:
- Kenya
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Kenya
- 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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