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Portugal - Acoustic New Upright Pianos - Market Analysis, Forecast, Size, Trends And Insights
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View PricingUpright Piano Price in Portugal - 2023
Contents:
- Upright Piano Price in Portugal (CIF) - 2022
- Upright Piano Price in Portugal (FOB) - 2022
- Upright Piano Imports in Portugal
- Upright Piano Exports in Portugal
Upright Piano Price in Portugal (CIF) - 2022
The average upright piano import price stood at $2,670 per unit in 2022, with a decrease of -10.4% against the previous year. In general, import price indicated a slight increase from 2012 to 2022: its price increased at an average annual rate of +1.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, upright piano import price increased by +43.2% against 2020 indices. The growth pace was the most rapid in 2021 an increase of 60%. As a result, import price attained the peak level of $2,979 per unit, and then contracted in the following year.
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 Spain ($3,581 per unit), while the price for the United States ($431 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Indonesia (+21.1%), while the prices for the other major suppliers experienced more modest paces of growth.
Upright Piano Price in Portugal (FOB) - 2022
The average upright piano export price stood at $3,740 per unit in 2022, growing by 76% against the previous year. In general, the export price showed a tangible increase. The growth pace was the most rapid in 2019 an increase of 1,924%. The export price peaked in 2022 and is expected to retain growth in the immediate term.
As there is only one major export destination, the average price level is determined by prices for Angola.
From 2012 to 2022, the rate of growth in terms of prices for Angola amounted to +2.2% per year.
Upright Piano Imports in Portugal
For the fourth year in a row, Portugal recorded growth in supplies from abroad of acoustic new upright pianos, which increased by 14% to 301 units in 2022. Over the period under review, imports showed a significant increase. The most prominent rate of growth was recorded in 2020 when imports increased by 95% against the previous year. Imports peaked in 2022 and are likely to continue growth in years to come.
In value terms, upright piano imports expanded modestly to $804K in 2022. In general, imports showed a significant expansion. The pace of growth appeared the most rapid in 2021 with an increase of 111% against the previous year. Over the period under review, imports hit record highs in 2022 and are likely to see gradual growth in the immediate term.
Import of Upright Piano in Portugal (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Spain | 89.2 | 43.2 | 214 | 283 | 46.9% |
Japan | 66.6 | 125 | 302 | 211 | 46.9% |
Indonesia | 8.4 | N/A | 75.3 | 157 | 165.4% |
Germany | 44.8 | 84.8 | 72.1 | 69.1 | 15.5% |
Belgium | N/A | 55.1 | 20.4 | 37.0 | -18.1% |
Netherlands | 59.0 | 51.8 | N/A | 2.5 | -65.1% |
United States | 1.5 | 1.3 | 0.4 | 2.2 | 13.6% |
Others | 6.9 | 10.1 | 99.5 | 41.9 | 82.4% |
Total | 276 | 371 | 784 | 804 | 42.8% |
Top Suppliers of Upright Piano to Portugal in 2022:
- Japan (84.0 units)
- Spain (79.0 units)
- Indonesia (60.0 units)
- Belgium (41.0 units)
- Germany (22.0 units)
- United States (5.0 units)
- Netherlands (1.0 units)
Upright Piano Exports in Portugal
Upright piano exports from Portugal contracted remarkably to 7 units in 2022, declining by -79.4% against the previous year's figure. Over the period under review, exports showed a abrupt descent. The pace of growth appeared the most rapid in 2021 when exports increased by 580% against the previous year. As a result, the exports attained the peak of 34 units, and then declined remarkably in the following year.
In value terms, upright piano exports shrank sharply to $26K in 2022. In general, exports continue to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 with an increase of 744% against the previous year. As a result, the exports attained the peak of $72K, and then contracted significantly in the following year.
Export of Upright Piano in Portugal (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Angola | 23.7 | 6.6 | 4.8 | 26.2 | 3.4% |
Switzerland | N/A | 1.2 | N/A | N/A | 0% |
Mozambique | 2.6 | N/A | 10.5 | N/A | 101.0% |
Cabo Verde | N/A | 0.8 | N/A | N/A | 0% |
United Kingdom | N/A | N/A | 2.5 | N/A | 0% |
Guinea | N/A | N/A | 5.7 | N/A | 0% |
Turkey | N/A | N/A | 48.8 | N/A | 0% |
Others | N/A | N/A | N/A | N/A | 0% |
Total | 26.3 | 8.6 | 72.3 | 26.2 | -0.1% |
Top Export Markets for Upright Piano from Portugal in 2022:
- Angola (7.0 units)
This report provides an in-depth analysis of the upright piano market in Portugal. 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:
- Portugal
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Portugal
- 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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