Angola: Piano Market 2025

Piano Market Size in Angola

The Angolan piano market soared to $X in 2021, with an increase of 279% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). In general, consumption, however, saw a pronounced decline. Piano consumption peaked at $X in 2015; however, from 2016 to 2021, consumption stood at a somewhat lower figure.

Piano Exports

Exports from Angola

In 2021, exports of pianos and other keyboard stringed musical instruments from Angola declined slightly to X kg, approximately mirroring the previous year. Over the period under review, exports, however, saw significant growth. The pace of growth appeared the most rapid in 2016 with an increase of 178%. Over the period under review, the exports attained the maximum at X tons in 2019; however, from 2020 to 2021, the exports stood at a somewhat lower figure.

In value terms, piano exports fell to $X in 2021. In general, exports, however, continue to indicate resilient growth. The pace of growth appeared the most rapid in 2019 when exports increased by 251% against the previous year. As a result, the exports reached the peak of $X. From 2020 to 2021, the growth of the exports remained at a lower figure.

Exports by Country

France (X kg), Cote d'Ivoire (X kg) and Democratic Republic of the Congo (X kg) were the main destinations of piano exports from Angola, with a combined 60% share of total exports.

From 2012 to 2021, the biggest increases were recorded for Cote d'Ivoire (with a CAGR of +90.8%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for piano exported from Angola were France ($X), Cote d'Ivoire ($X) and Brazil ($X), with a combined 41% share of total exports.

In terms of the main countries of destination, France, with a CAGR of +47.4%, saw the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average piano export price stood at $X per ton in 2021, reducing by -8% against the previous year. Over the period under review, the export price continues to indicate a noticeable decrease. The pace of growth was the most pronounced in 2019 an increase of 56%. As a result, the export price reached the peak level of $X per ton. From 2020 to 2021, the average export prices remained at a somewhat lower figure.

There were significant differences in the average prices for the major external markets. In 2021, the country with the highest price was South Africa ($X per ton), while the average price for exports to Germany ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Indonesia (+86.7%), while the prices for the other major destinations experienced mixed trend patterns.

Piano Imports

Imports into Angola

In 2021, the amount of pianos and other keyboard stringed musical instruments imported into Angola soared to X tons, increasing by 266% on 2020. In general, imports, however, showed a noticeable decrease. Over the period under review, imports reached the maximum at X tons in 2015; however, from 2016 to 2021, imports remained at a lower figure.

In value terms, piano imports surged to $X in 2021. Overall, imports, however, recorded a relatively flat trend pattern. Imports peaked at $X in 2015; however, from 2016 to 2021, imports remained at a lower figure.

Imports by Country

China (X tons), the Netherlands (X tons) and Namibia (X tons) were the main suppliers of piano imports to Angola, together comprising 62% of total imports.

From 2012 to 2021, the biggest increases were recorded for the Netherlands (with a CAGR of +74.2%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest piano suppliers to Angola were China ($X), Hong Kong SAR ($X) and Portugal ($X), together accounting for 54% of total imports. Namibia, Belgium, the Netherlands, the United Arab Emirates, the UK and Tanzania lagged somewhat behind, together comprising a further 12%.

Among the main suppliers, the Netherlands, with a CAGR of +62.2%, recorded the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2021, the average piano import price amounted to $X per ton, dropping by -20.7% against the previous year. In general, the import price, however, showed a noticeable expansion. The growth pace was the most rapid in 2016 an increase of 141%. As a result, import price reached the peak level of $X per ton. From 2017 to 2021, the average import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2021, the country with the highest price was Hong Kong SAR ($X per ton), while the price for Tanzania ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Hong Kong SAR (+17.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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