Report Update Nov 1, 2024

Chile - Acoustic Grand Pianos - Market Analysis, Forecast, Size, Trends and Insights

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Chile: Grand Piano Market 2024

Grand Piano Market Size in Chile

The Chilean grand piano market was finally on the rise to reach $X in 2021, after two years of decline. Overall, consumption showed a tangible increase. Over the period under review, the market attained the peak level at $X in 2014; however, from 2015 to 2021, consumption remained at a lower figure.

Grand Piano Exports

Exports from Chile

In 2019, shipments abroad of acoustic grand pianos decreased by 0% to X kg, falling for the third consecutive year after two years of growth. Over the period under review, exports showed significant growth. The pace of growth was the most pronounced in 2016 with an increase of 24%. The exports peaked in 2019 and are expected to retain growth in the near future.

In value terms, grand piano exports amounted to $X in 2019. In general, exports saw a prominent increase. The most prominent rate of growth was recorded in 2016 when exports increased by 21% against the previous year. The exports peaked in 2019 and are expected to retain growth in years to come.

Exports by Country

The United States (X kg) was the main destination for grand piano exports from Chile, with a 73% share of total exports. Moreover, grand piano exports to the United States exceeded the volume sent to the second major destination, Austria (X kg), threefold.

From 2015 to 2019, the average annual rate of growth in terms of volume to the United States was relatively modest.

From 2015 to 2019, the average annual growth rate of value to the United States was relatively modest.

Export Prices by Country

In 2019, the average grand piano export price amounted to $X per ton, leveling off at the previous year. In general, the export price showed a noticeable descent. The most prominent rate of growth was recorded in 2016 when the average export price decreased by -2.8%. The export price peaked at $X per ton in 2015; however, from 2016 to 2019, the export prices remained at a lower figure.

Average prices varied noticeably for the major foreign markets. In 2019, the country with the highest price was Austria ($X per ton), while the average price for exports to the United States stood at $X per ton.

From 2015 to 2019, the most notable rate of growth in terms of prices was recorded for supplies to Bolivia (+92.9%).

Grand Piano Imports

Imports into Chile

In 2021, after six years of decline, there was significant growth in purchases abroad of acoustic grand pianos, when their volume increased by 917% to X tons. Overall, imports enjoyed resilient growth. Imports peaked at X tons in 2014; however, from 2015 to 2021, imports failed to regain momentum.

In value terms, grand piano imports soared to $X in 2021. In general, imports recorded a moderate expansion. Over the period under review, imports reached the peak figure at $X in 2014; however, from 2015 to 2021, imports remained at a lower figure.

Imports by Country

Austria (X tons), the United States (X tons) and Japan (X kg) were the main suppliers of grand piano imports to Chile, with a combined 46% share of total imports. South Korea, Germany, China and Indonesia lagged somewhat behind, together comprising a further 10%.

From 2012 to 2021, the biggest increases were recorded for South Korea (with a CAGR of +42.6%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the United States ($X), Austria ($X) and Japan ($X) were the largest grand piano suppliers to Chile, together accounting for 74% of total imports. These countries were followed by Germany, China, South Korea and Indonesia, which together accounted for a further 13%.

In terms of the main suppliers, South Korea, with a CAGR of +29.8%, recorded the highest growth rate of 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 grand piano import price amounted to $X per ton, waning by -33.4% against the previous year. Overall, the import price showed a perceptible shrinkage. The pace of growth appeared the most rapid in 2018 when the average import price increased by 28%. Over the period under review, average import prices attained the peak figure at $X per ton in 2019; however, from 2020 to 2021, 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 Germany ($X per ton), while the price for South Korea ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Germany (+7.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for acoustic grand pianos in the world?

Japan constituted the country with the largest volume of grand piano consumption, accounting for 27% of total volume. Moreover, grand piano consumption in Japan exceeded the figures recorded by the second-largest consumer, Indonesia, twofold. The United States ranked third in terms of total consumption with an 11% share.

What are the largest producers of acoustic grand pianos in the world?

Japan constituted the country with the largest volume of grand piano production, comprising approx. 62% of total volume. Moreover, grand piano production in Japan exceeded the figures recorded by the second-largest producer, Indonesia, twofold. The third position in this ranking was occupied by Germany, with a 7.3% share.

What are the leading suppliers of acoustic grand pianos to Chile?

In value terms, the United States constituted the largest supplier of grand piano to Chile, comprising 57% of total imports. The second position in the ranking was occupied by South Korea, with a 24% share of total imports.

What is the average export price for acoustic grand pianos in Chile?

The average grand piano export price stood at $58,201 per ton in 2019, standing approx. at the previous year.

What is the average import price for acoustic grand pianos in Chile?

In 2020, the average grand piano import price amounted to $29,303 per ton, which is down by -35.4% against the previous year.

This report provides an in-depth analysis of the grand piano market in Chile. 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 32201130 - Acoustic grand pianos (including automatic pianos)

Country coverage:

Chile

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Chile
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.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
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
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
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
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023