Report Update Nov 1, 2024

Oman - Acoustic New Upright Pianos - Market Analysis, Forecast, Size, Trends and Insights

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Oman: Upright Piano Market 2024

Upright Piano Market Size in Oman

The Omani upright piano market rose remarkably to $X in 2022, surging by 7.4% against the previous year. Over the period under review, consumption enjoyed a measured increase. Upright piano consumption peaked in 2022 and is expected to retain growth in the near future.

Upright Piano Production in Oman

In value terms, upright piano production reduced to $X in 2022 estimated in export price. Overall, production, however, recorded a strong expansion. The most prominent rate of growth was recorded in 2018 with an increase of 66% against the previous year. Upright piano production peaked at $X in 2019; however, from 2020 to 2022, production failed to regain momentum.

Upright Piano Exports

Exports from Oman

In 2022, exports of acoustic new upright pianos from Oman surged to X units, increasing by 40% compared with the previous year. In general, exports, however, continue to indicate a precipitous decline. The most prominent rate of growth was recorded in 2018 when exports increased by 500%. Over the period under review, the exports attained the maximum at X units in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

In value terms, upright piano exports surged to $X in 2022. Overall, exports, however, faced a deep setback. The growth pace was the most rapid in 2018 with an increase of 1,220% against the previous year. Over the period under review, the exports attained the maximum at $X in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

Exports by Country

Qatar (X units) was the main destination for upright piano exports from Oman, with a approx. 100% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of volume to Qatar totaled +16.7%.

In value terms, Qatar ($X) also remains the key foreign market for acoustic new upright pianos exports from Oman.

From 2012 to 2022, the average annual growth rate of value to Qatar totaled +30.4%.

Export Prices by Country

In 2022, the average upright piano export price amounted to $X per unit, rising by 15% against the previous year. In general, the export price posted buoyant growth. The growth pace was the most rapid in 2018 an increase of 120%. Over the period under review, the average export prices reached the peak figure 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 Qatar.

From 2012 to 2022, the rate of growth in terms of prices for Qatar amounted to +11.8% per year.

Upright Piano Imports

Imports into Oman

Upright piano imports into Oman surged to X units in 2022, with an increase of 58% on 2021. In general, imports, however, showed a sharp slump. The pace of growth was the most pronounced in 2020 when imports increased by 450%. Over the period under review, imports reached the peak figure at X units in 2012; however, from 2013 to 2022, imports remained at a lower figure.

In value terms, upright piano imports soared to $X in 2022. Overall, imports, however, faced a precipitous slump. The most prominent rate of growth was recorded in 2020 with an increase of 430% against the previous year. Over the period under review, imports reached the peak figure at $X in 2012; however, from 2013 to 2022, imports failed to regain momentum.

Imports by Country

In 2022, the United Arab Emirates (X units) constituted the largest supplier of upright piano to Oman, accounting for a 50% share of total imports. Moreover, upright piano imports from the United Arab Emirates exceeded the figures recorded by the second-largest supplier, China (X units), twofold. The third position in this ranking was taken by Indonesia (X units), with a 16% share.

From 2012 to 2022, the average annual growth rate of volume from the United Arab Emirates stood at +1.7%. The remaining supplying countries recorded the following average annual rates of imports growth: China (+24.6% per year) and Indonesia (+7.2% per year).

In value terms, the United Arab Emirates ($X) constituted the largest supplier of acoustic new upright pianos to Oman, comprising 55% of total imports. The second position in the ranking was taken by China ($X), with a 16% share of total imports. It was followed by Indonesia, with a 15% share.

From 2012 to 2022, the average annual growth rate of value from the United Arab Emirates totaled +5.8%. The remaining supplying countries recorded the following average annual rates of imports growth: China (+30.8% per year) and Indonesia (+7.0% per year).

Import Prices by Country

In 2022, the average upright piano import price amounted to $X per unit, remaining stable against the previous year. Over the period under review, the import price, however, saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2018 an increase of 21%. The import price peaked at $X per unit in 2014; however, from 2015 to 2022, import prices failed to regain momentum.

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 Japan ($X per unit), while the price for Germany ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Japan (+7.1%), 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 new upright pianos in the world?

The country with the largest volume of upright piano consumption was China, comprising approx. 56% of total volume. Moreover, upright piano consumption in China exceeded the figures recorded by the second-largest consumer, Vietnam, ninefold. The third position in this ranking was occupied by Japan, with a 5.9% share.

What are the largest producers of acoustic new upright pianos in the world?

The country with the largest volume of upright piano production was Japan, comprising approx. 62% of total volume. Moreover, upright piano production in Japan exceeded the figures recorded by the second-largest producer, Indonesia, twofold. Germany ranked third in terms of total production with a 2.7% share.

What are the leading suppliers of acoustic new upright pianos to Oman?

In value terms, the United Arab Emirates constituted the largest supplier of upright piano to Oman, comprising 76% of total imports. The second position in the ranking was occupied by the UK, with a 4.9% share of total imports. It was followed by Indonesia, with a 4.8% share.

What are the leading importers of acoustic new upright pianos from Oman?

In value terms, Qatar remains the key foreign market for upright piano exports from Oman.

What is the average export price for acoustic new upright pianos in Oman?

In 2018, the average upright piano export price amounted to $15,300 per ton, rising by 151% against the previous year.

What is the average import price for acoustic new upright pianos in Oman?

The average upright piano import price stood at $12,012 per ton in 2021, almost unchanged from the previous year.

This report provides an in-depth analysis of the upright piano market in Oman. 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:

Oman

Data coverage:

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