Uganda: Upright Piano Market 2025

Upright Piano Market Size in Uganda

The Ugandan upright piano market rose remarkably to $X in 2022, surging by 5.4% against the previous year. In general, consumption saw strong growth. Upright piano consumption peaked at $X in 2020; however, from 2021 to 2022, consumption remained at a lower figure.

Upright Piano Production in Uganda

In value terms, upright piano production expanded remarkably to $X in 2022 estimated in export price. Overall, production showed strong growth. The pace of growth was the most pronounced in 2015 when the production volume increased by 89% against the previous year. Over the period under review, production attained the maximum level at $X in 2020; however, from 2021 to 2022, production stood at a somewhat lower figure.

Upright Piano Exports

Exports from Uganda

After two years of decline, overseas shipments of acoustic new upright pianos decreased by 0% to X units in 2022. In general, exports recorded a relatively flat trend pattern. The growth pace was the most rapid in 2019 when exports increased by 233%. As a result, the exports attained the peak of X units. From 2020 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, upright piano exports shrank to $X in 2022. Over the period under review, exports showed a moderate increase. The pace of growth appeared the most rapid in 2019 when exports increased by 504%. As a result, the exports reached the peak of $X. From 2020 to 2022, the growth of the exports remained at a somewhat lower figure.

Exports by Country

Burundi (X units) and Democratic Republic of the Congo (X units) were the main destinations of upright piano exports from Uganda.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Burundi (with a CAGR of 0.0%).

In value terms, Democratic Republic of the Congo ($X) remains the key foreign market for acoustic new upright pianos exports from Uganda, comprising 94% of total exports. The second position in the ranking was held by Burundi ($X), with a 5.7% share of total exports.

From 2012 to 2022, the average annual growth rate of value to Democratic Republic of the Congo totaled +11.4%.

Export Prices by Country

The average upright piano export price stood at $X per unit in 2022, almost unchanged from the previous year. Overall, the export price, however, showed pronounced growth. The pace of growth appeared the most rapid in 2020 when the average export price increased by 320% against the previous year. Over the period under review, the average export prices attained the maximum at $X per unit in 2021, and then contracted slightly in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Democratic Republic of the Congo ($X per unit), while the average price for exports to Burundi totaled $X per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Democratic Republic of the Congo (+11.4%).

Upright Piano Imports

Imports into Uganda

In 2022, upright piano imports into Uganda rose sharply to X units, increasing by 6.7% on the previous year's figure. Overall, imports, however, continue to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2019 when imports increased by 17%. As a result, imports reached the peak of X units. From 2020 to 2022, the growth of imports remained at a lower figure.

In value terms, upright piano imports skyrocketed to $X in 2022. Over the period under review, imports, however, continue to indicate a slight slump. The most prominent rate of growth was recorded in 2020 with an increase of 200% against the previous year. Over the period under review, imports attained the peak figure at $X in 2015; however, from 2016 to 2022, imports failed to regain momentum.

Imports by Country

The Netherlands (X units), Norway (X units) and South Africa (X units) were the main suppliers of upright piano imports to Uganda, together comprising 19% of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by the Netherlands (with a CAGR of 0.0%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest upright piano suppliers to Uganda were Ethiopia ($X), Denmark ($X) and China ($X), together comprising 77% of total imports.

In terms of the main suppliers, China, with a CAGR of +71.5%, 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

The average upright piano import price stood at $X per unit in 2022, growing by 105% against the previous year. Overall, the import price, however, saw a relatively flat trend pattern. The growth pace was the most rapid in 2020 an increase of 320% against the previous year. The import price peaked at $X per unit in 2015; however, from 2016 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 Ethiopia ($X per unit), while the price for Canada ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+71.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform