United Arab Emirates: Upright Piano Market 2025

Upright Piano Market Size in the United Arab Emirates

The upright piano market in the United Arab Emirates contracted dramatically to $X in 2022, which is down by -26.9% 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, enjoyed resilient growth. As a result, consumption reached the peak level of $X, and then declined remarkably in the following year.

Upright Piano Exports

Exports from the United Arab Emirates

In 2022, approx. X units of acoustic new upright pianos were exported from the United Arab Emirates; increasing by 39% against the year before. Over the period under review, exports posted a temperate expansion. The growth pace was the most rapid in 2017 with an increase of 282% against the previous year. As a result, the exports attained the peak of X units. From 2018 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, upright piano exports skyrocketed to $X in 2022. Overall, exports posted a perceptible increase. The most prominent rate of growth was recorded in 2017 when exports increased by 519% against the previous year. As a result, the exports attained the peak of $X. From 2018 to 2022, the growth of the exports failed to regain momentum.

Exports by Country

Burundi (X units) was the main destination for upright piano exports from the United Arab Emirates, with a 70% share of total exports. Moreover, upright piano exports to Burundi exceeded the volume sent to the second major destination, Mozambique (X units), fourfold. The third position in this ranking was taken by Uzbekistan (X units), with a 5.2% share.

From 2012 to 2022, the average annual growth rate of volume to Burundi stood at +59.7%. Exports to the other major destinations recorded the following average annual rates of exports growth: Mozambique (+35.1% per year) and Uzbekistan (+100.0% per year).

In value terms, Uzbekistan ($X) emerged as the key foreign market for acoustic new upright pianos exports from the United Arab Emirates, comprising 43% of total exports. The second position in the ranking was held by Burundi ($X), with a 15% share of total exports. It was followed by Mozambique, with a 2.3% share.

From 2012 to 2022, the average annual rate of growth in terms of value to Uzbekistan totaled +200.4%. Exports to the other major destinations recorded the following average annual rates of exports growth: Burundi (+26.4% per year) and Mozambique (+41.2% per year).

Export Prices by Country

The average upright piano export price stood at $X per unit in 2022, with an increase of 6.8% against the previous year. In general, the export price, however, showed a pronounced contraction. The growth pace was the most rapid in 2017 when the average export price increased by 62% against the previous year. Over the period under review, the average export prices reached the peak figure at $X per unit in 2018; however, from 2019 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Uzbekistan ($X per unit), while the average price for exports to Mozambique ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Uzbekistan (+50.2%), while the prices for the other major destinations experienced more modest paces of growth.

Upright Piano Imports

Imports into the United Arab Emirates

In 2022, purchases abroad of acoustic new upright pianos decreased by -17.3% to X units for the first time since 2019, thus ending a two-year rising trend. In general, total imports indicated buoyant growth from 2012 to 2022: its volume increased at an average annual rate of +5.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +40.9% against 2019 indices. The pace of growth appeared the most rapid in 2021 when imports increased by 53% against the previous year. Imports peaked at X units in 2016; however, from 2017 to 2022, imports failed to regain momentum.

In value terms, upright piano imports declined rapidly to $X in 2022. Overall, imports, however, enjoyed a buoyant increase. The pace of growth was the most pronounced in 2021 when imports increased by 104% against the previous year. As a result, imports reached the peak of $X, and then declined markedly in the following year.

Imports by Country

China (X units), Japan (X units) and Sweden (X units) were the main suppliers of upright piano imports to the United Arab Emirates, together comprising 38% of total imports. South Korea, Germany, Italy and Finland lagged somewhat behind, together accounting for a further 7.3%.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Italy (with a CAGR of +51.7%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Japan ($X) constituted the largest supplier of acoustic new upright pianos to the United Arab Emirates, comprising 26% of total imports. The second position in the ranking was taken by China ($X), with a 10% share of total imports. It was followed by Germany, with an 8.5% share.

From 2012 to 2022, the average annual rate of growth in terms of value from Japan amounted to +10.9%. The remaining supplying countries recorded the following average annual rates of imports growth: China (-0.2% per year) and Germany (+47.9% per year).

Import Prices by Country

In 2022, the average upright piano import price amounted to $X per unit, dropping by -10% against the previous year. In general, import price indicated a modest increase from 2012 to 2022: its price increased at an average annual rate of +1.6% 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 +20.2% against 2020 indices. The growth pace was the most rapid in 2015 when the average import price increased by 37%. Over the period under review, average import prices reached the peak figure at $X per unit in 2021, and then fell in the following year.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($X per unit), while the price for Finland ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Finland (+14.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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