Colombia - Pianos And Other Keyboard Stringed Musical Instruments - Market Analysis, Forecast, Size, Trends and Insights
Get instant access to more than 2 million reports, dashboards, and datasets on the IndexBox Platform.
View PricingPiano Price in Colombia - 2022
Contents:
- Piano Price in Colombia (CIF) - 2022
- Piano Price in Colombia (FOB) - 2022
- Piano Imports in Colombia
- Piano Exports in Colombia
Piano Price in Colombia (CIF) - 2022
The average piano import price stood at $2,740 per unit in 2022, falling by -9.2% against the previous year. In general, import price indicated pronounced growth from 2012 to 2022: its price increased at an average annual rate of +3.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, piano import price decreased by -31.8% against 2019 indices. The most prominent rate of growth was recorded in 2015 when the average import price increased by 59%. The import price peaked at $4,018 per unit in 2019; however, from 2020 to 2022, import prices remained at a lower figure.
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 ($6,130 per unit), while the price for the United States ($1,547 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Spain (+60.3%), while the prices for the other major suppliers experienced more modest paces of growth.
Piano Price in Colombia (FOB) - 2022
The average piano export price stood at $653 per unit in 2022, growing by 28% against the previous year. In general, the export price showed a significant increase. The most prominent rate of growth was recorded in 2021 an increase of 11,428%. The export price peaked in 2022 and is expected to retain growth in years to come.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Panama ($1,631 per unit), while the average price for exports to Aruba ($40 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 Curacao (+16,150.0%), while the prices for the other major destinations experienced more modest paces of growth.
Piano Imports in Colombia
In 2022, imports of pianos and other keyboard stringed musical instruments into Colombia surged to 235 units, rising by 52% against the year before. Over the period under review, imports showed a tangible expansion. The most prominent rate of growth was recorded in 2021 when imports increased by 53% against the previous year. Imports peaked in 2022 and are likely to continue growth in the near future.
In value terms, piano imports skyrocketed to $644K in 2022. Overall, imports, however, continue to indicate a abrupt downturn. Imports peaked at $860K in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.
Import of Piano in Colombia (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Indonesia | 63.5 | 24.0 | 18.6 | 354 | 77.3% |
China | 132 | 45.4 | 37.4 | 169 | 8.6% |
Japan | 35.9 | 17.1 | 13.9 | 85.8 | 33.7% |
United States | 29.1 | 19.8 | 12.9 | 32.5 | 3.8% |
Malaysia | 70.2 | 38.3 | 43.3 | N/A | -21.5% |
Panama | 177 | 122 | 169 | N/A | -2.3% |
Others | 352 | 86.8 | 172 | 2.3 | -81.3% |
Total | 860 | 353 | 468 | 644 | -9.2% |
Top Suppliers of Piano to Colombia in 2022:
- Indonesia (121.0 units)
- China (78.0 units)
- United States (21.0 units)
- Japan (14.0 units)
Piano Exports in Colombia
In 2022, exports of pianos and other keyboard stringed musical instruments from Colombia contracted remarkably to 6 units, with a decrease of -53.8% against the previous year. In general, exports continue to indicate a abrupt descent. The pace of growth appeared the most rapid in 2021 when exports increased by 86%. As a result, the exports attained the peak of 13 units, and then dropped remarkably in the following year.
In value terms, piano exports shrank significantly to $3.9K in 2022. Overall, exports recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 with an increase of 21,310% against the previous year. As a result, the exports attained the peak of $6.6K, and then fell markedly in the following year.
Export of Piano in Colombia (USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Panama | 275 | 4.0 | 17.0 | 1,631 | 81.0% |
Guatemala | 86.0 | 2.0 | 149 | 1,595 | 164.7% |
Curacao | N/A | N/A | 4.0 | 650 | 16150.0% |
Aruba | 246 | 6.0 | 32.0 | 40.0 | -45.4% |
Ecuador | N/A | N/A | 4.0 | N/A | 0% |
Dominican Republic | 202 | 6.0 | 30.0 | N/A | -61.5% |
Kenya | N/A | 3.0 | N/A | N/A | 0% |
Chile | N/A | N/A | 367 | N/A | 0% |
Spain | 777 | N/A | N/A | N/A | 0% |
Costa Rica | 58.0 | 1.0 | 4,395 | N/A | 770.5% |
El Salvador | N/A | 9.0 | N/A | N/A | 0% |
Honduras | N/A | N/A | 4.0 | N/A | 0% |
Netherlands | 127 | N/A | N/A | N/A | 0% |
Others | 2,205 | N/A | 1,635 | N/A | -13.9% |
Total | 3,976 | 31.0 | 6,637 | 3,916 | -0.5% |
Top Export Markets for Piano from Colombia in 2022:
- Guatemala (3.0 units)
- Aruba (1.0 units)
- Panama (1.0 units)
- Curacao (1.0 units)
This report provides an in-depth analysis of the piano market in Colombia. 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)
- Prodcom 32201130 - Acoustic grand pianos (including automatic pianos)
- Prodcom 32201150 - Keyboard stringed instruments (including harpsichords, s pinets and clavichords)
Country coverage:
- Colombia
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Colombia
- 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
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- 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
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- 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- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- 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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- 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- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- 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
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
-
LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
This report provides an in-depth analysis of the piano market in Colombia.
This report provides an in-depth analysis of the grand piano market in Colombia.
This report provides an in-depth analysis of the upright piano market in Colombia.
This report provides an in-depth analysis of the keyboard stringed instrument market in Colombia.
This report provides an in-depth analysis of the non-cellular polyethylene film market in Colombia.
This report provides an in-depth analysis of the global piano market.
This report provides an in-depth analysis of the global grand piano market.
This report provides an in-depth analysis of the global upright piano market.
This report provides an in-depth analysis of the global keyboard stringed instrument market.
This report provides an in-depth analysis of the global non-cellular polyethylene film market.
In value terms, string musical instruments imports totaled $X in 2016. The total import value increased at an average annual rate of +X% over the period from 2007 to 2016; the trend pattern indic...
In value terms, wind musical instruments imports totaled $X in 2016. Overall, wind musical instruments imports continue to indicate a relatively flat trend pattern. Global wind musical instruments ...
In value terms, percussion musical instruments imports amounted to $X in 2016. Overall, percussion musical instruments imports continue to indicate a mild downturn. In that year, global percussion ...
In value terms, musical boxes, fairground and mechanical street organs imports stood at $X in 2016. Overall, musical boxes, fairground and mechanical street organs imports continue to indicate a pr...
In value terms, musical instrument parts imports amounted to $X in 2016. The total import value increased at an average annual rate of +X% over the period from 2007 to 2016; the trend pattern rem...
In value terms, string musical instruments exports stood at $X in 2016. Overall, it indicated a prominent growth from 2007 to 2016: the total exports value increased at an average annual rate of +X>
In value terms, wind musical instruments exports amounted to $X in 2016. In general, wind musical instruments exports continue to indicate a relatively flat trend pattern. Over the period under rev...
In value terms, percussion musical instruments exports totaled $X in 2016. Overall, percussion musical instruments exports continue to indicate a relatively flat trend pattern. Global percussion mu...
In value terms, musical boxes, fairground and mechanical street organs exports stood at $X in 2016. In general, musical boxes, fairground and mechanical street organs exports continue to indicate a...
In value terms, musical instrument parts exports amounted to $X in 2016. Overall, musical instrument parts exports continue to indicate a relatively flat trend pattern. Over the period under review...