The United Kingdom leads the European export market for acoustic new upright pianos, accounting for nearly 35% of exports. Germany and Czechia follow with 19.67% and 14.04%, respectively. In 2023, the UK saw a decline of 10.17%, whereas Germany and the Netherlands experienced smaller decreases. Notably, Spain and Hungary experienced significant growth, with increases of 142.52% and 93.32% respectively. Belgium also showed a strong increase of 29.04%. Despite minor declines, Austria and Lithuania saw moderate growth, while countries like Sweden and Slovakia observed considerable decreases.
Future trends suggest an upsurge in smaller markets with substantial growth rates, such as Denmark, Lithuania, and Bulgaria. The UK's market share might continue to recede amidst robust competition and emerging exporters. A focus on sustainment and quality will be critical for maintaining competitiveness against growing markets that are rapidly increasing their output.
Top countries in Export of Acoustic New Upright Pianos Share by Country (Units (Items))
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 United Kingdom | 34.99 | 2023 | -1.78% | -10.17% | View data |
| 2 | 2 Germany | 19.67 | 2023 | -8.66% | -1.81% | View data |
| 3 | 3 Czechia | 14.04 | 2023 | |||
| 4 | 4 Netherlands | 9.43 | 2023 | +5.27% | -7.49% | View data |
| 5 | 5 France | 8.8 | 2023 | +4.76% | -3.27% | View data |
| 6 | 6 Belgium | 5.1 | 2023 | +36.58% | +29.04% | View data |
| 7 | 7 Spain | 5.01 | 2023 | +3.2% | +142.52% | View data |
| 8 | 8 Poland | 4.68 | 2023 | +1.82% | +0.81% | View data |
| 9 | 9 Slovakia | 1.18 | 2023 | +5.32% | -19.29% | View data |
| 10 | 10 Austria | 0.95 | 2023 | +0.63% | +8.04% | View data |
