In 2023, Japan dominated the global export market for piano parts and accessories with a substantial 59.58% share. China followed with a 29.79% share, but experienced a slight decline of 1.95% year-on-year. Germany saw a modest growth of 1.24% while countries like Indonesia registered a significant drop of 32.28%. Strong growth was noted for Finland, Ireland, and Costa Rica, with Finland experiencing a 29.38% increase. Despite their smaller shares, Thailand, Tanzania, and Barbados showed remarkable growth rates, indicating potential emerging players in this niche market.
Future trends to watch include whether Japan and China's dominant positions will sustain in the face of emerging exporters. The impact of technological advancements on manufacturing efficiency and global supply chain dynamics could also influence export shares. Increased environmental regulations might also shift production and trade patterns in the industry.
Top countries in Export of Parts and Accessories for Pianos Share by Country (Kilograms)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Japan | 59.58 | 2023 | +2.9% | +3.46% | View data |
| 2 | 2 China | 29.79 | 2023 | -0.93% | -1.95% | View data |
| 3 | 3 Germany | 4.85 | 2023 | +2.4% | +1.24% | View data |
| 4 | 4 Czech Republic | 3.03 | 2023 | +0.93% | +2.59% | View data |
| 5 | 5 Indonesia | 1.75 | 2023 | -52.91% | -32.28% | View data |
| 6 | 6 Italy | 0.7 | 2023 | +3.58% | +5.84% | View data |
| 7 | 7 Portugal | 0.47 | 2023 | +4.13% | +3.6% | View data |
| 8 | 8 United Arab Emirates | 0.44 | 2023 | +5.9% | +5.01% | View data |
| 9 | 9 Poland | 0.41 | 2023 | +3.17% | -3.74% | View data |
| 10 | 10 United Kingdom | 0.4 | 2023 | +0.03% | +1.48% | View data |
