# Global Grand piano Market 2026

> World exports of grand piano (HS 920120) reached $403.8 million in 2024, 1% less than in 2019. Japan was the largest exporter with 33% of the world total, and the United States was the largest buyer.

- Publisher: Stratum Market Research
- Page: https://stratummarketresearch.com/reports/grand-piano-market/
- Sector: Consumer, Food & Retail
- Scope: Global
- Updated: 2026-11-09
- Headline figure: 403.8 USD million (World exports, 2024)

## What this market covers

Grand pianos of all sizes, from baby grands to concert grands.

Segments: Baby grands, Parlour grands, Concert grands.

Typical buyers: Concert halls, Music schools, Piano dealers.

## Key figures

| Figure | Value | Year |
|---|---|---|
| World exports of grand piano (HS 920120) were worth $403.8 million in 2024. | 403.8 USD million | 2024 |
| World exports were 1% lower in 2024 than in 2019 ($406.1 million), calculated from the annual totals. | -1 % since 2019 | 2024 |
| Japan was the largest exporter in 2024, with 33% of world exports ($131.9 million). | 33 % of world exports | 2024 |
| The three largest exporters, Japan, Germany and Indonesia, shipped 72% of world exports in 2024. | 72 % of world exports | 2024 |
| The United States was the largest importer in 2024, buying $79.3 million, or 20% of world imports. | 20 % of world imports | 2024 |
| 21 countries exported more than $1 million of this product in 2024. | 21 countries | 2024 |
| The average world export price was about $40.39 per kilogram in 2024, calculated from value and weight. | 40.39 USD per kg | 2024 |
| Countries exported 10.0 thousand tonnes of this product in 2024. | 10.0 thousand tonnes | 2024 |
| Among the ten largest exporters, Austria grew fastest, with exports up 62% from 2019 to 2024. | +62 % since 2019 | 2024 |

## Why this market is moving now

- World trade shrank 1% from 2019 to 2024, a direct read on cross-border demand.
- Austria is gaining ground: its exports rose 62% from 2019 to 2024, the fastest among the ten largest exporters.

## Largest exporting countries, 2024

| Rank | Country | Value (USD million) |
|---|---|---|
| 1 | Japan | 131.9 |
| 2 | Germany | 120.1 |
| 3 | Indonesia | 37.1 |
| 4 | United States | 21.7 |
| 5 | Austria | 16.0 |
| 6 | China | 16.0 |
| 7 | Italy | 13.7 |
| 8 | United Kingdom | 6.4 |
| 9 | France | 5.8 |
| 10 | Czech Republic | 5.1 |

## Largest importing countries, 2024

| Rank | Country | Value (USD million) |
|---|---|---|
| 1 | United States | 79.3 |
| 2 | China | 61.9 |
| 3 | Germany | 28.3 |
| 4 | France | 18.3 |
| 5 | Canada | 17.6 |
| 6 | United Kingdom | 14.7 |
| 7 | Japan | 13.8 |
| 8 | United Arab Emirates | 12.1 |
| 9 | Italy | 11.2 |
| 10 | South Korea | 10.5 |

## World exports of HS 920120, USD million

| Year | Value |
|---|---|
| 2017 | 347.5 |
| 2018 | 385.0 |
| 2019 | 406.1 |
| 2020 | 362.2 |
| 2021 | 476.0 |
| 2022 | 482.1 |
| 2023 | 509.2 |
| 2024 | 403.8 |

## Questions and answers

### How big is the global grand piano market?

There is no single official market total. World exports of HS 920120 reached $403.8 million in 2024, a direct measure of cross-border trade.

### Which countries export the most grand piano?

Japan led world exports in 2024 with 33% of the total, followed by Germany, Indonesia and the United States.

### Which countries import the most grand piano?

The United States was the largest importer in 2024, followed by China, Germany and France.

### Is world trade in grand piano growing?

World exports were 1% lower in 2024 than in 2019.

### What is the average export price of grand piano?

Dividing world export value by weight gives about $40.39 per kilogram in 2024.

## Editions

- **Data pack**: $1,450, delivered in 2 working days. Every figure behind the report in one Excel workbook, plus a chart pack and 12 months of updates.
- **Full report**: $3,450, delivered in 5 working days. The complete written report for one user: sizing model, five-year outlook, company profiles and the full data pack, with analyst Q&A for 90 days.
- **Team licence**: $4,950, delivered in 5 working days. The full report for up to 10 people in one organisation, with a 45-minute walkthrough with the analyst and a custom cut of the data.

Free sample: https://stratummarketresearch.com/contact/?report=grand-piano-market#sample  
Questions: info@stratummarketresearch.com or https://stratummarketresearch.com/ask/

## How to cite

Stratum Market Research, "Global Grand piano Market 2026", updated 9 Nov 2026, https://stratummarketresearch.com/reports/grand-piano-market/