Welcome to the Piano World Piano Forums
Over 2 million posts about pianos, digital pianos, and all types of keyboard instruments
Join the World's Largest Community of Piano Lovers (it's free)
It's Fun to Play the Piano ... Please Pass It On!

Gifts and supplies for the musician

the Forums & Piano World

Trying Something New with Search
(ad) The Best of Both Worlds
Yamaha Hybrid the Best of Both Worlds
(ad) Pianoteq
(ad) Pearl River
Pearl River Pianos
(ad) P B Guide
Acoustic & Digital Piano Guide
(ad) Lindeblad Piano
Lindeblad Piano Restoration
Who's Online
110 registered (angga888, AndrewJCW, Alkanaut, 36251, Anne H, 38 invisible), 1253 Guests and 16 Spiders online.
Key: Admin, Global Mod, Mod
(ad) Estonia Piano
Estonia Pianos
Quick Links to Useful Piano & Music Resources
Our Classified Ads
Find Piano Professionals-

*Piano Dealers - Piano Stores
*Piano Tuners
*Piano Teachers
*Piano Movers
*Piano Restorations
*Piano Manufacturers

Quick Links:
*Advertise On Piano World
*Free Piano Newsletter
*Online Piano Recitals
*Piano Recitals Index
*Piano & Music Accessories
*Live Piano Venues
*Music School Listings
* Buying a Piano
*Buying A Acoustic Piano
*Buying a Digital Piano
*Pianos for Sale
*Sell Your Piano
*How Old is My Piano?
*Piano Books
*Piano Art, Pictures, & Posters
*Directory/Site Map
*Virtual Piano
*Music Word Search
*Piano Screen Saver
*Piano Videos
*Virtual Piano Chords
Topic Options
#1988076 - 11/18/12 09:15 AM Industry figures for average price paid for a new grand?
pianoloverus Online   content
Yikes! 10000 Post Club Member

Registered: 05/29/01
Posts: 20571
Loc: New York City
What is the approximate average(or even better median)price paid for a new grand in the U.S. in 2012(or 2011)?

On a closely related note, in 2011 what were the approximate total sales for grand pianos in the U.S. and how many were sold?

If you have similar figures for verticals those would be interesting also.

Edited by pianoloverus (11/18/12 09:18 AM)

Hailun / Pearl River Pianos

Pearl River World's Best Selling Piano
#1988180 - 11/18/12 01:49 PM Re: Industry figures for average price paid for a new grand? [Re: pianoloverus]
Derulux Offline
5000 Post Club Member

Registered: 06/06/05
Posts: 5446
Loc: Philadelphia
I can't begin to say that I'm an expert on this. But I am going to guess that sales were sharply down from 2005, and sharply down from 10-20 years ago. The latest data I could find on any related topic was 2007.

Extrapolating from it, I would guess that there were between 14-18k new grand pianos sold, and 20-24k new vertical pianos sold.

I would guess the average cost of a new vertical around $3500, and the average cost of a new grand around $13,500. If you were wondering how I came up with my numbers: this puts the total market at $260-330M, which is the range I expect based on the only data I could find. Also figured around 40% grand-to-vertical ratio. (Was 44.5% on the data I could find, but I assumed it also decreased since 2007.)

Again, this is heavily extrapolated data based on guesstimates. I couldn't find any solid information, and I am not "in the industry" so-to-speak. But I hope it's a decent estimate.

Would definitely like to hear anyone on the "inside" comment. smile
Every day we are afforded a new chance. The problem with life is not that you run out of chances. In the end, what you run out of are days.

#1988195 - 11/18/12 02:57 PM Re: Industry figures for average price paid for a new grand? [Re: pianoloverus]
dsch Offline
Full Member

Registered: 09/17/08
Posts: 325
Loc: florida
There's a pie chart here:

professional/high-end: 8%
mid-range/semi-pro: 24%
entry level: 68%

This is interesting, too: claims that 73.6% of the world's piano output in 2007 was Chinese:

Edited by dsch (11/18/12 03:00 PM)


Moderator:  Ken Knapp, Piano World, Rickster 
Piano Acc. & Gift Items in
Piano World's Online Store
In PianoSupplies.com ,(a division of Piano World) our online store for piano and music gifts and accessories, party goods, tuning equipment, piano moving equipment, benches, lamps and more.

Free Shipping on Jansen Artist Piano Benches
(ad) Yamaha Stage Pianos
Yamaha CP4 & CP40 Stage Pianos
Ad (the Piano Store)
the Piano Store - Restored Steinway Pianos
(ads) PD - WNG - MH
Mason & Hamlin Piano Factory Tours
(ad 125) Sweetwater - Digital Keyboards & Other Gear
Digital Pianos at Sweetwater
(125ad) Dampp Chaser
Dampp Chaser Piano Life Saver
New Topics - Multiple Forums
Practicing gospel music - Jamal Hartwell's DVD.
by bgalbkatz
Today at 06:43 PM
Cleaning a VERY dusty Piano Lid
by NFexec
Today at 04:52 PM
Write musical scores on iPad (or Mac)?
by Eric NYC
Today at 01:10 PM
Any reasons, other than cost, NOT to go for a hybrid?
by barbaram
Today at 11:23 AM
Are today's concert ppianists boring?
by Steve Chandler
Today at 10:45 AM
What's Hot!!
Posting Pictures on the Forums
Forums Rules & Help
on Piano World

The world's most popular piano web site.
Forum Stats
80,981 Registered Members
44 Forums
167,394 Topics
2,453,172 Posts

Most users ever online: 15,252 @ 03/21/10 11:39 PM

Visit our online store for gifts for music lovers

Help keep the forums up and running with a donation, any amount is appreciated!
Or by becoming a Subscribing member! Thank-you.
Donate   Subscribe
Our Piano Related Classified Ads
Dealers | Tuners | Lessons | Movers | Restorations | Pianos For Sale | Sell Your Piano |

Advertise on Piano World
| Subscribe | Piano World | PianoSupplies.com | Advertise on Piano World | Donate | Link to Us | Classifieds |
| |Contact | Privacy | Legal | About Us | Site Map | Free Newsletter | Press Room |

copyright 1997 - 2015 Piano World ® all rights reserved
No part of this site may be reproduced without prior written permission