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!

SEARCH
the Forums & Piano World

This custom search works much better than the built in one and allows searching older posts.
(ad 125) Sweetwater - Digital Keyboards & Other Gear
Digital Pianos at Sweetwater
(ad) Pearl River
Pearl River Pianos
(ad) Pianoteq
Latest Pianoteq add-on instrument: U4 upright piano
(ad) P B Guide
Acoustic & Digital Piano Guide
PianoSupplies.com (150)
Piano Accessories Music Related Gifts Piano Tuning Equipment Piano Moving Equipment
We now offer Gift Certificates in our online store!
(ad) Estonia Piano
Estonia Piano
Quick Links to Useful Stuff
Our Classified Ads
Find Piano Professionals-

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

Quick Links:
*Advertise On Piano World
*Free Piano Newsletter
*Online Piano Recitals
*Piano Recitals Index
*Piano Accessories
* 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
*Contest
*Links
*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 Offline
Yikes! 10000 Post Club Member

Registered: 05/29/01
Posts: 19225
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)

Top
(ads 568) Hailun Pianos

#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: 5282
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.

Top
#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:
http://www.mmrmagazine.com/2490/archives/march-2011/survey-piano-keyboard-market/

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:
http://goarticles.com/article/Status-of-international-and-domestic-piano-industry/2755241/


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

Top

Moderator:  Ken Knapp, Piano World, Rickster 
What's Hot!!
Our latest Issue is available now...
Piano News - Interesting & Fun Piano Related Newsletter! (free)
-------------------
HOW TO POST PICTURES on the Piano Forums
-------------------
Sharing is Caring!
About the Buttons
-------------------
Forums Rules & Help
-------------------
ADVERTISE
on Piano World

The world's most popular piano web site.
(ad) HAILUN Pianos
Hailun Pianos - Click for More
Ad (Seiler/Knabe)
Knabe Pianos
Sheet Music
(PW is an affiliate)
Sheet Music Plus Featured Sale
(125ad) Dampp Chaser
Dampp Chaser Piano Life Saver
(ad) Lindeblad Piano
Lindeblad Piano Restoration
Who's Online
59 registered (Atrys, AZNpiano, ando, AndrewJCW, BarryDMD, 12 invisible), 1197 Guests and 19 Spiders online.
Key: Admin, Global Mod, Mod
Forum Stats
75522 Members
42 Forums
156178 Topics
2293517 Posts

Max Online: 15252 @ 03/21/10 11:39 PM
New Topics - Multiple Forums
Which Would you Choose?
by Semolina Pilchard
Today at 04:32 AM
Advice for learning composition and arrangement
by ttttcrngyblflpp
Today at 03:18 AM
Broadway medley
by cheni
Today at 02:10 AM
I'm Back!!
by warlock214
Today at 12:52 AM
Ex-Veteran wants to return, is it possible ?
by Spektre
Today at 12:45 AM
(ads by Google)

Visit our online store for gifts for music lovers

 
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 - 2014 Piano World ® all rights reserved
No part of this site may be reproduced without prior written permission