Piano Market Overview in Hungary
The revenue of the piano market in Hungary amounted to $ in 2018, waning by -% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). In general, piano consumption continues to indicate a drastic drop. The growth pace was the most rapid in 2014 when the market value increased by % y-o-y. Over the period under review, the piano market hit record highs at $ in 2008; however, from 2009 to 2018, consumption stood at a somewhat lower figure.