Key Market Indicators
Revenue from musical instruments in Germany is projected to reach nearly €1 billion by 2026, up 1.9% year on year on average. This follows a 4.3% increase since 2013. Imports of musical instruments to Germany are expected to reach $834.8 million by 2026, a 1.6% year on year growth. Demand has been on the rise since 1996, with a 3.1% increase year on year. In 2021, the US was the top exporter at $761.5 million, while Germany, China and Japan followed. Exports of musical instruments from Germany are estimated to reach $861.5 million by 2026, a 1.5% year on year growth. Supply has risen 4.7% since 1996. In 2021, China was the top importer at $786.3 million, with Germany, the US and Japan following.