Key Market Indicators
Revenue from Portuguese music is expected to reach about €46 million by 2026, up from €44 million in 2021. This represents an average yearly growth rate of 0.8%. Since 2013, the Portuguese music market has grown by 8.8% annually. Portugal ranked 18th in 2021, with Romania surpassing it at €44 million. The United Kingdom, France and Sweden were the second, third and fourth largest markets respectively. Expenditure on Portuguese music is expected to reach €7.1 billion by 2026, down slightly from €6.7 billion in 2021. This represents a yearly average decline of 0.1%. Since 2000, demand for Portuguese music has dropped by 1.2% annually. Portugal was 17th in 2021, with the Czech Republic leading at €6.7 billion. Germany, France and Italy were the second, third and fourth largest markets respectively.
Portugal Music Market Data and Forecasts
How much will Portugal Music Market grow to 2026?
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