Key Market Indicators
Cypriot music revenue and expenditure have seen a significant downturn in the past few years. In 2021, music revenue in Cyprus was down 100% compared to the year before, setting it at €0 million. The country ranked 33rd in the world, while Bosnia and Herzegovina was ahead at €0 million. The United Kingdom, France and Sweden followed closely in the rankings. Meanwhile, music expenditure in Cyprus is set to reach €970.99 million by 2026. In 2021, it stood at €877.41 million, a 0.5% yearly increase. Since 2000, Cypriot demand has decreased by 1.5% year on year. The country was placed 32nd in the rankings, with Luxembourg overtaking it at €877.41 million. Germany, France and Italy were the top three in the rankings.
Cyprus Music Market Data and Forecasts
How much will Cyprus Music Market grow?
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