Key Market Indicators
Ethiopia's musical instrument imports are expected to reach around $4.2 million by 2026, growing by an average of 2.9% year-on-year since 2000. In 2021, Ethiopia ranked 70th, with Nigeria overtaking it with $3.6 million. Germany, China and Japan came in 2nd, 3rd and 4th in this ranking. Meanwhile, exports of musical instruments from Ethiopia are estimated to reach $15,220 by 2026, a decrease of 22.8% year-on-year since 2007. Ethiopia ranked 88th in 2021, with Senegal overtaking it with $63,170. Germany, the US and Japan were ranked 2nd, 3rd and 4th.
