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Bolivia Musical Instrument Industry Outlook 2022 - 2026

See how Bolivia Musical Instrument performed compared to key markets such as China, Germany and the United States.

Key Market Indicators

Bolivian musical instrument exports are expected to decrease from $68,280 in 2021 to around $49,000 by 2026, a drop of 5.6% each year on average. Since 1997, exports have declined by 6.3% annually. Bolivia was 84th in the world in 2021, overtaken by Ecuador at $68,280. Germany, the US and Japan respectively ranked second, third and fourth. Bolivian musical instrument imports, however, are set to rise from $3,773,100 in 2021 to approximately $4,307,200 by 2026, an increase of 2.2% each year on average. Since 1997, imports have grown by 3.2% each year. In 2021, Bolivia was 68th in the world, overtaken by Serbia at $3,773,100. Germany, China and Japan were respectively second, third and fourth.

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Bolivia Musical Instrument Market Data and Forecasts

How much will Bolivia Musical Instrument Market grow to 2026?

Forecast: Import of Brass-Wind Instruments to Bolivia
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