Key Market Indicators
Chile's musical instrument exports are set to drop from $5.9 million in 2021 to $4.9 million by 2026, a 2.9% year-on-year decrease. Since 1995, the country has seen a 5.2% year-on-year decrease in supply. Chile ranked number 34 in 2021, with Hungary ahead at $5.9 million. Germany, the United States and Japan ranked numbers 2, 3 and 4 respectively. Chile's musical instrument imports are set to grow from $41 million in 2021 to $43 million by 2026, with a 0.9% year-on-year average increase. Since 1995, the country has seen a 1.2% year-on-year increase in demand. Chile was number 31 in 2021, with Portugal ahead at $41 million. Germany, China and Japan ranked numbers 2, 3 and 4 respectively.