Key Market Indicators
Peru's musical instrument imports are projected to reach around $28 million by 2026, up by 2.4% per year on average since 2021. In 2021, Peru ranked 38th out of the countries analysed, with imports totaling $25 million. New Zealand was ahead of Peru, with imports reaching $24.7 million. Germany, China, and Japan took the second, third, and fourth positions respectively. Peru's musical instrument exports are predicted to reach around $1.7 million by 2026, growing at a rate of 1.8% per year since 2021. In 2021, Peru was ranked 51st among the countries analysed, with exports of $1.6 million. Croatia surpassed Peru, with exports reaching $1.6 million. Germany, the United States, and Japan took the second, third, and fourth spots respectively.
