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Canada Musical Instrument Industry Outlook 2022 - 2026

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

Key Market Indicators

Imports of musical instruments into Canada are expected to reach $229 million by 2026, up 0.4% a year from 2021's $223 million. Since 1994, Canadian demand has grown by 2.4% annually. Canada was the seventh-largest importer in 2021, with the United Kingdom topping the list at $223 million. Germany, China and Japan followed in second, third and fourth places. Exports of musical instruments from Canada are predicted to hit $82 million by 2026, a 0.6% annual increase from 2021's $79 million. Canadian supply has grown by 1.2% year on year since 1994. In 2021, Canada was the thirteenth-largest exporter, with South Korea taking the lead at $79 million. Germany, the United States and Japan were in second, third and fourth spots respectively.

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Canada Musical Instrument Market Data and Forecasts

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