China Musical Instrument Industry Outlook 2022 - 2026

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

Key Market Indicators

China is set to become the world's largest exporter and importer of musical instruments by 2026. Exports of Chinese musical instruments are expected to reach $1.9 billion by 2026, an increase of 1.4% per year from 2021. Since 1997, Chinese supply has grown by 1.9% annually. The United States, Germany and Japan were the second, third and fourth largest exporters of Chinese musical instruments respectively. Imports of Chinese musical instruments are expected to rise to $634 million by 2026, with an average annual growth rate of 3% from 2021. Since 1997, Chinese demand has grown by 7.2% every year. Germany, China and Japan were the second, third and fourth largest importers of Chinese musical instruments respectively.

China Musical Instrument Market Data and Forecasts

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