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Belize Musical Instrument Industry Outlook 2022 - 2026

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

Key Market Indicators

Belize's musical instrument exports are expected to drop 1% annually through 2026, from $1,130 in 2021, to reach $1,070. Since 1998, export supplies have decreased 17.6% year on year. Belize ranked 114th in 2021, behind Cambodia at $1,130. Germany, the U.S. and Japan placed 2nd, 3rd and 4th respectively in this ranking. Meanwhile, Belize's musical instrument imports are projected to grow 1.9% annually through 2026, from $331,250 in 2021, to reach $370,620. Since 1997, demand has gone down 0.7% each year. Belize ranked 115th in 2021, trailing Greenland at $331,250. Germany, China and Japan placed 2nd, 3rd and 4th respectively in this ranking.

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Belize Musical Instrument Market Data and Forecasts