Key Market Indicators
Exports of musical instruments from Morocco are expected to reach around $25 million by 2026, down from $36.5 million in 2021. This represents a decrease of 6.3% year-on-year. Since 1998, exports of musical instruments from Morocco have dropped by 4.4% annually. In 2021, Morocco ranked 91st in the world, overtaken by Jamaica at $36.5 million. Germany, the US and Japan took the top three spots in this ranking. Imports of musical instruments to Morocco are set to reach $3 million by 2026, up from $2.7 million in 2021. This translates to a 1.9% year-on-year growth rate. Since 1998, imports of musical instruments to Morocco have increased 6.3% annually. In 2021, Morocco ranked 78th in the world, overtaken by Kuwait at $2.7 million. Germany, China and Japan held the top three spots in this ranking.
