Key Market Indicators
New Zealand's musical instrument imports are expected to reach $26 million by 2026, up 1.1% annually from $25 million in 2021. Since 1994, demand has grown 2.2% a year. In 2021, it ranked 37th. Romania came ahead of New Zealand with $25 million. Germany, China and Japan came in at 2nd, 3rd and 4th respectively. New Zealand's musical instrument exports are predicted to reach $1.4 million by 2026, up 0.6% a year from $1.3 million in 2021. Since 1994, supply has decreased 3.2% each year. In 2021, it was 52nd. Peru overtook New Zealand with $1.3 million. Germany, the US and Japan were at 2nd, 3rd and 4th place respectively.