Key Market Indicators
Revenue from musical instruments in Norway is set to remain steady at €3.19 million by 2026, down 0.7% year-on-year on average since 2015. Imports are expected to reach $52.98 million by 2026, growing 0.5% year-on-year since 1998. In 2021, Norway came in at 28th in the global ranking of imports, with Denmark in first place at $51.31 million. Germany, China and Japan followed in second, third and fourth place respectively. Exports of musical instruments from Norway are set to decline to $982,910 by 2026, falling 2% year-on-year since 1998. In 2021, Norway was 56th in the global ranking of exports, with Colombia in first place at $1.11 million. Germany, the United States and Japan followed in second, third and fourth place respectively.