Key Market Indicators
Revenue from Swedish musical instrument sales is set to reach €50.8 million by 2026, up from €45.2 million in 2021. This amounts to an average year-on-year growth rate of 2%. Since 2015, the Swedish market has seen a growth rate of 4.1% year on year. Imports of musical instruments into Sweden are expected to reach $65 million by 2026, up from $61.9 million in 2021. This amounts to an average year-on-year growth rate of 0.9%. Since 1997, imports of musical instruments into Sweden have increased by 4.9% year on year. India is the leading importer, followed by Germany, China and Japan. Exports of musical instruments from Sweden are set to reach $89.7 million by 2026, up from $76.4 million in 2021. This amounts to an average year-on-year growth rate of 2.7%. Since 1997, exports of musical instruments from Sweden have grown by 8.9% year on year. Canada is the top exporter, followed by Germany, the United States and Japan.
