Key Market Indicators
Revenue from Austrian musical instruments is expected to reach almost €88 million by 2026, up from €82.4 million in 2021. This is an average increase of 1.1% year-on-year. Since 2015, the market has seen a 1.1% year-on-year growth. Export of Austrian musical instruments is estimated to reach $30.7 million in 2026, a slight decrease of 0.2% year-on-year from $30.9 million in 2021. Since 1999, there has been a 1.1% decrease annually. In 2021, Austria ranked 20th, with Poland ahead on $30.9 million. Germany, the United States and Japan ranked 2nd, 3rd and 4th respectively. Import of Austrian musical instruments is forecast to reach $130.5 million in 2026, up 2% year-on-year from $116.1 million in 2021. Since 1999, demand has grown by 0.8% year-on-year. In 2021, Belgium topped the rankings with $116.1 million, with Germany, China and Japan coming in at 2nd, 3rd and 4th respectively.
