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Italy Musical Instrument Industry Outlook 2022 - 2026

See how Italy Musical Instrument performed compared to key markets.

Key Market Indicators

Revenue from Italian musical instruments is projected to reach €141.5 million by 2026, down 0.8% from 2021's total of €145.4 million. Since 2013, the Italian market has decreased by 1.3% year on year. On the other hand, imports are set to drop 0.5% to $134.8 million in 2026 from $139 million in 2021. Italy was ranked 13th in 2021, with Australia overtaking at $139 million. Germany, China, and Japan were the next three countries in the ranking. Exports are forecast to grow 0.1% to $156.9 million by 2026, up from $155.9 million in 2021. Since 1999, Italian supply has increased by 2.4% year on year. In 2021, the UK overtook Italy in exports, with $155.9 million. Germany, the US, and Japan were the next three countries in the ranking.

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Italy Musical Instrument Market Data and Forecasts

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