Key Market Indicators
Revenue from Greek musical instruments is expected to reach €4.06 million by 2026, up 2.6% year on year on average. This growth follows a steady rise since 2015, when revenues increased 11.8% year on year. Exports of Greek musical instruments are projected to hit $2.6 million by 2026, up 3.4% year on year on average. This marks an increase of 24.9% since 1993. In 2021, Greece ranked 48th in exports, behind Estonia’s $2.1 million. Germany, the United States and Japan were ranked 2nd, 3rd and 4th respectively. Imports of Greek musical instruments are forecast to reach $8.9 million by 2026, down 3.8% year on year on average. This follows a decline of 2.9% since 1993. In 2021, Greece ranked 47th in imports, behind Iran’s $11.1 million. Germany, China and Japan were ranked 2nd, 3rd and 4th respectively.