Key Market Indicators
Revenue from British musical instruments is expected to reach roughly €139.19 million by 2026, up from €126.9 million in 2021. Year on year, this marks an average growth rate of 1.6%. Since 2015, however, the market has seen a slight decline, averaging 0.4% year on year. Exports of British musical instruments are expected to reach $182.09 million by 2026, up from $159.87 million in 2021. Year on year, this marks a growth rate of 2.2%. Since 1998, the country's supply has increased 6.2% year on year, and it was ranked ninth in 2021. Malaysia was in the lead with $159.87 million, followed by Germany, the United States and Japan, respectively. Imports of British musical instruments are expected to reach $398.57 million by 2026, up from $378.84 million in 2021. Year on year, this marks an average growth rate of 0.9%. Since 1998, the country's demand has increased 1% year on year, and it was ranked sixth in 2021. France overtook with $378.84 million, followed by Germany, China and Japan, respectively.
The United Kingdom Musical Instrument Market Data and Forecasts
How much will the United Kingdom Musical Instrument Market grow to 2026?
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