Key Market Indicators
Revenue from Portuguese musical instruments is set to reach €7.51 Million by 2026, growing 2% year on year on average. Since 2015, the market has seen an increase of 4.4% annually. Portuguese imports are expected to reach $47.47 Million by 2026, with an annual growth of 2.3%. Since 1993, demand has risen 5.2% year on year, making Portugal the 30th largest importer in 2021. Exports of Portuguese musical instruments are predicted to reach $12.63 Million by 2026, with an average annual increase of 3.1%. Since 1993, exports have risen 16% year on year, placing Portugal in 29th spot in 2021. Thailand, Germany, China, Japan, the United States and Romania are the top six importers and exporters respectively.
