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Estonia Musical Instrument Industry Outlook 2022 - 2026

See how Estonia Musical Instrument performed compared to key markets such as the United States, Germany and China.

Key Market Indicators

Estonia's musical instrument imports and exports are expected to grow in the coming years. By 2026, Estonian musical instrument imports are forecast to reach $8.6 million, up 2.4% from 2021. Since 2000, Estonian demand has grown annually by 7.5%. In 2021, Estonia ranked 55th, with Lithuania just ahead at $7.4 million. Germany, China and Japan were the second, third and fourth largest importers, respectively. Exports of musical instruments from Estonia are expected to reach $2 million by 2026, down 1.9% from 2021. Since 2000, Estonian supplies have decreased by 2.8% year-on-year. In 2021, the country was 47th, with Nepal overtaking at $2.2 million. Germany, the United States and Japan were second, third and fourth in the ranking, respectively.

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Estonia Musical Instrument Market Data and Forecasts