Key Market Indicators
Revenue from Romanian musical instruments is predicted to reach nearly €20 Million by 2026, a 1.2% year-on-year growth on average since 2015. Exports are forecast to rise 1.6% annually to $18.99 Million in the same period, having grown 3.3% year-on-year since 1994. Meanwhile, imports are expected to grow 2.9% year-on-year to $30.89 Million by 2026, having increased 7.8% since 1994. In 2021, Romania ranked 28th in exports, 36th in imports and was outranked by Panama, Germany, the United States, Japan, Ireland and China respectively in exports, imports and overall rankings.
