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Ukraine Musical Instrument Industry Outlook 2022 - 2026

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

Key Market Indicators

Demand for musical instruments in Ukraine is expected to reach $10.5 million by 2026, up 1.7% annually from 2021. This follows an 11.1% increase since 2001. In 2021, Ukraine ranked 50th, just behind Hungary with a total of $9.5 million. Germany, China and Japan ranked second, third and fourth respectively. Meanwhile, Ukrainian exports of musical instruments are forecast to reach $404,000 by 2026, a decrease of 1.6% annually from 2021. This follows a 0.1% increase since 2001. In 2021, Ukraine ranked 63rd, just behind Kuwait with a total of $443,000. Germany, the US and Japan ranked second, third and fourth respectively.

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Ukraine Musical Instrument Market Data and Forecasts

How much will Ukraine Musical Instrument Market grow to 2026?

Forecast: Import of Percussion Musical Instruments to Ukraine
Forecast: Import of Musical Instrument Strings to Ukraine
Forecast: Export of Brass-Wind Instruments from Ukraine
More in Musical Instrument Industry for 2028