Key Market Indicators
Revenue from Finnish musical instruments is expected to reach nearly €7.51 million by 2026 - a 0.3% year-on-year growth rate on average. This is down from €7.4 million in 2021. Since 2015, the market has jumped 2% year-on-year. Finnish musical instrument exports are projected to reach $4,662,100 by 2026, a 2.8% year-on-year growth rate on average. This is up from $3,946,000 in 2021. Since 1993, the supply of musical instruments in Finland has jumped 17.7% on a yearly basis. In 2021, Finland ranked 40th in the world for musical instrument exports, with Lithuania ranked ahead at $3,946,000. Germany, the United States and Japan were respectively ranked 2nd, 3rd and 4th in this ranking. Finnish musical instrument imports are set to reach $44,578,000 by 2026, a 1.6% year-on-year CAGR. This is up from $40,493,000 in 2021. Since 1993, Finnish demand for musical instruments has jumped 4.6% year-on-year. In 2021, Finland ranked 32nd in the world for musical instrument imports, with Chile ranked ahead at $40,493,000. Germany, China and Japan were respectively ranked 2nd, 3rd and 4th in this ranking.
