Key Market Indicators
Thai imports and exports of musical instruments are set to grow slowly over the next five years. In 2021, Thai imports of musical instruments reached $48 million and exports hit $23 million. This is an increase of 1.8% and 1.1% year-on-year, respectively. Norway was the top importer, with $48 million, followed by Germany, China, and Japan. Switzerland was the top exporter, with $23 million, followed by Germany, the United States, and Japan. By 2026, imports are expected to reach approximately $51 million and exports $24 million. This marks a 1% increase in imports and 0.7% in exports, year-on-year, on average.
