Singapore Musical Instrument Industry Outlook 2022 - 2026

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

Key Market Indicators

Singaporean musical instrument import is poised to drop by 0.5% to $60 million by 2026, down from $61 million in 2021. Since 1994, demand has decreased at an average rate of 1.2% annually. In 2021, Singapore was ranked 26th, with Sweden overtaking it at $61 million. Germany, China and Japan followed as the 2nd, 3rd and 4th biggest players in the market. Meanwhile, Singapore's musical instrument export is forecast to decline 2.8% to $19 million by 2026, from $22 million in 2021. Since 1994, its supply has decreased by 7.1% on average each year. In 2021, Singapore was placed 23rd while Thailand came in at $22 million. Germany, the US and Japan were the 2nd, 3rd and 4th largest exporters respectively.

Singapore Musical Instrument Market Data and Forecasts

Singapore Musical Instrument : how will it grow in the coming years?

Forecast: Import of Percussion Musical Instruments to Singapore
Forecast: Import of Wind Musical Instruments to Singapore
Forecast: Import of Musical Instrument Strings to Singapore
Forecast: Export of Brass-Wind Instruments from Singapore
Forecast: Import of Wind Musical Instruments to Singapore
Forecast: Import of Percussion Musical Instruments to Singapore
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