Key Market Indicators
In 2021, it stood at $194,610. The country was number 140 in 2021, rising from number 143 in 2015. Bermudian demand for musical instruments is set to decline 1.9% year on year to reach $242,730 by 2026. In 2021, the country's imports totaled $272,300, putting it in 117th place in the global ranking, overtaken by Brunei. Germany, China and Japan held the top three spots. In 2021, Bermudian Musical Instrument Export stood at $194,610, a remarkable 512% increase from $6,240 in 2017. This saw the country climb to 140th spot in the global ranking, up from 143rd in 2015.
