In 2023, Germany led European musical instrument imports with a 23.39% share. France, Netherlands, and the United Kingdom followed with 14.77%, 11.18%, and 10.34% respectively. Despite declines in Norway and Macedonia, most countries experienced increases, notably Lithuania with 17.69% and Cyprus with 16.64% growth. Over the past five years, the market has seen a gradual increase, reflecting diverse growth trends across countries.
Future trends to watch in European musical instrument imports include:
- Enhanced market shares in emerging Eastern European markets.
- Potential recovery and growth in countries like Norway and Macedonia.
- Continued innovation and sustainability-driven imports across Europe.
Top countries in Musical Instruments Imports Share by Country (Thousand Euros)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 23.39 | 2023 | -6.11% | +4.49% | View data |
| 2 | 2 France | 14.77 | 2023 | +4.34% | +6.48% | View data |
| 3 | 3 Netherlands | 11.18 | 2023 | +2.36% | +9.08% | View data |
| 4 | 4 United Kingdom | 10.34 | 2023 | +1.4% | +2.38% | View data |
| 5 | 5 Spain | 5 | 2023 | +1.94% | +4.87% | View data |
| 6 | 6 Italy | 4.77 | 2023 | -0.5% | +5.56% | View data |
| 7 | 7 Belgium | 3.86 | 2023 | -8.55% | +0.57% | View data |
| 8 | 8 Switzerland | 3.5 | 2023 | +1.26% | +5.96% | View data |
| 9 | 9 Austria | 3.26 | 2023 | +28.35% | +3.65% | View data |
| 10 | 10 Sweden | 2.65 | 2023 | +3.11% | +8.52% | View data |
