In 2023, the largest importers of musical instruments in Europe were Germany (€759.05M), France (€479.49M), and the Netherlands (€362.92M), with Germany and France showing year-on-year growths of 4.49% and 6.48% respectively. Noticeable growth was also seen in smaller markets like Lithuania (17.69%), Croatia (12.85%), and Slovenia (10.86%). On the other hand, a few countries like Norway (-0.71%), Macedonia (-0.31%), and Kosovo (-1.9%) exhibited negative growth.
Future trends to watch for include the growing imports in Eastern European countries like Romania and Croatia, and the continued expansion in Lithuania and Cyprus. Special attention should be paid to the effects of economic fluctuations, digitalization in music, and potential supply chain disruptions impacting these trends.
Top countries in Musical Instruments Imports by Country
| # | 10 Countries | Thousand Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 759,050 | 2023 | -6.11% | +4.49% | View data |
| 2 | 2 France | 479,490 | 2023 | +4.34% | +6.48% | View data |
| 3 | 3 Netherlands | 362,920 | 2023 | +2.36% | +9.08% | View data |
| 4 | 4 United Kingdom | 335,530 | 2023 | +1.4% | +2.38% | View data |
| 5 | 5 Spain | 162,430 | 2023 | +1.94% | +4.87% | View data |
| 6 | 6 Italy | 154,950 | 2023 | -0.5% | +5.56% | View data |
| 7 | 7 Belgium | 125,360 | 2023 | -8.55% | +0.57% | View data |
| 8 | 8 Switzerland | 113,500 | 2023 | +1.26% | +5.96% | View data |
| 9 | 9 Austria | 105,840 | 2023 | +28.35% | +3.65% | View data |
| 10 | 10 Sweden | 85,900 | 2023 | +3.11% | +8.52% | View data |
