Germany dominates the European export market for accordions and similar instruments, with a significant lead holding 50.88% of the share in units. However, Germany's share decreased slightly by 1.88% in 2023. The Netherlands follows with 31.22%, showing robust growth of 15.85% year-on-year. Belgium stands third but experienced a notable decline of 13.47%. Other countries like the United Kingdom, Spain, and Denmark also saw reductions in their shares.
Key growth drivers include Poland's sharp increase of 39.89% and exceptional growth rates observed in Greece and Portugal at 151.82% and 86.88%, respectively. In contrast, Romania saw a substantial decline of 28.89%. Over the past five years, the overall export market showed varying annual growth rates, depending heavily on each country's specific economic and industrial conditions.
Future trends to watch include:
- The potential for further growth in the Netherlands if current trends continue.
- The impact of technological advancements on instrument distribution and production.
- Possibilities for new markets to emerge or expand within Eastern European countries.
Top countries in Export of Accordions and Similar Instruments, Mouth Organs Share by Country (Units (Items))
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 50.88 | 2023 | -4.09% | -1.88% | View data |
| 2 | 2 Netherlands | 31.22 | 2023 | +5.89% | +15.85% | View data |
| 3 | 3 Belgium | 15.4 | 2023 | -0.79% | -13.47% | View data |
| 4 | 4 United Kingdom | 6.18 | 2023 | +2.4% | -2.5% | View data |
| 5 | 5 Spain | 5.33 | 2023 | +2.01% | -8.44% | View data |
| 6 | 6 Denmark | 1.98 | 2023 | +0.029% | -15% | View data |
| 7 | 7 Slovakia | 0.96 | 2023 | +1.47% | -13.82% | View data |
| 8 | 8 Sweden | 0.95 | 2023 | +8.31% | +12.24% | View data |
| 9 | 9 Croatia | 0.7 | 2023 | -1.37% | -5.87% | View data |
| 10 | 10 Poland | 0.68 | 2023 | +6.22% | +39.89% | View data |
