Forecast: Import of Wind Musical Instruments to China

In 2023, the import value of wind musical instruments to China was estimated to be lower than the forecasted values starting from 2024. The forecast data shows a steady year-on-year increase in import value from $28.765 million in 2024 to $33.285 million in 2028. This represents an average annual growth rate, as expressed by the Compound Annual Growth Rate (CAGR), indicating a consistent upward trend.

Future trends to watch for include:

  • Increasing domestic interest in cultural enrichment encouraging higher imports.
  • The potential impact of global supply chain dynamics on import volumes.
  • The potential influence of trade policies and bilateral agreements affecting market access.

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