In 2023, Germany led Europe in musical instrument exports, followed by the Netherlands and France, with values significantly higher than other countries. Remarkably, large growth was observed in Croatia, Greece, and Iceland, with year-on-year increases of 47.62%, 32.07%, and 41.14% respectively. Latvia and Lithuania also posted substantial growth, while France and Slovakia saw slight declines. The data indicates steady growth overall, with a trend towards diversification from traditional strongholds.
Looking ahead, watch for sustained upward trajectories from emerging exporters like Croatia and Greece, alongside potential market redistributions driven by the evolving European Union economic landscape and consumer demand shifts.
Top countries in Musical Instruments Exports by Country
| # | 10 Countries | Thousand Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 837,280 | 2023 | -11.95% | +6.07% | View data |
| 2 | 2 Netherlands | 471,550 | 2023 | +3.91% | +8.99% | View data |
| 3 | 3 France | 252,640 | 2023 | +0.72% | -0.17% | View data |
| 4 | 4 United Kingdom | 156,390 | 2023 | +3.36% | +5.83% | View data |
| 5 | 5 Italy | 154,570 | 2023 | +1.3% | +2.5% | View data |
| 6 | 6 Belgium | 113,780 | 2023 | -12.23% | +1.51% | View data |
| 7 | 7 Sweden | 96,440 | 2023 | +6.26% | +9.37% | View data |
| 8 | 8 Czech Republic | 81,020 | 2023 | +6.18% | +7.86% | View data |
| 9 | 9 Spain | 61,980 | 2023 | +4.29% | +11.23% | View data |
| 10 | 10 Poland | 47,070 | 2023 | +3.62% | +7.84% | View data |
