Musical Instrument Market

Musical instrument market: discover recently published facts and figures enhanced by an Ai-driven BI platform. Facts and figures include market size, production, exports, imports, companies, trade, consumption, and market prices. Here is a breakdown by region, including Russia, the U.S., Africa, EU, the Middle East, the U.K., Latin America, and China. Market trends and outlook to 2030 are also provided in the snapshots.


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Musical Instrument - World's Largest Markets

RatingCountry
1United States

Musical Instrument Prices

Lowest Prices - FOB - Top Exporters

COUNTRY201820192020CAGR,
2018-2020
USD per ton
United States3219532637350704.4%
Average3219532637350704.4%

As there is only one major export destination, the average price level is determined by prices for the United States.

From 2018 to 2020, the rate of growth in terms of prices for the United States amounted to +4.4% per year.

Highest Prices - CIF - Top Importers

COUNTRY201820192020CAGR,
2018-2020
USD per ton
United States170501757816410-1.9%
Average170501757816410-1.9%

As there is only one major supplying country, the average price level is determined by prices for the United States.

From 2018 to 2020, the rate of growth in terms of prices for the United States amounted to -1.9% per year.

Musical Instrument - Top Importers

COUNTRY201820192020CAGR,
2018-2020
billion USD
United States1.41.51.2-5.7%

Musical Instrument - Top Exporters

COUNTRY201820192020CAGR,
2018-2020
million USD
United States761807701-4.0%

Musical Instrument - Market Forecast

Driven by rising demand for musical instrument worldwide, the market is expected to start an upward consumption trend over the next decade. The performance of the market is forecast to increase slightly, with an anticipated CAGR of for the period from 2020 to 2030, which is projected to bring the market volume to by the end of 2030.

Musical Instrument - Product Coverage

  • HS n339992 - Musical Instruments
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