The percentage growth in world import of
musical instruments is recorded as 13.40% ( US$ 38,807.5 million) for year
2003. United States, Germany, United Kingdom, France, China, Canada, and
Japan are major importing countries of musical instruments. Countries
with steep growth in musical instruments import are: United
Kingdom (71.28%), China (31.76%), Singapore (25.37%), and
UPDATED DATA REQUIRED
The percentage growth in world export of musical instruments is
recorded as 16.09% ( US$38,966.8 million ) in 2003. Major export countries
of musical instruments are: United States, Germany, Japan, Netherlands,
Singapore, Ireland, United Kingdom, China, and France. The growth in
musical instrument export for some countries is: USA (2.83%),
Germany (16.91%), Japan (16.92%), UK (2.44%), China (37.61%),
Germany : consists of 68
small and medium-sized musical instrument companies, which depend
heavily on musical instrument exports 62.2% of production is
exported. Total sales of EUR 413.2 million was recorded in 2004. Musical
instruments worth EUR 234.1 million were imported in Germany. Japan,
China and US are main importers of Germany.
United States : consists of around 550 musical
instrument manufacturing companies. The total annual revenue is
US$2billion, with 50 biggest companies holding more than 80% of the
total market. Major products are string instruments, which account for
20% of the market. Woodwind instruments account for 10% of the market.
In 2006, export revenue was recorded as whooping $558,271,000 and import
revenue was recorded as $599,756,000.
China :Musical instrument industry grew rapidly in
2003 setting an unprecedented record of 3.59 million units, with
percussion instruments, wind instruments, accordions and mouth organs
making a total of 1.00 million units. Stringed instruments(Y5.8
billion), wind instruments(Y5.2 billion), electric and electronic
instruments (Y13.2 billion) constituted 78.9% of total musical
instrument export in 2003.