Key Market Indicators
Singapore's export of works of art is set to grow 2.6% year on year, reaching $468 million by 2026. This is up from $401 million in 2021, when Singapore came in at number seven in the world rankings. United Arab Emirates overtook Singapore that year, coming in at number six with $401 million. The United Kingdom, Switzerland and France were numbers two, three and four respectively. Meanwhile, Singapore's import of works of art is expected to reach $521 million by 2026, a year-on-year growth of 2.3%. This is up from $453 million in 2021, when Singapore ranked eighth in the world rankings. Japan was ahead of Singapore at number seven with $453 million. The United Kingdom, Switzerland and United Arab Emirates were numbers two, three and four respectively.
Singapore Art Market Data and Forecasts
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