Key Market Indicators
Uruguay’s art exports are expected to surge to nearly $2.3 million by 2026. This is a 1.9% growth year-on-year since 2021, when exports were valued at $1.96 million. Since 1999, Uruguay’s total art exports have risen by 13.5% each year. In 2021, the country ranked 54th, with Iceland in first place on $1.96 million. The United Kingdom, Switzerland and France were ranked 2nd, 3rd and 4th in the same year. Meanwhile, art imports to Uruguay are forecast to fall 0.8% year-on-year to $244,650 by 2026. This is down from $248,670 in 2021. Since 1999, imports have decreased by 3.4% year-on-year. In 2021, Uruguay was ranked 92nd in the world, with Zimbabwe ahead in first place on $248,670. The United Kingdom, Switzerland and the United Arab Emirates ranked 2nd, 3rd and 4th respectively.
Uruguay Art Market Data and Forecasts
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