Key Market Indicators
Peruvian imports of works of art are projected to increase to $2.8 million by 2026, up from $2.4 million in 2021. This growth is forecast to be an average of 3% year on year. Since 1997, demand in Peru has grown by almost 24%. In 2021, the Dominican Republic overtook Peru’s imports, coming in at $2.4 million. The United Kingdom, Switzerland and the United Arab Emirates ranked second, third and fourth respectively in this list. Exports of works of art from Peru are expected to fall to $953,000 by 2026, down from $1.2 million in 2021. This is a reduction of 3.5% year-on-year on average. Since 1997, exports from Peru have decreased by 11%. In 2021, Bulgaria overtook Peru’s exports, coming in at $1.2 million. The United Kingdom, Switzerland and France ranked second, third and fourth respectively in this list.
