Key Market Indicators
Guatemala is set for a 4.1% increase in work of art imports by 2026. The country's demand has been growing steadily by 46% since 1998. In 2021, Guatemala came in 50th place in the ranking, with Lithuania overtaking the country with an import value of $3.6 million. The United Kingdom, Switzerland, and the United Arab Emirates came in second, third, and fourth, respectively. Exports of work of art from Guatemala are expected to reach $182,340 by 2026, a 1.2% year-on-year CAGR. Since 1998, the country's supply has risen 10.9% year-on-year. In 2021, Guatemala came in 91st place, with Mozambique ahead at $165,070. The United Kingdom, Switzerland, and France ranked second, third, and fourth, respectively.
