Key Market Indicators
South African imports and exports of artwork are expected to reach $166 million by 2026. In 2021, South Africa ranked 22nd in the world for work of art imports, at $63 million. Qatar led the rankings, with imports of $59 million. The United Kingdom, Switzerland, and the United Arab Emirates were the next three countries. Exports of art from South Africa are predicted to hit $103 million by 2026 - up from $89 million in 2021. Here, the country was 19th in the world rankings, with South Korea leading the way. The United Kingdom, Switzerland and France were the next three countries. Since 2005, South African demand for art imports has grown at an average rate of 5% each year, while exports have grown at a rate of around 2.1% annually.
