Key Market Indicators
New Zealand's import and export of artwork is expected to reach $95 million by 2026. This is a 1.5% increase year-on-year from the 2021 figure of $87 million. Since 1994, the country's demand for art imports has risen 2.3% annually. In 2021, New Zealand was ranked 25th in the world for art imports, with Spain ranked first at $51.9 million. The United Kingdom, Switzerland and the United Arab Emirates came in second, third and fourth respectively. New Zealand's export of artwork is projected to reach $38.3 million by 2026, with an average growth rate of 1.4% year-on-year from the 2021 figure of $35.3 million. Since 1994, the country's supply of art has risen by 8.1% annually. In 2021, New Zealand was ranked 27th in the world for art exports, with Sweden in first place at $35.3 million. The United Kingdom, Switzerland and France came in second, third and fourth respectively.
