Key Market Indicators
Portuguese imports of works of art are projected to reach nearly $19 million by 2026, up 1.1% per year on average from 2021's $17.3 million. Since 1993, demand has risen by 14% annually. Portugal ranked 37th in 2021, with Andorra overtaking it at $17.3 million. The United Kingdom, Switzerland, and the United Arab Emirates were the top three in the ranking. Exports of Portuguese works of art are forecast to drop 1.2% annually on average to $9.6 million by 2026, from $10 million in 2021. Since 1993, Portuguese supply has declined by 3.7% a year. Portugal was 35th in 2021, with Lebanon overtaking it at $10 million. The United Kingdom, Switzerland, and France were the top three in the ranking.
