Key Market Indicators
Russia's export of art is expected to reach $12.3 million by 2026, a 3.4% year-on-year average increase since 2001. In 2021, it was ranked 36th, with Portugal holding the 35th spot at $10 million. The United Kingdom, Switzerland and France were the top three countries in the rankings. Russia's import of art is expected to reach $34.5 million by 2026, with an average year-on-year growth of 2.5%. Since 2001, demand has risen by 35.7%. In 2021, Russia was 29th in the rankings, with Mexico ahead at $29.8 million. The United Kingdom, Switzerland and the United Arab Emirates were the top three countries in the rankings.
