Ukraine Art Industry Outlook 2021

See how Ukraine Art performed compared to key markets such as the United States, the United Kingdom and Switzerland.

Key Market Indicators

In 2021, the Ukrainian Work Of Art Import-Export balance was $-2,417,090, while it was $-2,921,910 in 2020, showing a 18.4% growth. Ukrainian imports of Work Of Art increased by 18.4% in 2021, reaching $384,110. This marked the lowest annual decrease since 2001, when imports decreased by 21.7%. The country came in 84th place in 2021, whereas Barbados led the ranking with $384,110. The United Kingdom, Switzerland and the United Arab Emirates came in second, third and fourth place respectively. Ukrainian exports of Work Of Art are expected to reach $2,801,200 by 2026, up from $2,246,400 in 2021. This would represent a CAGR of 3.2%. Since 2001, the country's supply of Work Of Art has increased by 65.2% year on year. Ukraine ranked 51st in 2021, with Tanzania coming in first with $2,246,400. The United Kingdom, Switzerland and France followed in second, third and fourth place respectively. In 2021, Ukraine's Work Of Art Import-Export balance stood at -$2,417,090, as compared to -$2,921,910 in 2020, a rise of 18.4%.

Ukraine Art Market Data and Forecasts

Other Top Countries about Art