Key Market Indicators
India's imports of art are expected to reach around $229 million by 2026, up from $179 million in 2021. This growth is estimated to be 3.6% every year on average. Since 1993, imports have decreased by 3.4% annually. In 2021, India was ranked 14th, with Italy ahead at $179 million. The United Kingdom, Switzerland and the United Arab Emirates made up the top four in this ranking. Exports of art from India are projected to reach around $59 million by 2026, down from $102 million in 2021. This decrease is expected to be 9.8% every year on average. Since 1993, exports have dropped by 20.4% annually. In 2021, India was placed 17th, with Spain in the lead at $102 million. The United Kingdom, Switzerland and France made up the top four in this ranking.