Key Market Indicators
Indonesian export of works of art is predicted to decline 4.4% each year over the next five years, falling from $5.8 million in 2021 to just over $4.4 million in 2026. This marks a decrease of 4.2% since 1994. Finland was the leading exporter in 2021, with a total of $5.8 million – followed by the UK, Switzerland and France. Meanwhile, Indonesian import of works of art is expected to decrease 1.1% annually, dropping from $2.0 million in 2021 to $1.8 million by 2026. This marks an increase of 9.4% since 1994. Ethiopia was the leading importer in 2021, with a total of $2.0 million – followed by the UK, Switzerland and the United Arab Emirates.
Indonesia Art Market Data and Forecasts
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