Key Market Indicators
Thailand's exports of artwork are projected to reach $35.2 million by 2026, up from $29.9 million in 2021. This is a growth of 2.7% year-on-year, according to the Compound Annual Growth Rate (CAGR). Since 1994, Thai supply has increased by 30.2% year-on-year. In 2021, Thailand placed 28th in the ranking, behind New Zealand with $29.9 million. The United Kingdom, Switzerland, and France took the top three spots respectively. Similarly, Thailand's imports of artwork are expected to reach $28.2 million by 2026, up from $24.8 million in 2021. This is a CAGR of 2.2% year-on-year. Since 1993, Thai demand has grown 19.8% year-on-year. In 2021, Thailand was at 32nd place, behind the Czech Republic with $24.8 million. The United Kingdom, Switzerland and the United Arab Emirates were the top three in the ranking.
