Key Market Indicators
The import and export of artwork in the United Arab Emirates is set to reach over $2.5 billion by 2026, according to recent figures. This is a 4.8% year-on-year growth in imports, and 4.3% year-on-year growth in exports, since 2021. Since 2012, Emirati demand for artwork imports has jumped by 62%, while Emirati supply of artwork exports has grown by 42.7%. In 2021, the United Kingdom, Switzerland and the UAE respectively ranked numbers 2, 3 and 4 for import, while the UK, Switzerland and France respectively held the same spots for export. Germany topped the list for exports, with $625.4 million.
