Key Market Indicators
Lebanon's import and export of work of art are set to grow over the next five years. The country's imports are projected to reach nearly $7.6 million by 2026, a decrease of 0.9% from 2021. Since 2002, demand for art imports has grown by an average of 4.5% each year. In 2021, Lebanon ranked 43rd in the world for art imports, with Chile ahead at $7.8 million. The United Kingdom, Switzerland and the United Arab Emirates rounded out the top four. Meanwhile, Lebanon's exports of art are set to reach nearly $13.6 million by 2026, growing at an average rate of 4.4% annually since 2002. In 2021, the country came in 34th in the world for art exports, with Poland ahead at $10.1 million. The United Kingdom, Switzerland and France were numbers 2, 3 and 4, respectively.
