The forecast for the import of handmade paintings, drawings, pastels, and collages to Switzerland indicates a steady annual increase between 2024 and 2028, starting from 1.8546 billion US Dollars in 2024 and reaching 2.0329 billion US Dollars by 2028. The year-on-year percentage variations show moderate growth, averaging about 2.5% annually.
As of 2023, the actual import value stood at 1.8100 billion US Dollars. Comparing the forecasted value in 2024 to 2023, there's an expected increase of approximately 2.5%. Looking at the five-year Compound Annual Growth Rate (CAGR), the average annual increase in the import value is around 2.5%.
Future trends to watch for include the potential impact of economic conditions on discretionary spending and investment in art, the influence of emerging markets, and evolving tastes and preferences in contemporary art. Additionally, the effects of logistics and global trade policies could also significantly impact import volumes.