In 2023, the import value of Works of Art, Collectors Pieces, and Antiques to Switzerland was reported at 2.75 billion US dollars. Based on the forecasted data, the values are projected to be 2.8218 billion in 2024, 2.8912 billion in 2025, 2.9593 billion in 2026, 3.026 billion in 2027, and 3.0914 billion in 2028. This indicates a consistent upward trajectory in the import value of this category. The year-on-year variation percentage shows a steady increase, reflecting a healthy and growing market.
Key observations:
- The import value is forecasted to increase by around 2.6% from 2024 to 2025, 2.4% from 2025 to 2026, 2.3% from 2026 to 2027, and 2.2% from 2027 to 2028.
- The Compound Annual Growth Rate (CAGR) over the five-year period is approximately 2.5%.
Looking ahead, important trends to monitor include the increasing interest in art and antiques as investment assets, the impact of evolving art market dynamics, and the influence of geopolitical factors that might affect the movement of such valuable goods. Additionally, the role of digital platforms in art transactions is expected to grow, potentially reshaping traditional market practices.