The export value of Works of Art, Collectors Pieces, and Antiques from Argentina fluctuated significantly over the past decade. Starting at 3.5778 million USD in 2013, the value saw a staggering increase by 2018, reaching 40.47 million USD. Over the last two years (2022-2023), the yearly growth was relatively modest, standing at 6.54% and 6.01% respectively. As of 2023, the value was 43.893 million USD.
From 2024 onwards, forecasts suggest a continued upward trajectory, with the export value expected to reach 56.895 million USD by 2028. The forecasted 5-year CAGR stands at 4.06%, indicating sustained growth albeit at a slower pace compared to the past five years.
Future Trends to Watch:
1. Potential shifts in global demand for Argentine arts and antiques.
2. Impact of economic policies and trade regulations on export dynamics.
3. Expansion of digital platforms and online auctions as sales channels.
4. Influence of cultural events and international collaborations.