The United Kingdom continues to dominate the European art export market with 64.21% share, despite representing only about 15% year-on-year growth. Switzerland and France follow at 10.53% and 8.39% respectively, with France seeing a modest growth. Meanwhile, countries like Sweden and Latvia experienced significant growth rates of 17.03% and 48.35%, albeit from smaller bases. Future trends could see emerging countries like Ireland, Norway, and Greece, which have shown impressive growth rates in 2023, capturing more market share. Watch for potential shifts driven by increased digitalization and global demand redistribution impacting traditional art export leaders.
Top countries in Work of Art Exports Share by Country (Thousand Euros)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 United Kingdom | 64.21 | 2023 | +4.81% | +14.99% | View data |
| 2 | 2 Switzerland | 10.53 | 2023 | -24.75% | -4.95% | View data |
| 3 | 3 France | 8.39 | 2023 | -2.64% | +5.1% | View data |
| 4 | 4 Germany | 5.52 | 2023 | +8.1% | +2.9% | View data |
| 5 | 5 Italy | 3.48 | 2023 | +3.77% | +7.52% | View data |
| 6 | 6 Belgium | 1.27 | 2023 | -19.88% | +6.47% | View data |
| 7 | 7 Netherlands | 1.23 | 2023 | -0.048% | +10.27% | View data |
| 8 | 8 Spain | 1.01 | 2023 | -10.06% | +7.22% | View data |
| 9 | 9 Austria | 0.84 | 2023 | -8.27% | -4.22% | View data |
| 10 | 10 Sweden | 0.5 | 2023 | +2.97% | +17.03% | View data |
