The import of original engravings, prints, and lithographs to the UK experienced fluctuating trends from 2013 to 2023. Starting at 142.08 million dollars in 2013, it peaked in 2014 before a sharp decline between 2015 and 2017. A slight recovery occurred in 2018, followed by a downward trend, reaching 62.62 million dollars in 2023. Over the last two years, imports fell by an average of 3.08%, while the five-year CAGR showed an annual decrease of 4.61%. Forecast until 2028 indicates a continued decline at a CAGR of 2.89%.
Future trends to watch for include:
- Changes in consumer preferences for digital and contemporary art versus traditional forms.
- Impact of evolving trade policies and economic conditions post-Brexit.
- The increasing influence of online marketplaces on the art industry.