The export of Works of Art, Collectors Pieces, and Antiques from the Netherlands has shown considerable variations over the past decade. From 2013 to 2023, the value fluctuated significantly, hitting a low in 2020 at $57.63 million and recovering to $155.42 million by 2023. The years 2021 and 2022 saw strong rebounds with year-on-year growth rates of 131.02% and 13.95%, respectively, while growth in 2023 was modest at 2.44%. Over the last five years, the Compound Annual Growth Rate (CAGR) stands at 1.36%, reflecting a moderate upward trend.
Looking forward, forecasted data from 2024 to 2028 predicts a steady increase, reaching $173.89 million in 2028. The 5-year CAGR for this period is expected to be 1.88%, indicating a stable growth trajectory. Notably, the forecasted 5-year growth rate totals 9.75%, suggesting gradual yet consistent expansion in the market.
Future trends to watch for include: - Economic conditions affecting disposable income and investment in arts.- Regulatory changes impacting the trade of artworks.- Technological advancements in art valuation and digital sales platforms.- Shifts in global art market demands, driven by emerging markets and new collectors.