Forecast: Work of Art Imports to Switzerland

The forecast for work of art imports to Switzerland shows a steady increase from €1.7496 billion in 2024 to €1.8811 billion by 2028. In 2023, the value of imports was recorded at €1.704 billion. Year-on-year variation highlights moderate yet consistent growth: approximately 2% from 2023 to 2024, with similar percentage increases year-on-year up to 2028. The Compound Annual Growth Rate (CAGR) over the five-year forecasted period is approximately 2%. This suggests a stable and continuous ascent in the market.

Future trends to watch for:

  • The impact of global economic shifts on the luxury and art sectors, which could either boost or hinder growth.
  • Technological advancements and digital platforms facilitating art trade, potentially increasing volume and value.
  • Changes in consumer behavior and preferences towards art investment as an asset class.

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