The import of works of art to Belgium has shown a fluctuating trend over the past decade. Notably, from 2013 to 2021, the values underwent periodic rises and falls, ultimately leading to a sharp surge post-2019. The year-on-year variation peaked in 2022 at 52.93%, with a significant average annual growth rate (CAGR) of 34.26% over the past five years.

By 2023, the import value stood at 520.01 million Euros. Forecasted data indicates continued robust growth, projecting an average annual increase of 12.17% leading up to 2028.

Future trends to watch for:

Emerging markets and increased digital sales platforms as drivers for art imports.
Impact of global economic fluctuations and geopolitical stability on luxury acquisitions.
Technological advancements in art authentication and transportation enhancing market confidence.