The United Kingdom is leading Europe's art export market, showing a remarkable 14.99% year-on-year growth in 2023. Switzerland and Austria faced declines, contrasting with France's steady increase. Noteworthy growth includes Ireland at 30.06% and Norway at 42.64%. The Netherlands and Spain also showed impressive growth, bolstering their art export market. Emerging countries like Latvia and Kosovo displayed significant upward trends with variations of 48.35% and 58.79% respectively, indicating expanding market potentials. Conversely, Slovakia and Lithuania experienced declines, highlighting challenges in their market presence.
Looking ahead, future trends to watch include the impact of digital art, driven by technological advances and evolving cultural interests. Additionally, economic factors and legislative changes within the EU could further influence cross-border art trade dynamics, requiring countries to adapt strategically to maintain competitiveness in the global art export market.
Top countries in Work of Art Exports by Country
| # | 10 Countries | Thousand Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 United Kingdom | 10,088,000 | 2023 | +4.81% | +14.99% | View data |
| 2 | 2 Switzerland | 1,653,800 | 2023 | -24.75% | -4.95% | View data |
| 3 | 3 France | 1,318,700 | 2023 | -2.64% | +5.1% | View data |
| 4 | 4 Germany | 866,640 | 2023 | +8.1% | +2.9% | View data |
| 5 | 5 Italy | 546,370 | 2023 | +3.77% | +7.52% | View data |
| 6 | 6 Belgium | 199,050 | 2023 | -19.88% | +6.47% | View data |
| 7 | 7 Netherlands | 193,900 | 2023 | -0.048% | +10.27% | View data |
| 8 | 8 Spain | 158,650 | 2023 | -10.06% | +7.22% | View data |
| 9 | 9 Austria | 132,500 | 2023 | -8.27% | -4.22% | View data |
| 10 | 10 Sweden | 78,780 | 2023 | +2.97% | +17.03% | View data |
