The export of works of art, collectors pieces, and antiques from Guatemala exhibited significant fluctuations from 2013 to 2023. The year 2014 saw an impressive increase of 239.43%, only to drop by 60.03% in 2015. Stability somewhat returned from 2018 onwards, maintaining a gradual upward trend with a year-on-year increase of 1.92% in 2023, where it stood at 190.67 Thousand US Dollars. Over the past five years, the compound annual growth rate (CAGR) was modest at 2.09%, indicating steady but slow growth in this period.
Looking at future trends, the forecast for 2024-2028 predicts continued growth at a conservative CAGR of 1.51%, achieving a 7.78% cumulative increase by 2028. Factors to watch in the future include changes in global art market demand, fluctuations in international trade policies, and the impact of cultural and economic developments in Guatemala that could influence export dynamics.