Key Market Indicators
Japanese imports and exports of fine art are set to reach $1 billion by 2026. Imports are projected to hit $615 million in the same period, representing a 1.5% annual growth rate. In 2021, Japan placed 7th in the ranking of art imports, with Germany taking the lead at $547 million. The United Kingdom, Switzerland and the United Arab Emirates were ranked 2nd, 3rd and 4th respectively. Exports of fine art from Japan are expected to reach $443 million by 2026, growing by an average of 2.6% year-on-year. In 2021, Japan placed 9th in the ranking, with Italy in the lead at $367 million. The United Kingdom, Switzerland and France held the 2nd, 3rd and 4th places respectively. Since 1993, Japanese supply has decreased by 0.1% year-on-year.