(Finance) – In 2023 the art and antiques market Italian has reached an overall value of over 1.3 billion euros: important part of this market is the export of works of art and related products such as design and furniture. The increase in these sectors is constant, with growing demand from strategic foreign markets such as United Kingdom, France and United States.
In this sense, the cultural and economic relationship with the United Kingdoman essential component of success of Made in Italy. With a commercial exchange that has exceeded 20 billion eurosof which 15 billion comes from Italian exports, the United Kingdom in fact represents a key market for Italian art and cultural heritage: two ideal partners, where the avant-garde that has always distinguished England in terms of trends and coolness marries with the solid tradition of quality, innovation and ideas which is typical of Made in Italy.
And in fact, despite the challenges posed by Brexit and the Covid-19 pandemic, Italian exports have been able to resist, demonstrating the strong attraction that Italian cultural products, including art, continue to have on the British market.
The case of Italian proseccowhich has seen exponential growth in the UK with consumption reaching 12 million hectoliters per yearreflects the penetration potential of Made in Italy in various sectors. Likewise Italian art represents not only a cultural testimony, but a real financial asset: the sector of art auctions in Italy it recorded a increase of 7% in 2022with London remaining one of the most important places for transactions of Italian works.?
Accardi’s exhibition, Timeless Inspiration, at the Eden Gallery in Londonrepresents not only an artistic success but also an economic one. The event will be held from 10 to 30 October 2024 in the renowned New Bond Streetone of the most prestigious streets for the art and luxury market worldwide. The gallery, with its 1,100 square meters of exhibition space, is one of the main destinations for contemporary art in London, confirming the key role of the British capital as hub for art trade.
Accardi’s ability to blending the Italian Renaissance tradition with pop and surrealist elements has aroused transversal interest among collectors and investorsdemonstrating how art can be not only a form of cultural expression, but also a economic investment of great value. The exhibited works, which combine historical figures such as Leonardo Da Vinci and Paolo Veronese with modern icons such as Michael Jackson and Topo Gigio, reflect a fusion of styles which attracted a global audience, further cementing the economic link between Italy and the UK.
The Italian art market, strong in its tradition and capacity for innovation, continues to play a key role on both a cultural and economic level. In particular, i relations with the United Kingdom are confirmed as strategicdespite the uncertainties of the political and commercial context. With a commercial exchange that exceeds 20 billion euros and a growing demand for artistic products, Italy still occupies the central role it deserves in the European and global artistic panorama.