k-flash audio commentThe Swiss Art Market

The case

In 2024, Switzerland exported artworks valued at CHF 1.9 billion, while art imports topped at CHF 2.2 billion, confirming the country’s position as one of the world’s leading art markets.

Source: Schmidt-Gabain AG – Florian Schmidt Gabain

The commentary

Switzerland plays a pivotal role in the international art ecosystem. Art Basel, widely regarded as the world’s most important fair for modern and contemporary art, takes place in Basel each June. Quite a number of internationally active auction houses maintain a presence in Switzerland, including Christie’s, Sotheby’s, Artcurial, Bonhams, Phillips and Grisebach. The country’s largest domestic auction house is Koller Auktionen.

Switzerland is also home to Hauser & Wirth, one of the world’s leading galleries for contemporary art, headquartered in Zurich. In addition, the country boasts a strong community of internationally renowned collectors and museums with world-class collections. Swiss artists such as Pipilotti Rist, Urs Fischer and the duo Fischli/Weiss have further contributed to Switzerland’s prominent standing in the global art world.

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