(ANSA) - ROME, NOVEMBER 11 - The volume of business that the art industry generates in Italy is 1.46 billion euros, with a total economic impact on the country of 3.78 billion. The sector employs approximately 36,000 employees throughout the entire production chain. And on a European level, Italy represents 2% of the market with respect to sales of works of art, a share that rises to 6% with the exit of the UK from the EU, with approximately 4,000 modern and contemporary art galleries. antique dealers and auction houses.
To tell the story of the research "Art: The value of industry in Italy", the first with a focus on the sector, carried out by the Nomisma Observatory, promoted by the Apollo Group, with the collaboration of Intesa Sanpaolo, and illustrated in the presence of the Minister of Culture Dario Franceschini. For every euro of turnover in the art market in Italy, according to the Report, a total of 2.60 is generated. In 2019, the turnover of auction houses, galleries, antique dealers and art dealers reached 1.04 billion euros, to which are added 420 million euros deriving from logistics, publications, insurance, fairs, education and restorers. If lockdowns and closures have obviously marked the companies in the sector (in 2021 40% needed credit to continue the activity),the most affected are art logistics (a segment of 70 million euros in 2019 which in 2020 suffered a 70% -90% collapse) and trade fairs, whose direct induced amounted to 68.1 million euros in the Covid (with Mercanteinfiera - Parma which alone contributes 25.6 million euros). (HANDLE).
