Global art market value fell by 4% in 2023 amid 'inflation and wars ...

The global art market shrank last year by 4%, from $67.8bn to $65bn, according to the eighth annual Global Art Market Report, released today.

Global art market 'beginning to cool', according to latest Art Basel ...

However, in 2022, the older segment of post-war art was more successful, with values up by 3%, versus declines of 26% for contemporary art and ...

Regan Lynn Larroque on LinkedIn: Global art market value fell by 4 ...

... inflation—contributed to the global art market value contracting considerably last year. ... Global ...

The Art Basel and UBS Global Art Market Report 2024

The art market remains resilient, despite a slowdown in sales. In 2023, the market value eased, decreasing by 4% to an estimated USD 65 billion.

Global art market value 2007-2023 - Statista

Global sales in the art and antiques market declined by four percent in 2023 over the previous year. Overall, the total value of ...

The Art Newspaper on X: "The latest Global Art Market Report ...

The latest Global Art Market Report reveals that a decline in sales of the most expensive works of art—against a backdrop of conflict, ...

The Art Basel & UBS Art Market Report 2023

The Art Market 2024 presents the findings of research on the global art and antiques market in 2023. The information presented in the report is based on ...

Economic Trends Impacting the Art Market - The White Glove

The Global Art Market Report shows that auction sales fell by 7% to $25.1 billion, while dealer sales dropped 3% in 2023. Larger private ...

Dr. Anna Szech on LinkedIn: Global art market value fell by 4% in ...

Global art market value fell by 4% in 2023 amid 'inflation and wars', Art Basel/UBS report finds.

Art Market Update: Analyzing Current Trends for Fall 2024

Sotheby's “The Now” sale, an auction created during this period to showcase newly canonized artists, regularly saw record-breaking bidding wars ...

The Art Basel & UBS Art Market Report 2023

... prices. When measured at the start of 2023, global personal wealth had fallen for the first time since. 2008 (by 2%), although predictions were for nominal ...

Global Art Market Shrinks 4%—Art Basel and UBS Report - Ocula

In a reversal of recent trends, smaller dealers grew faster than market behemoths in 2023. ... Following two years of growth, the global art ...

Tendencies and Trends in the Art Market 2023 | follow.art

Central theme of 2023 has been global economic and political uncertainty, from which the art world was not insulated. The sales for artworks in ...

The Art Basel and UBS Global Art Market Report 2024 - Widewalls

The estimated global art sales in 2022 reached $65 billion, suggesting a slowing down of the market in 2023. Amidst high interest rates, ...

PRESS RELEASE BASEL | MARCH 13 | 2024 The art market ...

years, sales in the UK decreased by 8% to USD 10.9 billion in 2023. The. UK remains a key hub for sales of the most expensive artworks worldwide ...

Art Market Loses Shine Amid Tough Economic Conditions

Higher interest rates, inflation and political instability appear to have taken the gloss from the world's art market, with sales falling 4 per cent in 2023 ...

Art Market Outlook For 2024 | The Luxury Playbook

Sales fell to USD 28.9 billion, a 5% decrease. The decline was especially pronounced in fine art auctions over USD 10 million. The global art ...

Global Art Sales Dropped 4 Percent to $65 B. in 2023 - TheCollector

Global art sales 2023 witnessed only a 4% decline in market value to an anticipated $65 billion, according to the annual art market report published by Art ...

The Art Market Shrank in 2023, but There Are Reasons for Optimism

In 2023, global art market sales fell about 4 percent, from $67.8 million to an estimated $65 billion, according to the report.

5 Key Takeaways from Art Basel and UBS's Report “The Art Market ...

The slump means that the U.K. represented 17% of the global art market by value in 2023, falling to third place after China, which accounted for ...