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The global art market was valued at 50 billion U.S. dollars in 2020, dropping by roughly 14 billion over the previous year, due to the impact of the coronavirus (COVID-19) pandemic. This decrease is also shown in the volume of global art sales which reached approximately 31 million transactions in 2020, down from over 40 million in 2019.

Statista Research Department, Aug 5, 2021

Key findings of The Art Basel and UBS Global Art Market Report include: – Global sales of art and antiques reached an estimated 50.1 billion USD, down 22% from 2019. – The three major art hubs—the US, the UK, and Greater China—continued to account for a majority of the value of global sales in 2020.22 mars 2021

e-flux, March 22, 2021






64,35-50 billion USD 2019-20

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