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Art Basel/UBS Reports Global Art Market Declines for Second Year Running

Art Basel/UBS Reports Global Art Market Declines for Second Year Running

by News Desk | Apr 9, 2025 | Art market news

The latest Art Market Report by Art Basel and UBS reveals a continued downturn in global art and antiques sales, with a 12% drop in 2024 to an estimated $57.5bn. This marks the second consecutive year of decline, compounding the challenges faced by an industry still...
No Surprises: Annual Art Basel Global Art Market Report 2022 Revealed

No Surprises: Annual Art Basel Global Art Market Report 2022 Revealed

by News Desk | Mar 31, 2022 | Features

The Art Basel and UBS Global Art Market Report 2022 is a highly anticipated industry barometer. This year it has revealed few surprises but heralds a substantial market recovery with a return to live sales and events while online sales have continued to grow.  The...
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