4.13.2022
Five key findings from the 2022 Art Market Report
Following its biggest recession in 10 years, the global art market bounced back to above pre-pandemic levels in 2021, with aggregate sales of art and antiques by dealers and auctioneers reaching $65.1 billion, up 29% from 2020. Yet that recovery was uneven, notes cultural economist Clare McAndrew in the sixth edition of the Art Basel and UBS Global Art Market report.