FlowBank

1136 days ago • Posted by Martin Boujol

Art market: a 22% decline in 2020

Despite online sales that have doubled, the art market has seen its volume of affairs decrease by 22% in 2020, according to the Art Basel and UBS report. This is the biggest recession since 2009. We can only thank the embrace of digital alternatives, without which the numbers would look a lot worse. 

Source: FT

Art market: a 22% decline in 2020
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