Art market rebounds from Covid downswing

  • 📰 BDliveSA
  • ⏱ Reading Time:
  • 28 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 14%
  • Publisher: 63%

Россия Новости Новости

Dealers and collectors report growth in every segment of the market

As the rich get richer, they spend more. Way more. Picture: BLOOMBERG

The US continued to lead global sales, with about $28bn in art sold in just one year. Greater China was in second place, with sales totalling $13.4bn, followed by the UK, with $11.3bn. Global sales were $64.1bn in 2019, according to prior reports, before plummeting 22% to $50.1bn in 2020. With that caveat in mind, dealers say they sold $34.7bn worth of art and antiques last year, up 18% from the year before. About 55% of dealers surveyed said they were more profitable than they were in 2020, while 24% reported a decline in profits.

 

Спасибо за ваш комментарий. Ваш комментарий будет опубликован после проверки
Мы обобщили эту новость, чтобы вы могли ее быстро прочитать.Если новость вам интересна, вы можете прочитать полный текст здесь Прочитайте больше:

 /  🏆 12. in RU

Россия Последние новости, Россия Последние новости