UK surpasses China, reclaims spot as second-largest global art market: UBS, Art Basel

Though sales cooled by 12 percent to an estimated $57.5 billion in 2024, the momentum of lower-priced segments and rising new buyer shares are exciting dealers worldwide.

Apr 15, 2025 - 10:41
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UK surpasses China, reclaims spot as second-largest global art market: UBS, Art Basel
Though sales cooled by 12 percent to an estimated $57.5 billion in 2024, the momentum of lower-priced segments and rising new buyer shares are exciting dealers worldwide.