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The Global Art Market Report 2019

• The US is the largest market worldwide (accounting for 44% of sales)
• Millennials represent 39% of the art collectors in Hong Kong
#365ArtFair#ArteFiera2020#ContemporaryArtpic.twitter.com/Dh2vI7ZwJ4
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The Global Art Market Report 2019

Nowadays, dealers base their competitive strategies on being able to successfully access the best-quality artists & artworks for their clients
#365ArtFair#ArteFiera2020#ContemporaryArtpic.twitter.com/5vUhWDsMd8
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The Global Art Market Report 2019

DYK UK sales increased by 8% to $14Billion?
#365ArtFair#ArteFiera2020#ContemporaryArtpic.twitter.com/SssctH08oI
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The Global Art Market Report 2019

• The US reached sales of $29.9B in 2018
• Positive growth brought the art market to its second-highest level in 10 years
#365ArtFair#ArteFiera2020#ContemporaryArtpic.twitter.com/IWvebqENi1
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The Global Art Market Report 2019

The strong performance of the US market buoyed the market to $68.2 Billion
#365ArtFair#ArteFiera2020#ContemporaryArtpic.twitter.com/dIhWw1dOpC
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The Global Art Market Report 2019

• France accounted for 6% of the global art market in 2018
• There are over 300K businesses operating in the global art & antiques market
#365ArtFair#ArteFiera2020#ContemporaryArtpic.twitter.com/oCo2DgrHnB
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The Global Art Market Report 2019

For dealers operating in the Contemporary market, the most common method for accessing works for sale is through consignments from artists
#365ArtFair#ArteFiera2020#ContemporaryArtpic.twitter.com/vfn3JZpGbs
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The Global Art Market Report 2019

The division between public auction sales & private sales varies widely between countries and between the different sectors of the market.
#365ArtFair#ArteFiera2020#ContemporaryArtpic.twitter.com/7TBnOqEP3l
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The Global Art Market Report 2019

• Financing & access to credit is a priority for dealers
• The number of works sold by dealers in decorative art & antiques rose by 7% in 2018
#365ArtFair#ArteFiera2020#ContemporaryArtpic.twitter.com/m56Dk0i8RW
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The Global Art Market Report 2019

Works priced over $1 million accounted for 40% of the market by value, but just 3% of transactions
#365ArtFair#ArteFiera2020#ContemporaryArtpic.twitter.com/AtaGnxHAMx
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The Global Art Market Report 2019

On average, 29% of dealers’ sales were to new clients buying from them for the first time in 2018
#365ArtFair#ArteFiera2020#ContemporaryArtpic.twitter.com/Y1i8uSab0a
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The Global Art Market Report 2019

• Lots sold from works of art over $1million grew by 9% year-on-year
• Galleries in the primary market had 63% of total sales come from their top three artists
#365ArtFair#ArteFiera2020#ContemporaryArtpic.twitter.com/g0yv0eIDcM
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The Global Art Market Report 2019

• Large primary-market galleries tend to represent fewer female artists
• Works of art selling for over $1 million accounted for 61% of total sales value
#365ArtFair#ArteFiera2020#ContemporaryArtpic.twitter.com/qNkmxObsg4
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