Fig.1
Global art market share by value in 2017
Art Basel’s The Art Market 2018 report recorded a shift in the global hierarchy of the top three largest markets, which together account for 83% of total sales by value. The US continues to lead, increasing its share by two percent to 42% of world sales by value. China marginally edged ahead of the UK, thanks to strong sales and sterling’s weakness.
Fig.2
Sales in the global art market 2007-2017