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Global art market has fully rebounded from its Covid-19 downswing
Art sales climbed to US$65.1 billion in 2021, up about 29 per cent from S$50.1 billion the year before, with growth reported in every segment
Add BT as a preferred sourcePublished Tue, Mar 29, 2022 · 09:50 PM
New York
THE world's art market has exceeded its pre-pandemic levels, climbing an estimated 29 per cent year over year to US$65.1 billion in 2021, said the 2022 Art Basel and UBS Global Art Market Report.
It details growth in every segment of the market, from decorative arts to blue-chip contemporary art.
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