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RawFacts Auction Review 2021
- Analyst: Lindsay Dewar
- Pages: 24
- Access: Analyst
Global auction sales from Christie’s, Sotheby’s and Phillips totalled $12.6 billion in 2021, up 70% from 2020.
Highlights:
– Global art market reaches new heights with a record-breaking year in 2021
– New York accounts for almost half of auction sales in 2021
– Auction houses continue to benefit from their digital presence
– Sotheby’s maintains pole position in 2021
– Post-War and Contemporary Art sales have their strongest year
– Impressionist & Modern Art auction sales soar in 2021
– Collecting of luxury items increases as online auctions provide a new gateway for buyers
About this report:
This report presents a comparative analysis of all auction sales (physical, Online-Only and Hybrid sales) at Sotheby’s, Christie’s and Phillips in 2021. The report allows you to quickly see which auction house is trending and what collecting segments are the key drivers of growth.