RawFacts Auction Review 2023
- Analyst: Lindsay Dewar, Megan Brown
- Pages: 26
- Access: Analyst
Global auction sales from Christie’s, Sotheby’s and Phillips totalled $11.2 billion in 2023, down 19% from 2022.
Highlights:
– Global art market falls in 2023
– More sales and more lots dampen the decline in the market
– New York increases its market share as Hong Kong falls back
– Online-Only auction sales drops by 15%
– Sotheby’s claws back market share from Christie’s
About this report:
This report presents a comparative analysis of all auction sales at Sotheby’s, Christie’s and Phillips in 2023. The report allows you to quickly see which auction house is trending and what collecting segments are the key drivers of growth.
