Global art market up slightly at $67.8 billion in 2022
Digital, film and video art sales rose five percent last year – Copyright AFP/File Patrick T. FALLON
The art market rose slightly to $67.8 billion last year despite an uncertain global climate, thanks to high-end and digital sales, an annual report said on Tuesday.
Worldwide sales of art increased three percent in 2022 compared to the previous year, lifting them above the level seen in 2019 before the disruptive impact of the Covid-19 pandemic.
“The year 2022 saw the art market hold onto its post-pandemic rebound and strengthen further despite severe economic uncertainty and the return of war to Europe,” said the report by Art Basel, a maj
