Some key takeaways from the report include:
- The United States, then the United Kingdom, had the most sales volume for the year.
- The United States art market saw a 4% gain to $27.3 billion, which made it the largest global art market participant.
- China’s Art Market is contracting in step with other weaker economic conditions.
- The total sales volume for the year was $63.8 billion.
Since 2008, the report has been published by Dublin-based Art Economics.