Travel bans and event cancellations: how the art market is suffering from COVID-19
- Written by Anita Archer, Research Coordinator, ERCC Research Unit, University of Melbourne
The recently released The Art Market 2020 report provides a timely insight into how COVID-19-related disruptions are likely to impact growth and sales in the global art market.
The report estimates global art market sales in 2019 were worth US$64.1 billion (A$97 billion), down 5% on 2018.
This drop reflects the decline in global economic growth driv...
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