The global art market has returned to growth in 2025. According to the Art Market Report published by Art Basel and UBS on Thursday, sales rose by 4% to $59.6 billion (CHF46.52) following a 12% slump in the previous year. + Get the most important news from Switzerland in your inbox According to the report, the value of auction sales rose by 9%, while more moderate growth of 2% was recorded in the dealer segment. Noah Horowitz, CEO of co-publisher Art Basel, speaks of a "strategic inflection point" in the continued evolution of the art business. Among other things, art fairs were able to grow and increase their share of total dealer sales by four percentage points to 35% of dealer sales. This corresponds to the highest share since 2022. + I hit the Art Basel superfecta According to the report, the high price level in particular had a positive impact on auction sales. Sales with a value of over $10 million increased by 30%. This was driven, among other things, by the sales of ...
