Auction revenue distribution of contemporary art worldwide 2000-2020, by medium

Published by Statista Research Department, Oct 18, 2023
Over the past 20 years, paintings have consistently generated the highest share of global auction revenue from contemporary art sales. In 2020, roughly 73 percent of the overall income came from painting sales. That year, non-fungible tokens (NFTs) generated auction sales for the first time, accounting for five percent of the global auction revenue of contemporary art.

Global auction revenue distribution from contemporary art sales from 2000 to 2020, by medium

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Release date

October 2021

Region

Worldwide

Survey time period

2000 to 2020

Special properties

figures refer to fine art public auctions; auction results include buyer's premium

Supplementary notes

*The Drawings category was previously defined by the source as Works on paper.

Figures have been rounded.
The source specifies that figures cover "exclusively paintings, sculptures, drawings, photographs, prints, NFTs, videos, and installations by contemporary artists - herein defined as artists born after 1945, and excludes antiques, anonymous cultural goods, and furniture".

Data prior to 2020 were previously published by the source.

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Auction market worldwideArt market worldwideGlobal online art marketBillionaires around the worldArt market in the United Kingdom (UK)
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