Global online auction revenue from contemporary art sales 2013-2020

Published by Statista Research Department, Nov 7, 2024
In 2020, auction houses worldwide focused on the sale of art online as a response to restrictions caused by the coronavirus (COVID-19) pandemic. As a result, global online auction revenue from contemporary art skyrocketed in the first half of 2020, reaching 81.9 million U.S. dollars and roughly doubling the revenue recorded in 2019.

Online auction revenue from contemporary art sales worldwide from 2013 to 2020 (in million U.S. dollars)

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Release date

December 2020

Region

Worldwide

Survey time period

January 1, 2013 to June 30, 2020

Supplementary notes

Figures have been rounded and are based on results from Fine Art public auctions.
Data refers to: paintings, sculptures, drawings, photographs, prints, videos, and installations by contemporary artists, namely artists born after 1945. It excludes antiques, anonymous cultural goods, and furniture.

The auction results include the buyer’s premium.

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