According to a global study on the median expenditure of high-net-worth (HNW) collectors on art and antiques, collectors from Mainland China recorded the highest figure among the selected markets in the first half of 2024. Over that period, the median spending of HNW collectors from Mainland China amounted to 97,000 U.S. dollars. HNW collectors from France followed behind, with a median expenditure of 38,000 U.S. dollars.
Median expenditure of high-net-worth (HNW) collectors on art and antiques in selected art markets worldwide from 2022 to H1 2024
(in 1,000 U.S. dollars)
The survey was conducted between July and August 2024.Â
The source defined high net worth (HNW) collectors as individuals with a current net worth, excluding real estate and private business assets, exceeding one million U.S. dollars. Additionally, to be included in the survey, collectors were required to have spent at least 10,000 U.S. dollars on art and antiques in 2022 and 2023, and a minimum of 5,000 U.S. dollars in the first half of 2024.Â
Respondents were HNW individuals from the following markets: United States, United Kingdom, France, Germany, Italy, Singapore, Hong Kong SAR, China, Taiwan, Japan, Brazil, Switzerland, Indonesia, and Mexico.
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Art Basel, & UBS. (October 24, 2024). Median expenditure of high-net-worth (HNW) collectors on art and antiques in selected art markets worldwide from 2022 to H1 2024 (in 1,000 U.S. dollars) [Graph]. In Statista. Retrieved November 18, 2024, from https://www.statista.com/statistics/1269328/expenditure-of-high-net-worth-collectors-on-art-worldwide-by-country/
Art Basel, und UBS. "Median expenditure of high-net-worth (HNW) collectors on art and antiques in selected art markets worldwide from 2022 to H1 2024 (in 1,000 U.S. dollars)." Chart. October 24, 2024. Statista. Accessed November 18, 2024. https://www.statista.com/statistics/1269328/expenditure-of-high-net-worth-collectors-on-art-worldwide-by-country/
Art Basel, UBS. (2024). Median expenditure of high-net-worth (HNW) collectors on art and antiques in selected art markets worldwide from 2022 to H1 2024 (in 1,000 U.S. dollars). Statista. Statista Inc.. Accessed: November 18, 2024. https://www.statista.com/statistics/1269328/expenditure-of-high-net-worth-collectors-on-art-worldwide-by-country/
Art Basel, and UBS. "Median Expenditure of High-net-worth (Hnw) Collectors on Art and Antiques in Selected Art Markets Worldwide from 2022 to H1 2024 (in 1,000 U.S. Dollars)." Statista, Statista Inc., 24 Oct 2024, https://www.statista.com/statistics/1269328/expenditure-of-high-net-worth-collectors-on-art-worldwide-by-country/
Art Basel & UBS, Median expenditure of high-net-worth (HNW) collectors on art and antiques in selected art markets worldwide from 2022 to H1 2024 (in 1,000 U.S. dollars) Statista, https://www.statista.com/statistics/1269328/expenditure-of-high-net-worth-collectors-on-art-worldwide-by-country/ (last visited November 18, 2024)
Median expenditure of high-net-worth (HNW) collectors on art and antiques in selected art markets worldwide from 2022 to H1 2024 (in 1,000 U.S. dollars) [Graph], Art Basel, & UBS, October 24, 2024. [Online]. Available: https://www.statista.com/statistics/1269328/expenditure-of-high-net-worth-collectors-on-art-worldwide-by-country/
