In 2021, Chinese art and antique auction houses only received 15.78 billion yuan of auction lot payments. The figure is improving in comparison to the previous year, but is still less than half of the total hammer price from the same period, meaning that non-payment remained a significant deficit of the art and antique auction industry in China.
Actual lot payment settled at of art and antique auction houses in China from 2011 to 2021
(in billion yuan)
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China Association of Auctioneers. (November 13, 2022). Actual lot payment settled at of art and antique auction houses in China from 2011 to 2021 (in billion yuan) [Graph]. In Statista. Retrieved November 03, 2024, from https://www.statista.com/statistics/1297420/china-art-and-antique-auction-houses-actual-lot-payment-received/
China Association of Auctioneers. "Actual lot payment settled at of art and antique auction houses in China from 2011 to 2021 (in billion yuan)." Chart. November 13, 2022. Statista. Accessed November 03, 2024. https://www.statista.com/statistics/1297420/china-art-and-antique-auction-houses-actual-lot-payment-received/
China Association of Auctioneers. (2022). Actual lot payment settled at of art and antique auction houses in China from 2011 to 2021 (in billion yuan). Statista. Statista Inc.. Accessed: November 03, 2024. https://www.statista.com/statistics/1297420/china-art-and-antique-auction-houses-actual-lot-payment-received/
China Association of Auctioneers. "Actual Lot Payment Settled at of Art and Antique Auction Houses in China from 2011 to 2021 (in Billion Yuan)." Statista, Statista Inc., 13 Nov 2022, https://www.statista.com/statistics/1297420/china-art-and-antique-auction-houses-actual-lot-payment-received/
China Association of Auctioneers, Actual lot payment settled at of art and antique auction houses in China from 2011 to 2021 (in billion yuan) Statista, https://www.statista.com/statistics/1297420/china-art-and-antique-auction-houses-actual-lot-payment-received/ (last visited November 03, 2024)
Actual lot payment settled at of art and antique auction houses in China from 2011 to 2021 (in billion yuan) [Graph], China Association of Auctioneers, November 13, 2022. [Online]. Available: https://www.statista.com/statistics/1297420/china-art-and-antique-auction-houses-actual-lot-payment-received/
