Between 2018 and 2022, the number of contemporary works of art sold at auctions worldwide for more than one million U.S. dollars totaled roughly three thousand. Over that period, paintings represented more than 80 percent of high-end contemporary art auction sales, with close to 2.5 thousand lots sold for over one million U.S. dollars.
Number of contemporary works of art sold for more than one million U.S. dollars at auctions worldwide between 2018 and 2022, by medium
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Number of lots sold
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Figures refer to lots sold between January 1, 2018 and December 31, 2022 by auction houses Sotheby’s, Christie’s, and Phillips worldwide.
The source defines the contemporary art market as follows: Core Contemporary (artists born from 1930 to 1976) and Young Contemporary (artists born since 1977).
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Sotheby's. (March 10, 2023). Number of contemporary works of art sold for more than one million U.S. dollars at auctions worldwide between 2018 and 2022, by medium [Graph]. In Statista. Retrieved July 22, 2024, from https://www.statista.com/statistics/1381330/high-end-contemporary-art-sales-worldwide-by-medium/
Sotheby's. "Number of contemporary works of art sold for more than one million U.S. dollars at auctions worldwide between 2018 and 2022, by medium." Chart. March 10, 2023. Statista. Accessed July 22, 2024. https://www.statista.com/statistics/1381330/high-end-contemporary-art-sales-worldwide-by-medium/
Sotheby's. (2023). Number of contemporary works of art sold for more than one million U.S. dollars at auctions worldwide between 2018 and 2022, by medium. Statista. Statista Inc.. Accessed: July 22, 2024. https://www.statista.com/statistics/1381330/high-end-contemporary-art-sales-worldwide-by-medium/
Sotheby's. "Number of Contemporary Works of Art Sold for More than One Million U.S. Dollars at Auctions Worldwide between 2018 and 2022, by Medium." Statista, Statista Inc., 10 Mar 2023, https://www.statista.com/statistics/1381330/high-end-contemporary-art-sales-worldwide-by-medium/
Sotheby's, Number of contemporary works of art sold for more than one million U.S. dollars at auctions worldwide between 2018 and 2022, by medium Statista, https://www.statista.com/statistics/1381330/high-end-contemporary-art-sales-worldwide-by-medium/ (last visited July 22, 2024)
Number of contemporary works of art sold for more than one million U.S. dollars at auctions worldwide between 2018 and 2022, by medium [Graph], Sotheby's, March 10, 2023. [Online]. Available: https://www.statista.com/statistics/1381330/high-end-contemporary-art-sales-worldwide-by-medium/
