The Art Market Report 2021

Art Basel and UBS have published their fifth annual Global Art Market Report, authored by the renowned cultural economist Clare McAndrew. McAndrew joins Noah Horowitz, Americas director at Art Basel, and UBS Global Wealth Management chief economist Paul Donovan to discuss the findings. The report integrates insight from a recent survey of more than 2,500 high-net-worth collectors across 10 markets – including mainland China for the first time – as well as data from UBS Evidence Lab. A comprehensive and macro-level analysis of the global art market in 2020, the report analyzes how the coronavirus pandemic has impacted the market and identifies key trends that will shape this year and beyond.