In 2024, 194 global auctions featuring paintings generated over five billion U.S. dollars in revenue. This figure represented an annual decline in revenue of roughly 26 percent. Over the same period, the unsold rate at auctions in the painting market increased by 0.4 percentage points.
Key figures on auctions in the painting market worldwide from 2019 to 2024
Data refers to live and hybrid auctions (excluding online-only sales) by Christie’s, Sotheby’s, and Phillips that sold paintings and whose total revenue reached at least one million U.S. dollars.
Figures prior to 2022 were previously published by the source.
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Deloitte. (April 13, 2025). Key figures on auctions in the painting market worldwide from 2019 to 2024 [Graph]. In Statista. Retrieved May 04, 2025, from https://www.statista.com/statistics/1610949/key-figures-auctions-paintings-worldwide/
Deloitte. "Key figures on auctions in the painting market worldwide from 2019 to 2024." Chart. April 13, 2025. Statista. Accessed May 04, 2025. https://www.statista.com/statistics/1610949/key-figures-auctions-paintings-worldwide/
Deloitte. (2025). Key figures on auctions in the painting market worldwide from 2019 to 2024. Statista. Statista Inc.. Accessed: May 04, 2025. https://www.statista.com/statistics/1610949/key-figures-auctions-paintings-worldwide/
Deloitte. "Key Figures on Auctions in The Painting Market Worldwide from 2019 to 2024." Statista, Statista Inc., 13 Apr 2025, https://www.statista.com/statistics/1610949/key-figures-auctions-paintings-worldwide/
Deloitte, Key figures on auctions in the painting market worldwide from 2019 to 2024 Statista, https://www.statista.com/statistics/1610949/key-figures-auctions-paintings-worldwide/ (last visited May 04, 2025)
Key figures on auctions in the painting market worldwide from 2019 to 2024 [Graph], Deloitte, April 13, 2025. [Online]. Available: https://www.statista.com/statistics/1610949/key-figures-auctions-paintings-worldwide/