Sales value of the art market in France 2015-2023

The total sales value of the art market in France declined in 2023 over the previous year. Despite the decrease, sales of art and antiques in France, one of the leading art markets worldwide, remained above the figures recorded before the coronavirus (COVID-19) pandemic, amounting to 4.6 billion U.S. dollars in 2023.

What is the sales value of the global art market?

In 2023, the sales value of the art market worldwide totaled 65 billion U.S. dollars, denoting a four percent decline over the previous year. By contrast, the sales volume of the global art market grew over the same period, but did not catch up yet with pre-pandemic levels.

The new normal of online art sales

Total online sales of the art and antiques market worldwide amounted to approximately 12 billion U.S. dollars in 2023, reflecting a seven percent annual increase and remaining significantly higher than in pre-pandemic years. This figure does not include the sales value of art and collectibles NFTs worldwide, which exceeded seven billion U.S. dollars in 2023.