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The Art Basel and UBS Global Art Market Report 2026: Global art sales rose 4% to USD 59.6 billion in 2025

  • Global art sales increased by 4% to USD 59.6 billion in 2025.
  • Auction sales rose 9%, and dealer sales grew by 2%, with art fairs expanding their share to 35% of dealer sales.
  • Sales of artworks priced over USD 10 million grew by 30%, supported by important private collection sales and a strong high price segment.
  • The US, United Kingdom, and China accounted for 76% of global sales, while the Swiss market grew by 13%, and 43% of art dealers expect higher sales in 2026.
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The geopolitical uncertainty linked to the U.S. President Donald Trump's administration in 2025, particularly in relation to tariffs, overshadowed the recovery of the art market, which could have been greater. Art Basel and UBS's report on the Global Art Market 2026, presented this Thursday in London, notes that 56 percent of the dealers surveyed claimed that tariffs and trade barriers affected their business, although 18 percent were unsure of …

Lean Right

Brazil stands out in UBS global survey; negotiations for construction projects are expected to continue rising, including with foreign participation.

·Brazil
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Lean Right

The tenth edition of the Art Basel and UBS Global Art Market Report shows how the central market segments – from galleries and dealers to auction houses and art fairs – stand out under changed economic conditions, a new buyer behaviour and a massive generation change. The conclusion: there is light at the end of the tunnel.

·Düsseldorf, Germany
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ARTnews broke the news in on Thursday, March 12, 2026.
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