Jose Sanchez
Research expert covering society, economy, & politics for Latin America
Art market in the United States - statistics & facts
The United States is the biggest art market in the world. The country has dominated this market since the 1960s, with New York acting as its most important hub for domestic and international transactions. When looking at a regional breakdown of the art market worldwide, the U.S. ranked ahead of the United Kingdom and China in 2024, generating over 40 percent of the global sales value of art and antiques. That said, total sales in the U.S. art market reported a nine percent annual decline that year, a trend also seen in the global art market.
