Ultra-contemporary art is a sub-segment of the contemporary art market focusing on artists under 40 years old. In the first half of 2023, the United States, Hong Kong, and the United Kingdom accounted for the highest sales of ultra-contemporary art worldwide. Between January and June 2023, public auctions in the U.S. represented nearly a third of revenue by ultra-contemporary artists. Meanwhile, Hong Kong and the UK accounted for 31 percent and 20 percent of that sub-segment's revenue, respectively.
Distribution of auction revenue by ultra-contemporary artists worldwide in 1st half 2023, by auction market
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Other statistics that may interest you Art market in the United States
Overview
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- Premium Statistic Global art market value 2007-2023
- Premium Statistic Global art market share 2023, by country
- Premium Statistic Leading global art markets 2016-2023, by market share
- Premium Statistic Sales value of the art market in the U.S. 2015-2023
- Premium Statistic Value of the UHNWI art and collectible wealth worldwide 2022-2026, by region
- Premium Statistic Median expenditure of HNW collectors on art worldwide 2021-H1 2023, by market
Art trade
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- Premium Statistic Value of works of art imported into the U.S. 2011-2023
- Premium Statistic Value of works of art imported into the U.S. 2023, by country of origin
- Premium Statistic Value of works of art exported from the U.S. 2011-2023
- Premium Statistic Value of works of art exported from the U.S. 2023, by destination
- Premium Statistic Share of global art and antiques import value 1985-2022, by country and territory
- Premium Statistic Share of global art and antiques export value 1985-2022, by country and territory
Online art market
3
Auctions
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- Premium Statistic Sales value at public auctions of art and antiques in the U.S. 2010-2023
- Premium Statistic Revenue at fine art and NFT auctions worldwide 2023, by country
- Basic Statistic Global distribution of Post-War and Contemporary art auction revenue 2023
- Basic Statistic Revenue share of ultra-contemporary art worldwide H1 2023, by market
- Premium Statistic Total sales of selected leading auction houses worldwide 2022-2023, by location
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Artprice. (October 13, 2023). Distribution of auction revenue by ultra-contemporary artists worldwide in 1st half 2023, by auction market [Graph]. In Statista. Retrieved June 10, 2024, from https://www.statista.com/statistics/1340664/geographical-breakdown-revenue-ultra-contemporary-artists-worldwide/
Artprice. "Distribution of auction revenue by ultra-contemporary artists worldwide in 1st half 2023, by auction market." Chart. October 13, 2023. Statista. Accessed June 10, 2024. https://www.statista.com/statistics/1340664/geographical-breakdown-revenue-ultra-contemporary-artists-worldwide/
Artprice. (2023). Distribution of auction revenue by ultra-contemporary artists worldwide in 1st half 2023, by auction market. Statista. Statista Inc.. Accessed: June 10, 2024. https://www.statista.com/statistics/1340664/geographical-breakdown-revenue-ultra-contemporary-artists-worldwide/
Artprice. "Distribution of Auction Revenue by Ultra-contemporary Artists Worldwide in 1st Half 2023, by Auction Market." Statista, Statista Inc., 13 Oct 2023, https://www.statista.com/statistics/1340664/geographical-breakdown-revenue-ultra-contemporary-artists-worldwide/
Artprice, Distribution of auction revenue by ultra-contemporary artists worldwide in 1st half 2023, by auction market Statista, https://www.statista.com/statistics/1340664/geographical-breakdown-revenue-ultra-contemporary-artists-worldwide/ (last visited June 10, 2024)
Distribution of auction revenue by ultra-contemporary artists worldwide in 1st half 2023, by auction market [Graph], Artprice, October 13, 2023. [Online]. Available: https://www.statista.com/statistics/1340664/geographical-breakdown-revenue-ultra-contemporary-artists-worldwide/