Number of online-only auctions by Christie's, Sotheby's, and Phillips 2019-2023

Published by Statista Research Department, Apr 8, 2024

The combined number of online-only auctions organized by Christie's, Sotheby's, and Phillips worldwide declined in 2023 compared to the previous year. After increasing sharply in 2020 with the onset of the coronavirus (COVID-19) pandemic, the combined number of online-only auctions held by the three companies experienced a decreasing trend in the following years. That said, it remained significantly higher than the pre-pandemic figures, totaling 464 in 2023.

Combined number of online-only auctions held by Christie's, Sotheby's, and Phillips worldwide from 2019 to 2023

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Release date

March 2024

Region

Worldwide

Survey time period

2019 to 2023

Supplementary notes

Data was compiled by Statista based on the following sources:

Figures for 2019 and 2020: Art & Finance Report 2021, page 48 (Deloitte, Art Tactic).

2021 and 2022 data: The Art Market 2023, page 157 (Art Basel, UBS, Arts Economics).

2023 data was estimated by Statista based on the figures provided in the following studies: The Art Basel & UBS Art Market Report 2024, pages 146 to 148 and The Art Market 2023, pages 159 and 160 (Art Basel, UBS, Arts Economics).

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