A 2023 study compared the median expenditure of high net worth (HNW) collectors on art and antiques, focusing on a series of global art markets. Overall, HNW art collectors from Mainland China recorded the highest figure in the first half of 2023, with median spending of 241 thousand U.S. dollars. HNW collectors from Italy followed behind, with median expenditures in the art market of 63 thousand U.S. dollars in the first six months of 2023.
Median expenditure of high net worth (HNW) collectors on art and antiques in selected art markets worldwide from 2021 to 1st half 2023 (in 1,000 U.S. dollars)
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Other statistics that may interest you Art market worldwide
Overview
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Online art market
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- Premium Statistic Global online sales of the art and antiques market 2013-2023
- Premium Statistic Growth rate of online sales in the art and antiques market worldwide 2014-2023
- Premium Statistic Share of global art buyers who bought art via online channels 2014-2022
- Premium Statistic Sales value of art and collectibles NFTs worldwide 2019-2023
- Premium Statistic NFT sales in the art segment worldwide in the last 30 days May 2024, by type
- Premium Statistic NFT sales value in the art segment worldwide in the last 30 days May 2024
Auctions
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- Premium Statistic Sales value at public auctions of art and antiques worldwide 2011-2023
- Premium Statistic Revenue at fine art and NFT auctions worldwide 2023, by country
- Premium Statistic Global fine art auction revenue distribution 2023, by sector
- Basic Statistic Leading artists worldwide 2023, by auction revenue
- Premium Statistic Leading Post-War artists worldwide 2023, by auction revenue
- Premium Statistic Leading ultra-contemporary artists H1 2023, by auction revenue
- Premium Statistic Leading Old Masters artists worldwide 2023, by auction revenue
- Premium Statistic Leading fine art auction sales worldwide 2023, by price realized
Auction houses
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- Premium Statistic Leading auction houses worldwide 2023, by sales value
- Premium Statistic Fine art auction revenue of selected leading auction houses 2023
- Premium Statistic Global sales of Christie's 2006-2023
- Premium Statistic Global sales of Sotheby's 2004-2023
- Premium Statistic Global sales of Heritage Auctions 2017-2023
- Premium Statistic Global sales of Phillips auction house 2016-2023
Art dealers
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- Premium Statistic Share of art dealer sales value worldwide 2020-2023, by channel
- Premium Statistic Share of global art dealer sales 2023, by buyer type
- Premium Statistic Leading challenges for art dealers worldwide 2023-2024
- Premium Statistic Businesses in the art dealer industry in the U.S. 2013-2023
Art collectors
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- Premium Statistic Value of the UHNWI art and collectible wealth worldwide 2022-2026, by region
- Premium Statistic Share of affluent consumers buying art and collectibles worldwide Q4 2023, by age
- Premium Statistic Share of works held in HNW art collections globally H1 2023, by medium
- Premium Statistic Median expenditure of HNW collectors on art worldwide 2021-H1 2023, by market
- Premium Statistic Leading channels used by HNW art collectors to purchase art worldwide H1 2023
- Premium Statistic Art buying preferences worldwide 2014-2022, by purchasing method
- Premium Statistic Art buyers' main motivations for purchasing art worldwide 2020-2023
Further related statistics
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- Leading global artists based on domestic auction turnover Japan 2019
- Leading Japanese artists based on domestic auction turnover Japan 2019
- Sales of art and antiques by dealers and auction houses U.S. 2003-2013
- Distribution of global art trade spending on selected ancillary services 2015
- African contribution to the art market worldwide 2018-2023
- Market share of fine art auction sectors in the U.S. in 2013, by value
- Average auction prices for fine art in the U.S. 2008-2015
- Middle Eastern contribution to the art market worldwide 2018-2023
- Sales value of the global art market 2005-2016
- Asian contribution to the art market worldwide 2018-2023
- Distribution of art and antique auction houses in the U.S. in 2013, by state
- Global art: average sales 2017-2019, by sector
Further Content: You might find this interesting as well
Statistics
- Leading global artists based on domestic auction turnover Japan 2019
- Leading Japanese artists based on domestic auction turnover Japan 2019
- Sales of art and antiques by dealers and auction houses U.S. 2003-2013
- Distribution of global art trade spending on selected ancillary services 2015
- African contribution to the art market worldwide 2018-2023
- Market share of fine art auction sectors in the U.S. in 2013, by value
- Average auction prices for fine art in the U.S. 2008-2015
- Middle Eastern contribution to the art market worldwide 2018-2023
- Sales value of the global art market 2005-2016
- Asian contribution to the art market worldwide 2018-2023
- Distribution of art and antique auction houses in the U.S. in 2013, by state
- Global art: average sales 2017-2019, by sector
Art Basel, & UBS. (November 2, 2023). Median expenditure of high net worth (HNW) collectors on art and antiques in selected art markets worldwide from 2021 to 1st half 2023 (in 1,000 U.S. dollars) [Graph]. In Statista. Retrieved June 05, 2024, from https://www.statista.com/statistics/1269328/expenditure-of-high-net-worth-collectors-on-art-worldwide-by-country/
Art Basel, und UBS. "Median expenditure of high net worth (HNW) collectors on art and antiques in selected art markets worldwide from 2021 to 1st half 2023 (in 1,000 U.S. dollars)." Chart. November 2, 2023. Statista. Accessed June 05, 2024. https://www.statista.com/statistics/1269328/expenditure-of-high-net-worth-collectors-on-art-worldwide-by-country/
Art Basel, UBS. (2023). Median expenditure of high net worth (HNW) collectors on art and antiques in selected art markets worldwide from 2021 to 1st half 2023 (in 1,000 U.S. dollars). Statista. Statista Inc.. Accessed: June 05, 2024. https://www.statista.com/statistics/1269328/expenditure-of-high-net-worth-collectors-on-art-worldwide-by-country/
Art Basel, and UBS. "Median Expenditure of High Net worth (Hnw) Collectors on Art and Antiques in Selected Art Markets Worldwide from 2021 to 1st Half 2023 (in 1,000 U.S. Dollars)." Statista, Statista Inc., 2 Nov 2023, https://www.statista.com/statistics/1269328/expenditure-of-high-net-worth-collectors-on-art-worldwide-by-country/
Art Basel & UBS, Median expenditure of high net worth (HNW) collectors on art and antiques in selected art markets worldwide from 2021 to 1st half 2023 (in 1,000 U.S. dollars) Statista, https://www.statista.com/statistics/1269328/expenditure-of-high-net-worth-collectors-on-art-worldwide-by-country/ (last visited June 05, 2024)
Median expenditure of high net worth (HNW) collectors on art and antiques in selected art markets worldwide from 2021 to 1st half 2023 (in 1,000 U.S. dollars) [Graph], Art Basel, & UBS, November 2, 2023. [Online]. Available: https://www.statista.com/statistics/1269328/expenditure-of-high-net-worth-collectors-on-art-worldwide-by-country/