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Art market’s return to growth threatened by geopolitical volatility

Worldwide sales edged up 4% to $59.6bn in 2025 after two years of decline

The global art market returned to growth in 2025 after two years of slumping sales, according to a new study, although experts warned the recovery was threatened by geopolitical volatility.

Worldwide sales of art and antiques edged up 4 per cent to $59.6bn last year, according to the latest Art Basel & UBS Art Market Report that was published on Thursday.

The rise reflected an increase in the number of works sold at auction for more than $10mn in 2025, the report said, as the global economy stabilised and buyer confidence returned.

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