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Art Basel and UBS Global Art Market Report

The Art Basel and UBS Global Art Market Report is an annual survey on the state of the global art market produced by Dr Clare McAndrew, founder of Art Economics.

It assesses the aggregate performance of auction houses, dealers, art fairs and online sales, drawing conclusions on the overall direction of the art market.


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The latest market forces reflected in Art Basel’s 'The Art Market 2018 Report'

26 March 2018

The global report delivers the bigger picture for auctions and dealers but there are findings relevant to the mid- and lower-markets too.

Art Basel

China overtakes the UK as high-end sales dominate the global art market

14 March 2018

The global art market grew by 12% in 2017 with the expansion driven by high-end sales as China overtook the UK as the second largest market, according to Dr Clare McAndrew’s latest report.

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Dr Clare McAndrew: ‘It is very challenging to measure the art market’

25 March 2017

It is not often that market economists agree, and so it goes with the TEFAF Art Market Report’s current and previous authors. Economics is, after all, not an exact science and analysing a market as opaque as art and antiques is certainly problematic.

Dr Clare McAndrew

TEFAF to maintain annual art market report as Clare McAndrew joins Contemporary fair

21 June 2016

TEFAF have said they still will maintain an annual art market report despite losing the services of Dr Clare McAndrew who is joining up with Art Basel.

Clare McAndrew leaves TEFAF to sign with Art Basel

14 June 2016

Economist and author of the annual TEFAF Art Market Report Clare McAndrew has left TEFAF to join with Art Basel, it has been announced.