"By the end of 2025, 43 percent of art dealers expected sales to improve in the coming year, up 10 percentage points from the previous survey. Still, the survey's findings reveal patchy recovery as rising costs and ongoing trade barriers prove trying for galleries."
Art market sentiment improved heading into 2026, with 43 percent of dealers anticipating sales growth, a 10 percentage point increase from the previous survey according to the Art Basel and UBS Global Art Market Report. However, recovery remains inconsistent across the sector, as galleries face challenges from rising operational costs and persistent trade barriers. Notable developments include the Van Gogh Museum's acquisition of a rare 19th-century painting by Virginie Demont-Breton at TEFAF Maastricht, and sculptor Alma Allen joining Perrotin gallery ahead of his Venice Biennale debut.
Read at Artnet News
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