At $180,000 over the first six months of the year, it was higher than the entire year in 2021 ($164,000), with both surpassing averages in pre-pandemic 2019 (at $100,000). Median expenditure by HNW collectors increased in all markets during the first half of 2022, especially in France, Mainland China and Hong Kong. Collectors are optimistic and spending more If cross-border trade continues at this pace for the rest of this year, record levels could be reached by the end of 2022, indicative of confidence in the major art markets. Global imports of art and antiques increased 41% in 2021, with exports up 38%, and double-digit increases continuing into the first half of 2022 compared the same period in 2021. Here we share six key findings from the report, which can be downloaded below.
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