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INDEX ↑ INTRODUCTION 1. THE ART MARKET 2. DEALERS 3. AUCTIONS 4.

OUTLOOK

I would like to thank Pauline Loeb-Obrenan from artfairmag.com for giving us access to her
comprehensive database on art fairs and for her valuable insights on this sector. Sincerest
thanks also to Ani Petrov and Alexander Forbes from Artsy for their help with compiling and
analysing some fascinating data from their network of galleries, auction houses, and artists.
Data on NFTs was supplied by NFT18.com and I am very grateful to Gauthier Zuppinger for
the data and insights.

In addition, very special thanks to the expert authors who shared their invaluable
perspectives in this report: Till Vere-Hodge at Payne Hicks Beach LLP and Katalin Andreides,
Angell Xi at Jingtian & Gongcheng, Dr. Huang Jun, Dr. Zhang Rui, and Xiaoming Zhang at
W. Ming art.

Finally, my many thanks to Noah Horowitz and the team at Art Basel for their help in editing
and producing the report, and to Tamsin Selby and UBS for their continued support of this
research.

Dr. Clare McAndrew


Arts Economics

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