The global art market made a strong recovery in 2021, with sales of art and antiques reaching an estimated US$65.1 billion—an increase of 29 per cent from 2020—according to the Art Basel and UBS Global Art Market Report 2022. High‑net‑worth collectors also bought more art and antiques in 2021 than they did in the previous year, as indicated in a UBS Investor Watch and Arts Economics survey.
This is good news for the organisers of Art SG, a new contemporary art fair set to take place in Singapore from January 12 to 15, 2023 (with
