Analysis
By the Numbers: The Art Market Reality Check Has Arrived Halfway Through 2023
Find out exactly how much the art market has contracted so far this year.
![20th/21st Century London Evening Sale at Christies, London, June 28, 2023. Courtesy Christie's. 20th/21st Century London Evening Sale at Christies, London, June 28, 2023. Courtesy Christie's.](https://news.artnet.com/app/news-upload/2023/08/Artnet-IR-MY23-By-the-Numbers-Lead-Image-1024x555.png)
Find out exactly how much the art market has contracted so far this year.
Julia Halperin
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This article is part of the Artnet Intelligence Report Mid-Year Review 2023. Marking five years of our biannual Intelligence Reports, this inaugural half-year edition paints a data-driven picture of today’s art world, from the latest market results to the artists and artworks leading the conversation. Read the full report here.