The global art market experienced a decline in 2023, as reported by UBS, with total sales dipping 4% year-on-year to approximately $65 billion. This slowdown followed two years of strong growth, with economic factors like high interest rates, inflation, and political instability
Yayoi Kusama, the renowned Japanese artist, achieved a remarkable milestone in 2023, raking in $80.9 million at auction, surpassing David Hockney to claim the title of the top-selling contemporary artist of the year. According to the latest Hiscox Artist Top 100 report,