The art marketa sector that guarantees relative security for investments, demonstrated a remarkable capacity for recovery during 2021. Last March, this newspaper, based on the study The Art Marketfrom Art Basel and UBS, gave evidence that during the previous year the sale of art pieces recovered by 30% after the slump of 2020.
The study reports that paintings dominate the market with 23%, followed by sculptures and works on paper, with 12% respectively. It is noteworthy that digital art climbed to 15% of the market and 9% corresponds to the NFT’s market.
According to the site nonfungible.com, the value of the art market linked to NFTs jumped from $4.6 million in 2019 to $11.1 billion in 2022, mainly due to the boom of previous years.
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