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Art market review of 2023: luxury thrives as impressionist art takes a nosedive

With the 'big two' now calling themselves 'art and luxury' auctioneers, the steepest fall in volume of sales was in the impressionist market

Art market review of 2023: luxury thrives as impressionist art slumps

Figures produced by the world’s leading art auctioneers confirm that 2023 was a testing year for the art market, or, as Christie’s CEO Guillaume Cerutti put it when reconciling the minuses with plusses, a “paradoxical” one.

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