The lower-priced sector is also the fastest growing, doubling over the past decade

Travel, shipping and temporary structures all have a huge environmental impact. So some of the biggest fairs, including Frieze, have now committed to monitor and reduce their emissions

As the milestone is celebrated with a joint commission, protestors attack UBS’s record on fossil-fuel investment

New directive aimed at aligning VAT rates, due to come into force at the beginning of 2025, could have a big impact on galleries in countries including France and Germany

We speak to the report’s author, Clare McAndrew, about its findings

Plus, hip hop in Baltimore and Juan de Pareja, the artist enslaved by Velázquez

Total sales grew just 3% in 2022, while China's zero-Covid policies saw UK overtake it as second-biggest market

Demand from collectors remains “extremely resilient”—but survey asks how long can the current model be sustained?

Plus, an exhibition about wartime hideouts in Poland and Ukraine, and Mondrian’s final work Victory Boogie Woogie

Art Basel-UBS report reveals that employment has stabilised and gallery sales are up 10% in first half of 2021

Plus, Dawn Ades on Duchamp and Superflex on Cildo Meireles

Online sales, a growing pool of billionaires and reduced overheads all helped sustain the trade when physical art fairs and auctions all but disappeared

The rise of Big Data means that connoisseurship is being replaced by "intel", which has far-reaching implications for the art world

The latest Art Basel and UBS report makes for uncomfortable reading

Gender parity and behaviour of high net worth collectors are focuses of the study, which calculates market grew to $67.4bn in 2018

But the number of galleries opening over the past ten years has plummeted 87%