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The impact of COVID-19 on the art market

The COVID-19 crisis has had an unprecedented impact on the art market, shuttering galleries and museums. Exhibitions, art fairs,&nbsp;and auctions have either been postponed or have moved online. What will the mid- and long-term consequences of the crisis be for the art market? What lessons can we learn from the past, and what innovations might tomorrow's art market bring?&nbsp;On Tuesday, 19 May, 2020, Art Basel and UBS&nbsp;hosted&nbsp;an expert&nbsp;panel to address the key questions facing today's art market.&nbsp;Panelists: Paul Donovan, Global Wealth Management Chief Economist, UBS Noah Horowitz, Director Americas, Art Basel Dr. Clare McAndrew, Founder, Arts EconomicsModerator: Melanie Gerlis, Art Market Columnist, Financial TimesThe full, detailed findings of The Art Market 2020 – the only annual, comprehensive analysis of an industry valued at $64.1 billion, authored by cultural economist Dr. Clare McAndrew and published by Art Basel and UBS&nbsp;–&nbsp;can be viewed&nbsp;<a href="https://www.artbasel.com/about/initiatives/the-art-market " target="_blank">here</a>.

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Discover the findings of The Art Market, an annual analysis of the most important developments and highlights of the international market.

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An expert panel hosted by Art Basel and UBS discusses what past crises can teach us about the future

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The impact of COVID-19 on the art market

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