Global sales in the art and antiques market declined by roughly ** percent in 2024 over the previous year, totaling **** billion U.S. dollars. That said, the sales volume in the art market worldwide reported an annual increase of ***** percent in 2024. The new normal of the online art market With the onset of COVID-19, auction houses and art dealers strengthened their digital departments to cope with the lockdowns and closures enforced due to the pandemic. As a result of the digital boost, online sales of the art and antiques market worldwide skyrocketed in 2020 and remained way above pre-pandemic levels in the following years. Despite an annual decline, this trend continued in 2024, with online art sales exceeding ** billion U.S. dollars. How big is the global art auction market? In 2024, the total sales value at global auctions of art and antiques, including public and private sales, amounted to over ** billion U.S. dollars. While public sales decreased significantly over the previous year, private sales grew by around ** percent, surpassing **** billion U.S. dollars.
As of May 2025, the market cap of Art Blocks NFT projects available on the Ethereum blockchain and listed on OpenSea was worth roughly ***** million U.S. dollars. Art Blocks is an online art platform that focuses on generative art. It allows users to pick a style and randomly generate on the Ethereum blockchain different combinations of NFT-based digital artworks via an algorithm.
As of May 2025, Chromie Squiggle by Snowfro was the non-fungible token (NFT) collection in the art segment with the highest market capitalization, at roughly *** million U.S. dollars. Chromie Squiggle is part of Art Blocks, an online art platform founded by artist Snowfro that focuses on generative art.
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Global Arts market size is expected to reach $696.16 billion by 2029 at 5.9%, segmented as by type, museums, historical sites, zoos, and nature parks, independent artists and performing art companies, sports and arts promoters
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Electronic Arts Inc. develops, markets, publishes, and distributes games, content, and services for game consoles, PCs, mobile phones, and tablets worldwide. It develops and publishes games and services across various genres, such as sports, racing, first-person shooter, action, role-playing, and simulation primarily under the Battlefield, The Sims, Apex Legends, Need for Speed, and license games from others, including FIFA, Madden NFL, UFC, and Star Wars brands. The company licenses its games to third parties to distribute and host its games. It markets and sells its games and services through digital distribution and retail channels, as well as directly to mass market retailers, specialty stores, and distribution arrangements. Electronic Arts Inc. was incorporated in 1982 and is headquartered in Redwood City, California.
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Seven Arts Entertainment market cap as of June 29, 2025 is $0B. Seven Arts Entertainment market cap history and chart from 2011 to 2024. Market capitalization (or market value) is the most commonly used method of measuring the size of a publicly traded company and is calculated by multiplying the current stock price by the number of shares outstanding.
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Electronic Arts EA reported $44.84B in Market Capitalization this August of 2025, considering the latest stock price and the number of outstanding shares.Data for Electronic Arts EA | EA - Market Capitalization including historical, tables and charts were last updated by Trading Economics this last August in 2025.
The United States was the leading art market worldwide in 2024, generating ** percent of the global art market value. That year, the United Kingdom ranked second, accounting for ** percent of global sales. China followed in third place, representing ** percent of the market. How much is the global art market worth? In 2024, the sales value of the art market worldwide amounted to almost ** billion U.S. dollars, reporting a decline over the previous year. In contrast, the volume of transactions in the global art market experienced an annual increase in 2024, catching up with pre-pandemic levels. What is the value of online art sales? With most in-person sales and events being canceled or rescheduled during the pandemic, art dealers, fairs, and auction houses strengthened their digital departments, causing a boost in global online sales of the art and antiques market. While the value generated by online art transactions decreased in 2024 over the previous year, it remained way above pre-pandemic levels, exceeding ** billion U.S. dollars.
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As per Cognitive Market Research's latest published report, the Global Online Art market size was $14.38 Billion in 2022 and it is forecasted to reach $23.79 Billion by 2030. Online Art Industry's Compound Annual Growth Rate will be 6.5% from 2023 to 2030. Market Dynamics of Online Art Market
Key Drivers of Online Art Market
The Growing Adoption of Smart Devices and Internet Connectivity: The extensive utilization of smartphones, tablets, and high-speed internet has enhanced the accessibility of online platforms for both artists and buyers. Consumers are now able to explore, purchase, and view art from any location across the globe, which has significantly increased traffic and transactions on online art marketplaces.
Expanded Audience Reach and Global Accessibility: Online platforms enable artists to present their work to a worldwide audience, eliminating geographical barriers. Collectors and buyers can uncover a variety of artwork and emerging artists from around the globe, resulting in greater visibility, increased sales volume, and enhanced revenue streams for the art community.
Key Restraints in Online Art Market
Shipping and Handling Challenges: Artworks—particularly those that are large, delicate, or of considerable value—present significant difficulties and costs associated with packaging, shipping, and insuring. Regulations for cross-border transactions, delays at customs, and the risk of damage during transportation create substantial operational obstacles to expanding online art sales.
Trust and Authenticity Concerns: The absence of an in-person inspection experience in online purchases leads to increased caution among buyers regarding the authenticity and condition of the artwork. Issues related to forgeries, misrepresentation, and the lack of physical interaction may discourage potential customers from purchasing art online.
Key Trends of Online Art Market
The Rise of Specialized Online Art Platforms: Dedicated online marketplaces that focus on particular art forms, cultural areas, or artist communities are becoming increasingly popular. These platforms frequently offer curated collections and narrative elements that improve the purchasing experience and foster trust.
Increasing Interest from Developing Economies: With the growth of disposable income, internet literacy, and cultural appreciation in developing regions, there is a growing interest in global art. Artists from these regions are leveraging online platforms to achieve international visibility, while collectors are seeking out online markets to find unique and culturally significant artworks.
Impact of COVID-19 Pandemic on Online Art Market:
The COVID-19 pandemic has had a significant impact on the overall art market and online art sector is one of the most affected due to the lockdown and closing of borders. The market for online art has dropped enormously in COVID-19 pandemic. The lockdown situation, focused on healthcare industry and economic uncertainty are the other factors responsible for the dropped of online art market. In addition, pandemic has accelerated the trend towards online shopping, and this has also impacted the art market. Many art lovers are comfortable buying art online. Introduction of Online Art:
Online art deals with art that buyers and sellers trade via the internet in works of art, antiques, digital artworks, and collectibles that are commonly associated with the arts and culture sector. Online art form circumvents the traditional dominance of the physical gallery and museum system. Artists working in this sector are sometimes referred to as net artists.
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The Online Fine Art Market Report is Segmented by Price Range (Less Than USD 5k, USD 5k To USD 50k, USD 50k To USD 250k, USD 250k To USD 1 Million, and More), Channel (Dealers, Auctions), Medium (Painting, Sculptures, Photography, Digital/NFT, and More), Sector (Post-War and Contemporary, Modern, Impressionist and Post Impressionist, Old Masters, and More), and Geography. The Market Forecasts are Provided in Terms of Value (USD).
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Fine Art Insurance Market size was valued at USD 368.54 Million in 2023 and is projected to reach USD 587.93 Million by 2030, growing at a CAGR of 6.9% during the forecast period 2024-2030.
Global Fine Art Insurance Market Drivers
The market drivers for the Fine Art Insurance Market can be influenced by various factors. These may include:
Increasing Value of Art: The need for insurance coverage to guard against monetary loss due to theft, damage, or loss is driven by the rising value of fine art and collectibles around the world. Auctions, high-profile art sales, and prices that break records all contribute to the rising need for fine art insurance.
increasing Art Market: The world's art market is still increasing, driven by rising affluence, a greater appreciation for art, and a growing interest in culture. The demand for insurance protection to protect priceless art collections rises in tandem with the number of people and institutions making art investments.
Wealth Building and Asset Protection: Collectors and high-net-worth individuals see art as a store of value and an investment. Fine art insurance ensures the preservation of priceless objects by offering financial protection against unanticipated dangers including fire, theft, vandalism, and natural catastrophes.
Art Loans and exhibits: Art is frequently loaned for exhibits, loans, and temporary displays by museums, galleries, and private collectors. It is imperative to have fine art insurance coverage to safeguard loaned artworks from any loss or damage during transportation and exhibition.
Globalization of Art Transactions: There have been more international exhibitions, cross-border transactions, and art transportation as a result of the art market's globalization. Specialized coverage, such as transit policies and marine cargo insurance, is provided by fine art insurance companies for artworks in transit.
Specialist Insurance Products: To meet the specific requirements of art dealers, galleries, museums, auction houses, and collectors, insurance companies provide specialist fine art insurance products. These products might cover cyber threats, title disputes, restoration charges, and forgeries.
Risk Reduction and Loss Prevention: In the fine art insurance industry, risk management techniques are essential. Insurance companies collaborate with their clients to identify risks, put security measures in place, and reduce the possibility of losses involving artwork by implementing preventive measures including climate control, surveillance, and secure storage facilities.
Regulatory Compliance and Due Diligence: In the art insurance business, adhering to legal and regulatory standards, including provenance research, authentication, and due diligence, is crucial. Documentation and certification may be required by insurance underwriters in order to confirm the legitimacy and provenance of insured artworks.
Technology and Data Analytics: The fine art insurance market is changing as a result of technological advancements in areas like blockchain, digital imaging, and data analytics. By facilitating better risk assessment, claims processing, and asset monitoring, these technologies increase the insurance process's efficiency and transparency.
Catastrophic Events and Climate Risks: Art collections, especially those kept in exposed areas or areas susceptible to natural catastrophes, are at risk from climate change and extreme weather events. Provisions for climate-related risks and catastrophe coverage to guard against unanticipated disasters may be included in fine art insurance coverage.
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The global art market size reached approximately USD 73.43 Billion in 2024. The market is projected to grow at a CAGR of 3.10% between 2025 and 2034, reaching a value of around USD 99.65 Billion by 2034.
The total sales value of the art market in the United States declined by roughly nine percent in 2024 over the previous year, amounting to **** billion U.S. dollars. That year, the United States was the leading art market worldwide, accounting for over ** percent of the global art market value.
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The DIY art paintings market for wall decoration, currently valued at $17,520 million in 2025, is projected to experience robust growth, driven by a rising preference for personalized home décor and the increasing popularity of artistic expression as a hobby. The market's Compound Annual Growth Rate (CAGR) of 4.9% from 2019 to 2024 suggests a steady upward trajectory, which is expected to continue through 2033. This growth is fueled by several key factors. The expanding online sales channels provide easy access to a wider range of products and supplies, catering to both novice and experienced artists. Emerging trends like minimalist aesthetics and bold color palettes are influencing design choices, further boosting demand for DIY painting kits and supplies. Furthermore, the increasing availability of high-quality, affordable materials, particularly within the diverse color options (red, blue, white, yellow, green, and other colors), contributes to market expansion. While specific restraints are not provided, potential challenges could include fluctuating raw material costs and increasing competition from established brands and smaller artisan businesses. Market segmentation reveals a strong demand across various applications, with both online and offline sales channels contributing significantly to the overall market value. The geographical distribution of the market is diverse, with significant contributions from North America, Europe, and Asia Pacific. Major players like ALTANA, BASF, and Sun Chemical are shaping the market landscape through innovation in pigment technology and product offerings. Future growth will likely be influenced by technological advancements in paints and finishes, the rise of online art communities and tutorials, and the integration of sustainable and eco-friendly materials. The continued expansion of this market signifies the growing importance of self-expression and personalized home decoration in modern lifestyles.
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The Digital Art Market Report is Segmented by Type (Digital Collage, Digital Painting, Generative Art, 3D Modeling and Sculptures, and More), Medium (2D Illustration, 3D Illustration, Animation and Motion Graphics, and More), Technology (Traditional Digital Tooling, Blockchain/NFT-Enabled and More), Sales Channel (Online Marketplaces and More), and Geography. The Market Forecasts are Provided in Terms of Value (USD).
According to our latest research, the global fine art market size reached USD 68.3 billion in 2024, reflecting a robust position within the cultural and luxury goods sectors. The market is experiencing a steady compound annual growth rate (CAGR) of 5.7% from 2025 to 2033. By the end of 2033, the fine art market is forecasted to attain a value of USD 112.4 billion, fueled by increasing global wealth, the proliferation of digital sales channels, and a rising appreciation for art as both an investment and a cultural asset. This growth is underpinned by evolving consumer preferences, technological advancements, and the expanding influence of emerging economies in the global art ecosystem.
One of the primary growth factors in the fine art market is the diversification of sales channels, particularly the surge in online platforms. The digital transformation of the art world has democratized access, enabling collectors and enthusiasts from geographically diverse locations to participate in auctions and purchase works from renowned galleries. The COVID-19 pandemic acted as a catalyst, accelerating the adoption of online sales, which now account for a significant share of overall transactions. This shift has not only broadened the audience base but also introduced innovative tools such as virtual viewing rooms, augmented reality previews, and blockchain-based provenance verification, further enhancing buyer confidence and transparency in the market. As digital literacy continues to rise globally, the fine art market is poised to benefit from the seamless integration of technology into the traditional art buying experience.
Another key driver is the expanding demographic of art collectors, especially among younger generations and high-net-worth individuals in emerging economies. Millennials and Generation Z are increasingly viewing art as a viable alternative investment, motivated by both aesthetic appreciation and the potential for financial returns. This trend is particularly pronounced in regions such as Asia Pacific and the Middle East, where rapid economic growth and cultural investment have fostered a burgeoning class of collectors. Institutions and corporations are also playing a more prominent role, acquiring fine art to enhance their brand image, diversify investment portfolios, and support cultural heritage initiatives. The growing institutional demand, coupled with private acquisitions, is contributing to the sustained momentum of the global fine art market.
Additionally, the fine art market is being shaped by a heightened focus on provenance, authenticity, and sustainability. Buyers are increasingly seeking transparency regarding the origin and history of artworks, prompting market players to invest in advanced tracking technologies and rigorous authentication processes. This emphasis on due diligence is critical in maintaining market integrity and addressing concerns related to forgery, illicit trade, and ethical sourcing. Furthermore, there is a rising awareness of the environmental impact of art production and transportation, driving demand for sustainable materials and practices. These evolving consumer expectations are compelling galleries, auction houses, and artists to adopt more responsible and transparent business models, which in turn are enhancing the overall credibility and appeal of the fine art market.
From a regional perspective, North America continues to dominate the fine art market, accounting for the largest share of global sales, followed closely by Europe. The Asia Pacific region, however, is emerging as a dynamic growth engine, driven by increasing wealth, cultural investments, and a growing number of art fairs and exhibitions. China, in particular, has established itself as a major hub for both contemporary and traditional art, attracting international attention and investment. Meanwhile, markets in Latin America, the Middle East, and Africa are gradually gaining prominence, supported by supportive government policies, rising cultural tourism, and the establishment of world-class museums and galleries. This regional diversification is contributing to the resilience and vibrancy of the global fine art market, ensuring sustained growth in the years ahead.
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The independent artists market, encompassing visual and performing arts, is a dynamic sector poised for significant growth. With a 2025 market size of $104.61 million and a projected Compound Annual Growth Rate (CAGR) of 7.46% from 2025 to 2033, the market demonstrates considerable potential. Growth is fueled by several key factors. The increasing accessibility of online platforms for artist promotion and sales directly to consumers is a significant driver, bypassing traditional gatekeepers and expanding reach. Furthermore, a rising appreciation for unique, handcrafted, and personalized artworks, along with a growing demand for diverse cultural experiences in the performing arts, further strengthens market demand. The market is segmented by art type (visual and performing) and end-user (individual and commercial). Commercial users, encompassing galleries, museums, and event organizers, represent a crucial segment, driving bulk purchasing and impacting market value. While data on specific regional breakdowns is unavailable, logical estimation suggests that North America and Europe will dominate the market initially, given the established art infrastructure and consumer spending patterns, with Asia Pacific experiencing faster growth over the forecast period due to burgeoning middle classes and increased cultural investment. Constraints on market growth could stem from economic downturns that reduce consumer discretionary spending, particularly impacting the individual user segment, and challenges faced by independent artists in marketing and reaching wider audiences. The competitive landscape is characterized by a diverse mix of individual artists and smaller organizations alongside larger players. Established players like CJ Corp, Cineworld Group, and AMC Entertainment Holdings (primarily in the film and performing arts segments) indicate the potential for consolidation and strategic partnerships in the future. The presence of prominent performing arts institutions like the Metropolitan Opera and the Bolshoi Theatre signals the intertwining of established and independent artistic endeavors. Successful growth strategies for independent artists will likely focus on effective digital marketing, building strong online brand presence, cultivating direct relationships with consumers, and collaborating with other artists and organizations to gain wider exposure and resources. The long-term outlook for the independent artist market remains positive, contingent on consistent innovation, supportive policy environments, and the continued embrace of art and culture by consumers and businesses alike. This comprehensive report provides an in-depth analysis of the Independent Artists Market, offering valuable insights into market trends, growth drivers, challenges, and future projections. With a study period spanning 2019-2033, a base year of 2025, and a forecast period of 2025-2033, this report is an essential resource for businesses, investors, and anyone seeking to understand this dynamic sector. The report covers key segments including Visual Arts and Performing Arts, catering to both Individual and Commercial users. The market is expected to witness significant growth, driven by several factors detailed within. Recent developments include: January 2023: AMC Entertainment Holdings, Inc., the largest theatrical exhibitor in the United States, in Europe & the Middle East, and the world, announced that following the successful launch of movie theatre operations in the Kingdom of Saudi Arabia in partnership with Saudi Entertainment Ventures (SEVEN), the Company has reached an agreement to transition from a management and investment role in the Saudi Cinema Company (SCC) to a pure licensing relationship., December 2022: Kinepolis Group NV acquired Les Cinémas Pathé Gaumont from Pathé SAS. Following this acquisition, Kinepolis France now operates 15 Kinepolis cinemas and one Arthouse cinema named Klub, with a total of 176 screens and over 40,000 seats.. Notable trends are: Visual Arts Segment Dominated the Market.
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The global NFT art market size was valued at $3.5 billion in 2023 and is projected to reach $36.6 billion by 2032, growing at a compound annual growth rate (CAGR) of 29.5% during the forecast period. The significant growth factor driving this market is the increasing adoption of blockchain technology and the rising interest in digital ownership.
One of the key growth factors in the NFT art market is the burgeoning interest in digital ownership and the concept of scarcity in the digital space. Blockchain technology enables the creation and verification of unique digital assets, which can be owned, sold, and traded in a manner similar to physical art. This technological innovation has provided artists with a new medium to monetize their work and reach a global audience. Furthermore, the decentralization aspect of blockchain ensures that artists can retain more control and profit over their work compared to traditional art markets.
The increasing investments from venture capitalists and institutional investors are also fueling the growth of the NFT art market. High-profile sales and endorsements by celebrities and influencers have brought significant attention to this market, encouraging more individuals and entities to invest. This influx of capital is not only boosting the market value but also encouraging the development of more robust and user-friendly platforms for creating, selling, and buying NFT art. Additionally, advancements in smart contract technology are enhancing the security and transparency of transactions, further instilling confidence among investors and users.
Another critical driver is the democratization of art ownership and participation. NFTs are breaking down the traditional barriers of the art world, allowing a broader range of artists to showcase their talent and reach potential buyers regardless of geographical constraints. This inclusivity is opening up new revenue streams for artists from underrepresented regions and communities. Additionally, the ability to fractionalize ownership of high-value NFTs is making art investment accessible to a wider audience, thereby broadening the market base.
From a regional perspective, North America is currently leading the NFT art market, driven by high technological adoption rates and the presence of major NFT platforms and marketplaces. Europe and Asia Pacific are also emerging as significant markets, with increasing interest from both creators and collectors. The Asia Pacific region, in particular, is expected to witness the highest growth rate during the forecast period, fueled by rapid digitalization and a growing base of tech-savvy consumers.
The NFT art market can be segmented by type into Digital Art, Music, Video, Collectibles, and Others. Digital art is currently the most dominant segment, driven by the ease of creating, sharing, and selling digital artworks. This segment benefits immensely from the rising adoption of digital platforms and the growing popularity of digital artists who use various software and tools to create unique pieces of art. The flexibility and limitless potential of digital mediums make it an attractive option for both creators and collectors.
Music NFTs are gaining traction as artists explore new ways to monetize their work and connect directly with their fans. By tokenizing their music, artists can sell exclusive rights, behind-the-scenes content, and limited edition tracks. This new revenue stream is particularly appealing in an industry grappling with declining physical sales and streaming royalties. Music NFTs also allow for more innovative fan engagement strategies, such as offering concert tickets, merchandise, and experiences through token ownership.
Video NFTs represent another rapidly growing segment within the NFT art market. These NFTs encompass a wide range of content, from short films and animations to video clips from sports and entertainment events. Content creators are increasingly leveraging the popularity of video formats to reach a wider audience and generate revenue. The visual and immersive nature of video NFTs makes them highly appealing to collectors and fans, driving their market growth.
Collectibles, including virtual trading cards, game assets, and memorabilia, are also a significant segment in the NFT art market. These items often have a high nostalgic value and cater to specific fanbases, making them highly sought after. The unique and limited nature of these collectibles adds to their appeal, as collectors are always on th
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The global art and sculpture market is set to reach a size of US$ 43 billion in 2024 and is forecasted to climb to to US$ 115.64 billion by the end of 2034, expanding at a CAGR of 10.4% from 2024 to 2034.
Report Attributes | Details |
---|---|
Art and Sculpture Market Size (2024E) | US$ 43 Billion |
Forecasted Market Value (2034F) | US$ 115.64 Billion |
Global Market Growth Rate (2024 to 2034) | 10.4% CAGR |
Canada Market Growth Rate (2024 to 2034) | 11.4% CAGR |
China Market Value (2034F) | US$ 15.8 Billion |
North America Market Share (2024E) | 22.4% |
East Asia Market Share (2034F) | 18.9% |
Key Companies Profiled |
|
Country-wise Insights
Attribute | United States |
---|---|
Market Value (2024E) | US$ 8.4 Billion |
Growth Rate (2024 to 2034) | 11.4% CAGR |
Projected Value (2034F) | US$ 24.62 Billion |
Attribute | China |
---|---|
Market Value (2024E) | US$ 5.36 Billion |
Growth Rate (2024 to 2034) | 11.4% CAGR |
Projected Value (2034F) | US$ 15.8 Billion |
Category-wise Analysis
Attribute | Artifacts |
---|---|
Segment Value (2024E) | US$ 10.53 Billion |
Growth Rate (2024 to 2034) | 10.4% CAGR |
Projected Value (2034F) | US$ 28.33 Billion |
Attribute | Museums |
---|---|
Segment Value (2024E) | US$ 16.55 Billion |
Growth Rate (2024 to 2034) | 11% CAGR |
Projected Value (2034F) | US$ 46.95 Billion |
This statistic shows the sales value of the global art market from 2005 to 2016. The value of global art sales amounted to approximately ** billion U.S. dollars in 2016, down from ***** billion the previous year.
Global sales in the art and antiques market declined by roughly ** percent in 2024 over the previous year, totaling **** billion U.S. dollars. That said, the sales volume in the art market worldwide reported an annual increase of ***** percent in 2024. The new normal of the online art market With the onset of COVID-19, auction houses and art dealers strengthened their digital departments to cope with the lockdowns and closures enforced due to the pandemic. As a result of the digital boost, online sales of the art and antiques market worldwide skyrocketed in 2020 and remained way above pre-pandemic levels in the following years. Despite an annual decline, this trend continued in 2024, with online art sales exceeding ** billion U.S. dollars. How big is the global art auction market? In 2024, the total sales value at global auctions of art and antiques, including public and private sales, amounted to over ** billion U.S. dollars. While public sales decreased significantly over the previous year, private sales grew by around ** percent, surpassing **** billion U.S. dollars.