Total sales of selected leading auction houses worldwide 2022-2023, by location
Combined auction sales of Christie's, Sotheby's, and Phillips worldwide declined across all the leading markets in 2023 compared to the previous year. Overall, New York reported the highest figure in 2023, ahead of Hong Kong and London, with sales amounting to roughly 5.7 billion U.S. dollars. That year, combined global sales of Christie's, Sotheby's, and Phillips decreased by nearly 19 percent compared to 2022.