Provides a detailed overview of the trends in the Korean art market and offers pricing information of artworks every week.
Market Hightlights
Art Market_Auction Q1 2025: Korean Art Auction Market Declines 31.8% – A Structural Shift Beyond a Downturn
While the global art market shows signs of gradual recovery, the Korean auction market has recorded one of the steepest declines in recent years. More than a temporary contraction, experts suggest the current trend signals a need for a fundamental “recalibration of value.”