Art Basel Hong Kong 2025 closed on March 30, marking the significant shift in the global art scene. This year, Asian galleries made up 45.8% of all exhibitors, while European and North American numbers slipped.
Art Basel Hong Kong 2025 attracted 240 galleries from 42 countries and regions, maintaining a scale comparable to its 2024 edition. It is a clear sign that Art Basel is back in full swing after the 2020 cancellation.
The expansion of Asian galleries reveals the strategic set and significant anticipation by Art Basel. As highlighted by the Art Basel and UBS Global Collections Survey 2024, Chinese high-net-worth individuals maintain the world's highest art spending:
The rising presence of Asian galleries and the exceptional quality of artworks this year highlight an eastward shift in the art market. This evolution is echoed in the conclusion press release issued by Art Basel Hong Kong 2025: “This year’s edition not only featured a diverse and innovative program but also underscored our deep commitment to nurturing Asia’s thriving art ecosystem.”
* 数据可视化由Flourish提供。交互地图、图表及数字动画已嵌入。