Great Britain is today the second largest art market in the world, behind the United States. China, which is third, could benefit from the English market’s contraction due to Brexit. In Europe, Paris and Berlin could also attempt to make their presence felt on the Continent even though their respective markets are far behind London in size.

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With 21% of the value of the world art market according to the recent report TEFAF 2016 (a drop of 9% compared with 2014), Great Britain is without a doubt the leading place in the European market. London has currently no competition of its size on the continent, Paris being relatively far behind.