The art market in the 21st century and the pandemic impact on its development

The article examines the period of formation of the world market of art objects in the segment of contemporary art in 2000-2020. Over the past 20 years, the global art market has experienced a profound transformation, namely the emergence of Chinese buyers, the financial crisis in 2008, China's entry into the leaders among the participating countries of the market, the pandemic in 2020 which affected the development vector of this area. The article also analyzes the Russian market of art objects for 2020 and compares the indicators with global trends.