China, US and UK capture 80% of market share in 2011. - According to the most recent statistics from Arts Economics, China, the US and United Kingdom are by far the leading trio at the head of the art market and between them account for 80% of market share. China was at the top of the table with 30.40% of market share in 2011, with the US closely on its heels with (29.40%) and the United Kingdom (22.10%). Other countries share the remaining 20% of the market (France has 5.90% of market share; Germany 1.80%; Italy 1.20%; the Netherlands 0.40% and Belgium 0.30%). The study also illustrates the percentage changes of each of the different players in the market between 2002 and 2011. Over the period of a decade, China's growth was an exponential 803.60%, as opposed to a more modest 40.60% for the US and 59% for the UK. China effectively captured 22% of the global market and 65% of the European market as opposed to France's 6% of the world market and 18% of the European market. In terms of the numbers of pieces of art sold exclusively at auction, the leading trio is made up of China, the US and France. (IL/transl.fl)