Just 17 percent of German galleries account for 80 percent of the sector’s annual revenue, according to a recent survey of the art market in the central European country. The report paints a picture of an increasingly stratified sector in a year marked by staggering losses. Dealers predict their revenues will fall around 40 percent in 2020 as a result of the lockdown.
https://news.artnet.com/market/galleries-study-germany-1913678