Market Trends

TOP 3 Artprice 2011

Having emerged as the world's strongest art marketplace last year, it comes as no surprise to find China's two leading artists now holding the top two places in Artprice's global ranking of artists by auction revenue.

2011 top results

Every fortnight Artprice posts a new or updated ranking in its Alternate-Friday Top Series. The theme of today's TOP article is the Top 10 global auction results in 2011.

Artprice: the 2010 art market annual report – China winner of the past decade

During the past decade, two strong trends have emerged: firstly, as per the words of Thierry Ehrmann, the Ceo and founder of Artprice, the world leader in art market information,

Contemporary Art Market French Artists in the world

Artprice will attend this first major art fair of the year in Paris and, for the occasion, will offer a report on the contemporary art market in France. The report titled Contemporary Art Market French Artists in the world

Shock wave through the art market… China now ranks first, ahead of the USA and the UK

According to Thierry Ehrmann, founder and CEO of Artprice, the world leader in art market information, “this unprecedented news represents a turning point in the history of the global art market: China is now the number 1 in terms of Fine art auction revenue”.

English artists: top 10 auction results in 2010

Every fortnight Artprice posts a new or updated ranking in its Alternate-Friday Top Series. The topic of today's TOP article is the 10 best auction results generated by English artists in 2010.

Photography: 3 days of Paris sales and 32 records

Timed to coincide with Paris Photo (a series of photography exhibitions and events all over the French capital during the month of November) Parisian auction companies held three days of specialised sales (19 - 21 November) generating a total revenue of €14m (Sotheby's, Christie's, Piasa and Ader Nordmann & Kapandji Morhange) and 32 auction records.

The 10 best results on the London art market in 2010

Every fortnight Artprice provides you with a new or updated ranking in its Alternate-Friday Top Series. The theme of today's TOP article is the 10 best auction results in London this year.

Sculpture: top 10 auction results

Every fortnight Artprice provides you with a new or updated ranking in its Alternate-Friday Top Series. The theme of today's TOP article is the Top 10 auction results recorded in sculpture.

Paris: the crisis…. and museum strikes

As the year draws to a close, the success last February of the first round of the Pierre Bergé-Yves Saint-Laurent sale looks increasingly incongruous: was it a bold leap out of the crisis, the sign of a genuine recovery of French art market dynamism… or was it just a one-off event with no particular market significance?

A hesitant third quarter

After promising signs of a nascent recovery in the first half of 2009 (+1.2% according to our Art Price Global Index), the third quarter generated another negative reading. This means that art prices have apparently contracted a total of 37% since 1 January 2008. However there are a number of encouraging signs suggesting a gradual recovery.

Photography fair in Paris

From 19 to 22 November 2009, the Carrousel du Louvre in Paris will host 89 galleries at Paris Photo. This year the fair’s spotlight is on Arab and Iranian photography after a particularly dynamic 2009 for contemporary art from the Middle East: New Art from the Middle East at the Saatchi Gallery in London (30 Jan-uary - 9 May 2009)

Artprice and the Fiac publish an exclusive report on the 2008/2009 contemporary art market

Artprice, the press partner of the Fiac (Foire Internationale d'Art Contemporain), publishes its reference report on the 2008/2009 contemporary art market worldwide. The book will be distributed for free to the media, to VIP’s and to all the visitors coming to the Grand Palais and the Cour Carrée du Louvre from 22 to 25 Oct. 2009.

FIAC 2009 – 36th International Contemporary Art Fair in Paris

The 36th edition of the FIAC will stimulate the heart of Paris between the Grand Palais and Cour Carrée of the Louvre from 22 to 25 October 2009. As in previous editions, the 2009 FIAC is asserting its international vocation with 196 galleries selected from 21 countries and presenting the work of no less than 3,500 artists.

Art market barometer

After five consecutive quarters of contraction, the art market is at last producing some positive signals. Artprice’s index (the Art Price Global Index) progressed 4.97% in the second quarter of 2009 after a fall of more than 30% since the beginning of 2008. Gradual economic recovery during 2009 (very modest economic growth in Germany and France for example) has boosted the morale of art market players and has added 20 points to our AMCI since the end of the first quarter.

Focus on the photography market

The list of this summer’s photography exhibitions has three big names: Diane ARBUS at the National Museum in Cardiff until 31 August, Richard AVEDON with a retrospective at the International Center of Photography in New York until 6 September and Henri CARTIER-BRESSON , (who was born 100 years ago) at the European House of Photography in Paris (Henri Cartier-Bresson à vue d’œil) until 30 August.

Old Masters: a stable and reliable market

Old Masters overtaking Contemporary Art sales? That’s how it looks after Sotheby’s and Christie’s London sales of combined Old Masters & 19th century art on 7 & 8 July. The total revenue from the two houses’ Old Masters works amounted to nearly £39m, i.e. a million more than they both earned from Contemporary Art sales the previous month.

AMCI – Art market confidence at the end of the first half of 2009

At the start of 2008 Artprice launched a powerful new tool, the Art Market Confidence Index (AMCI) in order to give clients a “real time” appreciation of trends and sentiment on the art market.

Paris resists crisis

Although the global art is in the midst of a crisis, Paris appears to be showing remarkable resistance: the number of auction sales and the volume of lots proposed has remained stable compared with 2008. Moreover, for the first quarter of 2009, the French capital posted a better overall revenue figure than either London or New York on the back of the Pierre Bergé-Yves Saint-Laurent sale at the Grand Palais in February.

First quarter of 2009: an ailing art market

Since the financial crisis began, the art market has taken a series of severe blows and is now subject to various external and internal pressures. In the United States, for example, the fall in private subsidies to the Arts has led to significant personnel reductions at some of the most prestigious museums (the Detroit Institute of Arts and the Museum of Contemporary Art in Los Angeles have both cut staff by 20%).