Contemporary Art Market Report

Artprice has recently posted its Contemporary Art Market Report online.  Click HERE to download the free PDF version of the report.  The report is nearly 80 pages in length, and contains some excellent statistics and charts on the direction and trends in contemporary art.  It is an excellent resource for use in contemporary art market trend analysis in appraisal reports.

Art Price reports on the contemporary art market report

According to Thierry Ehrmann, the CEO and founder of Artprice, the global contemporary art market achieves its 3rd best performance, in spite of the current global economic crisis. The museum industry, which is booming on all continents, has made it possible for Contemporary Art to resist.

Each year in October, Artprice publishes an overview of the global Contemporary art market. This 140-page report, translated into 5 languages, presents recent key events and trends, and uses the auction results recorded between July 2011 and June 2012 for artists born after 1945 as its backbone. The study contains macro- and micro-economic analyses that provide the keys to understanding the evolution of the Contemporary art auction market. It dissects the major market trends analysed throughout the year by Artprice’s ArtMarketInsight news agency and our econometrics department.

To complete this objective survey of the art market, Artprice also offers its acclaimed rankings such as the Artprice top 500 Contemporary artists by auction turnover.ASUMMARY

THE LATEST TRENDS

How well did Contemporary art sell this year?
Relative global market shares : Asia/Europe/USA
Competition between Beijing and Hong Kong
Europe offers both quantity and quality
Top 10 auction results in Europe
France: a counter-productive market

THE ART ELITE

The year’s records: stepping up by the millions
China: a crowded elite
New records in painting: Top 3
The Basquiat myth
Glenn Brown, art about art...
Christopher Wool revolutionises abstract painting
New records in photography
Jeff Wall: genealogy of a record
Polemical works promoted as emblems
New records in sculpture & installation
Cady Noland: €4.2m for Oozewald
Antony Gormley: new top price for Angel of the North at £3.4m
Peter Norton’s records on 8 and 9 November 2011
Wim Delvoye & Jan Fabre, two Flemish artists in the spotlight

GALLERY’S INSIGHT

COLLECTORS INSIGHT

URBAN ART: THE NEXT GENERATION

UK: Beyond Banksymania... who else is out there?
A boom for Brazilian urban art?
United States: always on the money
France holds out while Australia comes to life

TOP 500 Artprice 2011/2012

Source: Artprice