I just downloaded the report myself, so I have yet to see what the final conses is from the report. One item I did note was the art market has slowed down, even for the more robust contemporary market. The report states one of the reasons is the lack of quality items which are available for sale.
Artprice reports on the release of the report
Artprice.com is pleased to announce the publication of the 7th edition of its exclusive Contemporary Art Market Annual Report (paper version: 146 pages). This report analyses all auction sales results recorded between July 2012 and June 2013 for artists born after 1945, and it identifies the market’s key trends, as followed throughout the year by our news agency, ArtMarketInsight, and by our econometrics department.
More than a billion euros in twelve months... For the first time in the market’s history, global auction turnover from Contemporary art has exceeded the 1 billion threshold. Our report answers a number of crucial questions: who are the main signatures driving the top end of the market? How strong is the speculative element? Who are the strongest price performers over the long term? Which emerging artists are likely to remain in the limelight? What are the particularities of the Contemporary Art market in Europe, in China, in the United States and in Qatar? What changes are currently underway and what risks is the market currently facing?
The Report also contains a repertory of the world’s Top 500 Contemporary artists ranked by auction turnover and by the personal opinions of galleries and dedicated collectors.
THE 2013 CONTEMPORARY ART MARKET
SUMMARY
THE LATEST TRENDS
Contemporary art posts its first billion
United States: the Basquiat trump card
China: openness and regulation
France: the international stakes at issue
The market leaders: physical deployments
The high-end market: over €500,000
Affordable art
THE AGES OF CONTEMPORARY ART
Contemporary classics
Emerging artists
COLLECTORS' INSIGHT
GALLERIES' INSIGHT
TOP 500 Artists 2012/2013
Click HERE to download the report as a PDF File
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