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Indian Auction Analysis – October 2012
AnalystSouth Asian Art Market, Premium
The Indian art market reverses a two year negative trend, with the best result in 12 months. After six consecutive seasons of decline, the Indian Art Market showed the first signs of a possible turnaround. Overall auction volume for Modern and Contemporary Indian art came in at $11,424,094, which was 33% jump from June 2012,…
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Andy Warhol Market – September 2012
AnalystUS & European Art Market, Artist Reports
Warhol market loses its top position to Gerhard Richter. In 2011, the contemporary art auction market generated over $1.26 billion in revenue with Andy Warhol accounting for $336 .3 million (or 27%). This total placed Andy Warhol as the 3rd best-selling artist worldwide by auction revenue behind only China’s Qi Baishi and Zhang Daqian. In…
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Global Art Market Outlook – July 2012
AnalystUS & European Art Market, Outlook, Premium
The first half of 2012 paints a mixed picture of the global modern and contemporary art market. This lastest report from ArtTactic reviews the market from January to June 2012 and re-assesses the Outlook for the Global contemporary art market in the next 6 months. The apparent resilience of the art market to the economic…
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US & Europe: Art Market Confidence Survey – June 2012
AnalystUS & European Art Market, Premium
Art market confidence decreases by 9% as economic gloom takes its toll. The latest results from the ArtTactic US & European Art Market Confidence survey this month show that respondents continue to feel confident about the post-war and contemporary art market, although the economic crisis in Europe and slowing Asian economies have started to…
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Indian Auction Analysis – June 2012
AnalystSouth Asian Art Market, Premium
The Indian art market deflates further, although the contemporary art market shows signs of new life. The recent Indian sales held in London failed to reverse the downward trend that started in June 2010. Christie’s emerged as the leader in terms of total volume of sales while Sotheby’s continues to disappoint, turning in its lowest…
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Chinese Contemporary Auction Analysis – June 2012
AnalystChinese Art Market, Premium
China: The largest art market in the world is slowing down. Auction results from 2011 confirmed the Chinese art market as the largest in the world, yet results from spring 2012 sales exhibit sign of a slowing market. The total auction sales (all categories) this spring from the Big Four (Sotheby’s Hong Kong, Christie’s Hong…
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Photography Market Auction Analysis – June 2012
AnalystPhotography, Premium
First half of 2012 sees photography auction sales up 6.3% from the same period last year. The European spring season of Photography sales in London and Paris raised a total of £3,790,244, which was 13.5% below the low pre-sale estimate of £4,385,600 to £6,115,900. However, despite a patchy season in Europe this May - the total auction…
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US & European Auction Analysis – London June 2012
AnalystUS & European Art Market, Premium
London contemporary auctions end first 6 months with record sales. Following successful sales at Art Basel in June, the art market turned its focus to the final contemporary sales of the season last week. The result seems to suggest that despite economical turmoil in Europe, the ultra high-end of the post-war and contemporary art market…
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Photography Market Confidence Survey – May 2012
AnalystPhotography, Premium
Confidence in the Photography market jumps 38% as the market weathers economic crisis The confidence in the Modern and Contemporary Photography market increased by 38% from October 2011, and currently stands at 63. This is above the 50 level, which indicates that there is more positive market sentiment than negative. Both the Modern and Contemporary…
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Latin American Auction Analysis – May 2012
AnalystLatin American Art Market, Premium
Last week, the Latin American auction sales at Christie’s, Sotheby’s and Phillips de Pury recorded the highest auction total for this segment since the peak of the art market in 2008. The combined auction sales for the three auction houses reached $48,393,800, below the pre-sale estimate of $51,610,500 to $72,595,500. However, this was 31% higher…
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Chinese Contemporary Art Market Confidence Survey – May 2012
AnalystChinese Art Market, Premium
Confidence in the Chinese Contemporary art market drops 6% as market growth comes off the boil The confidence in the Chinese Contemporary art market has been increasing since ArtTactic launched its first Chinese survey in February 2009. However, recent findings could suggest that the market is slowing down after 3 years of rapid growth. The…
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Middle East Auction Analysis – May 2012
AnalystMiddle Eastern Art Market, Premium
Demand for Modern and Contemporary Arab, Iranian and Turkish art continues at Christie’s Dubai. Christie’s Modern and Contemporary Arab, Iranian and Turkish Art Part I and II took place in Dubai over the span of two days. Sales for Part I of the auction totalled $3,280,583 (excluding premium) with a pre-sale estimate of $3,015,000 -…
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Latin America Art Market Briefing – May 2012
AnalystLatin American Art Market, Premium
This month wil be a new test for the Latin American art market with major sales at Sotheby's, Christie's and Phillips de Pury. ArtTactic takes a closer look at some of the recent happenings and art market trends in Latin America.
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Indian Art Market Confidence Survey – May 2012
AnalystSouth Asian Art Market, Premium
The majority of experts believe the Indian art market will take at least two more years to recover. The overall ArtTactic Indian Art Market Confidence Indicator is marginally down by 2% from October 2011. The confidence in the Indian economy has increased from 28 to 45, off-setting a 9% decrease in confidence for the Modern…
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Turkish Auction Analysis – April 2012
AnalystMiddle Eastern Art Market, Premium
Sotheby’s Auction Contemporary Art / Turkish offered 90 lots and totalled £1,266,500 (excluding premium) with a pre-sale estimate of £1,655,000 - £2,350,000. This was 33% lower than last year’s sale at Sotheby’s. The average auction price of the sale was £35,181. A significant majority of 60% of the lots went unsold. This is a large…
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Photography Market Auction Analysis – April 2012
AnalystPhotography, Premium
New York photography auctions in April set positive tone for London sales this week. This week a new round of photography auctions will take place in London and Paris, with Sotheby’s kicking off their Paris sales on the 15th, followed by Christie’s London sales on the 16th, which includes a fund-raising auction for the new…
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