CoverPage
MENA_Auctions_November2018_3 (6-7)MENA_Auctions_November2018_3 (10-11)

Market Analysis: Modern & Contemporary Middle Eastern and North African Art Auctions 2018

No. Pages20
Report TypeMarket Report
MembershipAnalyst

Modern & Contemporary Middle Eastern and North African Art Auctions are down 19% in 2018 compared to 2017

The auction market for Middle Eastern and North african art sees decline for the second consecutive year: Total auction sales at Christie’s, Sotheby’s, Bonhams and Tehran Auction of Modern & Contemporary art from the Middle-East and North African region fell 19.4% in 2018. This follows on from a 9% decrease in sales between 2016 and 2017.

Launching a new innovative new report

This report is the first of its kind, presenting an in-depth analysis of the bourgeoning modern and contemporary Middle Eastern and North African art market through the dedicated auctions. It will be followed by regular updates tracking the market for art from the Middle East and North African region.

About this report:

This report presents an in-depth comparative analysis of the auction market for Modern & Contemporary Middle Eastern and North African artists sold by Christie’s, Sotheby’s, Bonhams and Tehran Auctions in 2018. The analysis also provides analytical tools looking at annual trends between 2016 and 2018, as well as a breakdown of the market by artists’ country of origin and art sectors.

Who is it for?

This report is popular among art advisors, auction houses and collectors of emerging art sectors who want to get an overall feel for the current market trends, yet an in-depth view into some of the key current sales dynamics in the modern and contemporary Middle Eastern and North African art auction market.


Analytical tools:
Comparable Performance: Modern & Contemporary Middle Eastern and North African art auction sales performance comparison between Christie’s, Sotheby’s, Bonhams and Tehran Auctions including: Total sales, Average Prices and Market Share.
Auction Overview Dashboards: Auction breakdown by price brackets, gender, country of origin, medium and living vs. deceased artists.
Top Prices: Ranking by the highest prices achieved and by top price-to-estimate performance.
Country Sector Analysis: Breakdown of auction sales by artists’ country of origin for Christie’s, Sotheby’s, Bonhams and Tehran Auctions sales.
Market Sector Analysis: Breakdown of auction sales by modern and contemporary segments for Christie’s, Sotheby’s, Bonhams and Tehran Auctions.

London’s Modern & Contemporary Middle Eastern and North African Art Auctions are down 19% in 2018 compared to 2017