Top Artists Report – December 2019
|Report Type||Market+ Report|
Which artists emerged in 2019? Who is experiencing a rediscovery? Which markets are growing or stagnating?
We are approaching the end of 2019, a more challenging year for the art market. After two years of consecutive growth, total evening and day sales of Post-War and Contemporary art at Christie’s, Sotheby’s and Phillips in New York and London experienced a decline of 12.7% over the last 12 months. However, evening and day sales are showing diverging trends, as the evening sales total was down 15.1% in 2019, day sales saw a 11.6% increase in sales this year. This could signal that the market is looking for new opportunities in lower price segments of the market, in particular among a younger generation of artists (auction sales jumped by 93% in the last 12 months) as well as a general re- valuation of many of the older generation of established artists.
The second edition of this ArtTactic report provides a unique insight into Post-War & Contemporary art auctions at Sotheby’s, Christie’s and Phillips in London and New York over the last five years. Over 20,800 lots and around 1,940 artists (up from 1,700 in 2018) from both evening and day sales were analysed by nationality, age and gender. This report provides a new and unique insight into dynamics of the Post-War & Contemporary art market in New York and London, highlighting artists’ markets that are growing as well as stagnating.
ArtTactic also offer bespoke reports on the Post-War and Contemporary market. For further information please contact us on firstname.lastname@example.org.
Comparative Market Analysis by Artist Nationalities
Map with Artist Population Distribution and market share
Top 10 Artist Nationality Analysis (American, British, German, French, Italian, Japanese, Spanish, Romanian, Belgian, South African)
NEW Analytical Tools:
Top Rank & Analysis: Artists under 45
Top Rank & Analysis: Female Artists
Top Rank & Analysis: Black American Artists
Top 250 Artist Ranking 2019 (sales, lots, bought-in, average price)