Art market reports

News
Art market

Powerful collectors open up in Tefaf Maastricht's Chinese art market report

New study, released today, covers 40-year history of the country's market and reveals many private art museums run at a loss

News
Art market

Smaller galleries rely on just one artist for almost half their income, Art Basel and UBS Global Art Market Report finds

Gender parity and behaviour of high net worth collectors are focuses of the study, which calculates market grew to $67.4bn in 2018

Comment
Art market

Art authentication is not an exact science

The process of art attribution has come under attack, with forgery scandals rampant

Comment
Art market

Why the Christie's and Sotheby's duopoly is impregnable

The auction houses sell more than 80% of works priced over $1m at auction—can an underdog ever wrestle market share away from them?

News
Auctions

Phillips and Bonhams see strong sales on smaller lots

The auction houses' bottom lines suffered from unsold lots in their contemporary sales, continuing a trend of top-lot discernment during New York’s fall sales

Preview
Art market

Latin American art gets a boost on the auction block

Including the region’s art in broader sales has been a positive move for some artists' sales

Preview
Art market

How high will Hockney go and can his soaring market last?

A double pool portrait, estimated at $80m and offered at Christie’s with no reserve, could set a record for the most expensive work by a living artist

Comment
Art market

Will the UK be able to take part in antiquities busts after Brexit?

Nineteen of the accused in Operation Demetra face trial in December, while the alleged UK mastermind awaits extradition

News
Art market

Top lots go unsold at New York's Impressionist and Modern sales, proving a discerning but 'not doomsday' market

Monet carries Christie's evening sale while a Magritte shines at Sotheby's, marking an auction record for the Surrealist painter

Preview
Art market

Shanghai’s two rapidly expanding fairs—Art021 and West Bund Art and Design—are attracting dealers despite China's slowing economy

Galleries are also seemingly undeterred by tussles between Presidents Trump and Xi Jinping

Analysis
Art market

Paris versus Shanghai: photo fairs old and new compared

Despite censorship, China’s appetite for photography is growing but Paris Photo remains pre-eminent

News
Art market

Tefaf New York Fall proves a ‘chocolate box’ of a fair, though sales lack Maastricht’s urgency

Key Old Master European works were quick to sell while US-based dealers offer a more 'local flavour'

Preview
Art market

Could sales slow at Artbo as political conservatism deepens in Colombia?

The divisive election of conservative president Iván Duque in August and resulting political tension may stymie sales at Bogotá's Artbo

Analysis
Art market

Will the market for AI art take off?

With no auction precedent and little primary market data, Christie's sale of a work made by an algorithm tests demand

Analysis
Art market

Fair’s fair? The murky world of stand costs

Research by The Art Newspaper uncovers wide disparity in both fee structures and transparency

News
Art market

Red tape is stifling German auctions

Stringent cultural heritage laws and bureaucracy are making consignments much harder to find

Feature
Art market

Blockchain: Hot stuff or hot air?

The technology offers the promise of a world in which a work of art’s provenance is held on a single database—if it lives up to the hype

Analysis
Art market

Rolling with the punches: how the art market bounced back

In 2008, Damien Hirst sold £111m of art as Lehman Brothers collapsed, triggering a financial crisis. A decade on, what has changed?

News
Art market

Art dealers slam proposed European Union licence regulations

Revising import controls on cultural goods could impact negatively on trade, dealer organisations say

Comment
Art Basel 2018

Could fairs publish sale prices? Don’t hold your breath

“For all the supposed desire for transparency, no one will make the first move”

News
Art market

Online art market could stagnate unless transparency is improved, study finds

Annual Hiscox report estimates online market rose 12% to $4.22bn in 2017, but growth is slowing as platforms struggle to build trust and loyalty

Analysis
Art Basel Art Market Report

Top flight dealers reap rewards of a growing global art market, Art Basel report says

But the number of galleries opening over the past ten years has plummeted 87%

Feature
TEFAF Maastricht 2018

Big data meets Old Masters at Tefaf Maastricht

As artificial intelligence becomes more common, the market is embracing tools that might help to bring digital natives into the Golden Age