Global art market in H1 2017 by Artprice.com

Contemporary Art leads a general recovery of the market: +5%

1. Global art auction turnover reached $6.9 billion in H1 2017
2. Prices in the Contemporary segment increased by 9.6%
3. With $2.2 billion, the USA overtook China’s $2 billion
4. The UK and France contributed to the recovery, up 13% and 7%
5. Contemporary Art accounted for 15% of global turnover, vs. 3% in 2000
6. A work by Jean-Michel Basquiat (born 1960) fetched $110.5 million
7. The auction unsold rate improved by 2 percentage points versus 2016

Sorgente: Global art market in H1 2017 by Artprice.com