Global art market in H1 2017 by Artprice.com

Global art market in H1 2017 by Artprice.com

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

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