Tefaf art market report 2015, art economics i amma art mar ket monitor of. Arttactic is delighted to publish the first annual report on the indian art market. It cannot be guaranteed that the objects currently shown on the website will pass tefaf vetting which takes place shortly prior to the opening of the fair. Tefaf drops comprehensive art market report the art.
This report uses pooled data presented as graphs and charts to provide an indepth picture of the type, number, and outcomes of art cycles performed in the united states. Contemporary art, while not the fairs focus, is nonetheless a growing presence, with works by artists like jean. Tefaf art market report 2016 download ebook pdf, epub. Commissioned by the european fine art foundation, organisers of the european fine art fair tefaf, the report is researched, compiled and written by dr clare mcandrew, a cultural economist specialising in the fine and. Art dealer finance written by anders petterson of arttactic. As tefaf celebrates 30 years, our annual art market report examines the dynamics that shaped the art world.
With the art market growth showing signs of slowing toward the end of 2015 and in early 2016, combined with slower economic growth, increasing volatility in the financial markets, and geopolitical. Since it was established by congress in 1965, the nea has awarded more than. The art market continues to be a highly polarised market, with a relatively small number of artists, buyers and sellers accounting for a large share of value. This statistic shows the distribution of the global art market in 2015, by country. It is our thirtieth fair in maastricht, an important milestone we hope to celebrate in a fitting way. Professor pownall will present the tefaf art market report 2017 at tefaf maastricht during the tefaf symposium on friday 10 march. Tefaf maastricht is widely regarded as the worlds premier fair for fine art, antiques and design. The 10 most important takeaways from the 2016 tefaf art. In the q115 report, management states that its intention is that artnet news will be financially selfsustaining by the end of the 2015 fiscal year.
Key findings of tefaf art market report 2015 artnet news. Tefaf art market report 20 the global art market, with a focus on china and brazil prepared by dr. We surveyed 53 private banks up from 35 in 2014 mainly in europe and 14 family offices mainly in the united states same number as in 2014. The report is looking at the market from the perspective of both consumer and provider, to provide a better understanding of this highly opaque aspect of the art industry, the report will explore how dealers source capital in an historically illiquid market, examine the solutions and. Indicators for brazil 20002015 181 figure 5a estimated total sales in the art market in brazil. Billion says 2015 tefaf art market report and what are top dealers bringing to tefaf. This report presents an analysis of the key trends in the art market from its peak in 2007 to one of its lowest points in the decade in 2009. At tefaf maastricht, the worlds greatest art and antiques fair, you can buy masterpieces of art, antiques and design from 275 of the worlds most prestigious dealers. The tefaf report also provides an estimate of the overall market sales, including galleries. This statistic shows the sales volume of the global art market from 2004 to 2015. Us tops the global art market, china and uk tie at.
Click download or read online button to get tefaf art market report 2016 book now. The tefaf art market report 2015 is a wide ranging report that examines the global art market in 2014 in detail, and also looks at individual sectors within the. The tefaf art market report 2015 is a wide ranging report that examines the global art market in 2014 but also looks at individual sectors within the market, changing patterns of global wealth and art collecting, the growth of art fairs and online sales and finally the economic impact of the art market. Please note that the content on the website may be used for press purposes when covering the tefaf art fair. Featuring over 275 prestigious dealers from 20 countries, tefaf maastricht is a showcase for the finest art works currently on the market. The european fine art foundation tefaf released the 2016 edition of its annual report on the state of the art market on wednesday.
As every year, i really enjoy to visit the most important art fair in the world, the tefaf located in my old hometown maastricht, the netherlands. The data and analysis in this report are provided for informational purposes only and shall not be. A 2015 mckinsey survey of the digital luxury landscape states that of the ultra high net. National summary report centers for disease control and. Clare mcandrew and her company, arts economics, now work for art basel. The report aims to give an overview of the recent primary market and auction trends, as well as including market confidence data from our 6monthly surveys.
It is my pleasure to submit the annual report of the national endowment for the arts for fiscal year 2015. This site is like a library, use search box in the widget to get ebook that you want. Tefaf maastricht, distribution of the global art market in 2015, by country. Medicine, society for assisted reproductive technology. The best works of art need the best spaces to display them in, and many of knight franks clients are discerning collectors. Online focus, released thursday, highlight the tension between the promise of reaching a vast global customer base and the challenge of maintaining the relationshipdriven sales approach that has dominated the art market for centuries. Maastricht, the netherlands with the background beat of the tefaf art market report 2015 announcing record global art sales of 51 billion, europes fanciest art fair opened thursday with great expectations. National summary report 2015 art report division of. As well as extending the reach of art galleries, art fairs actually grow the market for art, says tim etchells, whose company runs multiple fairs including. In addition to the tefaf art market report released during tefaf maastricht, this years special focus provides insight into structural developments across the art ecommerce industry.
The tefaf art market report 2015 is a wide ranging report that examines the global art market in 2014 but also looks at individual sectors within the market, changing patterns of global wealth and art collecting, the growth of art fairs and online sales and. However, a promising trend counteracting this to some extent is the growth in online sales, which has encouraged a greater volume of. The closely watched tefaf art market report is widely considered one of the most comprehensive sources of information for worldwide auction sales. The volume of global art sales reached approximately 38. The tefaf report which is actually titled the international art market in 2011, observations on the art trade over 25 years has additional chapters, which relate the history of the art market since 1975. There were 180 major art fairs with an international element.
We surveyed 53 private banks up from 35 in 2014 mainly in europe and 14 family offices. Unlike most contemporary themed art fairs that rely on make or break sales in the first few hours of the v. The tefaf art market report 2015 is a wide ranging report that examines the global art market in 2014 in detail, and also looks at individual sectors within the market, changing patterns of global wealth and art collecting, the growth of art fairs and online sales and finally the economic impact of the art market. That is why we are delighted to have attended art basel miami last december and tefaf maastricht 2015. Analysis 40 percent of world gallery art sales made at fairs and other key findings in the tefaf art market report 2015. Chinas ministry of commerce, the report says, is aiming for a target of 18 percent annual growth from 2011 to 2015. Table 6g key economic indicators for hong kong 20002015. Sales of modern art were the second largest, accounting for 28% of the. For assistance with consumer support, smallmedium business support, enterprise business support, and executive customer care contact.
Although the global art market felt the impact of the recession contracting 41% in 2009 from its peak in 2007, by 2010 the global art market was in recovery and rose by 51% to 43. Tefaf maastricht, the worlds leading fine art and antiques fair, takes place from the 1019 march at the mecc maastricht exhibition and. The data included in this report and publication support were provided by westat under contract no. Tefaf report finds 60% of dealers profit from online sales. Com tefaf art market report 20 the global art market, with a focus on china and brazil. If its a 10 million vincent van gogh as you see above, a banksy or a 90 crt. The revelations come in the tefaf art market report 2015, out this week the us remains the largest single market with a 39% share at 19. Tefaf art market report 2015, art economics i amma art market. This 7% rise means the market as a whole has roughly doubled in value over the past ten years. India art market report 2015 south asian art market, free reports, premium, testpodcast. Tefaf is an annual art, antiques and design fair, organized by the european fine art foundation in the mecc in maastricht, netherlands.
Since 2002 tefaf has been involved with providing a program of independent research into the art market. Tefaf art market report 2015 reveals an alltime high of usd53. Clare mcandrew, the report confirms suspicions of a downturn in the international art market. Artnet is proud to partner with tefaf to present the tefaf art market report 2017. In 2008, total sales in the global market for fine and decorative art reached just over 42. The wealth report 2015 fine art and luxury property have always gone hand in hand. The 10day fair attracts about 75,000 visitors and is considered one of the worlds leading art fairs. Online focus please fill out the form below with your name and email to access the content. Worth clients that have the means to buy art and luxury items, a large. Sales figures for 2012 were adjusted on the previous tefaf art market report 20 due to sales in china reported late to. On this page you can download the complete online art market 2017 report in pdf format.
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