Artprice: the Artprice / FIAC Contemporary Art Market Report is Out!
PARIS, October 17, 2011 /PRNewswire/ –
Artprice and the FIAC are pleased to announce the distribution of their
latest Contemporary Art Market Report (French-English, 140 pages). This
Report will be freely available to the press, art market professionals and
visitors to the FIAC at the Grand Palais in Paris, France, from 20 to 23
According to Thierry Ehrmann, founder and CEO of Artprice, the backdrop
to this 38th edition of the FIAC is particularly favourable. In effect,
despite the instability of financial markets, art collectors are fighting
the pessimism prevailing in the general economic environment and the level
of purchase intentions as recorded by Artprice’s A.M.C.I. (Art Market
confidence Index) is strong at close to 70%.
This fifth edition of the Artprice / FIAC Contemporary Art Market Report
is an essential document for all amateur, professional and institutional
buyers or collectors of Contemporary art wishing to stay abreast of the key
developments in the market. The Report contains analyses of market trends
from more than 81 countries, presents the markets for the world’s
top-selling individual artists and their resistance to the deflated
speculative bubble and raises such questions as: How did the Contemporary
art market react to periods of doubt and uncertainty? Where is the art
market heading? How well are New Media integrating the Art Market? What are
the strategies of the world’s major art capitals, particularly Hong Kong and
One thing is certain: this crisis cannot be compared to that of the
early 1990′s. Of course, compared to 2006/2008, million-plus auction sales
have become scarce; but the contemporary art market is today more dynamic
than ever and is showing a rare degree of maturity that many regulated
markets would envy.
The report also presents Artprice’s TOP 500 that ranks the world’s
top-selling Contemporary artists by revenue (i.e. born since 1945) with
number of astonishing surprises this year. It also contains the Gallery’
Insight section as well as the Collector’s Insight section.
The reform of public auction sales (and particularly of online sales)
since France’s adoption of the European Services Directive (Law of 20 July
2011) should give Paris auction houses and galleries -who are now operating
on a much more even playing field- the opportunity to recover some of the
ground that had been lost on the international art market.
In fact, this law, which came into force on 1 September 2011, gives
France the same service and product capacities as the UK via a series of new
legal provisions that effectively eliminate a monopoly dating back to 1556.
A PDF version of the Artprice / FIAC Contemporary Art Market Report will
be downloadable from Artprice.com in French and English as of 20 October
2011. The German, Italian, Spanish and Chinese versions will be available
several days later.
SUMMARY THE CONTEMPORARY ART MARKET 2010/2011 - THE LATEST CURRENTS Art & Crisis Art as an alternative investment The best semester ever China: move from East towards West and vice versa Christie's and Sotheby's How does France rank? Artprice and the dematerialisation of the art market ART MARKET CAPITALS New York: end of an era? New York auctions The Warhol effect The heir... Jeff Koons Beijing / competing with New York Liu Chunxi / the young traditional Chen Yifei at the top of the Beijing market Hong Kong / New art capital Hong Kong International Art Fair Irresistibly attractive The auction market in Hong Kong The power of collections Zhang Xiaogang consolidates his market position GALLERY'S INSIGHT Herve Loevenbruck, Director of the Herve Loevenbruck Gallery (Paris, France) Mauro Nicoletti, Director of the Magazzino Gallery (Rome, Italy) Thomas Bernard, Director of the Cortex Athletico Gallery (Bordeaux, France) Akio Aoki, Director of the gallery Vermelho (Sao Paulo, Brasil) Bruno Brunnet, Nicole Hackert and Philipp Haverkampf, Directors of the gallery Contemporary Fine Arts (Berlin, Germany) COLLECTOR'S INSIGHT Jean-Francois Keller Michel Ogier Daniel and Florence Guerlain Han Nefkens Manuel DeSantaren ARAB CONTEMPORARY ART - OVERVIEW The safer investments Doha's ambitions Kader Attia and Mounir Fatmi A strong taste for photography The Africa Remix effect Coming soon at the Pompidou Centre NEW MEDIA AND THE ART MARKET Photography Cindy Sherman Top names in photography Video and light installation Bill Viola Nice breakthrough of Asian artists Be a collector or a financier? The Matthew Barney case An intangible collection Artprice 2010/2011 TOP 500 Contemporary artists The Artprice Headquarters: The Abode of Chaos dixit The New York Times
Source: http://www.artprice.com (c)1987-2011 thierry Ehrmann
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