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Artprice and the Fiac Publish an Exclusive Report on the 2008/2009 Contemporary Art Market

Posted on: Monday, 19 October 2009, 09:44 CDT

PARIS, October 19 /PRNewswire-FirstCall/ -- Artprice, the press partner of the Fiac (Foire Internationale d'Art Contemporain), publishes its reference report on the 2008/2009 contemporary art market worldwide. The book will be distributed for free to the media, to VIP's and to all the visitors coming to the Grand Palais and the Cour Carree du Louvre from 22 to 25 Oct. 2009.

In three editions only, the contemporary art market report has come to be considered by art professionals and lovers as a milestone. This year's book is a priceless tool to understand the recent turmoil of the contemporary art market around the world.

The 144-page study printed in English and French is a guide for the art market as seen through the prism of auctions in 72 countries: it draws up the balance of auctions and makes a statement on the Art market's reaction to the crisis and on the Auctioneers's new strategies.

The report evaluates the art market's worldwide acceleration and the redistribution of its forces around the globe. This year edition's new features is a geopolitical analysis of the Contemporary Art market that examines the prices of the first three artists in the United-Kingdom, the United-States, Germany, Italy the Middle-East, China, India, Japan, Indonesia and South Korea.

The report also includes a top 500 of current artists (born since 1945), the galleries' and collectors' insight, and an entire chapter on the market of Design with Marc Newson, Zaha Hadid, Ron Arad as well as Jeroen Verhoeven, Marcel Wanders, Marteen Baas, Tejo Remy, Tord Boontje, Joris Laarman and Studio Job.

Thierry Ehrmann, the founder of Artprice and an artist, stated that Artprice's different indicators, such as the AMCI (Art Market Confidence Index), point out that "this 36th edition of the Fiac will give collectors the opportunity to buy at lower prices as there are clear signs of the Art market's recovery on all continents".

The 2008/2009 contemporary art market report also includes the Artprice DVD. The documentary (available in English, French, Chinese, German Spanish and Italian) on Artprice's enigmatic history (1987/2009) is a sensation as it has been seen 910,801 times in the last 21 weeks.

The digital PDF version of the 144-page report is available at: http://imgpublic.artprice.com/pdf/fiac09.pdf

Source: http://www.artprice.com (c)1987-2009 thierry Ehrmann

Discover the world and future of Artprice : http://web.artprice.com/video/

Or send us an email to receive your free DVD.

Artprice, the world leader in art market information, lists over 25 million auction prices and indices covering over 405,000 artists, continuously updated from 2,900 international auction houses. Artprice provides daily information on art market trends for the main financial press titles and agencies worldwide. Artprice Images(R) offers unlimited access to the largest database of art market information in the world, a library of 108,000,000 images and engravings of art works from 1700 to the present day. Artprice offers standardised adverts to its 1,300,000 members (member log in) and is the world's leading market for buying and selling works of art (source: Artprice).Artprice is listed on Eurolist by Euronext Paris: Euroclear: 7478 - Bloomberg: PRC - Reuters: ARTF

Contact: Josette Mey - tel: +33-(0)478-220-000, e-mail: ir@artprice.com

SOURCE Artprice.com

Source: PR Newswire

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