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Artmarket.com publishes the new Artprice’s Report on the Contemporary Art Market, the primary growth driver with a +2,100% increase over 20 years
“Artprice is proud to present this exclusive report which traces the evolution of the Contemporary Art Market over 20 years”, announces thierry Ehrmann, President and Founder of ArtMarket.com and its Artprice department. “The story it tells reflects a multitude of sociological, geopolitical and historical factors, all of which contributed to the rapid rise of Contemporary Art in the global Art Market. A marginal segment until the end of the 1990s, Contemporary Art now accounts for 15% of global Fine Art auction turnover, and is now its primary growth driver, having increased +2,100% over 20 years. As a result of the Covid-19 pandemic in 2020, the Art Market switched almost entirely to the Internet. 2021 will no doubt see an extension of this trend. ”.

The new report is now available for free in English, French and Mandarin
https://www.artprice.com/artprice-reports/the-contemporary-art-market-report-2020
Growth
The Contemporary Art Market is not what it was 20 years ago. It has undergone profound structural changes, with evermore artists (from 5,400 artists to nearly 32,000 today) and evermore artworks (from 12,000 lots offered to 123,000) and it has grown and expanded geographically, from 39 to 64 countries active in auctions. It has accelerated with the fluidification of remote transactions and is now the most dynamic and profitable segment of the entire Art Market. In 20 years, the number of auction houses participating in the Contemporary Art Market has almost doubled, the number of specialized sessions has tripled, and the number of lots sold has multiplied by six.
→ The Contemporary Art rush
→ The market’s pillars
→ Painting… above all
Diversity
Contemporary Artists from China, Japan and Korea… from Africa and the African diasporas… from Latin America and the Middle East… are today all operating in a market that has not only opened internationally, it has opened to female artists and a whole range of alternative narratives with substantial cultural and symbolic significance. This challenge to Western hegemonic narratives of Art History has opened new horizons for thousands of artists around the world. Since the start of the 21st century, the question of diversity has been at the heart of debates, and at the root of major developments within the Art Market.
→ A new landscape
→ « No Man’s Land »
→ Black (also) matters (in art)
Valuation
The Contemporary Art Market is a market under the influence of a number of different factors including passion for art, soft-power ambitions, financial speculation, fashion and of course nowadays, the massive influence of the digital sphere in terms of marketing, coolhunting etc.. Today social networks (the new influencers), pop stars, luxury and streetwear brands play an active role in the popularization of artists. They contribute to the orientation of tastes, just as art critics used to do. Online presences have played a vital role in countering the impacts of the Covid crisis, and have proved absolutely essential for a number of major market players. In reality, the Contemporary Art Market has just passed an important milestone in 2020, a milestone that represents the true beginning of its digital revolution.
→ In search of novelty
→ Multiple choice…
→ Digital agility
This extraordinary progression is driven by the passions that Contemporary Art elicits, but it is also based on the confidence that it has won. Nowadays, collectors no longer necessarily prefer work by dead artists, and they allow themselves to be convinced by new techniques, new art forms and new influences by living artists. Today, at a time of unprecedented crisis, the Contemporary Art Market is still galloping forward. Indeed, it’s the segment that adapts fastest to changes and the one that lends itself best to online sales.
Image: [https://imgpublic.artprice.com/img/wp/sites/11/2020/10/GMAC-2020-ArtMarket-Artprice-EN.jpg]
PDF: https://imgpublic.artprice.com/pdf/the-contemporary-art-market-report-2020.pdf
Copyright 1987-2020 thierry Ehrmann www.artprice.com – www.artmarket.com
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Artmarket.com publie le Rapport Artprice du Marché de l’Art Contemporain, moteur de la croissance avec +2100% en 20 ans
“Artprice est fière de présenter ce rapport exclusif qui retrace l’évolution du Marché de l’Art Contemporain sur 20 ans”, annonce thierry Ehrmann, Président et Fondateur d’Artmarket.com et de son département Artprice. “Cette histoire implique une multitude de facteurs sociologiques, géopolitiques et historiques, qui ont tous participé à l’essor de l’Art Contemporain sur le Marché de l’Art mondial. Marginal jusqu’à la fin des années 90, l’Art Contemporain pèse désormais 15% des ventes aux enchères de Fine Art, dont il est devenu le moteur avec une croissance de +2100% en 20 ans. L’année 2020, sous l’effet de la pandémie Covid-19, voit le Marché de l’Art basculer intégralement sur Internet. L’année 2021 en sera le prolongement.”

Le nouveau rapport est maintenant disponible gratuitement en français, anglais et mandarin.
https://fr.artprice.com/artprice-reports/le-marche-de-lart-contemporain-2020
Croissance
Le Marché de l’Art Contemporain n’est plus ce qu’il était il y a 20 ans. Il a profondément changé structurellement, avec de plus en plus d’artistes (de 5 400 artistes à près de 32 000 aujourd’hui), de plus en plus d’œuvres (on est passé de 12 000 lots offerts à 123 000). Il s’est étoffé et étendu géographiquement, passant de 39 à 64 pays actifs aux enchères. Il s’est accéléré, avec la fluidification des transactions à distance, pour finalement s’imposer comme le segment le plus dynamique et le plus profitable de l’ensemble du Marché de l’Art. En 20 ans, le nombre de Maisons de Ventes participant au Marché de l’Art contemporain a presque doublé, le nombre de sessions spécialisées a triplé, le nombre de lots vendus a été multiplié par six.
→ Ruée sur l’Art Contemporain
→ Les piliers du Marché
→ La peinture d’abord
Diversité
Les artistes contemporains chinois, japonais ou coréens, ceux issus d’Afrique et des diasporas africaines, ceux d’Amérique latine et du Moyen-Orient se sont inscrits au coeur d’un Marché devenu plus ouvert. Il en va de même pour la revalorisation des artistes femmes. Le tout avec un enjeu culturel et symbolique à la clef : reconfigurer les récits hégémoniques de l’Histoire de l’Art en offrant de nouvelles perspectives. Avec l’entrée dans le XXIème siècle, la question de la diversité est au coeur des débats, comme des grandes évolutions du Marché de l’Art.
→ Un nouveau paysage
→ “No man’s land”
→ Black (also) matters (in Art)
Valorisation
L’Art Contemporain est un Marché sous influence, porté par la passion des uns, la spéculation des autres, et désormais par l’influence digitale. Via les réseaux sociaux, les nouveaux influenceurs – chanteurs pop, marques de luxe ou de streetwear – jouent en effet un rôle actif dans la popularisation des artistes. Ils contribuent à l’orientation VALORISATION des goûts, comme le faisaient autrefois les critiques d’art. La présence digitale a constitué un enjeu essentiel pour les divers acteurs du Marché, pour contrer les impacts de la crise de la Covid-19. Le Marché vient de passer un cap important en 2020, en entamant véritablement sa nouvelle révolution.
→ En quête de nouveauté
→ Le choix multiple
→ Agilité digitale
Cette extraordinaire progression est portée par les passions que suscite l’Art Contemporain, mais elle repose aussi sur la confiance que celui-ci a su gagner. Désormais, les collectionneurs ne préfèrent plus nécessairement un artiste mort, mais ils se laissent convaincre par de nouvelles techniques, de nouvelles formes d’art, de nouvelles influences. Aujourd’hui, en temps de crise, le Marché de l’Art Contemporain ne s’arrête plus. Il est au contraire le segment qui s’adapte le plus rapidement aux changements et celui qui se prête le mieux aux ventes en ligne.
Image : [lGMAC-2020-ArtMarket-Artprice-FR.jpg]
PDF : le-marche-de-lart-contemporain-2020.pdf
Copyright 1987-2020 thierry Ehrmann www.artprice.com – www.artmarket.com
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Artprice présente le classement n°17 des Musées d’Art Contemporain en France selon les avis Google
Méthodologie : Artprice Leader mondial de l’information sur le marché de l’Art a souhaité mesurer l’empreinte sur Internet la plus fiable possible des musées d’Art Contemporain en France.

A ce titre, un consensus est né avec les statisticiens et économètres de groupe Serveur et d’Artprice sur le fait que seul l’écosystème Google (moteurs de recherche, Google Maps, Google Street View, Google Earth, Google Photos, et les autres applications Google) est légitimement le support Internet de référence, tant en termes de nombre d’utilisateurs que de visibilité, de fiabilité et en temps réel avec des mesures de sécurité que Google maîtrise pour éviter toute forme de fraude.
La méthodologie retenue est de prendre les Musées d’Art Contemporain français quel que soit le lieu, dès lors où ceux-ci ont recueilli un nombre d’avis supérieur à 1000 afin d’éviter toute manipulation ou manque de fiabilité sur un nombre d’avis trop faible.
Les avis sur Google ne sont pas impactés par des actions commerciales de Google ou de tiers. Ce cas est rare dans l’Internet et plus encore chez les GAFA.
Ce classement qui fait l’objet d’un constat mensuel par Huissier de Justice ne doit en aucun cas être considéré comme un quelconque classement qualitatif ; il restitue seulement une analyse factuelle et économétrique des grands flux d’information en provenance des banques de données de Google.
Notre siège social le Musée d’Art Contemporain l’Organe est n°2 en France, derrière le Centre Pompidou suivi par la Fondation Louis Vuitton et le Palais de Tokyo, selon les données Google et Flickr en nombre de visiteurs uniques virtuels en 360°4K et 8k (4,5 millions) relatif à l’Art Contemporain.
Toutes les marques et dénominations citées dans le présent classement, notamment le descriptif de l’écosystème Google, sont la propriété de leurs auteurs respectifs.
Méthodologie et constat d’Huissier de Justice (1er septembre 2020 SELARL Estelle PONS – Sarah MERGUI). Intégralité des constats mensuels :
Artprice presents five Covid-proof artists
Unsurprisingly, the Art Market posted a significant contraction in H1 2020, although less severe than in 2009. The number of lots sold at auction fell by -21% and auction turnover dropped -49%. However, the blow was definitely softened by the solutions implemented by the major auction houses to continue trading and maintain at least some of their prestige sales afloat.
According to thierry Ehrmann, President and Founder of ArtMarket.com and its Artprice department, “During a chaotic first semester, Sotheby’s has proved there are other ways of keeping the Market alive, notably by mixing online sales and physical sales, a so-called “Bricks and clicks” approach. Patrick Drahi’s company has thus managed to maintain 70% of its turnover, and kept a very low unsold rate of just 25%. Sotheby’s ended the first half of 2020 with $1.5 billion in turnover from Fine Art versus $1.03 billion for Christie’s.
The immense gap in digital culture that the Art Market was still facing a few months ago is on the way to being caught up. The global Covid-19 pandemic has accelerated an inevitable process described by Artprice for the last twenty-five years. The dematerialization of the Art Market is finally effective ”.
First semester turnovers from Fine Art auctions since 2000

The health crisis hasn’t stop a number of artists from posting very good performances. In some cases their markets are perfectly adapted to online sales, in others, demand is so strong for their high quality works that nothing seems to dampen collectors’ enthusiasm.
Artprice looks at the markets of five artists whose prices have been maintained or have continued to climb during the health crisis.
1. George Condo (1957), a dematerialized global market
George Condo is the most successful Contemporary American artist at auction at the moment. Demand is so high from all corners of the globe that his works sell just as well online as they do at physical auctions. In the first half of 2020, fifty-seven of his works were auctioned generating more than $22 million, including two new records.
His canvas Antipodal Reunion (2006) generated Sotheby’s first-ever online result north of the million-dollar threshold on 21 April 2020. Two and a half months later, his painting Force Field (2010) fetched a whopping $6.9 million at Christie’s in Hong Kong: a new auction record for the painter.
Nor has the lockdown/health crisis stopped George Condo’s production. As of 5 November, a solo show titled Internal Riot will present the works he produced during the lockdown at Hauser & Wirth in New York. This will be Condo’s first solo exhibition since he joined the prestigious Swiss gallery earlier this year.
2. Amoako Boafo (1984), success that cuts both ways…
Completed in early 2019, Boafo’s canvas Bathing Suit appeared at auction eight months later, just before the health crisis and having already changed hands three times. On the last occasion, it was collector cum advisor/speculator Stephan Simchowitz who put the work up for sale at Sotheby’s in London. Estimated between $40,000 and $65,000, it reached the astonishing price of $881,500, i.e.13 times its high estimate.
Originally from Ghana, Amoako Boafo settled in Vienna, Austria, but is represented by the Chicago gallery Marian Ibrahim. He has told Bloomberg he was wary of such a sensational auction result. If he had the choice, he said, he would prefer to see his works acquired by a major museum or in a large-scale solo exhibition.
Since the health crisis began, 21 other paintings by Amoako Boafo have been offered at auction and they have all sold above their estimates… without exceeding the remarkable record set for Bathing Suit.
3. Kengo Takahashi (1982), an auction debut in the middle of lockdown
On 14 May 2020 during a Sotheby’s online sale of Contemporary art, Kengo Takahashi’s auction debut sculpture Flower Funeral Deer (2018) was acquired for $100,000. A veritable technical accomplishment in cast aluminum, this work is a unique piece that has already been shown at the Musée des Arts Décoratifs in Paris and at the Kanazawa Museum of Contemporary Art.
With this sale, the Japanese artist scored the world’s best auction debut since the beginning of the health crisis… and he certainly wasn’t alone; in fact, since March of this year, Artprice counts 356 artists who made debuts. The second best result in this ranking is for a work by Maria Farrar (born 1988) whose canvas Baguette (2017), sold for $69,500 at Christie’s on 28 May 2020.
4. Claire Tabouret (1981), a charity sale pinches her market into life
A new talent on the French artistic scene, Claire Tabouret defends a figurative style of painting (mainly portraits) with palettes of colours that are sometimes sober, sometimes flamboyant, but which always manage to impart a powerful emotional charge. Her painting Les debutantes (2014) was the flagship of a charity sale organised in Paris to support healthcare staff in the midst the Covid-19 crisis.
A protégé of Almine Rech (in Europe), Perrotin (in Asia) and Night Gallery (in the United States), Claire Tabouret subsequently recorded an auction record of $452,000 at a Phillips sale in Hong Kong (9 July 2020) for a painting titled Les déguisements (2015).
5. Lucas Arruda (1983), melancholic and dazzling horizons
Started in 2010, Brazilian painter Lucas Arruda’s series Deserto-Modelo attracted a lot of international attention. He was discovered by the Menes Wood DM gallery, but subsequently joined David Zwirner’s stable in 2017. His small landscapes, flirting with abstraction, have already seduced a number of art institutions, including the Fondation Beyeler and the Francois Pinault Collection.
The first auction appearance of a work from this series took place in November 2019: a small oil-on-canvas executed the previous year which fetched $312,500 at Sotheby’s in New York against an estimate of $80,000 – $120,000. This year, seven of his paintings have already been presented at auction, and they have all found buyers.
Copyright 1987-2020 thierry Ehrmann www.artprice.com – www.artmarket.com
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