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Published our annual report of the Art Market in Russia in English
ARTinvestment.RU 12 января 2017

ARTinvestment.RU summed up 2016 for the Russian art market in a special report in the English language. In addition to the key statistics for the domestic market, it includes a description of current trends, information about the structure of demand and other data

the English version of the report Art Market in Russia. 2016 Report summarizes the findings of our publication in Russian "Art-рынок Russia. Preliminary results — 2016" but contains a number of refinements.

In particular, it clarifies the total annual sales of the domestic auction market in Russia. He made $7 million, which is 52 % higher than in 2015, but still three times less than in 2013-м.

Refined the average percentage of purchased lots at the auctions in 2016, up 44% versus 35 % a year earlier.

the Report is addressed to foreign readers, therefore, complemented by a description of the General economic situation in Russia and our assessment of its impact on the domestic art market. The report was published here.

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Attention! All materials of the site and database of auction results ARTinvestment.RU, including illustrated reference information about the works sold at auctions, are intended for use exclusively for informational, scientific, educational and cultural purposes in accordance with Art. 1274 of the Civil Code. Use for commercial purposes or in violation of the rules established by the Civil Code of the Russian Federation is not allowed. ARTinvestment.RU is not responsible for the content of materials submitted by third parties. In case of violation of the rights of third parties, the site administration reserves the right to remove them from the site and from the database on the basis of an application from an authorized body.

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