The Russian art market — 2017. Publication of the final report ARTinvestment.RU
Remember the significant trends of the past 12 months and publish statistics public sales of Russian art in Russia and abroad. The figures 2017 left no worse than the past. But already in 2018-м the members of the art-рынка can become heavier
to Open the report "the Russian art Market — 2017. Results and stats".
Our report this year for the first time became dynamic: the statistics it is adjusted automatically on the fly as it is received in our database with new results. However reference numbers are essentially will not change.
the Market of public (auction) sales of Russian art in 2017 has increased in Russia (from $7 million to $8.7 million) and abroad (from $287 million to $455 million). The average percentage of lots sold has decreased (in the domestic market from 44% to 38 %), but not critical. These figures do not contradict the subjective feelings of most participants of the market: consumer activity on the background of the General economic depression did not grow and even ruble prices showed noticeable growth (Yes, there are some artists-исключения, but only just).
Traditionally in our reports focus on the auction market @the mdas, where sales volumes more-менее to accurately count. As a rule of thumb, knowing the turnover of the Russian auctions, it is possible to assume that sales in the domestic gallery market in 2017 is unlikely to exceed $25-30 million For the entire 140-миллионную country. Let me remind you that before the crisis-2014 even on the public market in the year there were several sales in the neighborhood of $1 million And now the auction record of the year — $ 290 000, and even on the gallery market transactions of $150 000-300 000 have become a relative rarity.
And whether there will be. There are suggestions that if the authorities all goes as planned, the 2018 will be even more difficult for the national art market. Negative factors would be the lack of progress on the liberalization of exports, the reduction in the number of trading platforms and formats (if CHA), as well as tougher laws for auctions. Read more about this in our report "the Russian art Market — 2017. Results and stats".
good Luck in the New year!
In the holidays, stay tuned to our forum and page AI Facebook. And I remind you that on 8 January 2018 and will open with the new catalog, our weekly AI Auction.
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