The final AI report on the Russian art market in 2019
ARTinvestment.RU   30 декабря 2019

At the end of the year sales of fine art at auctions in Russia has grown almost on third

2019-й year is almost over, and towards the end, we have prepared a traditional portion of the latest total figures and analysts of local and global market of Russian art. The article is already waiting for its reader free in category "Annual reports on the art market".

In 2019 the global sales of Russian art stood at $411,9 million — is 21.5 % below last year's result. But the local market has grown from $7.2 million in 2018, up to $10 million in 2019-м, showing the best result over the past 5 years.

In 2020, we hope to consolidate this trend in the local market and expect the next jump if not growth, then at least stabilization of results in the current year. Hope this reinforces a steady state of the main market participants reached as a result of adaptation to new conditions, to the middle — the second half of 2019.

the Full text of the report "the Russian art Market and art-рынок Russia. Results and key figures 2019" is available here.

Maria Kuznetsov, AI