Numbers and trends of world art-рынка in 2019-м year
ARTinvestment.RU   13 января 2020

Total sales fell nearly 20 %, and China almost caught up with America

Analytical portal ArtTactic one of the first published official statistics of the global art-рынка last year, clearly confirming what had been expected (and even, in a sense, obviously, given our immersion in the topic): after the financial turbulence of the past two years, slipped and art-рынок.

World auction sales of relatively 2018-го of the year fell by 19.8 %. The decline in sales recorded in the first half of 2019 (20.3 %), continued in the second half, especially in the fourth quarter.

Among the big three auction (this auction house Sotheby's, Christie's and Phillips) the best result with the drop in sales of 9.1 %, showed Phillips. For Sotheby's annual decline in sales offline-аукционов was 18.4 %, and to Christie's the same figure fell to 22.2 %.

In a geographical sense, are among the leaders in market share in the auction, held in Geneva (-29,3 %), new-Йорке (-23,4 %) and London (-27,2 %). Indian Mumbai and is marked by a fall of almost 60 % compared to the figures of 2018. Shanghai and Hong Kong lost 3.3 and 5.6 percent, respectively.

nevertheless Hong Kong in 2019 significantly strengthened its position in the global art-рынке, standing almost on a par with new-Йорком and London. Despite the growing economic uncertainty and social unrest in Hong Kong in the second half of 2019, the auction Sotheby's, Christie's and Phillips conducted there showed relatively stable and high results. This is particularly noticeable in comparison with the annual rates of London and new-Йорка that the rapidly changing geopolitical and economic circumstances (and here we mean the upcoming "Brakcet" and trade wars, and the upcoming/just past elections) kept in constant stress and uncertainty.

Among the positive results of last year can be noted older auction sales of Paris ( 22.2%), and Dubai ( 34,2%) and the increase in the total number of art sales in the segment of Post War&Contemporary Art ( 4,6 %).

Latest — is especially important since contemporary art is on-прежнему is the locomotive of the global art-рынка and the main factor of education trends, it guides. As we can see, despite all what is happening in the global art-рынке, though not by the efforts of American or European collectors, but due to large sales in the Asian segment of contemporary art is growing (which gives hope that global will start to level off after the fall) and in the case that the coming 2020-й will be more stable in geopolitical and/or economic terms, will continue to grow.


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