The report includes a summary of crossborder flows of art around the. Clare mcandrew at tefaf on march 11th 2016 analyses the global art market in 2015. After two consecutive years of contraction 10% in 2015 and 23% in 2016, global art auction turnover. After two years of declining sales, the global market rose 52% to reach a total of 43 billion. That, at least, is the highlevel takeaway from the tefaf 2017 global art market report, which will be released on monday to chart the health of the global art market in 2016. It cannot be guaranteed that the objects currently shown on the website will pass tefaf vetting which takes place shortly prior to the opening of the fair. Tefaf art market report 2015, art economics i amma art market monitor of. We would like to thank jo cortenraedt and his team for all their. Clare mcandrew has presented the tefaf art market report annually since 2008. Us private investment in art and culture increased by 33% over the last 5 years between 20 and 2018 and uks private investment in the arts saw an increase of 11% in individual giving and 10% increase in. This years tefaf art market report shows that in 2014 the global art market reached its highest everrecorded level, a. Market share of china in the global art and antique market 20062016 art fair sales worldwide 20102015 distribution of global art sales in secondtier auction houses 2015, by buyer group. This years tefaf art market report shows that in 2014 the global art market reached its highest everrecorded level, a total of just over 51 billion worldwide, a 7% yearonyear increase taking it above the 2007 prerecession level of 48 billion. Artnet is proud to partner with tefaf to present the tefaf art market report 2017.
Tefaf art market report 2016 download ebook pdf, epub. Tefaf art market report 20 the global art market, with a focus on china and brazil prepared by dr. Her report is based on a survey of auction houses, art dealers and collectors, as well as information gathered from different art and finance databases. The 31st edition of the venerable european fine art fair tefaf opens later this week in the southern dutch city of maastricht. Mar 09, 2016 wednesday march 9 marks the release of the tefaf art market report 2016, compiled each year by dublinbased research and consulting firm arts economics, founded by cultural economist clare mcandrew. Wednesday march 9 marks the release of the tefaf art market report 2016, compiled each year by dublinbased research and consulting firm arts economics, founded by cultural. Tefaf art market report 2018 art dealer finance arttactic. Online focus, released thursday, highlight the tension between the promise of reaching a vast global customer base and the challenge of maintaining the relationshipdriven sales approach that has dominated the art market for centuries. Last year johnny van haeften decided to step down from the ec to. Slowing economic growth and continuing uncertainty in the global economy filtered down to the art market in 2012 with global sales contracting by 7% to 43.
Sothebys and christies do really well in our newly created online art platform ranking 2016, but have they done enough. Rachel pownall presents the tefaf art market report in march 2017 harry heuts the european fine art foundation tefaf has discontinued its widely read annual art market study, reports the financial. As tefaf celebrates 30 years, in this years annual tefaf art market report we take an insightful look into the figures behind the analysis made in previous years to get to grips with the dynamics that are. Tefaf art market report 2017 artwire press release from. As tefaf celebrates 30 years, in this years annual tefaf art market report we take an insightful look into the figures behind the analysis made in previous years to get to grips with the dynamics that are shaping and influencing the world art market in 2016, and. Her new report is set to resemble the tefaf report in terms of its content, covering macroeconomic trends and drilling down into specific areas of interest in the market.
Last year, christies online platform offered 118 sales over 19 categories and saw sales increase by 109%. Tefaf report showed a 7% fall in global art sales in 2015. Global art sales in 2014 break all known records helvoirt, 9 march 2015. Art dealer finance, the new report is being written by anders petterson of. The global art market reached a total of just over 51 billion in 2014, an increase of 7% yearonyear and its highest ever recorded level. Jun 29, 2017 the findings of the tefaf art market report. Key findings of the tefaf art market report 2016 luxembourg. Tefaf drops comprehensive art market report the art newspaper. Maastrichtbased fair organisation deems more targeted. Tefaf maastricht, which takes place annually in march, and tefaf new york. Change is in the air at the european fine art fair tefaf, which runs through march 20 at the convention center in maastricht, the netherlands. A global decline detected according to the tefaf art. This site is like a library, use search box in the widget to get ebook that you want.
In conjunction with our expansion to the usa in 2016, we have expanded the scope. The hiscox online art trade report 2016 innovarisk. At tefaf maastricht, the worlds greatest art and antiques. Tefaf art market report 2015 reveals an alltime high of usd53.
Art dealer finance written by anders petterson of arttactic. A global decline detected according to the tefaf art market. Us private investment in art and culture increased by 33% over the last 5 years between 20 and 2018 and uks private investment in the arts saw an increase of 11% in individual giving and 10% increase in business investment in the arts between 2016 and 2018. Click download or read online button to get tefaf art market report 2016 book now. Tefaf report finds 60% of dealers profit from online sales. Tefaf to maintain annual art market report as clare mcandrew. As every year, i really enjoy to visit the most important art fair in the world, the tefaf located in my old hometown maastricht, the netherlands. Her new report is set to resemble the tefaf report in terms of its content. Mar 12, 2015 global art sales in 2014 break all known records helvoirt, 9 march 2015. The report is looking at the market from the perspective of both consumer and provider, to provide a. As the worlds most prestigious art market, new york city provides the ideal context for a tefaf fair outside maastricht. Tefaf to maintain annual art market report as clare. Although the dealer market for online sales of art and antiques is currently small, the growth stated by dealers in the tefaf art market report 2017, released in march 2017 during tefaf maastricht, is high.
At tefaf maastricht, the worlds greatest art and antiques fair, you can buy masterpieces of art, antiques and design from 275 of the worlds most prestigious dealers. The report includes a summary of crossborder flows of art around the world, focusing on key centres in europe, the us and china in 201415 and examines any regulatory changes or other issues that have affected the. You can see the auction houses moving into this space and see intermediaries moving into the dealer space, but for the high. Published since 2000, the tefaf art market report promised a global assessment of economic trends in the market and billed itself as the most comprehensive summary of its kind.
The vetted event is known for bringing to light the rare and fresh. It is an organisation that runs some of the worlds leading art and antiques fairs. Tefaf is an annual art, antiques and design fair, organized by the european fine art foundation in the mecc in maastricht, netherlands. Behind the scenes at tefaf, the european fine art fair. Her last tefaf report was published in march and timed to coincide with the opening of tefaf maastricht 2016. In her first year as the author of the tefaf global art market report, rachel pownall singlehandedly sliced off a third of the value of the global art market. Mar 14, 2016 change is in the air at the european fine art fair tefaf, which runs through march 20 at the convention center in maastricht, the netherlands. Although the dealer market for online sales of art and antiques is currently small, the growth stated by dealers in the tefaf art market report 2017, released in march 2017 during tefaf maastricht, is high at 18. This year for the first time, the tefaf art market report has been prepared by professor rachel a. As tefaf celebrates 30 years, our annual art market report examines the dynamics that shaped the art world in 2016, and gives insight into trends ahead in 2017 enter overall the art market flourished in. However, certain parts of the market are still growing strong which suggests that the current downturn could be only a passing trend. Mar 04, 2017 that, at least, is the highlevel takeaway from the tefaf 2017 global art market report, which will be released on monday to chart the health of the global art market in 2016.
Jun 21, 2016 her last tefaf report was published in march and timed to coincide with the opening of tefaf maastricht 2016. Com tefaf art market report 20 the global art market, with a focus on china and brazil. As tefaf celebrates 30 years, our annual art market report examines the dynamics that shaped the art world in 2016, and gives insight into trends ahead in 2017 enter overall the art market flourished in 2016, shifting but not shrinking despite a fall in auction sales in the u. Behind the scenes at tefaf, the european fine art fair robb. The latest comprehensive annual report from arts economics shows the us market growing while china and the uk declined. Sales figures for 2012 were adjusted on the previous tefaf art market report 20 due to sales in china reported late to amma art. Please note that the content on the website may be used for press purposes when covering the tefaf art fair. For one thing, the floor plan has a different configuration, including a new entrance hall with two entry points that ease access for the 75,000 annual visitors who consider the fair the very apex of the art andantiquesworld calendar. Rachel pownall presents the tefaf art market report in march 2017 harry heuts the european fine art foundation tefaf has discontinued its widely read annual art market study, reports the financial times, meaning that the first word on the size of the market is likely to go to its competitors analysis, the art basel market report, which was. A new report from the european fine art foundation tefaf, released in conjunction with the current tefaf maastricht art fair, mar. Artbased finance to dealers account for under 10% of the overall artsecured lending market.
Tefaf art market report 20 this report presents an analysis of the key trends in the global art market in 2012, focusing on two contrasting emerging markets for art, china and brazil. The fine art auction data supplier for this report was. Tefaf drops comprehensive art market report the art. Click download or read online button to get tefaf art market report 2016. The tefaf art symposium on friday 11 march 2016 will include the annual tefaf art market report presented by dr clare mcandrew. These figures include both recourse and assetbased loans. We are proud to present the fourth edition of tefaf new york with a focus on. The dynamics of the art market are usually presented in terms of price.
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