Art market reports
Gen X are the biggest spenders on art as ‘speculative’ millennials drop back, latest UBS/Art Basel survey finds
The 200-page report, authored by Clare McAndrew, also revealed stable Chinese buying and buoyancy at the lower end of the market as top end softens
Plunging arts exports, cancelled fairs and increased regulation: how Brexit is endangering the UK art market three years on
On the anniversary of the UK's departure from the European Union, dealers and politicians warn Britain is slipping behind its competitors as a cultural leader
Crisis, what crisis? Global import and export of art set to hit record levels by the end of 2022, according to Art Basel/UBS report
Demand from collectors remains “extremely resilient”—but survey asks how long can the current model be sustained?
As market for young artists grows, Sotheby’s turbocharged The Now sale in New York threatens to eclipse its contemporary evening auction
While both back-to-back sales did well, works by artists under 40 were snapped up at a rate not matched by their elders, making seven artist records
Has the art market recovered? A deep dive into the Art Basel/UBS report
Plus, an exhibition about wartime hideouts in Poland and Ukraine, and Mondrian’s final work Victory Boogie Woogie
Phillips donates £5.8m, the auction house's share from its evening sale of 20th-century and contemporary art, to Ukrainian Red Cross
The sale felt fresh, with 83% of works making their auction debut and in-demand young artists again taking centre stage, with a new record for Issy Wood
‘The pandemic isn’t going anywhere, but the world keeps spinning’: galleries make hay while they can at Art Basel in Miami Beach
Timed entry meant a slower start but there is still an appetite for buying, despite the Omicron variant, at America's glitziest art fair
New French art market report finds auction sales dropped 19.5% to $25.5bn in 2020
The Conseil des Ventes Volontaires concludes that China dominates global auctions, accounting for $8.6bn of sales and 35% of the worldwide market
Social media replaces fairs as the third most successful sales channel for galleries in 2020, study reveals
Websites have replaced walk-ins as the second best way to sell art, but staying in top position is outreach to existing clients, according to Artsy Gallery Insights 2021 Report
Instagram rules but don't expect loyalty: new report analyses our online art buying behaviour
The latest Hiscox Online Art Trade Report found that online only art sales at Sotheby’s, Christie’s and Phillips more than tripled at $597m
Female artists outperform men when their work returns to auction, report finds
A data study by Sotheby's Mei Moses reveals a 73% increase for work by women in repeat sales, while men lagged at 8%
Powerful collectors open up in Tefaf Maastricht's Chinese art market report
New study, released today, covers 40-year history of the country's market and reveals many private art museums run at a loss
Smaller galleries rely on just one artist for almost half their income, Art Basel and UBS Global Art Market Report finds
Gender parity and behaviour of high net worth collectors are focuses of the study, which calculates market grew to $67.4bn in 2018
Art authentication is not an exact science
The process of art attribution has come under attack, with forgery scandals rampant
Why the Christie's and Sotheby's duopoly is impregnable
The auction houses sell more than 80% of works priced over $1m at auction—can an underdog ever wrestle market share away from them?
Object Lessons: from a Song Dynasty scroll that could smash auction records to a small but foxy 19th-century garment toggle
Our picks from this week's fairs and auctions around the globe
Phillips and Bonhams see strong sales on smaller lots
The auction houses' bottom lines suffered from unsold lots, continuing a trend of top-lot discernment during New York’s fall sales
Latin American art gets a boost on the auction block
Broadening the sales strategy for Latin American art has been a positive move for some artists' markets
How high will Hockney go and can his soaring market last?
A double pool portrait, estimated at $80m and offered at Christie’s with no reserve, could set a record for the most expensive work by a living artist
Will the UK be able to take part in antiquities busts after Brexit?
Nineteen of the accused in Operation Demetra face trial in December, while the alleged UK mastermind awaits extradition
Top lots go unsold at New York's Impressionist and Modern sales, proving a discerning but 'not doomsday' market
Monet carries Christie's evening sale while a Magritte shines at Sotheby's, marking an auction record for the Surrealist painter
Object Lessons: From a marble mask by Henry Moore to a powerful Namibian wooden sceptre
Our picks from this week's fairs and auctions around the globe
Shanghai’s two rapidly expanding fairs—Art021 and West Bund Art and Design—are attracting dealers despite China's slowing economy
Galleries are also seemingly undeterred by tussles between Presidents Trump and Xi Jinping
Paris versus Shanghai: photo fairs old and new compared
Despite censorship, China’s appetite for photography is growing but Paris Photo remains pre-eminent
Tefaf New York Fall proves a ‘chocolate box’ of a fair, though sales lack Maastricht’s urgency
Key Old Master European works were quick to sell while US-based dealers offer a more 'local flavour'
Could sales slow at Artbo as political conservatism deepens in Colombia?
The divisive election of conservative president Iván Duque in August and resulting political tension may stymie sales at Bogotá's Artbo
Object Lessons: from a medieval manuscript of women's woe to an Italian Baroque #MeToo icon
Our picks from this week's fairs and auctions around the globe
Will the market for AI art take off?
With no auction precedent and little primary market data, Christie's sale of a work made by an algorithm tests demand
Fair’s fair? The murky world of stand costs
Research by The Art Newspaper uncovers wide disparity in both fee structures and transparency
Red tape is stifling German auctions
Stringent cultural heritage laws and bureaucracy are making consignments much harder to find