SAINT-ROMAIN AU MONT, FRANCE--(Marketwire - Mar 7, 2013) -
For this study of the global art market in 2012, Artprice has formed an
with Artron, the leading information service on the art market in China
the Greater Asia region, in order to provide the best possible overview
art auction market.
For years, Artprice has taken the utmost interest in collecting the data
Asian art market and more especially the Chinese market. However,
missing a key element: the cultural and sociologic analysis that key
Market Monitor of Artron (AMMA) only could provide, according to
Ehrmann, the founder and CEO of Artprice. With the art market now
entering into a dialogue between East and West has enabled us to come
unprecedented cross-cultural analysis of the market.
In fact, we are analysing a bipolar art market that has grown in China
West and at different speeds in different cultural terrains and
different standards. In comparison with 2011 figures, released by
its annual report, those of 2012, co-released by Artprice and Artron,
increase by 6.1%.
There has of course been a globalisation effect due to the
the art market through the Internet and the nomadic nature of collectors.
course it is clear that bridges have been built between East and West and
the creation, supply and demand of art sometimes overlap at certain
we cannot say that art has become totally homogeneous. On the contrary,
market exacerbates cultural differences by reflecting the gamut of
choices. Chinese collectors are not inclined to buy a Western piece of art
they find is too far removed from their cultural parameters. Instead,
prefer traditional styles, ancient calligraphy and, more recently,
"experimental" ink art. Likewise, Western collectors mainly buy the
artists who speak their language, including some Asian artists who
assimilated Western art history.
So the idea of a globalised art market should be taken with a pinch of
any case, it is a little premature for Western and Chinese readers to be
their bearings in an analysis of the global art market that is bent on
information from East and West at all costs. In order to provide a
transparent analysis for our entire global readership, this year our
made up of an introduction that covers the results of art sales around the
in 2012, followed by two distinct chapters. The first of these
exclusively on the art market in the West and Artprice data, while the
focuses on art in China and Artron data. This fertile relationship
Artprice and Artron has led us both to examine our areas of
divergence and to look at the way a new geopolitics is evolving in
market of the 21st century.
For the past ten year, Artprice has published its exclusive annual art
report - available in 6 languages -, which is distributed to over 6,300
organisations and international institutions every year. Based on 6.3
auction results from 4,500 auction houses around the world, the report
macro- and micro-economic analyses providing the keys to
annual evolution of the global auction market. It discusses the major
the market, analysed throughout the year on the ArtMarketInsight page
website, by the Artprice press agency and jointly by the Artprice and
Market Monitor of Artron Econometrics Department. To complement this
appreciation of the art market based on a year of global auction
Artprice and the Art Market Monitor of Artron also offer numerous
rankings such as the Top 500 artists by auction revenue and the Top 100
results of the year.
Download the complete document in English - PDF format (Free download)
Download the complete document in Chinese - PDF format (Free download)
About AMMA, a subsidiary of GROUPE Artron
AMMA -Art Market Monitor of Artron- is a subsidiary of GROUPE Artron. AMMA
research center committed to comprehensive monitoring and in-depth
the Chinese Art Market. The research and advisory services are sourced
Artron's database, recognized as the largest and most credible database
Chinese art market with more than 2.5 million artworks listed and
results from all over China. For each artwork listed the database contains
definition images and is supplemented with information from more than
auction houses ever since China Guardian commenced auction activities in
in 1993. Using statistical and econometric methodology, AMMA observes the
trends of the Chinese art market as well as the specific movements
particular specialty markets, categories or artists. AMMA also provides
analysis, technical valuations and pricing advice. It also organizes
for individual and institutional customers
ARTPRICE has joined the prestigious SBF 120 index. The SBF 120 index is
of the 120 largest French listed companies, including the CAC 40
the country's 80 most liquid stocks.The current liquidity of the Artprice
is 3.83 million euros per day calculated over 440 trading days (amounting
total of EUR1.670 billion).
Artprice is the global leader in databank on Artprices and indices with
than 27 million indices and auction results covering more than 500,000
Artprice Images® offers unlimited access to the largest Art Market
the world, a library of 108 million images or engravings of artworks from
to the present day along with comments by Artprice's art historians.
permanently enriches its databanks with information from 4,500
auction houses and auctioneers and publishes a constant flow of art
trends for the main news agencies and 6,300 international written media.
2.072 million members (member log in), Artprice posts standardized
what is today the world's leading Standardised Marketplace® for
selling works of art by private contract or at auctions -regulated by
alinéas 2 et 3 de l'article L 321.3 du code du commerce.
Artprice is listed on Eurolist B SBF 120 by Euronext Paris (SRD long
Euroclear: 7478 - Bloomberg: PRC - Reuters: ARTF
Discover the Alchemy and the universe of Artprice
which headquarters are the famous Museum of Contemporary Art, the Abode of
The Art Market 2012:
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Source: ARTPRICE COM via Thomson Reuters ONE