Will 2012 be as good as 2011?
ArtTactic's Global Art Market Outlook report examines the current trends within China as well as the rest of the top art markets. There is a snapshot of the overall art market barometer and an individual breakdown of the welfare and performance of each region. This report includes auction analysis and the expectations for the year ahead.
Last year was a record year for the Chinese art market, up 34% from 2010, based on the results from the Top 4 auction houses. The financial turmoil in Europe and US has not yet filtered down to the Chinese art market. The overall ArtTactic Chinese Art Market Confidence Indicator for November 2011 came in at 80, only 2% below the record reading in April 2011.
View the embedded image gallery online at:
http://www.arttactic.com/market-analysis/art-markets/chinese-art-market/art-market-outlook-2012-china.html?Itemid=102#sigProGalleriafc09f16048
http://www.arttactic.com/market-analysis/art-markets/chinese-art-market/art-market-outlook-2012-china.html?Itemid=102#sigProGalleriafc09f16048
Report Details:
- Date: 01 February 2012
- Number of Pages: 8
- Name of Researchers: Anders Petterson, Nathan Engelbrecht
- Type of Report: Market Report