Asian art market trends: 5 top posts from 2010 to 2011

ART MARKET WATCH LIST

A rising giant, important innovations and stars of the Asian art scene: as part of our ongoing “Lists” series we focus on the latest trends in the contemporary Asian art market and summarise five of the top posts added to our archive over the last year.

Chinese artist Chen Yifei's Thinking of History at My Space, 1979 sold for CNY36,100,000 landing him at #69 on Artprice's 2009 Hammer Price List

Chinese artist Chen Yifei's Thinking of History at My Space, 1979 sold for CNY36,100,000 landing him at #69 on Artprice's 2009 Hammer Price List

Qatar top contemporary art buyer internationally, reports Art Newspaper

August 2011

How do you change a desert into an art oasis? This Art Radar post focuses on a discussion of the Middle East as a major player in the international contemporary art market, with a link to an article published by The Art Newspaper which highlights the recent contemporary art purchases made by leading Qataris and the government of the country.

Click here to read full post on Qatar as a top contemporary art buyer.

Sheikha Al Mayassa bint Hamad Al Thani, Chairperson of the Qatar Museums Authority. Image from pinchukfund.org.

Sheikha Al Mayassa bint Hamad Al Thani, Chairperson of the Qatar Museums Authority.

Auction houses grow: Can art dealers compete? The Art Newspaper

August 2011

This post looks at a recent shift in the art market: art dealers now have to live with the power of auction houses which over the past two decades have transformed from being wholesalers to retailers. It comments on how dealers can successfully innovate and compete with auction houses by expanding the ways through which they can sell art.

Click here to read full post on competition between auction houses and art dealers.

Hong Kong art fair ART HK 11: Chinese contemporary art market to outgrow US and European – press release

May 2011

Based on two art market reports put together by ART HK 11 and ArtTactic, this post demonstrates that the Chinese contemporary art market is growing fast and is on its way to becoming the biggest market world-wide, perhaps even exceeding the top US and European markets.

Click here to read the full post on ART HK 11 and the rise of the Chinese contemporary art market.

Exhibition hall view, ART HK 11. Image from cnngo.com.

Exhibition hall view, ART HK 11. Image from cnngo.com.

Fine art funds trends today – ArtInsight panel talk summary

March 2011

This post is one in a series of Art Radar reports on a set of art market investment trends seminars organised by ArtInsight, an education partner of art market research firm ArtTactic. Art Radar breaks the content of the seminar into bite-sized chunks, highlights the importance of innovations in art investment in a changing international economic climate and, more specifically, focuses on how fine art funds play a role in the market.

Click here to read the full post on fine art funds trends today.

Which Asian contemporary artists made Artprice auction revenue top 500?

December 2010

If you are looking for a summary on the top 500 contemporary Asian art prices, this post is a great start! Art Radar has put together a comprehensive list of the biggest-selling artists in Asia, compiled from the Artprice Annual Report (2009/2010). Catch up on who the current stars are before the next list is released in late 2011.

Click here to read the full post on Artprice auction revenue top 500.

British-Indian artist Anish Kapoor standing in front of 'Yellow' (1999), made of fiberglass and pigment (600 x 600 x 300 cm). Image taken from weirdnews.about.com.

British-Indian artist Anish Kapoor standing in front of 'Yellow' (1999), made of fiberglass and pigment (600 x 600 x 300 cm).

LVE/KN/HH

Related Topics: business of art, art funds, corporate art collectorsart and the Internet, globalisation of art

Related Posts:

Subscribe to Art Radar for updates on new Asian art market trends


Leave a Reply

Your email address will not be published.