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The Art Market in 2017

Wan-Jie
WAN, Jie: founder and President of Artron Art Group; founder of AMMA (Art Market Monitor of Artron). In March 2018, AMMA joined forces with Artprice and released a “2017 Report on the Art Market”.
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thierry Ehrmann, founder and CEO of Artprice.com. “In 2017, Artprice celebrated its 20th anniversary, twenty years during which the global Art Market has been metamorphosed”.
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Since 2012, an exclusive alliance between the French company Artprice and the Chinese company Artron has produced the best possible analysis of the global Art Market.
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The art market enters a new phase. 2017 marks a return to worldwide growth for the art market. After two consecutive years of contraction (-10% in 2015 and -23% in 2016), global art auction turnover increased by +20%, equivalent to…
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 (Art Market Monitor of Artron , AMMA). The “Quality over Quantity” strategy of Chinese Art Auction Market has paid off.
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The Western Art Market has never been denser: more than 413,000 artworks were sold through auctions during 2017… a new record.
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The collection of artworks requires a general understanding of the market, and a certain knowledge of the nature of its supply and demand.
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The Art Market Globalization and Impact of the Museum Industry. This year’s percentage of Chinese artists in the top 500 was above 30%, clearly illustrating – in addition to the turnover figures – China’s supremacy…
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Three of the best auction results of all time were recorded during 2017, a year that was particularly rich records across all artistic periods, from Old Master art to Contemporary art.
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In 2017, European artists accounted for nearly half of the world’s Top 500 artists last year, ahead of Asia (162) and North America (82).
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