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French contemporary art market under pressure

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FIAC, France’s biggest contemporary art fair, runs from 9-13 October 2003, with 174 galleries and an estimated 70,000 collectors expected to attend. With doors due to open in a few days, Artprice takes the pulse of one of the market’s most volatile segments.

[09/11/2003] - Read more

How does the French contemporary art market measure up today?

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Since it reformed its auctioneers, France has increased its share of the auction market from 7% of worldwide turnover in 2001, to 8.6% in 2002. Yet growth in the wider sector has done little for the contemporary art market. France only generated 4.5% of the proceeds from contemporary artworks in 2002.

[07/01/2003] - Read more
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