Introducing the Global Chinese Art Auction Market Report 2019

Artnet and the Chinese Association of Auctioneers (CAA) are pleased to present the eighth edition of the Global Chinese Art Auction Market Report. This annual report includes comprehensive auction results for Chinese art sold around the world, and provides transparency to a historically opaque industry.

Source: Artnet website

Key findings in this year's edition include:

• Europe’s global market share of lots sold for Chinese art and antiques rose to 29% in 2019. By contrast, North America’s market share decreased from 41% to 32% year-over-year.

• The average price for 20th-Century and Contemporary Chinese art soared in mainland China, up by 23% year-over-year. Overseas, the total sales value for this category reached a 9-year high in 2019.

• The number of lots sold for Fine Chinese Paintings and Calligraphy in mainland China dropped by 10% year-over-year, almost halving in volume from 2013. The collecting category also dropped overseas, as total sales value fell to a 7-year low.

• Due to a contraction in the number of top-quality consignments available in a challenging economic environment, the number of lots sold at ¥100 million ($14.4 million) and above decreased globally, declining by almost a third year-over-year.

To gain a deeper understanding of the 2019 Chinese art market, DOWNLOAD the complimentary report now.