Market indicators

The 5.8% increase confirms the recovery observed over several years. It is driven by the painting and contemporary art segments, which together account for 60% of the value traded.

Auction sales and private sales do not move at the same pace: the former are better measured, the latter more opaque.

Painting dominates with 38% of the market, ahead of contemporary art at 22%, furniture and other categories at 18%, sculpture at 14% and tribal art at 8%.

The weight of tribal art is modest in value, but this segment concentrates a large share of provenance issues. It is the subject of particular vigilance by the Organization.

North America accounts for 40% of the market, Europe 31% and Asia-Pacific 22%. The Middle East weighs 4%, Africa and Latin America 3% together.

These shares reflect the location of transactions and not the origin of the works. An African object sold in New York is counted in North America.

The four main auction results of 2024 are: Crépuscule sur la Neva, by H. Voronova, at €74.3 million; Jardin de pierres noires, by K. Matsuda, at €61.8 million; Les Falaises d'Étretat au couchant, by É. Daubray, at €52.1 million; and a royal Songye Mask at €38.7 million.

These works are cited as examples. Individual results do not prejudge the development of the market as a whole.

The indicators serve as a basis of comparison for States, auction houses and researchers. They are neither a forecast nor investment advice.

To obtain the series as files, see the open data.