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Observe: the market observation mission

How OIMAP collects, checks and publishes data on the global art and heritage market.

Updated : October 28, 2026· 3 min read

Measuring in order to understand

Saint Mary Magdalen, Simon Vouet (c. 1630)
Saint Mary Magdalen, Simon Vouet (c. 1630)

Observing is the Organization's first mission. Without reliable measurement, no rule is justified and no protection policy is effective. OIMAP collects, cross-checks and publishes data on the global market.

The market reached €67.8 billion in 2024, an increase of 5.8%. The full analyses are found in the Market section; this page explains the method.

  • Observe
  • Market
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Observe: the market observation mission in figures

€67.8 billionGlobal market 2024
+5.8%Annual change
38%Share of painting
40%Share of North America

Source: OIMAP General Secretariat.

Breakdown

Painting38%
Contemporary art22%
Furniture and other18%
Sculpture14%
Tribal art8%

Breakdown of the market by segment, 2024.

What the Organization measures

Observation covers sales volumes, prices, geographical distribution and the structure of segments. It also looks at declared import and export flows and at the reports recorded in the BIOP database.

These data are not commercial estimates. They are reconciled with the declarations of the Member States and of approved auction houses before any publication.

Bowl with Chrysanthemums, Seifū Yohei IV (1914–46)
Bowl with Chrysanthemums, Seifū Yohei IV (1914–46)
Head of a Woman (400–200 BCE)
Head of a Woman (400–200 BCE)
Cabinet Plate, W. T. Copeland & Sons (1883)
Cabinet Plate, W. T. Copeland & Sons (1883)

The collection method

Three sources feed the barometer: declarations from the national focal points, reports from approved auction houses and cases handled by the Desk. Each source is weighted according to its coverage and regularity.

Discrepancies above an internal threshold trigger a check with the source. The series are then revised once a year, and the revisions are flagged in the methodological note.

From data to decision

The results are presented to the Executive Council and the General Assembly. They are used to justify the directives, calibrate coordinated operations and guide the Academy's curricula.

A fast-growing segment, for example, calls for heightened vigilance over provenance. Conversely, a lasting decline may lead to easing certain formalities.

Independence and transparency

The Market and Studies Directorate works according to rules of neutrality: no data is modified at the request of a State or an operator. The methods are described in the publications.

The 2024 figures are those of the Organization's statistical reference. The additional values mentioned on the site are marked as indicative when they have not been validated.

Market regions, 2024

Regional breakdown of the global market
RegionShare of the market
North America40%
Europe31%
Asia-Pacific22%
Middle East4%
Africa and Latin America3%

Milestones

  1. First monitoring

    Observation mandate set out in the Statutes.

  2. BIOP database

    Reports feed the observation.

  3. Market at €67.8 billion

    Up 5.8% over one year.

  4. 19th General Assembly

    Singapore, 10–12 June.

Public figures

Temple of Athene Nike. Venus Victrix—Wingless Victory, Dimitrios Constantin (c. 1850s–60s)
Temple of Athene Nike. Venus Victrix—Wingless Victory, Dimitrios Constantin (c. 1850s–60s)
Winding Yarn (Interior of a Nantucket Kitchen), Eastman Johnson (1872)
Winding Yarn (Interior of a Nantucket Kitchen), Eastman Johnson (1872)
Seascape with Open Sky, Eugène Boudin (1860)
Seascape with Open Sky, Eugène Boudin (1860)

Public data and internal data

Towel End (c 1700s- 1800s)

Public data

Published every year
  • Market barometer
  • BIOP statistics
  • Open datasets

Accessible to all.

Christ in the Garden of Gethsemane, Hans Daucher (1500s)

Internal data

Used for monitoring
  • Risk alerts
  • Sector analyses
  • Notes to the Council

Reserved for the States.

Using the Organization's data

  1. Define the question

    Market, region or segment.

  2. Choose the source

    Indicators or open data.

  3. Read the method

    Scope and update date.

  4. Citing the source

    Mention OIMAP and the year.

Before citing a figure

A market analyst

The birth of Rama and his brothers, from Chapter 17 of the Bala Kanda (Book of Childhood) of the Adhyatma Ramayana (Rama's Journey of the Su (c. 1820–30)
« Having a public, documented source that is revised every year greatly simplifies our comparisons between regions. »
Hélène Marchetti, analyst (example)

Glossary

Barometer
Set of indicators published every year on the market.
Focal point
Correspondent appointed by a Member State.
Segment
Category of works: painting, sculpture, tribal art, etc.
Review
Annual correction of the published series.

Reading the figures with caution

An indicator only makes sense with its scope. Private sales, for example, are only partially known. Market shares by region should therefore be read as orders of magnitude.

For detailed series, see the market indicators and the open data.

Frequently asked questions

How often are the data published?

Once a year for the barometer, every quarter for the open datasets (indicative).

Can I reuse the figures?

Yes, citing the source; see Open data.

Where can the detailed analyses be found?

In the Market section.

Are sale prices public?

Only aggregated results and the main auction results are published.

Useful documents

Contacts

Pair of Drawings: Sketch of the Labyrinth of the Villa Pisani  and Piazza San Marco with Doges' Palace, Francesco Guardi (1773–1778(?))
Pair of Drawings: Sketch of the Labyrinth of the Villa Pisani and Piazza San Marco with Doges' Palace, Francesco Guardi (1773–1778(?))
General SecretariatParis — Headquarters+33 1 00 00 00 00secretariat@oimap.exampleMonday to Friday, 9 am – 5 pm

Consult the indicators

View of the Gulf of Pozzuoli from Solfatara, Philipp Hackert (1803)

Access the 2024 market figures.

Indicators
Image credits (17)
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