Observe · Regulate · Protect — since 2007. 19th OIMAP General Assembly: Singapore, 10–12 June 2026. Programme
OIMAP
OIMAP
International Organisation
for the Art Market and Heritage
24 October 2026 · Updated at 07:47 GMT FR EN ES Member area Log in
Market

Market

The global art and heritage market in figures: index, segments, regions, record sales and approved operators.

Updated : October 28, 2026· 3 min read

Pages in this section

Nuova pianta di Roma data in luce da Giambattista Nolli l’anno MDCCXLVII, known as La Pianta Grande di Roma, Giovanni Battista Nolli (1748)Global indexThe OIMAP global index tracks changes in art market prices at constant quality, every month, since 2015.› Annunciation to the Shepherds: Leaf from a Book of Hours (1 of 6 Excised Leaves), Henri d'Orquevaulx (c. 1420–30)OIMAP ObservatoryThe OIMAP Observatory produces and publishes the reference statistics of the global art and heritage market.› Sweet Melancholy, Joseph-Marie Vien (1756)2024 annual reportThe OIMAP Observatory's 2024 annual report: €67.8 billion in transactions, growth of 5.8% and a market that is becoming global.› Christ in the Garden of Gethsemane, Hans Daucher (1500s)Breakdown by segmentHow the market's volume is split between painting, contemporary art, furniture, sculpture and tribal art.› Nuova pianta di Roma data in luce da Giambattista Nolli l’anno MDCCXLVII, known as La Pianta Grande di Roma, Giovanni Battista Nolli (1748)Geographic breakdownWhere sales are concluded: North America, Europe, Asia-Pacific, Middle East, Africa and Latin America.› Marie-Yolande de Fitz-James, Henri Fantin-Latour (1867)Top 10 salesThe ten biggest sales of the year: 2024 ranking, earlier rankings and breakdown by auction house.› Sports on a Frozen River, Aert van der Neer (ca. 1660)PaintingThe painting market: old masters, the 19th century and the modern period, with their prices, players and precautions.› Prayer Niche (Mihrab) (c. 1500s or mid-1900s)Contemporary artThe contemporary art market: emerging artists, galleries and fairs, a dynamic and volatile segment.› Buffalo Mask (early to mid-1900s)Tribal artThe market for the arts of Africa, Oceania and the Americas: provenance, restitutions, ethics and growth of 9.4%.› Month of May: Scene of May Day Festival, Gobelins Manufactory (1723–1774)Decorative arts and furnitureThe market for antique furniture, glass, ceramics and silverware: stamps, hallmarks, restorations and prices.› Portrait of a Naval Officer, Lai Fong (1870s)Photography and graphic artsThe market for photographic prints, limited editions and artists' books: prints, editions, states and authentication.› Creamer, Louis Rorimer (c. 1910)Auction housesThe auction houses approved by OIMAP: directory, approval procedure and sales calendar.› Scenes of Daily Life, Roads and Paths: Road to Market (Scènes de la vie quotidienne, Routes et Chemins: Route du Marché), Carle Vernet (1819)Galleries and dealersThe galleries and dealers labelled by OIMAP: directory, conformity label and code of ethics.› Lampas with foliate medallions in ogival lattice (1400s)Digital market and NFTsThe market for digital works and backed tokens: regulation, blockchain certification and approved platforms.› Hours of Queen Isabella the Catholic, Queen of Spain, Master of the First Prayerbook of Maximillian (c. 1500)Studies and publicationsAnalysis notes, sector studies and databases of the OIMAP Observatory, in open access.›

The art market, measured with method

The Brook, Paul Cezanne (c. 1895–1900)
The Brook, Paul Cezanne (c. 1895–1900)

With €67.8 billion in transactions in 2024, the global art and heritage market grew by 5.8%. The OIMAP Observatory tracks its pulse every month, by segment and by region.

The Market section brings together OIMAP's public indicators: the global index, breakdowns by segment and region, the ranking of the biggest sales, the directory of approved operators and the Observatory's publications.

These data rest on transactions certified and declared to the Member States. They are published with their method, so that everyone can check, cite and reuse them.

  • Index
  • Segments
  • Regions
  • Operators
  • Publications

The market in 2024

€67.8bnTransaction volume+5.8% over one year
3.4MLots sold
31%Unsold rate
163.4OIMAP global indexbase 100 in January 2015

Source: OIMAP Observatory, 2024 annual report.

Why a public observatory

Measure to understand, publish to share.

The art market has long suffered from an information deficit: prices known to a small circle, estimated volumes, methods rarely published. OIMAP took the opposite choice. The series, the methods and the databases are open.

This transparency serves all players: buyers who compare, insurers who value, States that regulate, researchers who analyse and journalists who report.

The main chapters of the section

An Old Clothes Shop, Seven Dials, John Thomson (1877)IndicatorGlobal index

Monthly trend, by segment and by region since 2015.

›Relief of Apollo with Nike (27 BCE–14 CE)InstitutionOIMAP Observatory

Mission, methodology and team of the Observatory.

›Views: The Market on the Molo, Antonio Canaletto (1735–1746)Publication2024 annual report

Summary, full report and statistical annexes.

›Fragment Mounted as a Box Cover with a Scene from Amida's Paradise (1100s)AnalysisBreakdown by segment

Painting, sculpture, furniture: the weight of each segment.

›At the Market, Camille Pissarro (late 1800s)AnalysisGeographic breakdown

North America, Europe, Asia-Pacific and other regions.

›The Departure of Saints Paula and Eustochium for the Holy Land, Giuseppe BottaniRankingsTop 10 sales

The 2024 ranking and earlier rankings.

›
Saucer with Scene in style of Watteau (c. 1750–60)
Saucer with Scene in style of Watteau (c. 1750–60)
Figure from a Crèche: Angel (1780–1830)
Figure from a Crèche: Angel (1780–1830)
Vanity Case (Nécessaire) (c. 1760)
Vanity Case (Nécessaire) (c. 1760)

Breakdown of volume by segment

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

Share of 2024 transaction volume.

Breakdown of volume by region

North America40%
Europe31%
Asia-Pacific22%
Middle East4%
Africa and Latin America3%

Share of 2024 transaction volume.

The segments in 2024

Volume and change by segment
SegmentVolumeIndex change
Painting€25.8bn+4.9%
Contemporary art€14.9bn+8.7%
Furniture and other€12.2bn+3.1%
Sculpture€9.5bn+5.2%
Tribal art€5.4bn+9.4%

Tribal art and contemporary art drive growth.

Fifteen years of measurement

  1. First statistics

    Collection of declared sales in the founding States.

  2. Creation of the index

    Base 100 in January 2015, repeat-sales method.

  3. Open data

    Publication of the series under an open licence.

  4. Regional index

    Breakdown of the index across five regions.

  5. 67 contributing States

    Coverage of all the Member States.

Reading a market figure

Two complementary readings

Box (1800s)

Volume

Sum of the year's sales
  • Measures activity
  • Sensitive to large sales
  • Expressed in current euros

Ideal for comparing markets.

The Market Place, Wells, Muirhead Bone (1891–1953)

Index

Change in prices at constant quality
  • Measures the price level
  • Neutralises the effect of exceptional works
  • Base 100 in 2015

Ideal for following the trend.

Still Life with Sweets, Juan van der Hamen y Léon (1622)
Still Life with Sweets, Juan van der Hamen y Léon (1622)
The Four Markets: The Fruit Market, Richard Earlom (1775)
The Four Markets: The Fruit Market, Richard Earlom (1775)
Figure from a Crèche: Standing Mountain Goat (1780–1830)
Figure from a Crèche: Standing Mountain Goat (1780–1830)

Making good use of the Observatory's data

An economist's view

Sugar Bowl, Louis Rorimer (c. 1910)
« A market whose methods are not published is a market that cannot be criticised. »
Dr. Camille Roussel, Director of the OIMAP Observatory

Vocabulary of the market

Index
Measure of the change in prices at constant quality.
Repeat sales
Method comparing the successive prices of the same work.
Unsold rate
Share of lots offered for sale and not sold.
Hammer price
Price at which a lot is sold at auction.

Frequently asked questions

Where do the figures come from?

From sales declared by approved auction houses, galleries and platforms, cross-checked with the certificates issued.

Is the data free?

Yes. The series are published under an open licence in the databases.

Who checks the calculations?

An independent scientific council reviews the method every year: see the methodology.

Are private sales counted?

Yes, when they are declared by an approved operator.

Useful documents

Contact the Observatory

The Apotheosis of Romulus: Design for a Ceiling, Domenico Maria Canuti (c. 1675–76)
The Apotheosis of Romulus: Design for a Ceiling, Domenico Maria Canuti (c. 1675–76)
OIMAP ObservatoryParis — Headquarters+33 1 00 00 01 00observatoire@oimap.exampleMonday to Friday, 9 am – 5 pm

Explore the data

Autumn: Vintage Scene, Gobelins Manufactory (designed c. 1535, woven mid- to late 160)

Browse the global index, month by month, since 2015.

See the global index
Image credits (38)
▲