Recently, the Artron Art Market Monitoring Center (AMMA) released the "China Art Auction Market Survey Report (Lower 2021)".
This report conducts in-depth data analysis from the global economic environment in the second half of 2021, the transaction scale of China's art market, transaction prices, art revenue and three major categories.
It objectively presents the transaction situation of China's art auction market in the second half of 2021 and predicts the trend of the art market in the first half of 2022.
Chinese painting and calligraphy: Ancient calligraphy and painting remain firm, and modern calligraphy and painting are steady and progressive
In the past three years, due to the business strategy of slightly reducing the quantity and reducing the quality implemented by the auction company, the number of paintings and calligraphy auctions has continued to decrease, and the total number of paintings and calligraphy auctions in the second half of 2021 has decreased by 5.15% year-on-year.
However, its volume increased slightly, up 0.79% year-on-year. In terms of scale, the turnover of calligraphy and painting in the second half of 2021 accounted for 42% of the total market, down 4 percentage points.
On the whole, ancient calligraphy and painting remain firm, modern calligraphy and painting are making steady progress, and a new generation of collectors leads new changes in aesthetic tastes.
In the price range of the transaction, the transaction of 100 million yuan of auctions in the calligraphy and painting sector has shrunk significantly, and the transaction of low-end calligraphy and painting has been stable.
In terms of regional structure, the scale of calligraphy and painting in the Beijing-Tianjin-Hebei and Pearl River Delta regions has increased significantly, and the decline in Hong Kong, Macao, Taiwan and the Yangtze River Delta region has been relatively large.
Porcelain miscellaneous section: the overall volume and price rose together
Following the steady rise of the auction antique miscellaneous sector in the autumn of 2020, an explosive breakthrough was made in 2021. As one of the three major categories of the art auction market, the porcelain miscellaneous market has always been an indispensable and important support for the art market.
In the second half of 2021, the total turnover of the porcelain miscellaneous sector was 10.456 billion, a slight increase of 8.8%.
The Beijing-Tianjin-Hebei region accounted for 48% of the turnover, which was mainly due to the high-priced lots in this area, and there were 11 in the top 100 transactions in the Beijing area.
Only one lot in the porcelain miscellaneous plate exceeded 100 million yuan, a year-on-year decrease of 2 pieces, and the rest of the range was surpassed or flat. The highest price of the lot is from the home sector, the porcelain category is slightly regrettable, the highest transaction price is 82.23 million yuan.
Oil Painting and Contemporary Art: Ushering in the BillionAire Era of Western Art
In the oil painting and contemporary art sector, in the second half of 2021, a total of 8524 pieces were auctioned, and 5623 pieces were sold, with a turnover of 6.421 billion yuan, down 30.14% year-on-year.
Since this sector has been in the explosive growth stage in recent years, its upper auction volume and transaction volume have continued to expand, and in the second half of 2021, the upper auction volume and transaction volume have increased by 30.44% and 24.21% year-on-year, respectively. The turnover of this sector accounted for 21.11% of the total market, down 3 percentage points from the same period last year.
In the price range, the number of transactions of 100 million yuan lots decreased significantly, but the turnover of 100 million yuan increased by 54.02%.
In terms of regional structure, the scale of oil painting and contemporary art in Hong Kong, Macao and Taiwan and the Pearl River Delta region increased significantly, especially in Hong Kong, Macao and Taiwan, with an astonishing increase of 1464.65% year-on-year; the Beijing-Tianjin-Hebei and Yangtze River Delta regions declined significantly.
For more industry data, stay tuned
"China Art Auction Market Research Report (Part 2021)"
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