Rus Eng
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Rus Eng
24 August 2019

Analytical report of the Russian Contemporary art market

Annual issue of Analytical report of the Russian contemporary art market - InArt 2017 (part 2) was introduced in December 2017. 
For the first time in the history of the Russian contemporary art market we calculated market volume. It was based on auction and gallery sales during 12 months: period from June 2016 to May 2017.
Also InArt 2017 (part 2) report provides description and comparison of the history of development of 4 markets: American, European, Chinese and Russian. InArt sets a goal to explain as clear and as short as possible peculiarities defining each market development, to explain readers the rules which drive art market and pricing in contemporary art and the Russian contemporary art market potential. 
InArt international experts:
Alex Chang Yi-Hsui — Managing Director, Poly Auction Limited (Hong Kong)
Roman Kraussl — Professor at the Luxembourg School of Finance and Visiting Fellow at the Hoover Institution at Stanford University
Volker Diehl — German gallerist  (Galerie Volker Diehl)
Alistair Hicks — writer, former Deutsche Bank AG curator
Simon Hewitt — journalist, art market specialist
Nick Iljine — The Hermitage Museum adviser
Bertrand Scholler — French gallerist (55Belleschasse gallery)
Judith Benhamou-Huet — art critic, author of several books on the art market, among them “The Worth of Art: Pricing the Priceless”

Ksenia Podoynitsyna —  InArt founder:
“In comparison with other markets Russian art market develops longer and harder due to historical and political factors. We present comparative analysis of different markets’ evolution and it becomes obvious, why collectors are interested in Russian art.
The report traditionally available online in two languages – Russian and English”.