Art Galleries Show Confidence in The French Market
Paris has become an international platform for exchange and experimentation.
The post Art Galleries Show Confidence in The French Market appeared first on LUXUO.
According to The Art Market Report 2023 published by Art Basel and UBS, France is the world?s fourth largest art market after the United States, the United Kingdom and China, with a sales volume approaching USD5 billion in 2022, an all-time record and equivalent to a 7 percent market share. This dynamism is attracting ever more international players, seduced by the artistic aura and multicultural offerings of the Parisian marketplace.
“In over 50 years of existence, 2022 has been our best year ever,” asserts Daniel Templon, founder of the eponymous gallery in 1966 which boasts two spaces in the Centre Pompidou district, one in Brussels and another in New York that opened last year. “2023 seems to be following the same path,” agrees Anne-Claudie Coric, the gallery?s director.
Most players in the French art market agree that by 2022, Paris had become the most attractive of European capitals even amid unstable geopoliticals, post COVID-19 difficulties, inflation and the uncertainties of war in Ukraine. Although London remains the European stronghold for auctions, Brexit has led to several gallerists to turn to the French capital, following the example of David Zwirner who opened a space in the Marais district in 2019. “Brexit changes the game,” Zwirner ...
The post Art Galleries Show Confidence in The French Market appeared first on LUXUO.
According to The Art Market Report 2023 published by Art Basel and UBS, France is the world?s fourth largest art market after the United States, the United Kingdom and China, with a sales volume approaching USD5 billion in 2022, an all-time record and equivalent to a 7 percent market share. This dynamism is attracting ever more international players, seduced by the artistic aura and multicultural offerings of the Parisian marketplace.
“In over 50 years of existence, 2022 has been our best year ever,” asserts Daniel Templon, founder of the eponymous gallery in 1966 which boasts two spaces in the Centre Pompidou district, one in Brussels and another in New York that opened last year. “2023 seems to be following the same path,” agrees Anne-Claudie Coric, the gallery?s director.
Most players in the French art market agree that by 2022, Paris had become the most attractive of European capitals even amid unstable geopoliticals, post COVID-19 difficulties, inflation and the uncertainties of war in Ukraine. Although London remains the European stronghold for auctions, Brexit has led to several gallerists to turn to the French capital, following the example of David Zwirner who opened a space in the Marais district in 2019. “Brexit changes the game,” Zwirner ...
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