News

2014 global art market exceeds pre-recession levels

Each year TEFAF commissions a report on the status of the global art market; 2014 findings have bolstered market confidence.

25 Mar 2015

Gina Fairley

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Visual Arts

Commissioner of the 2014 TEFAF Art Market Report, Dr. Clare McAndrew; supplied.

It is a pretty phenomenal statement, to realise that the art market has recovered and grown with such a solid percentage. While some Australian galleries continue to struggle with the art market domestically (several announced closures last year), one might ask how such a report and its impact filters down to the mid market levels outside of its global centres of the UK, US and China.

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Gina Fairley

Gina Fairley is ArtsHub's National Visual Arts Editor. For a decade she worked as a freelance writer and curator across Southeast Asia and was previously the Regional Contributing Editor for Hong Kong based magazines Asian Art News and World Sculpture News. Prior to writing she worked as an arts manager in America and Australia for 14 years, including the regional gallery, biennale and commercial sectors. She is based in Mittagong, regional NSW. Twitter: @ginafairley Instagram: fairleygina