These indices will provide a comprehensive and transparent way to track the performance of the global art market.
Table of Contents
The MM Global Impressionist Price Index
The MM Global Impressionist Price Index is the first of its kind, providing a benchmark for the global art market. It is based on auction data from leading houses, including Sotheby’s, Christie’s, and Phillips. The index is calculated using a weighted average of the prices of 100 top-selling Impressionist artworks at auction. Key features of the MM Global Impressionist Price Index:
- Tracks the performance of the global art market
- Based on auction data from leading houses
- Calculated using a weighted average of prices of top-selling Impressionist artworks
- Provides a benchmark for the global art market
- Tracks the performance of the global contemporary art market
- Based on auction data from leading houses
- Calculated using a weighted average of prices of top-selling contemporary artworks
- Provides a benchmark for the global contemporary art market
- Zao Wou-Ki, a renowned Chinese-French artist known for his bold and colorful paintings
- Wu Guanzhong, a prominent Chinese artist and painter who is widely regarded as one of the most important artists of the 20th century
- Qi Baishi, a celebrated Chinese painter and printmaker who is known for his vibrant and expressive works
- Huang Gongwang, a legendary Chinese painter who is considered one of the greatest artists of the Yuan dynasty
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The MM Global Contemporary Art Price Index
The MM Global Contemporary Art Price Index is the second of its kind, providing a benchmark for the global contemporary art market. The index is calculated using a weighted average of the prices of 100 top-selling contemporary artworks at auction. Key features of the MM Global Contemporary Art Price Index:
The Impact of the Indices on the Art Market
The launch of the MM Global Impressionist Price Index and the MM Global Contemporary Art Price Index is expected to have a significant impact on the art market.
The index also highlights the growing importance of Chinese art in the global art market.
The Resilience of Chinese Art
A Decade of Growth
Chinese art has experienced a remarkable decade of growth, with the market size increasing by 50% between 2014 and 2024.
The MM Chinese Art Liquidity Index: A Benchmark for Market Performance
The MM Chinese Art Liquidity Index is a widely recognized benchmark for measuring the market performance of Chinese art. It was developed by the art market research firm, Art Market Monitor (MM), to provide a comprehensive and data-driven assessment of the Chinese art market. The index is based on a comprehensive analysis of market data, including sales, prices, and auction results.
Key Artists with Exceptional Market Liquidity
The MM Chinese Art Liquidity Index highlights key artists whose works exhibit exceptional market liquidity. These artists include:
These artists have consistently demonstrated strong market liquidity, with their works selling for high prices at auction and in private sales.
Comparative Analysis with Traditional Assets
A comparative analysis of the MM Chinese Art Liquidity Index with traditional assets like the S&P 500 reveals that Chinese art has consistently outperformed these assets.
This article was produced in collaboration with Cision PR Newswire, our trusted news source. The author’s personal views and content featured on this page are their own and do not necessarily reflect the viewpoints of Thailand Business News. In this article, we aim to provide an overview of the current state of the market and the trends that are shaping it. We will explore the key drivers of growth, the challenges facing businesses, and the opportunities that are emerging. One of the key drivers of growth in the market is the increasing demand for digital solutions. As more and more businesses move online, the demand for digital services such as e-commerce, online marketing, and digital payment systems is rising. This trend is expected to continue, driven by the growing need for businesses to reach new customers and stay competitive in a rapidly changing market.