Although the art market remained robust this past year, there has been a marked shift in the global landscape. According to the 2016 Art Market Report, produced by Dublin-based economist Clare McAndrew and released under the aegis of the European Fine Art Foundation (TEFAF), there was a 7 percent decline in sales worldwide, from $68.2 billion in 2014 to $63.8 billion in 2015, with much of that decline coming as a result of a contraction in the Chinese economy. Despite the drop, sales in the United States rose 4 percent, to a record $27.3 billion, confirming the nation’s primacy as the global market leader, with a 43 percent share of the market. Sales held steady in the United Kingdom, landing it in second place at 21 percent; this may change, however, as the market responds to the contentious Brexit vote this past June. China came in third at 19 percent, with sales in the Asian nation dropping some 23 percent, from $15.4 billion in 2014 to $11.8 billion last year.Overall, sales at auction accounted for 47 percent of the 2015 art market total, with the remainder coming from private sales by dealers and other agents. Postwar and contemporary works commanding more than $1 million continued to dominate, though they represented less than 1 percent of lots sold. The $1 million–plus segment of the market grew a staggering 400 percent, while the market for works selling for $10 million or more saw growth of more than 1,000 percent. In its August issue, Art+Auction profiled 250 auction houses around the globe, providing information on key personnel and sale locations. (It is important to note that the listings include only salesrooms, not regional offices or representatives.) For this edition, art world insiders also shared their insights into regional market developments and where global commerce may lead us in the months ahead.In the upcoming days, ARTINFO will publish the auction house profiles and stories from Art+Auction’s August issue. Here, we present the magazine’s selection of the top auction houses of Africa and the Middle East.To find all our coverage of the 250 Best Auction Houses Worldwide, as well as ARTINFO’s top picks for the best in visual arts, architecture and design, performing arts, lifestyle, and culture and travel, visit our Top Lists page at blouinartinfo.com/toplists.Africa and Middle East ArmeniaAbraham Anna AuctionYerevanKey Personnel:Armine Beglaryan (Executive Director)Established:2005Specialties:Fine and contemporary artNotable Lots:Jean Jansem (Hovhannes Semerdjian), Nude, date unavailable, $15,300, April 19, 2014. Krikor Bedikian, Beach, date unavailable, $6,700, April 19, 2014. Tigran Asatryan, Woman with a Parrot, 2011, $1,880, April 19, 2014.Contact:aaauction.aminfo@aaauction.am+374 60 52 72 99IsraelEgozi GalleryTel AvivKey Personnel:Yariv Egozi (Owner)Established:1983Specialties:Israeli and international art, Judaica, antiques, jewelry, collectiblesNotable Lots:Bernard Reder, The Trumpets of Jericho, 1960, $2,715 (est. $4,200–4,600), May 9, 2016. Tiffany & Co., 18-karat-gold necklace, 20th century, $2,715 ($5,500–6,000), May 31, 2016. Painting of Saint Francis of Assisi, Italian School, 17th century, $2,345 (est. $3,500–4,000), June 7, 2016.Contact:egozigallery.comegoziart@gmail.com+972 3 5277282Kedem Auction HouseJerusalemKey Personnel:Meron Eren (Cofounder), Avishai Galer (Cofounder)Established:2008Specialties:Books and manuscripts, Judaica and Israeliana, Israeli and international artNotable Lots:Letter by Rebbe Avraham of Ciechanów to his son Rebbe Ze’ev Wolf of Stryków, 1848, $104,550 (est. $15–20,000), December 2, 2015. Raphael Neckarsulm, Passover Haggadah illuminated manuscript with appliqués, Germany, 1796, $73,800 (est. $20–30,000), December 2, 2015. Small Torah scroll in original case with finials, Iraq, 1932, $13,530 (est. $7,000–13,000), December 2, 2015.Contact:kedem-auctions.comoffice@kedemltd.com+972 77 5140223Matsart Auctioneers & AppraisersJerusalem; Tel AvivKey Personnel:Lucien Krief (Owner and ceo), Stella Costa (Senior Director)Established:2006Specialties:Impressionist, Israeli, modern, and contemporary artNotable Lots:Bernard Buffet, La Tour Eiffel, 1955, $996,300 (est. $550–650,000), February 16, 2016. Camille Pissarro, Pommiers en fleurs, Eragny, ca. 1900, $593,000 (est. $480–600,000), October 13, 2015. Marc Chagall, L’Inspiration du peintre, ca. 1970, $509,000 (est. $280–350,000), October 13, 2015.Contact:matsartauctioneers.co.iloffice@matsart.net+972 2 6251049Tiroche Auction HouseHerzliya PituachKey Personnel:Dov Hazan (Cofounder and Managing Director), Orna Hazan (Managing Director)Established:1992Specialties:Asian, African, and pre-Columbian art; Judaica; fine and decorative arts; antiquesNotable Lots:Reuven Rubin, Portrait of Nechama Gur, 1926, $207,000 (est. $150–200,000), January 30, 2016. Nachum Gutman, Picking Oranges in Neve Tzedek, 1967, $161,000 (est. $130–160,000), January 30, 2016. Moshe Castel, Figures in Safed, 1931, $92,000 (est. $20–30,000), June 27, 2015.Contact:tiroche.co.ilart@tiroche.co.il+972 9 9509893NigeriaArthouse ContemporaryLagosKey Personnel:Kavita Chellaram (Founder), Nana Sonoiki (Manager and Specialist)Established:2007Specialties:Traditional, modern, and contemporary African artNotable Lots:Ben Enwonwu, Obitun Dancers, 1990, $265,956 (est. $90,000–111,000), May 9, 2016. Ben Enwonwu, Untitled, 1976, $135,828 (est. $48–60,000), November 2, 2015. El Anatsui, Zata, 2015, $92,967 (est. $91,000–109,000), May 11, 2015.Contact:arthouse-ng.comlagos@arthouse-ng.com+234 1 774 0909QatarAlBahieDohaKey Personnel:Corinne Lefebvre (Director), Alexandra Bots (General Specialist)Established:2016Specialties:Islamic art, Middle Eastern modern and contemporary art, Orientalist art, European antiques, carpets and rugs, jewelry, watches and clocks, motor carsNotable Lots:Frederick Goodall, Bedouin family in front of pyramids, undated, $9,500 (est. $12–14,000), April 5, 2016. Serge Sauvage, Mosquée a Tunis, undated, $8,000, (est. $9,800–12,000), April 5, 2016. Albert Aublet, Jeune femme au voile, 1884, $7,500 (est. $9,500–12,500), April 5, 2016.Contact:albahie.cominfo@albahie.com+974 4408 0534South AfricaStephan Welz & Co.Cape Town; JohannesburgEstablished:1968Specialties:Fine art, photography, jewelry and timepieces, furniture, carpets, silver, ceramics and glassware, books and maps, classic carsNotable Lots:Vladimir Tretchikoff, The Hindu Dancer, 1951, $91,564 (est. $79,000–105,000), May 10, 2016. Jacob Hendrik Pierneef, Cottages Near Struisbaai, undated, $56,199 (est. $45–60,000), October 20, 2015. Irma Stern, North African City, 1948, $48,494 (est. $26–39,000), March 1, 2016.Contact:stephanwelzandco.co.zact@stephanwelzandco.co.za+27 21 794 6461Strauss & Co.Cape Town; JohannesburgKey Personnel:Vanessa Phillips (Joint Managing Director), Bina Genovese (Joint Managing Director), Ann Palmer (Director Emerita), Susie Goodman (General Manager, Johannesburg)Established:2008Specialties:South African and international art, decorative arts, jewelryNotable Lots:Alexis Preller, The Creation of Adam I, 1968, $529,500 (est. $212–282,000), November 9, 2015. Kees van Dongen, Dolly au collier d’argent, undated, $463,246 (est. $285–367,000), June 1, 2015. Irma Stern, Still Life of Fruit and Lilies in a Jug, 1962, $340,131 (est. $299–449,000), October 12, 2015.Contact:straussart.co.zajhb@straussart.co.za+27 11 728 8246TurkeyArtam Antik A.S.IstanbulKey Personnel:Nurcan Artam (Cofounder), Turgay Artam (Cofounder), Olgaç Artam (ceo)Established:1981Specialties:Turkish, Russian, Orientalist, and European art; Ottoman antiques; calligraphy; books and maps; clocks and watches; classic cars; wineNotable Lots:Erol Akyavas¸, Fallen City II, 1982, $680,000 (est. $200–250,000), March 14, 2016. Fahr El Nissa Zeid, The Reverse, 1964, $565,000 (est. $300–350,000), March 14, 2016.Contact:artamonline.comantik@antikas.com+90 212 236 2460Bali MuzayedeIstanbulKey Personnel:Hakan Bali (Cofounder), Serkan Bali (Cofounder)Established:1968Specialties:Turkish art and antiquesContact:balimuzayede.com+90 212 258 6162Beyaz MuzayedeIstanbulKey Personnel:Aziz Karadeniz (Founder and Director)Established:2006Specialties:Modern and contemporary Turkish artContact:beyazart.cominfo@beyazart.com+90 212 290 7050Nisantası MuzayedeIstanbulKey Personnel:Zeynep Ulukaya (Owner)Established:2005Specialties:Turkish, Ottoman, and European art; manuscripts and Korans; Ottoman jewels; textiles and embroidery; porcelain; French, British, and Russian silverNotable Lots:Fatih Gürbüz, Atlar, undated, $15,734, May 4, 2016. Ozdemir Altan, Soyag˘acı, 2003, $15,734, May 4, 2016. Adem Genç, Seyler Niçin Oldukları Gibidirler, 2009, $7,692, May 4, 2016.Contact:nisantasimuzayede.cominfo@nisantasimuzayede.com+90 212 225 2890
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