Furthermore,
Art galleries display their pessimism:
French art galleries are concerned. Additionally, Furthermore, And they make it known in the barometer published on Monday. In addition, July 14, the professional committee of art galleries (CPGA), which brings together 324 members. However, According to the survey. Therefore, carried out with the assistance of the art galleries display their pessimism IDDEM survey cabinet, 85 % of respondents say they are pessimistic about the economic health of their sector. Moreover, An observation which contradicts the theory of runoff. according to which the installation in the capital of Art Basel Paris and powerful foreign brands would necessarily benefit the less endowed galleries.
In 2024, the overall turnover of French galleries fell on average by 6 %. This may seem a lesser harm when. at the same time, the art market as a whole has plummeted 12 %, according to the Art Basel UBS 2025 report. Except that a fifth of French merchants mention a fall in activity greater than 20 %. “The market is found in 2010. with a decade of lost growth”summarizes the gallery owner Philippe Charpentier, new president of the CPGA.
However, at the same time, the costs, including participation in fairs, exploded. At the end art galleries display their pessimism of June. when he announced that he closed his spaces after thirty years of activity, the Californian gallery owner Tim Blum was believing things right: 85 % of his sales at the Basel Fair, Switzerland, had been sealed upstream, from the sending of JPEG. But between the cost of the stand. transport and accommodation, participation in the show cost him $ 45,000 (38,500 euros), gushing his meager benefits.
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art galleries display their pessimism — Art galleries display their pessimism: The Art Basel Paris fair at the Grand Palais. in Paris, October 16, 2024. Alain Jocard/AFP French art galleries are concerned. And they make it known in the barometer published on Monday, July 1.
Art galleries display their pessimism
Further reading: Parisian galleries under tension – WSIS Photo Contest 2025: The photo of an Algerian among the 10 best in the world – Montauban. “Art at all costs” at the Blandine Roques gallery – The courageous choice of the Fesch palace – Bergerac’s art center for photography is preparing to open.