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asian artists under 35 are doing at auction 2649912

A new analysis by The Asia Pivot reveals that total global auction sales for Asian artists born between 1990 and 1999 dropped to $9.7 million in 2024, the lowest level in three years. The market for these young artists shows clear signs of cooling, with 696 lots sold out of 1,128 offered, a 62% sell-through rate, and an average price per lot falling 26.5% year-over-year to $13,905. Top-ranked artists like Raghav Babbar and Anna Park saw steep price declines, while a few consistent performers like Yukimasa Ida, Sun Yitian, and Chris Huen Sin-Kan maintained strong market recognition.

Contemporary artists with the highest auction sales worldwide between July 2023 and June 2024, by gender

A Statista chart published in October 2024 ranks the top ten contemporary artists by auction sales from July 2023 to June 2024, broken down by gender. Jean-Michel Basquiat leads all artists with $516.2 million in sales, followed by Yoshitomo Nara ($70.6 million), George Condo ($47.4 million), and Keith Haring ($36.2 million). Julie Mehretu is the only female artist in the top ten, with $36.0 million in sales. The data covers public auctions of paintings, drawings, sculptures, prints, photographs, videos, tapestries, installations, and NFTs, excluding antiques, furniture, and anonymous cultural goods.