Dealers at TEFAF Maastricht Report Robust Sales, Offering Works Ranging from Two Inches to Room-Size

Dealers at TEFAF Maastricht Report Robust Sales, Offering Works Ranging from Two Inches to Room-Size

Dealers at the TEFAF Maastricht art fair reported strong sales, defying concerns over global unrest and geopolitical tensions that limited some collectors' travel. The fair, featuring 277 dealers from 24 countries, saw a high caliber of international collectors engaging with works ranging from monumental 18th-century sculptures to minuscule, intricately detailed pieces. First-time exhibitors and veterans alike expressed satisfaction, with one rare books dealer calling it his best year in three decades of participation.

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Art Basel Qatar has launched its inaugural edition in Doha, marking a significant expansion of the Swiss fair brand into the Middle East. The event features 87 exhibitors in a unique, booth-less format spread across the M7 and Doha Design District, departing from traditional trade fair aesthetics in favor of a curated, biennial-style presentation. While the opening VIP day saw strong attendance from regional collectors and major international galleries like Hauser & Wirth, the atmosphere was tempered by light initial sales and significant regional geopolitical tensions.

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Artnet Pro's 'The Asia Pivot' newsletter previews the 2026 Asian art market, highlighting a hopeful recovery after signs of improvement in late 2025. Key events include Art SG in Singapore (hosting S.E.A. Focus for the first time), the inaugural Art Basel Qatar in February, and Art Basel Hong Kong in March. Auction houses will align spring sales with these fairs. The article also notes regional shifts: South Korea's Art Asia partners with KINTEX for a new fair in India, Hong Kong's Kwai Fung Hin opens in Singapore, and Shanghai's Antenna Space expands to Hong Kong. Japan's Prime Minister Sanae Takaichi meets with artist Takashi Murakami to promote culture abroad, while geopolitical tensions with China threaten cultural exchanges.

A Smaller Art Brussels Represents a Shift in the Fair Ecosystem Toward a ‘Quality-First’ Approach

Art Brussels, now in its 42nd edition (April 23–26), has downsized from 164 to 138 participating galleries, a 15% reduction that allows the fair to fit entirely within one hall of Brussels Expo. Director Nele Verhaeren openly acknowledged the shift, framing it as a deliberate move toward a 'quality-first' approach that prioritizes visitor experience over sheer scale. The fair introduces a new section called Horizons, curated by Devrim Bayar of the upcoming Kanal-Pompidou museum, featuring seven large-scale works in the freed-up space. Dealers like Xavier Hufkens and Nadja Vilenne support the strategy, noting that galleries must now carefully choose which fairs to attend amid rising costs and geopolitical tensions.

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The second edition of Taipei Art Week has drawn a large crowd, anchored by Art Taipei—Asia's longest-running art fair—and the 14th Taipei Biennale. Galleries have raised their ambitions, with pop-up shows, talks, and collectors' parties filling the city. However, Taiwan's art market faces significant headwinds: art imports fell 15.2% in 2024, Ravenel's spring auction sales plummeted from $14.6 million in 2020 to $3.6 million in 2025, and Taipei Dangdai announced it would cease operations after its sixth edition. Geopolitical tensions with China have reduced Chinese collector participation and visitor numbers at the National Palace Museum.

Is Dubai’s loss Palma's gain? Newly revived Mallorca fair offers ’sun, sand and safety’ for wealthy Germans

The Art Cologne Palma Mallorca fair has been successfully revived at the Palau de Congressos, attracting 88 exhibitors with a heavy concentration of Spanish and German galleries. The event capitalizes on Mallorca's status as a premier second-home destination for wealthy Europeans, particularly Germans, and benefits from significant local government backing of €500,000. Early sales reports indicate strong performance in the lower and mid-market price brackets, with artists like Neo Rauch and Brian Eno finding quick buyers, though seven-figure works by Anselm Kiefer and Georg Baselitz moved more slowly.

Art Fair Report: Stress Test

Art Basel Hong Kong 2026 drew 91,500 visitors and featured 240 galleries at the Convention and Exhibition Centre, alongside over 100 galleries at Art Central, three new boutique fairs, four new art spaces, multiple auction previews, and dozens of institutional shows and gallery openings. Despite a challenging 2025 that saw mega-galleries Pace and Perrotin close their Hong Kong spaces and auction results hit an eight-year low, blue-chip galleries reported strong sales, including David Zwirner’s USD 3.8 million sale of Liu Ye’s "Snow White" (2006) and Hauser & Wirth’s USD 2.95 million sale of a Louise Bourgeois work. The prevailing sentiment among collectors and gallerists was cautious optimism, with the phrase "Are you surviving?" overheard frequently.

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Art Basel 2025 opened in Basel, Switzerland, with nearly 300 leading galleries showcasing high-value artworks despite a turbulent art market. Major works include a Gerhard Richter abstraction (1987) at David Zwirner, priced around $30 million, a Ruth Asawa hanging sculpture sold for $9.5 million, and Picassos at Pace and Helly Nahmad Gallery, with the latter's *Femme nue couchée jouant avec un chat* (1964) listed at $28 million after fetching $21.2 million at auction two years ago. The fair runs through Sunday, offering rare opportunities to view and purchase blue-chip pieces.

Art Basel Qatar VIP day: fair’s debut encourages patience

Art Basel Qatar opened its inaugural edition to VIPs in Doha, featuring an unconventional 'boothless' format with 87 exhibitors each presenting a solo artist. The fair, curated by artist Wael Shawky, is split between two venues in the Msheireb district, with blue-chip galleries in M7 and more emerging to mid-tier galleries in the Design District. The event is heavily subsidized by Qatar, significantly lowering costs for exhibitors and encouraging a focus on market education over immediate sales.

Cause for cheer at Art Basel as strong preview-day sales take many galleries by surprise

Major international galleries reported unexpectedly strong sales on the preview day of Art Basel, despite geopolitical tensions, stock market volatility, and uncertainty over US tariffs. Thaddaeus Ropac sold works by Georg Baselitz, James Rosenquist, and Robert Rauschenberg, while Gagosian, David Zwirner, Pace, and Hauser & Wirth also reported multimillion-dollar sales, including a Ruth Asawa sculpture for $9.5 million and a Pablo Picasso painting priced at $30 million. Many dealers expressed surprise at the speed and volume of sales, which defied the broader international environment.

The Angel of History Is Stuck in Jerusalem

The Jewish Museum in New York's exhibition 'Paul Klee: Other Possible Worlds' is missing its central artwork, Paul Klee's 'Angelus Novus' (1920). The original, owned by Walter Benjamin and normally housed at the Israel Museum in Jerusalem, is absent due to "current conditions affecting international transport," a likely reference to the Israel-Hamas war. A reproduction stands in its place, alongside Benjamin's famous 'Angel of History' text, which interprets the angel as a figure witnessing the catastrophic pile-up of history.

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A shipment of artworks by artist Sam Ghantous, destined for a New York exhibition at YveYang Gallery, has been detained at Newark Airport by U.S. Customs. The works, which include prints on silicon wafers, contain materials similar to those used in microchips, leading to potential confusion over trade regulations. The exhibition, titled "your golf course made my GPU," explores the global supply chain of sand and raw materials used in technology. Gallery manager Erica Kyung reported the delay, and the artist noted that the wafers are non-functional and cannot be used in computers.

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South Africa's government abruptly canceled its pavilion at the 2025 Venice Biennale, pulling the plug on artist Gabrielle Goliath's video installation "Elegy" just days before the deadline. The work, a ritual of mourning featuring seven women singers sustaining a single B note, was dedicated to victims of femicide and expanded to include references to Namibia and Gaza. Sports, Art, and Culture minister Gayton McKenzie deemed the Gaza section "divisive," prompting Goliath and curator Ingrid Masondo to appeal directly to President Cyril Ramaphosa and the foreign ministry. Meanwhile, the Smithsonian Institution submitted photographs of wall labels and exhibition texts to the Trump Administration in response to a "content review" ultimatum, with Secretary Lonnie G. Bunch III confirming compliance while asserting curatorial authority. Roland Augustine, cofounder of Luhring Augustine, announced he is stepping down to focus on philanthropy, marking a transition for the New York gallery.

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The 12th edition of Uruguay's Este Arte fair took place last week in José Ignacio, featuring 14 exhibitors and attracting 5,000 visitors over four days. Notable works included Vanderlei Lopes's aluminum installation resembling a silver leak, Germán Tagle's liquid landscapes paired with altered New York Times front pages, and Diego Bianchi's chimeric sculptures. The fair favored abstraction, with strong sales reported across galleries such as Almeida & Dale, Aninat Galeria, Galerie Jocelyn Wolff, Piero Atchugarry Gallery, and Black Gallery.

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Art Toronto, Canada's oldest and largest international fair for modern and contemporary art, opens to the public on Friday with a strong focus on Indigenous artists. Over half of the fair's 100-plus booths feature works by Indigenous makers from Canada, Australia, New Zealand, and Latin America. The fair includes a mix of Canadian, European, Latin American, and US galleries, with a dedicated 'Arte Sur' section highlighting Mexican and Central and South American art. Notable exhibitors include Ceremonial Art, Fazakas, Feheley Fine Arts, and N. Smith Gallery, showcasing works by artists such as Ningiukulu Teevee, Shuvinai Ashoona, Gerardo Ramírez, and Manuel Mathieu.

The Dallas Art Fair: A Balance Of Growth And Consistency

The Dallas Art Fair (DAF), founded in 2009 by developer John T. Sughrue and curator Chris Byrne, concluded its eighteenth edition this past weekend. Director Kelly Cornell, who started as an intern and became director in 2016, has strengthened partnerships with the Dallas Museum of Art, Nasher Sculpture Center, and Dallas Contemporary, while securing sponsors like Bank of America. The fair has grown from 35 to over 90 galleries, though it still lacks mega-galleries like Gagosian, Hauser & Wirth, David Zwirner, and Pace. International participation this year included about 20 galleries, with notable names such as Perrotin, Anat Egbi, and Hesse Flatow, while galleries from Germany and China were absent.

London art market springs back to life in Sotheby's Modern and contemporary evening sale

Sotheby’s Modern and contemporary evening sale in London signaled a resilient recovery for the UK art market, totaling £131 million with fees and achieving a 98% sell-through rate. Despite geopolitical tensions and post-Brexit economic concerns, the auction room was notably crowded, driven by high-profile works from the collection of billionaire Joe Lewis. The evening's top lot was a 1972 Francis Bacon self-portrait, which sold for £16 million, while a major painting by Leon Kossoff shattered the artist's previous auction record.

One Fine Show: “Michael Rakowitz, Proxies for Poets and Palaces” at the Stavanger Art Museum

Iraqi-American artist Michael Rakowitz has opened his first major survey exhibition in Norway, titled "Proxies for Poets and Palaces," at the Stavanger Art Museum. The show features eight new reliefs from his long-running series *The Invisible Enemy Should Not Exist*, which recreates artifacts looted from Baghdad's Iraq Museum using cardboard, Arabic newspapers, and food packaging, alongside older works like the 2017 film *The Ballad of Special Ops Cody*.

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A shooting outside the Capital Jewish Museum in Washington, D.C., on Wednesday night killed two Israeli embassy staff members, Yaron Lischinsky and Sarah Milgrim, in what authorities have called an antisemitic attack. The gunman, Elias Rodriguez of Chicago, opened fire as the victims exited a diplomatic event hosted by the American Jewish Committee, then entered the museum where he was detained by security. Police reported that Rodriguez shouted “free, free Palestine” after being taken into custody. The museum expressed heartbreak and condemned the violence, while the Israeli embassy mourned the loss of the couple, who were engaged to be married.

Mexico City’s Zona Maco fair continues to draw upbeat crowds and eager buyers

Mexico City's Zona Maco fair is drawing upbeat crowds and eager buyers at the Centro Banamex convention centre, running until 8 February. Despite geopolitical tensions and the addition of Art Basel Qatar to the international calendar, collectors, curators, and museum groups from the Americas and Europe are attending in strong numbers. Galleries such as Sean Kelly Gallery, Proyectos Monclova, Kouri + Corrao, and Palo Gallery report robust sales and deep conversations with visitors, with a notable emphasis on ceramics and materiality in the works on view.

The Art Market Defies Doom and Gloom With Independent, Esther and Future Fair in Full Swing

New York City is hosting an unprecedented concentration of art fairs this week, with over nine fairs running simultaneously, including Independent, Esther, and Future Fair. Independent, held at Spring Place in Tribeca, opened on May 8 and is positioning itself as a boutique, hyper-curated alternative to mega-fairs like Frieze, featuring mostly solo presentations. Early sales were reported by several galleries: Europa sold works by Suyi Xu ($9,000–$20,000), Long Story Short sold six works by Keita Morimoto (up to $26,000), Charles Moffett nearly sold out his booth of Julia Jo ($10,000–$45,000), The Approach sold four works by John Maclean ($13,500 or less), and Copperfield presented works by Ada Patterson ($8,000–$23,000).

What It Takes to Build the Venice Biennale

Three weeks before the Venice Biennale opens on May 5, the city remains a construction site, with the Giardini closed and parts of the Arsenale requiring special access. Artist Faustin Linyekula rehearses his performance *The Galeazze Project* in a 16th-century roofless complex, working with the existing gravel, natural light, and lagoon acoustics rather than imposing a structure. Geopolitical conflicts, supply chain disruptions, and the sudden resignation of the Biennale’s international jury via Instagram add pressure to the already challenging logistics of mounting the global exhibition.

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Christie’s has secured the estate of Belgian collectors Roger and Josette Vanthournout, with over 200 works to be sold in its March sales in London, including a René Magritte painting estimated at $4.7 million. Meanwhile, South Africa blames Qatar for the cancellation of its Venice Biennale pavilion featuring a work about Gaza violence by Gabrielle Goliath, claiming Qatar sought to use the pavilion for "proxy power." Art Cologne has announced 88 exhibitors for its revived Palma, Mallorca edition launching April 9.

The art of politics: how global conflicts are playing out in this year's Venice Biennale

Israel is making a controversial return to the 2025 Venice Art Biennale after its pavilion was locked in 2024 with a note demanding a ceasefire in Gaza. The artist representing Israel, Belu-Simion Fainaru, will present his project "Rose of Nothingness" in the Arsenale, while Russia also returns to the Biennale after its Giardini pavilion was reassigned to Bolivia in 2024. The Art Not Genocide Alliance (ANGA) has renewed calls for a boycott and is organizing strike action to disrupt the event, accusing Israel of genocide.

Canada’s art market takes a nationalist turn amid trade war with US

At the opening of "Riopelle: Crossroads in Time" at the Vancouver Art Gallery, philanthropist and collector Michael Audain gave a patriotic speech praising Quebecois modernist Jean Paul Riopelle. Amid US President Donald Trump's trade war and annexation threats, a wave of Canadian nationalism has boosted the domestic art market. Heffel Fine Art Auction House reports record online sales of Canadian art, with Riopelle works especially sought after due to major bequests to a new museum wing in Quebec, removing key pieces from the market. Collectors like Felix Tetu note rising prices and increased interprovincial buying, while the Riopelle Foundation's centennial promotions are bridging Canada's Anglophone-Francophone cultural divide.

"We are among those in the crowd who are overjoyed"

"Wir gehören zu denjenigen in der Menge, die überglücklich sind"

The Hungarian art scene is celebrating a major political shift following Péter Magyar’s electoral victory over Viktor Orbán, ending 16 years of restrictive cultural policies. Local figures, including gallerist Margit Valkó and artist János Sugár, express immense relief and hope for a future defined by institutional autonomy and international engagement after years of state-led hostility toward contemporary art.

Art Market Minute: March 9

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The Gulf region’s art market is navigating a period of significant instability as escalating geopolitical tensions between the U.S., Israel, and Iran threaten the upcoming Art Dubai fair. Long considered a safe haven for global culture and commerce, the United Arab Emirates now faces questions regarding its perceived insulation from regional conflict just weeks before its major international art event.

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Global fine-art auction sales reached $11.7 billion in 2025, marking a 13.3 percent increase over the previous year and the first market growth since 2021. While the first half of the year was hampered by inflation and geopolitical tensions, a surge in the second half—particularly during New York’s November marquee sales—pushed the market upward. This recovery was led by a renewed appetite for "trophy works," highlighted by the record-breaking $236.4 million sale of Gustav Klimt’s Portrait of Elisabeth Lederer at Sotheby’s.

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The article reports on the state of the art market at the end of 2025, noting that while it has been a difficult year with three years of contraction, there are signs of improvement. Recent sales in Miami and $2.2 billion in marquee auctions in New York last month have boosted optimism. Factors such as lower interest rates and easing geopolitical tensions are contributing to a slightly rosier outlook for 2026, though the article warns that some sectors will recover while others may not for some time.

Asian Art Museum’s exhibit finds hope and beauty in ‘Everyday War’

The Asian Art Museum in San Francisco is presenting "Everyday War," the first North American solo exhibition of Taiwanese artist Yuan Goang-Ming, on view through August 4. The show features two video installations—"Dwelling" (2014) and "Everyday War" (2024)—that depict domestic spaces being violently destroyed by unseen forces, only to reassemble moments later. Yuan, who created "Everyday War" for the Venice Biennale, uses slow-motion explosions and intimate household details to evoke anxiety, beauty, and catharsis without showing blood or fleeing figures.