Artissima, Italy's only contemporary art fair, closed its 32nd edition on November 2, 2025, at the Oval Lingotto Fiere in Turin, drawing 34,500 visitors and 176 galleries from 36 countries. Directed by Luigi Fassi for the fourth year, the fair ran from October 30 to November 2, featuring 63 monographic presentations and 26 first-time exhibitors. The edition introduced a new 5% VAT rate on artworks in Italy, awarded 13 prizes including the new Vilnius Residency Prize, and saw the Fondazione Arte CRT Acquisition Fund acquire 26 works for GAM Torino and Castello di Rivoli, marking its 25th anniversary. Special projects included "From Japan: Anonymous Art Project" and a film screening by Basim Magdy at Parco Michelotti.
This edition matters because it reinforced Turin's role as a hub for research-driven contemporary art and international collecting, while testing Italy's new reduced VAT rate on art in a European context—a policy shift that could reshape Italy's competitiveness in the wider art economy. The fair's strong institutional buying power, with over 950 works acquired for local museums over two decades, demonstrates how Artissima successfully links market activity to public collections, consolidating its position as a key platform for discovery and cross-generational dialogue in the European art fair calendar.