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Q: Market data on antiques market ( Answered 4 out of 5 stars,   2 Comments )
Question  
Subject: Market data on antiques market
Category: Business and Money
Asked by: simplyxt-ga
List Price: $40.00
Posted: 24 Aug 2004 08:47 PDT
Expires: 23 Sep 2004 08:47 PDT
Question ID: 391872
U.S. and world market data on size of the antiques market (growth
trends if possible), both in terms of (i) total estimated value of
antiques in the market and (ii) the revenue volume of antiques traded
year-to-year.
Answer  
Subject: Re: Market data on antiques market
Answered By: bobbie7-ga on 12 Sep 2004 10:11 PDT
Rated:4 out of 5 stars
 
Dear Keith,

Thank you for accepting my comments as the official answer to your question.

I am reposting my findings below for your convenience.

Sincerely,
Bobbie7

--------------------------------------------------------

The Association of Art and Antique Dealers
Volume 22 No.1 SPRING 2002

?The art and antiques trade in this country, both dealers and
auctioneers, account for a quarter of the world market. Our estimated
9,500 dealers total about £2.25
billion turnover each year and we represent more than half of the
whole European market: the next biggest market within Europe is France
with 13,700 dealers with a total
turnover of £838 million.

The European Art Market in 2002

The UK is the second biggest art and antiques market is the world,
after America, and
represents 56% of the total European market. In Europe dealers generate
54% of the market and auctioneers 46%. The value of the total UK market
is set at £4.5 billion,?

The Association of Art and Antique Dealers: SPRING 2002
http://www.lapada.co.uk/newsinfo/viewspdfs/viewsspring2002.pdf

--------------------------------------------------------------------


?According to the 1997 economic census, there are 17,990 antique and
used merchandise stores in the United States, with sales totaling more
than $6 billion.

Since then, the industry has grown to approximately 34,000 stores with
estimated sales of $25 billion, according to Jim Tucker, president of
the Antiques and Collectibles Dealers Association. With 1,307 stores,
Florida has the third-largest number of antique and collectibles
stores in the country, falling close behind Texas (with 1,346) and
California (with 1,895).?
http://www.pointssouth.net/archives/articles/antiques_offer_appea/default.htm


--------------------------------------------------------


U.S. ART MARKET TO OVERTAKE EUROPE'S

?The European Fine Art Foundation (TEFAF), has issued a report on the
world art and antiques market. The 120-page survey says that the
American art and antiques market has grown to $5.34 billion in 1998, a
rapid 81 percent rise since 1994. During the same period, Europe's
market rose 26 percent to $6.69 billion. The trend will continue in
future years, according to TEFAF, with the U.S. market overtaking
Europe's in 2001. The report blames the change on the European Union,
which has imposed a new Import VAT (Value Added Tax) and the droit de
suite (resale royalties).?
http://www.artnet.com/magazine/news/artnetnews/artnetnews3-21-00.asp


--------------------------------------------------------


?The European Fine Art Foundation (TEFAF) launched a major new report
on the art and antiques market in Europe at The European Fine Art
Fair, Maastricht, the largest event of its kind in Europe. This is the
first authoritative study ever undertaken of the size and structure of
the European art and antiques market as a whole, with specific
analysis of Import VAT and Droit de Suite, and allows comparisons to
be made with the principal competing market in the USA.?

Its main findings include:

?Total value:  in 1998 the total value of sales, net of intra-trade
sales in Europe, was Euro 6.9 billion, of which the UK accounted for
52% and France 31% .?

(...)

?the EU market has been growing at a much slower rate than the US
market which in 1998 reached a total value of Euro 5.5 billion, 20%
smaller than the EU market.  However, the US market grew by 81%
between 1994 and 1998 while the average growth of the EU market was
only 26%.  The UK showed the greatest rate of growth at 40% while
France grew by only 5%.  The report forecasts that the US market will
overtake that of Europe in 2001 and by 2003 will be at least Euro 1
billion larger."
Art World Dealers
http://www.artworlddealers.com/survey.htm
simplyxt-ga rated this answer:4 out of 5 stars
Thanks, I know this was kind of a tough area to get data in.

Comments  
Subject: Re: Market data on antiques market
From: bobbie7-ga on 07 Sep 2004 07:16 PDT
 
Hi Keith!

I?ve been researching your question over the last few days and I found
some figures that might be of your interest.  If you are interested in
the partial information that I was able to locate, you could lower the
price of your question accordingly.
 
(You can change the price by going to "My Account," selecting "My
Unanswered Questions", clicking on the question, and  then clicking on
"Change Question Parameters" to modify the pricing.)

Best regards,
Bobbie7

--------------------------------------------------------------------

The Association of Art and Antique Dealers
Volume 22 No.1 SPRING 2002

?The art and antiques trade in this country, both dealers and
auctioneers, account for a quarter of the world market. Our estimated
9,500 dealers total about £2.25
billion turnover each year and we represent more than half of the
whole European market: the next biggest market within Europe is France
with 13,700 dealers with a total
turnover of £838 million.

The European Art Market in 2002

The UK is the second biggest art and antiques market is the world,
after America, and
represents 56% of the total European market. In Europe dealers generate
54% of the market and auctioneers 46%. The value of the total UK market
is set at £4.5 billion,?

The Association of Art and Antique Dealers: SPRING 2002
http://www.lapada.co.uk/newsinfo/viewspdfs/viewsspring2002.pdf

--------------------------------------------------------------------


?According to the 1997 economic census, there are 17,990 antique and
used merchandise stores in the United States, with sales totaling more
than $6 billion.

Since then, the industry has grown to approximately 34,000 stores with
estimated sales of $25 billion, according to Jim Tucker, president of
the Antiques and Collectibles Dealers Association. With 1,307 stores,
Florida has the third-largest number of antique and collectibles
stores in the country, falling close behind Texas (with 1,346) and
California (with 1,895).?
http://www.pointssouth.net/archives/articles/antiques_offer_appea/default.htm



U.S. ART MARKET TO OVERTAKE EUROPE'S

?The European Fine Art Foundation (TEFAF), has issued a report on the
world art and antiques market. The 120-page survey says that the
American art and antiques market has grown to $5.34 billion in 1998, a
rapid 81 percent rise since 1994. During the same period, Europe's
market rose 26 percent to $6.69 billion. The trend will continue in
future years, according to TEFAF, with the U.S. market overtaking
Europe's in 2001. The report blames the change on the European Union,
which has imposed a new Import VAT (Value Added Tax) and the droit de
suite (resale royalties).?
http://www.artnet.com/magazine/news/artnetnews/artnetnews3-21-00.asp


?The European Fine Art Foundation (TEFAF) launched a major new report
on the art and antiques market in Europe at The European Fine Art
Fair, Maastricht, the largest event of its kind in Europe. This is the
first authoritative study ever undertaken of the size and structure of
the European art and antiques market as a whole, with specific
analysis of Import VAT and Droit de Suite, and allows comparisons to
be made with the principal competing market in the USA.?

Its main findings include:

?Total value:  in 1998 the total value of sales, net of intra-trade
sales in Europe, was Euro 6.9 billion, of which the UK accounted for
52% and France 31% .?

(...)

?the EU market has been growing at a much slower rate than the US
market which in 1998 reached a total value of Euro 5.5 billion, 20%
smaller than the EU market.  However, the US market grew by 81%
between 1994 and 1998 while the average growth of the EU market was
only 26%.  The UK showed the greatest rate of growth at 40% while
France grew by only 5%.  The report forecasts that the US market will
overtake that of Europe in 2001 and by 2003 will be at least Euro 1
billion larger."
Art World Dealers
http://www.artworlddealers.com/survey.htm
Subject: Re: Market data on antiques market
From: simplyxt-ga on 12 Sep 2004 09:58 PDT
 
Thank you.  Although the infomation was not complete, I am more than
satisfied.  Thank you very much. I am happy to pay the original price.

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