Italian Artists to Watch as Art Market Seeks Revival
According to a report by Deloitte Private on July 16, the art market is set to recover following a 28% drop in turnover during the first half of 2024. This decline is attributed to adjustments after COVID-19, geopolitical tensions, and economic challenges. Despite this, interest persists, particularly in emerging artists with more affordable price points. At Dorotheum on May 24, 2024, works by Roberto Miniati sold for between €11,000 and €26,000, while one piece reached €17,646 at Christie's. On May 23, Mario Ceroli's Interno Tempio (1981) surpassed €100,000, and Toti Scialoja's Il Presente (1957) sold for €97,500. Piero Gilardi's pieces went for €17,000 and €38,000 on June 11. Salvo's Tre Colonne (1989) fetched €80,000, and Valerio Adami's works hit €93,000. Interest in Futurist art is also on the rise.
Key facts
- Art market turnover declined 28% in first half of 2024 vs previous year
- Deloitte Private report presented in Rome on July 16, 2024
- Roberto Miniati's works sold at Dorotheum (May 24, 2024) for €11,000–€26,000
- Mario Ceroli's Interno Tempio sold for over €100,000 at Dorotheum on May 23, 2024
- Toti Scialoja's Il Presente sold for €97,500 at Dorotheum on May 23, 2024
- Piero Gilardi's works sold for €17,000 and €38,000 at Studio d'Arte Martini on June 11, 2024
- Salvo's Tre Colonne sold for €80,000 at Il Ponte Casa d'Aste on May 28, 2024
- Valerio Adami's Radio City Music Hall sold for over €93,000 at Dorotheum in May 2024
Entities
Artists
- Roberto Miniati
- Mario Ceroli
- Toti Scialoja
- Piero Gilardi
- Salvo
- Valerio Adami
- Fillia
- Enrico Prampolini
- Gerardo Dottori
- Giacomo Balla
- Fortunato Depero
Institutions
- Dorotheum
- Christie's
- Studio d'Arte Martini
- Il Ponte Casa d'Aste
- Pandolfini
- Pinacoteca Agnelli
- Palazzo Reale
- Collezione Farnesina
- Ministero degli Affari Esteri e della Cooperazione Internazionale
- Artribune
- Deloitte Private
Locations
- Rome
- Italy
- Milan
- Turin