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Market: France Salvages Something from 2020

Published on , by Vincent Noce

France has done fairly well despite the global decline in public sales. In its assessment, the Conseil des Ventes (French Sales Council) focuses on the positive side—but also on the uncertainties.

© Geneviève Marot Market: France Salvages Something from 2020

© Geneviève Marot

It is time to take stock: is the glass half empty or half full? As the CVV (France's Voluntary Sales Council) issues its report on public sales during the past year, its president Henri Paul infers that "France has maintained its rank" in a period of unprecedented upheaval. The country remains the fourth-largest agent in the world market, though a long way behind China and the US, which are in a different league. The uncertainties still remain as to whether France will be able to overcome its handicap against the United Kingdom, which could suffer from restrictions on the movement of artworks in Europe. In a field of statistics and forecasts where rigor is not always applied, the figures for France presented by the CVV are particularly reliable, since they are collected from operators…
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