THE ART MARKET IN THE FIRST HALF OF 2025: BETWEEN EXPECTATIONS AND UNCERTAINTIES

The end of 2024 and the beginning of 2025 were marked by palpable euphoria in the art market, particularly in Miami during December’s fair week. The recent outcome of the U.S. elections and the return of Donald Trump to the presidency initially generated optimism among collectors and art professionals. It was expected that the new administration would boost liquidity in the U.S. market, with positive effects on the global art market.

 

 

By María Sancho-Arroyo, art market specialist
MARKET

THE ART MARKET IN THE FIRST HALF OF 2025: BETWEEN EXPECTATIONS AND UNCERTAINTIES

By María Sancho-Arroyo, art market specialist

The end of 2024 and the beginning of 2025 were marked by palpable euphoria in the art market, particularly in Miami during December’s fair week. The recent outcome of the U.S. elections and the return of Donald Trump to the presidency initially generated optimism among collectors and art professionals. It was expected that the new administration would boost liquidity in the U.S. market, with positive effects on the global art market.

 

 

LATIN AMERICA ON THE SURREALIST PERIPHERY: A HISTORIOGRAPHY BEYOND BRETON

Amid the centenary of Surrealism, or at least from what is officially understood as its inception with the publication of The First Surrealist Manifesto by André Breton in 1924, it is truly significant to access an exhibition as profound as 1924: Other Surrealisms, presented by the MAPFRE Foundation in Madrid, which will later tour other locations. This exhibition is important for the centrifugal perspectives it presents, emphasizing the expansion of the main official—or officialism—ideas beyond Breton's boundaries and granting maximum importance to Latin America in the acceptance, production, and collaboration within the movement.

By Álvaro de Benito
Reviews

LATIN AMERICA ON THE SURREALIST PERIPHERY: A HISTORIOGRAPHY BEYOND BRETON

By Álvaro de Benito

Amid the centenary of Surrealism, or at least from what is officially understood as its inception with the publication of The First Surrealist Manifesto by André Breton in 1924, it is truly significant to access an exhibition as profound as 1924: Other Surrealisms, presented by the MAPFRE Foundation in Madrid, which will later tour other locations. This exhibition is important for the centrifugal perspectives it presents, emphasizing the expansion of the main official—or officialism—ideas beyond Breton's boundaries and granting maximum importance to Latin America in the acceptance, production, and collaboration within the movement.

April 04, 2025
PERU ADVANCES STEADILY ON THE CONTEMPORARY ART MAP

Peruvian contemporary art is experiencing a vibrant moment. Over the past decade, its art ecosystem has begun to consolidate, with a growing local collector base, a more professional gallery scene, and an increasing number of artists gaining international visibility. However, it remains an early stage, with a small and fragile market that requires stronger structures to support its development. Unlike other countries in the region, Peru lacks strong institutional support for contemporary art.

By María Sancho-Arroyo, art market specialist
MARKET

PERU ADVANCES STEADILY ON THE CONTEMPORARY ART MAP

By María Sancho-Arroyo, art market specialist

Peruvian contemporary art is experiencing a vibrant moment. Over the past decade, its art ecosystem has begun to consolidate, with a growing local collector base, a more professional gallery scene, and an increasing number of artists gaining international visibility. However, it remains an early stage, with a small and fragile market that requires stronger structures to support its development. Unlike other countries in the region, Peru lacks strong institutional support for contemporary art.

TRAVESÍA CUATRO VINDICATES THE LEGACY OF INEZ DA SILVA

The Madrid branch of Travesía Cuatro gallery presents an exhibition dedicated to Miriam Inez da Silva (Trinidad, Brazil, 1939 – Rio de Janeiro, Brazil, 1996). Curated by Cristiano Raimondi, the show delves into the work of one of the artists who most vividly captured Brazil’s modernization throughout the 20th century. Her small-format paintings on white backgrounds depict everyday life and the traditions shaping human relationships and their role in social structures.

Galleries

TRAVESÍA CUATRO VINDICATES THE LEGACY OF INEZ DA SILVA

Until 04/08/2025
Madrid, Spain
FAMILY STORIES: THE GASTAÑETA CARRILLO DE ALBORNOZ COLLECTION AT MALI

The exhibition, which opened on November 28, 2024, presents for the first time a family collection of great significance to Peruvian history, consisting of portraits, religious paintings, and various objects. These pieces allow for an exploration of different aspects of life in the viceregal court of Lima during the 18th century. 

News

FAMILY STORIES: THE GASTAÑETA CARRILLO DE ALBORNOZ COLLECTION AT MALI

The exhibition, which opened on November 28, 2024, presents for the first time a family collection of great significance to Peruvian history, consisting of portraits, religious paintings, and various objects. These pieces allow for an exploration of different aspects of life in the viceregal court of Lima during the 18th century. 

LAST WEEKS TO APPLY FOR THE FUNDACIÓN AMA AMOEDO RESIDENCY AT PIVÔ

Fundación Ama Amoedo, in partnership with Pivô (São Paulo, Brazil), has an open call for visual artists of Uruguayan nationality, whether they reside in the country or not. One spot will be awarded for a three-month residency in São Paulo, taking place from August 6 to October 31, 2025. The application deadline is Friday, April 11, 2025.

Open
Open Calls

LAST WEEKS TO APPLY FOR THE FUNDACIÓN AMA AMOEDO RESIDENCY AT PIVÔ

Fundación Ama Amoedo, in partnership with Pivô (São Paulo, Brazil), has an open call for visual artists of Uruguayan nationality, whether they reside in the country or not. One spot will be awarded for a three-month residency in São Paulo, taking place from August 6 to October 31, 2025. The application deadline is Friday, April 11, 2025.

SOTO, NEGRET AND CHIRINO LEAD THE REOPENING OF THE REINA SOFÍA TERRACES AS AN EXHIBITION SPACE

The terraces of the Nouvel Building at the Reina Sofía Museum are being transformed into a new exhibition space. Under the title A Different Order: Utopian Geometry and Kinetic Art, the space will showcase two sculptural works by Jesús Rafael Soto and Edgar Negret, along with a third piece by Martín Chirino.

By Álvaro de Benito
News

SOTO, NEGRET AND CHIRINO LEAD THE REOPENING OF THE REINA SOFÍA TERRACES AS AN EXHIBITION SPACE

By Álvaro de Benito

The terraces of the Nouvel Building at the Reina Sofía Museum are being transformed into a new exhibition space. Under the title A Different Order: Utopian Geometry and Kinetic Art, the space will showcase two sculptural works by Jesús Rafael Soto and Edgar Negret, along with a third piece by Martín Chirino.

JORGE PARDO: COLOR, SPACE, AND PERCEPTION AT ELBA BENÍTEZ

Elba Benítez Gallery in Madrid, in collaboration with Clarissa Bronfman, presents a must-see exhibition by Jorge Pardo (Havana, Cuba, 1963), featuring a selection of works designed and created specifically for the gallery space. Emphasizing the importance of space, the Cuban artist employs his signature multidisciplinary approach to explore how color and texture influence perception. To this end, the exhibition is arranged in areas that serve a dual purpose.

By Álvaro de Benito
Reviews

JORGE PARDO: COLOR, SPACE, AND PERCEPTION AT ELBA BENÍTEZ

By Álvaro de Benito

Elba Benítez Gallery in Madrid, in collaboration with Clarissa Bronfman, presents a must-see exhibition by Jorge Pardo (Havana, Cuba, 1963), featuring a selection of works designed and created specifically for the gallery space. Emphasizing the importance of space, the Cuban artist employs his signature multidisciplinary approach to explore how color and texture influence perception. To this end, the exhibition is arranged in areas that serve a dual purpose.

April 01, 2025
JERÓNIMO ELESPE'S PALINODES IN MEXICO

Palinodia is the new and second exhibition of the Spanish artist at LABOR. It takes its name from the lyrical art of taking one’s own words back, a title that references the many changing points in his production. Large, vertical paintings, the biggest paper pieces yet, and an explosion of color rarely seen in his previous work, hang throughout the gallery’s walls.

Galleries

JERÓNIMO ELESPE'S PALINODES IN MEXICO

Until 05/09/2025
Mexico City, México
CAPITAL, A LATIN AMERICAN ART FAIR IN CÓRDOBA

The event will bring together, for the first time, 24 art galleries and projects from different cities in Argentina, Brazil, Chile, and Mexico; it will take place on April 3, 4, 5, and 6 at Distrito Capitalinas, in the city of Córdoba, Argentina.

News

CAPITAL, A LATIN AMERICAN ART FAIR IN CÓRDOBA

The event will bring together, for the first time, 24 art galleries and projects from different cities in Argentina, Brazil, Chile, and Mexico; it will take place on April 3, 4, 5, and 6 at Distrito Capitalinas, in the city of Córdoba, Argentina.

GRAFFITI AT MUSEION

The Museum of Modern and Contemporary Art in Bolzano-Bozen presented a pioneering exhibition on the relationship between graffiti and contemporary art. Curated by Leonie Radine and Ned Vena, the show will be the first in an Italian museum to explore the history of spray paint in art. 

News

GRAFFITI AT MUSEION

The Museum of Modern and Contemporary Art in Bolzano-Bozen presented a pioneering exhibition on the relationship between graffiti and contemporary art. Curated by Leonie Radine and Ned Vena, the show will be the first in an Italian museum to explore the history of spray paint in art. 

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