This article provides a brief overview of the Iranian art market’s performance since 2020, a sensitive period marked by successive social, political, and economic crises that have shaped the domestic art scene. The focus is on the statistics and results of Tehran Auction, the only publicly available official source, showing that the market’s lowest performance coincided with the cou...

 According to a report published by two art market analysts, the spring 2024 auctions have had the worst financial performance of the current century. This season has seen a decline in prices and demand at auctions such as Christie’s, Sotheby’s, and Phillips. Analyses indicate that this downturn is a result of global economic factors and shifts in buyer preferences, which could...