Logistics is no longer behind the scenes. How will rising shipping costs and geopolitical risks change the art market?
Rising shipping costs and geopolitical tensions are reshaping art market logistics, affecting gallery participation in fairs like Frieze and Kiaf Seoul.Summary
The article explains that transporting artworks for international fairs has become a critical factor due to rising shipping costs and geopolitical risks, especially from Middle East conflicts causing route changes, fuel price increases, and capacity constraints. Unlike regular cargo, art requires climate control, specialized packing, and expert handling, making it vulnerable to these disruptions. The impact is evident in the art market's decision-making, influencing gallery participation in events like Frieze Seoul and Kiaf SEOUL. Eythos, selected as a recommended logistics partner for Frieze Seoul, and Kiaf SEOUL were interviewed to discuss how these challenges are altering fair logistics, potentially changing which works are shown and how galleries engage with overseas exhibitions.
(Source：美術手帖)