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Sales Report Brazilian Market at Art Basel 2024

Amidst the bright lights and frenetic transactions of Art Basel 2024, one rising phenomenon cannot be ignored: the Brazilian art market, a growing force that has been gaining ground on international stages. In the last five years, we've witnessed a paradigmatic shift, with major global galleries opening their doors to national talents such as David Zwirmer, Hauser & Wirth, Pace Gallery and Gagosian.

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This year, the Brazilian presence was more marked than ever, with 8 Brazilian galleries exhibiting their creative jewelry and 18 international galleries exhibiting works by Brazilian artists. But the real highlight came in the form of a statistical revelation: among the 250 participating galleries, 26 chose to present Brazilian artists. It represents 10.4% of the total market at the fair, which, though not a modest slice, carries significant symbolic importance for both historical and emerging artists.

Despite being a small fish in the vast ocean of global art, the Brazilian market is far from irrelevant. Currently, Brazil represents less than 1% of the global art market, but this is double the 0.5% it held a decade ago. However, the tides are turning. Year after year, we witness an increase in total international art market sales, driven in part by the vibrant energy of Brazilian talent.


Gomide & Co Gallery’s Booth view

Gomide & Co sold three works by Julia Isidrez. Other notable sales include a warm colors painting by Amadeo Luciano Lorenzato, two paintings by Chico da Silva, and a 1981 canvas Mira Schendel.

Chico da Silva
Untitled, 1965
Gouache on paper
56 x 75 cm

Chico da Silva
Untitled, 1965
Seasoning on wood
16 x 22 cm


Mira Schendel
Untitled, 1981
Tempera on canvas
40 x 30 cm

Mendes Wood Gallery’s Booth view

We highlight the sale of a 2024 painting from Marina Perez Simão, two works by artist Lucas Aruda from the Deserto-Modelo series, and two works by the artist Amadeo Luciano Lorenzato, the value of which was not disclosed. 

Marina Perez Simão
Untitled, 2024
Oil on linen
180 x 180 cm

Lucas Arruda
Untitled (from the Deserto-Modelo series), 2022
Oil on canvas
18 x 22 cm

Lucas Arruda
Untitled (from the Deserto-Modelo series), 2023
Oil on canvas
80 x 97 cm

Amadeo Luciano Lorenzato
Untitled, 1980
Oil on hardboard
33 x 20 cm

Luisa Strina Gallery’s Booth view 

Luisa Strina Gallery captivated audiences at Art Basel 2024 with a stunning showcase of artists, featuring the provocative installations of Cildo Meireles, the evocative creations of Anna Maria Maiolino, and the vibrant expressions of rising star Brisa Noronha.

Anna Maria Maiolino
Entrevidas, from the series Fotopoemação, 1981/2014
black and white digital photography
121 x 78 cm each

Overview of Brisa Noronha’s paintings

Cildo Meireles
Espaços Virtuais: Cantos 1B, 1967/68-2008
Wood, canvas, painting, parquet floor
305 x 100 x 100 cm

Almeida & Dale Gallery’s Booth view 

Almeida & Dalle report a positive reception for their solo show of Heitor dos Prazeres in the Feature Program. This collection shows the artist’s vibrant style, rich in expressive colors and themes from black Brazilian culture, everyday life and the lively scenes of Rio de Janeiro. The Gallery mentioned the sale of two paintings by the Sambista artist for over $100.000, with several other pieces currently under negotiation.

Heitor dos Prazeres
Untitled, n.d.
Oil on canvas
61 x 50 cm

Heitor dos Prazeres
Untitled, 1965
Oil on canvas
79 x 99 cm

Heitor dos Prazeres
Untitled, 1953
Oil on canvas
47 x 35 cm

Fortes D’Aloia & Gabriel Gallery’s Booth view

The opening day of Art Basel 2024 proved to be highly successful for the Fortes D’Aloia & Gabriel Gallery. Notable sales included Marina Rheingantz’s One Shot Painting, 2024 for $200.000, Janaina Tschäpe’s Blue Thicket, 2023 for $125.000, and Tadáskía’s  Lacraia Tears, 2024 for $35.000, additionally, Tadáskía is presenting the exhibition Projects: Tadáskía at MoMA from May 24, 2024, to October 14, 2024.

Marina Rheingantz
One Shot Painting, 2024
Oil on canvas
200 x 300 cm

Janaina Tschäpe
Blue thicket, 2023
Oil and oil stick on linen
178 x 234 cm

Tadáskía
Lacraia tears, 2024
Charcoal, dry pastel, spray and felt-tip pen on paper
193 x 261 cm

Janaina Tschäpe’s presentation To Cover the Earth with a New Mist at Art Basel Unlimited

supported by Fortes D’Aloia & Gabriel and Sean Kelly Gallery.

Janaina Tschäpe
To cover the earth with a new mist, 2024
Oil and oil stick on 9 canvases
203 x 259 x 5 cm

A Gentil Carioca Gallery’s Booth view 

Gentil Carioca is showcasing a unique collection of artwork that draws inspiration from the world of children. The theme, based on an exhibition held 19 years ago entitled Infantil, aims to highlight how art can inspire people of all ages to see the world differently. This collection features the works of renowned artists such as Renata Lucas, Vivian Caccuri, Denilson Baniwa, O Bastardo, Maria Nepomuceno, among others.

Maria Nepomuceno
Belezura, 2024
Ropes, beads, gourd, wood and braided straw
142 x 80 x 35 cm

Miguel Afa
Goiabeira do quintal de vó, 2024
Oil and oil stick on canvas
90 x 160 x 3 cm


The New York Gallery presents artworks by the Brazilian artist Fernanda Gomes.

Fernanda Gomes
Untitled, 2022
Wood, paint
62 x 59 x 4 cm

Fernanda Gomes
Untitled, 2022
Wood, paint
40 x 81 x 10 cm

The gallery presented three works by visionary Brazilian artist Lygia Clark, featuring a neo-concrete work on paper alongside two evocative sculptures.

Lygia Clark‘s work is showcased comprehensively in a major retrospective at the Neue Nationalgalerie, for the first time in Germany, running until September 2025.

Additionally, from October 2, 2024, to January 12, 2025, the Whitechapel Gallery will host the first major survey of this renowned Brazilian artist in a UK public gallery.

Lygia Clark
Espaço Modulado, 1958
Cardboard collage
39 x 38 x 2 cm

Lygia Clark
Matchbox Structure (Black and White), 1964
Gouache paint, matchboxes
7 x 5 x 6 cm

Lygia Clark
Matchbox Structure (Gold), 1964
Gouache paint, matchboxes
8 x 6 x 4 cm

The Mayor Gallery’s Booth view 

Mayor presents works by two Brazilian artists, Almir da Silva Mavignier and Waldemar Cordeiro. The Gallery is also presenting Waldemar Cordeiro‘s first solo exhibition in Europe, A Singular Constellation, runs from May 30 to July 26, 2024 at 9 Bury Street, St James’s, London.

Waldemar Cordeiro
Transposição Cromática Estudo da Cor, 1958
Tempera on Duratex
51 x 51 x 4 cm

Almir da Silva Mavignier
Untitled, 1964
Oil on canvas
32 x 20 cm

Jack Shainman Gallery’s Booth view

Jack Shainman Gallery is presenting a work by Brazilian artist Emanoel Araújo

Emanoel Araújo
Untitled, 1970
Wood and automotive paint
86 x 63 x 7 cm

David Kordansky Gallery’s Booth view

The Gallery is exhibiting a work by the renowned Brazilian artist Chico da Silva, represented in Brazil by the Galatea Gallery.

Chico da Silva
Untitled, 1968
Gouache and mixed media on paper
76 x 112 cm

Travesia Cuatro Gallery’s Booth view

Travesia Cuatro was featuring Deserto do Arizona II, 1995 by Eleonore Koch, priced at $600.0000.

Eleonore Koch
Deserto do Arizona II, 1995
Tempera on canvas
76 x 102 cm

Georges-Philippe & Nathalie Vallois Gallery’s Booth view

The Gallery presents the work of the artist Henrique de Oliveira, who already had a solo exhibition at the Gallery in 2022. In Brazil, Henrique is represented by the Millan Gallery. 

Henrique de Oliveira
Human Nature, 2023
Tree bark and branch elements, cardboard, plywood and glue
190 x 125 x 100 cm

Among the highlights of this year’s Gallery were two notable works by Cicero Dias dating back to 1928, showcasing the timeless allure of Brazilian artistry.

Cicero Dias
Ritmo, 1928
Watercolor on paper
22 x 21 cm

Cicero Dias
Untitled, 1928
Watercolor and ink on paper
17 x 20 cm

The international contemporary Gallery is presenting two works by the Brazilian artist Tunga. The piece executed in 1970, from the series Toro, was placed on hold on the first day of the fair.

Tunga
Untitled (from the series Toro), 1970
Watered-down ink on paper
66 x 96 cm

Tunga
Les Bijoux de Madame de Sade, 1983
Iron, magnet and iron filings
25 x 24 x 12 cm

David Zwirner Gallery’s Booth view

David Zwirner Gallery reported the sale of Lusco-fusco, 1990 by Amadeo Luciano Lorenzato which had an asking price of $350.000.The New York Gallery showcased an exhibition of paintings by the Brazilian artist from April 11 to May 24, 2024. This marked Lorenzato‘s second solo exhibition with the gallery and the second solo presentation of his work in the United States.

Amadeo Luciano Lorenzato
Lusco-fusco, 1990
Oil on canvas on board
70 x 60 cm

Sean Kelly Gallery’s Booth view

Sean Kelly Gallery has Janaina Tschäpe’s Somewhere it sparkles (fernlicht), 2023 on hold for an asking price of $135.000.

Janaina Tschäpe
Somewhere it sparkles (fernlicht), 2023
Oil and oil stick on linen
177 x 233 cm

OMR Gallery’s Booth view

OMR Gallery presents a work by Artur Lescher, a prominent figure in contemporary Brazilian art. In Brazil Arthur Lescher is represented by Nara Roesler Gallery.

Artur Lescher
America, 2023
Brass and multifilament lines
400 x 40 cm

Pace Gallery’s Booth view

Pace Gallery is showcasing Mares do Sul, a piece by Beatriz Milhazes from 2001, available for purchase at a price of $1.200.000.

Beatriz Milhazes
Mares do Sul, 2001
Acrylic on canvas
178 x 197

At the Tanya Bonakdar Gallery, brazilian creativity takes center stage with an exciting exhibition of two remarkable artists, Ernesto Neto and Rivane Neuenschwander.

Ernesto Neto
Body Cos Mind Dance Infinity Love, 2024
Terracota, wood, cotton knit
252 x 80 x 80 cm

Rivane Neuenschwander
Trópicos malditos, gozos e devotos (caderno II), 2024
Acrylic on paper
25 x 422

Lisson Gallery’s Booth view

Lisson Gallery is showcasing two artworks by Hélio Oiticica.

Hélio Oiticica
Untitled, 1955
Gouache on cardboard
62 x 70 x 2 cm

Hélio Oiticica
Untitled, 1958
Gouache on cardboard
29 x 38 x 3 cm


Laffanour Gallery’s Booth view

For the design sector at Art Basel, we’d like to highlight the Laffanour Gallery with works by Brazilian designer Jose Zanine Caldas. The Gallery offers a set consisting of a sofa and a large armchair for €150.000 and €130.000 respectively, as well as an impressive Canoa sofa for €200.000.

Set of Zanine Calda’s sofas

Mameluca Gallery’s Booth view

SSAA and Mameluca Team

Established in 2012 in Rio de Janeiro, Brazil, by Alessandra Clark and Nuno Franco de Sousa, the studio, through its unique design approach, aims to craft narratives that prompt introspection, evoke emotions, and lead to sensory exploration. For this edition, Mameluca is presenting a project themed around bridges and dialogue created through everyday objects, featuring artwork sculptures that can be projected at human scale. All pieces are functional, numbered editions of design art. The finishing of the pieces is impressive, enhancing the poetic nature of the entire project.

Mameluca sculptures and reality artwork’s view


The first VIP days at Art Basel 2024 have been quite a success for the Brazilian market, marking a pivotal moment. The consistent presence of Brazilian galleries at international fairs has facilitated the inclusion of national artists on the global stage. Additionally, partnerships with international galleries are increasingly boosting the market value of Brazilian artists. Despite Brazil currently representing less than 1% of the global art market, its share has doubled from a decade ago, reflecting a significant upward trend.

We believe this is a Well thought-out choice, as Brazilian collectors represent significant wealth that is rare worldwide. Brazil has 69 billionaires in 2024, an increase of 18 from 2023. This increasingly valuable audience, with their penchant for travel and multiple residences, represents a prime target for international galleries. With 10% of exhibitors including Brazilian artists in their portfolios, this strategic move acknowledges not only the talent of these artists but also the significant value of tapping into this unique market.

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