The demand for works by Ukrainian artists in Europe and the USA is steadily increasing, contributing to a rapid rise in prices for both renowned and contemporary artists. In recent years, Ukrainian art has gradually transformed into not only an important cultural asset but also a promising investment vehicle: many works significantly increase their market value within a few years.
This is reported by Finway
Price Records and Sales Trends
Among the most famous Ukrainian artists, Maria Prymachenko confidently holds her position, with her works sold at European auctions over the past three years for $120,000, $180,000, and $276,500 respectively, while her painting “Flowers Grew Around the Fourth Block” set a record in 2024, reaching a price of $500,000.
Ivan Marchuk sold over ten of his canvases in 2024–2025, ranging from $55,000 to $120,000. In comparison, just in the 2010s, this artist’s works were valued between $15,000 and $25,000, indicating a significant increase in the value of his paintings.
Anatoliy Kryvolap set a personal record at Sotheby’s auction — his work was purchased for $186,000.
Among contemporary authors, Zhanna Kadyrova, Serhiy Maidukov, and Kinder Album stand out. Their works at auctions in London, Paris, and Zurich were sold for €7,000 to €22,000. At the Kyiv Art Fair, one of Kinder Album’s works was sold for €19,000. The price increase for works by young Ukrainian artists averages 20–45% per year.
Graphics, Small Formats, and the NFT Segment
The market for graphics and small formats is becoming increasingly accessible to new collectors: the average price for works on paper or small oil paintings ranges from $2,000 to $9,000. However, some works show significant price growth over a short period. For example, the piece “UA Vibes” by Kateryna Likhachova was purchased for €5,500 in 2022 and sold in Berlin for €14,400 by 2025.
In digital art, Ukrainian artists are also achieving success. The most expensive NFT lot by Elina Berezina — “Hybrid Memory” — was sold in New York for $9,325. The average entry threshold for investments in digital works is around $1,000 to $5,000.
“Overall, the price increase for young Ukrainian authors is 20−45% per year.”
The gap between the value of works by young and already recognized artists remains significant. For instance, works by Andriy Drychuk and Roman Minin appear at auctions for $17,000 to $37,000, while Oleg Tistol’s paintings sold for $41,000 in 2024.
Among the notable results of the summer auctions of 2025, it is worth mentioning the sale of Zhanna Kadyrova’s work “Night City” ($19,800, Phillips London), Ivan Marchuk’s “Apple Blossom” ($67,000), Anatoliy Kryvolap’s “Kyiv Motif” ($105,000), and Oksana Mas’s “Deep Memory” (€13,300, Frankfurt).
Thus, Ukrainian art remains an attractive area for investment in 2026, offering a wide selection for both experienced collectors and newcomers.