Eigen + Art at ABMB 2008, courtesy ABMB

Sixty exhibitors who participated in Art Basel Miami Beach in 2008 aren’t returning this December, reflecting a  24% turnover rate.

Sixty-five dealers, some of whom participated in earlier editions, have been added to the roster. (A post with this list forthcoming). The fair includes about 250 dealers overall.

David Nolan, Maureen Paley, Donald Young, Waddington and Skarstedt are among the more established galleries on the “Out” list.

Art Basel is not alone in suffering from heavy turnover. Similar situations are impacting other art fairs of varying sizes and reputations.

The high turnover is something of a dealer fear barometer. The biggest reason for galleries dropping out, according to an informal survey and interviews with fair organizers, is financial.

Other explanations include galleries closures, personal issues and galleries not being admitted to the fair.

Art Basel did manage to maintain a higher percentage in their “Art Galleries” section, with 156 galleries out of 186 returning.

The largest flux was among younger dealers, particularly non-U.S.

OUT:  LIST OF THE GALLERIES WHO ARE NOT RETURNING

Gallery            Country    Section
Alcuadrado        Colombia    Nova
Brooke Alexander    US/NY        Galleries
Alexander and Bonin    US /NY       Galleries
Approach        GB        Galleries
Arndt & Partner    Berlin        Galleries
Art : Concept        FR        Supernova
Blow 111        Portugal    Positions
Broadway 1602    US/NY        Positions
C/O Gerhardsen    Germany    Galleries
Campaña        Germany    Galleries
Castillo David        US        Positions
Cera            Portugal    Nova
China Art Objects    US        Nova
Connelly        US/NY        Supernova
Corvi-Mora        GB        Nova
Dallas            GB        Positions
Engholm Engelhorn    Austria        Nova
Konrad Fischer    Germany    Galleries
Foksal            Poland        Galleries
Fraenkel        US        Galleries
Carl Freedman        GB        Nova
gb agency        France        Nova
Guenther        Germany    Nova
Herald St        GB        Nova
Hotel            GB        Nova
Huber            Austria        Positions
Kadel            Germany    Positions
Kamm            Germany    Supernova
Kerlin            Ireland        Nova
Johann Konig        Germany    Galleries
MacGarry        GB        Nova
Marconi        Italy        Galleries
Mary Mary        GB        Positions
Munro            Germany    Galleries
nächst St. Stephan    Austria        Galleries
Neu            Germany    Galleries
Newman Popiashvili    US/NY    Positions
Nolan            US/NY    Galleries
Nourbakhsch        Germany    Nova
Paley            GB        Galleries
Pérez de Albéniz    Spain        Supernova
Podnar            Germany    Nova
ProjecteSD        Spain        Nova
Raster            Poland        Supernova
Renwick        US/NY    Positions
Reynolds        GB        Galleries
Rivington Arms     US/NY    Galleries
Scheibler        Germany    Galleries
Sfeir-Semler        Germany    Nova
Shugo Arts        Japan        Nova
Skarstedt        US/NY    Galleries
Taxter & Spengemann US/NY    Nova
van Orsouw        Swiss        Galleries
Vilma Gold        GB        Nova
Waddington        GB        Galleries
Washburn        US/NY    Galleries
Wien            Germany    Supernova
Wiesehöfer        Germany    Nova
Wolff            France        Nova
Young            US        Galleries