Erotic poetry: Is there a market?

I'd think that some of the more literary erotic publishers and magazines would be interested in erotic poetry.

Think of unconventional markets, as well. I'm working on a piece of erotic poetry no more than 20 or 30 sentences, to be turned into a book art sculpture/jewelry piece later this year. Basically, each bead will be a word, and they'll all be strung in sequence on a scarf-like piece of body jewelry. I'll have a smaller text-on-paper version as well. The grouping will sell for around $600 or higher as one unique sculpture. If I could figure out multiple production I could do an edition of 5 or 10, and make even more money. Not all at once, since art takes time to sell.

I'm getting a lot of book art clients who are not averse to erotica with their art - it's an old and honored tradition.

Erotic poetry per se is a very limited market--but there are a few online venues and themed issues of magazines. As with most poetry the pay is not so much.

Simply put, yes! I know of at least one. It's very new and has only published two issues thus far (editors are working on the third), but the debut issue is fantastic (and I don't just say that because I had a poem published in it) and it sounds like what you're looking for. It's called nin: a journal of erotic poetics.