20 years of fine wine insight

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The Liv-ex August Market Report has been published exclusively for members on our Silver tier package or higher. The following is an extract.

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20 years of fine wine insight

The Liv-ex 100 index – the industry benchmark – celebrated its 20th anniversary this July. The index was officially launched in December 2003 and backdated to July 2001. Tracking the movements of the 100 most sought-after wines on the secondary market, it provides insight into its overall health.

The Liv-ex 100 rose 2.6% in July to close at 346.57, just 5% off its all-time high, pushed by particularly strong performances from Champagne and Burgundy.

The broadest measure of the market, the Liv-ex 1000, rose 1.3%, marking its eleventh month of consecutive gains and an all-time high. The Champagne 50 was the best-performing Liv-ex 1000 sub-index in July, up 2.7%. Meanwhile, the Burgundy 150 is the best-performing regional index year-to-date, having risen 1.6% last month. More milestones were hit last month – the 100,000 wine was added to the LWIN database, which contains free detailed information on various wines and spirits.

The market continued to broaden in July, with the number of distinct wines (LWIN11s) trading up 8% on June. In terms of monthly regional share, Burgundy’s increased from 16.6% to 22.4%, Bordeaux from 47.8% to 48.7%, and Champagne from 6.8% to 7.4%. Italy dipped from 16.8% to 11.6%, the USA from 4.1% to 3.9% and the Rhône from 4.7% to 3.7%. The ‘others’ category accounted for 2.3% in July, helped largely by Australia (0.7%).