This year Burgundy has had its highest share of trade ever. - Other than DRC, Armand Rousseau’s Chambertin and Georges Roumier’s Bonnes Mares have been the best-performing reds in the Burgundy 150 index.
- Several of the top price-performers do not trade regularly, highlighting scarcity.
*Made using the Charting Tool.
The Burgundy 150 index has had a highly successful year, rising 27.2% year-to-date. It is the second best-performing Liv-ex 1000 sub-index after the Champagne 50.
As detailed in our recent Fine Wine in 2021 report and the December Market Report, Burgundy has taken its highest ever share of trade by value this year too, 21.5% – beating the previous record of 19.6% set in 2019.
Domaine Leroy and Domaine de la Romanée-Conti have been in high demand this year. Impressive price performance meant both were ranked in the top five for this year’s Power 100 – in first and fifth place respectively. However, there have been sizeable gains for other producers as well.
Best-performing Burgundies
Excluding DRC and Leroy, producers whose wines have seen the biggest price swings this year include Armand Rousseau, Bonneau du Martray, Georges Roumier and Domaine Leflaive.
What has been most in demand from each are the various grands crus they produce. For example, Chambertin from Rousseau, Corton-Charlemagne from du Martray, Bonnes Mares from Roumier and Bâtard-Montrachet from Leflaive.
Interestingly, only Rousseau’s Chambertin is among the year’s 10 most-traded Burgundies by either value or volume.
This impressive price performance across the region is reflective of the increasing appetite for Burgundy. Prices are rising across the board, even for wines that are not regularly traded.
Continued acclaim, rising global demand and shrinking supply (very often hindered by small harvests) is generating demand in the secondary market.
Most of the top-performing wines are from recent vintages too, particularly the 2015, 2013, 2012 and 2010.
As shown in the chart above, many of these wines have outperformed the Burgundy 150 index over a two year period. Year-to-date, Armand Rousseau’s 2015 and 2012 Chambertins have risen 65.1% and 53.0% respectively, while Bonneau du Martray’s 2010 and 2015 Corton-Charlemagnes are up 62.0% and 55.3%.
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Liv-ex analysis is drawn from the world’s most comprehensive database of fine wine prices. The data reflects the real time activity of Liv-ex’s 530+ merchant members from across the globe. Together they represent the largest pool of liquidity in the world – currently £80m of bids and offers across 16,000 wines. Independent data, direct from the market.
