- The Liv-ex 1000 continued its bull run into the new year, rising 3.5%.
- The Burgundy 150 was its best-performing sub-index, up 6.4%.
- Champagne 50 and Rest of the World 60 followed, both rising 5.6%.
*made with the Liv-ex Charting Tool
The broadest measure of the market, the Liv-ex Fine Wine 1000 index, rose 3.5% in January to close the month at 439.3.
The index is up 22.3% over one year versus 25.2% for the industry benchmark, the Liv-ex 100. All of the Liv-ex 1000 sub-indices increased last month.
Burgundy outperforms the broader market
The Burgundy 150 index was the best performer, up 6.4%. Prices for the region’s wines continue to soar, driven by looming shortages. Meanwhile, the 2020 En Primeur campaign stimulated demand for back vintages and the region took 24.6% of the market by value last month.
Both the Champagne 50 and the Rest of the World 60 sub-indices rose 5.6%.
Louis Roederer Cristal 2008 – the most traded wine by value in January – was also the top price performer in the Champagne 50, up 19.2%.
The biggest mover within the Rest of the World 60 was Dominus 2015, up 17.7%.
The Bordeaux 500 index has continued to lag behind the other sub-indices, rising just 1.0% in January. The performance of its sub-regions has been mixed, with some of the best-performers coming from Pomerol and rising between 14% to 18%.
*made with the Liv-ex Charting Tool
About Liv-ex indices
The Liv-ex Fine Wine 1000 tracks 1,000 wines from across the world, arranged into seven sub-indices: the Bordeaux 500, the Bordeaux Legends 40, the Burgundy 150, the Champagne 50, the Rhone 100, the Italy 100 and the Rest of the World 60.
The index is calculated using the Liv-ex Mid Price, which refers to the mid-point between the highest live bid and lowest live offer on the market. The prices are validated against additional data including transaction prices and are the most robust measure for pricing wines available in the market.
The reason for this is because other sources of fine wine price information and indices base their calculations on list prices. These are advertised prices, often collected from sellers who may be advertising wine that they don’t have in stock. There is no firm commitment to buy or sell at an advertised price. The real value of the wine may be higher or lower than listed.
Liv-ex uniquely provides prices from real transactions among the wine trade. These are actual trade prices, as well as firm commitments to buy or sell on the market at a given point in time. All transactions are standardised by condition and tax status, allowing you to make like-for-like comparisons. Our members value this because it is real, proven price information.
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