- Italy’s trade share increased, driven by demand for Sassicaia 2019.
- Dom Pérignon 2012 was this week’s most traded wine by value.
- Liv-ex indices rose again in February but not as strongly as previous months.
Regional trade this week
Italy made the biggest gains this week, driven by trade for Tuscany (10.9%) and Piedmont (4.2%). The recently released Sassicaia 2019 which has seen increased market demand helped elevate Tuscany’s trade share. The Super Tuscan is one of the best-performing Italian brands. Its index, which tracks the price performance of its last 10 vintages, has risen 29.8% in the past year.
The USA also increased its share of the market this week, from 4.9% to 6.1%. Scarecrow Cabernet Sauvignon, Opus One and Screaming Eagle Sauvignon Blanc led US activity.
Meanwhile, Bordeaux, which took 34.0% of the market, saw demand for its 2000, 2018 and 2008 vintages.
This week’s most traded
Dom Pérignon 2012 was this week’s most actively traded wine by value. It last changed hands slightly above its current Market Price of £1,788 per 12×75. Last year, Antonio Galloni (Vinous) awarded the wine 97-points, describing it as a ‘dense Dom Pérignon endowed with real phenolic intensity’.
Another Champagne, Louis Roederer Cristal 2008, was the fifth-most traded wine by value both this week and for the whole of February.
The 100-point (James Suckling) Château Lafite Rothschild 2009 also featured. It last traded at £8,826 per 12×75 – 0.3% below its current Market Price and 19.8% below release.
Lafite Rothschild 2009 trades on Liv-ex
Weekly recap
The fine wine market has managed to maintain its upward movement despite numerous headwinds that have affected mainstream assets, including slowing GDP growth, rising inflation and Russia’s invasion of Ukraine. The Liv-ex indices closed February on the up, with 0.4% rise for the Liv-ex 100 and 1.6% increase for the Liv-ex 1000.
Ahead of the upcoming Ao Yun 2018 release, we examined the brand’s secondary market performance, while Liv-ex members received additional updates on wine offers under £500 and Galloni’s 2019 Super Tuscan scores.
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 560+ merchant members from across the globe. Together they represent the largest pool of liquidity in the world – currently £100m of bids and offers across 16,000 wines. Independent data, direct from the market.
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