- Burgundy, Champagne, USA and the ‘others’ increased their weekly trade share.
- Domaine Leflaive Montrachet Grand Cru 2003 was the most active wine by value.
- Weekly insights included the publication of our Q2 report and analysis of the best-performing Léoville Las Cases vintages and Burgundian Grands Crus.
Regional trade this week
The market this week saw heightened demand for Burgundy and Champagne, which increased their share of trade to 27.5% and 17% respectively. Wines from these regions also took the first two spots in the top traded rankings (see below).
The USA’s trade share climbed from 7.2% to 11.4%, with Screaming Eagle and Spottswoode at the forefront of market activity. The ‘others’ category also made gains, led by Australia (1.8%) and Germany (1.5%).
After improving last week, Bordeaux’s trade share fell back below 30%. The 2019 and 2016 were its most traded vintages by both value and volume. Tuscany, Piedmont, and the Rhône dipped as well.
This week’s top traded
Domaine Leflaive Montrachet Grand Cru 2003 was this week’s most traded wine by value, having last changed hands for the equivalent of £158,004 per case – a record high. Louis Roederer Cristal 2014 returned to the rankings for the second week in a row, with a last trade at £2,478 per 12×75.
From Bordeaux, Château Léoville Las Cases 2016 took the fifth spot. The 2016 is among the best-performing vintages from the estate, and the second most traded vintage of Las Cases so far this year.
Léoville Las Cases 2016 trades on Liv-ex
Weekly recap
This week we published our quarterly overview, which examined the latest trends on the secondary market. Overall, fine wine managed to hold steady in Q2 although it rose at a slower rate, with Rhône and Burgundian labels leading the list of best price-performers.
We also looked at the Burgundian Grand Crus leading trade, and the performance of the Liv-ex indices in June.
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 580+ 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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