- Bordeaux, the Rhône and Tuscany increased their trade share this week.
- Château Mouton Rothschild 2000 was the top traded wine.
- Our latest extended report, ‘La Place de Bordeaux and the expanding fine wine market’, was published.
Regional trade this week
After achieving a record-breaking trade share of 51.0% last week, activity around Burgundy was calmer this week, back to 34.9%. Meanwhile, Bordeaux took 36.9% of the market by value. Its most traded vintages were the 2000 and 2009, continuing recent demand for ‘on’ vintage claret.
Tuscany more than doubled its trade share, from 3.2% to 6.8%, while Piedmont’s halved, dropping from 3.4% to 1.7%. Italy’s total trade share has declined from 15.3% in 2021 to 12.6% year-to-date.
The USA also experienced a drop in activity, hitting a recent low of 1.6% of the total market.
Trade for the ‘others’ (3.0%) was dominated by Australia (0.8%), with Germany, Switzerland and Spain taking 0.3% each.
This week’s top traded
High value wines from Bordeaux and Burgundy led this week’s trade. Château Mouton Rothschild 2000 took the top spot, having last traded 2.0% below its current Market Price but up 1,154% on its original release.
Mouton Rothschild 2000 trades on Liv-ex
The second spot went to Château Ausone 2009, which continues to trade at a discount to its release price of £12,500 per case. As previously examined, the 2009s were offered at record high prices during a bull run for the market. This restricted their ability for further price appreciation and some wines, such as Ausone, have fallen in value since.
Two wines from Domaine Leroy also made it into this week’s rankings, Richebourg Grand Cru 2011 and Volnay Premier Cru Les Santenots du Milieu 2008. Driven by high demand and limited supply, the wines of Leroy have seen steady price appreciation. Last year, the brand also topped the Liv-ex Power 100 rankings – our measure of the top 100 most powerful brands in the fine wine market.
Weekly recap
This week saw the publication of our latest extended report, ‘La Place de Bordeaux and the expanding fine wine market’. The report examines the evolution of the distribution system and the post-release price performance of established brands and newly launched labels during the autumn campaign.
Liv-ex members received further analysis on DRC’s price performance and recent trading activity for Châteauneuf-du-Pape.
We also looked at the secondary market impact of Cheval Blanc, Ausone and Angélus’ withdrawal from the Saint-Émilion classification ahead of its revision this September.
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 600 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.
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