- Champagne accounted for 25.3% of trade this week.
- Louis Roederer Cristal 2014 was the top-traded wine by value.
- This week’s analysis covered the Rhône, Figeac and the regions leading the market’s broadening, while our recent Champagne report was made available to all.
Regional trade this week
Champagne saw the biggest increase in trade this week and accounted for 25.3% of trade by value, its highest weekly share so far this year. The main drivers behind this uplift in activity can be seen in the table below.
By contrast, Burgundy trade was much more subdued with just 15.4% of the total, while Bordeaux and the USA largely maintained their shares from last week.
Both of the main Italian regions, Tuscany and Piedmont, saw an uptick in trade this week. The top-traded wines from these regions included labels from the Antinori stable; Badia a Passignano Chianti Classico Gran Selezione 2016 and Solaia 2017 and 2016.
Demand for the recently released Penfolds Grange 2018 pushed Australia’s share to 1.3% of the total and Spain accounted for 1.1% thanks to demand for Lopez de Heredia’s Tondonia Tinto Reserva 2010. Both regions helped drive this week’s larger trade share for the ‘others’ category.
Wednesday also saw the first ever trade for a Greek wine in the secondary market, with Gaia’s Assyrtiko Wild Ferment 2020 changing hands at £170 per 6×75.
This week’s top traded
With the region taking a quarter of trade this week, it is unsurprising that many of the top traded wines were Champagnes.
Louis Roederer’s Cristal has seen consistent demand throughout the year and its 2014 vintage was the most traded wine by value this week. The wine has risen 8.3% in value since its release earlier this year.
Its current Market Price is £2,700 per case (12×75) but it hit a new trading high of £2,956 earlier this week.
Louis Roederer Cristal 2014 trades
Weekly recap
This week’s analysis covered the best value vintages of Château Figeac, the value offered by the Rhône and the regions leading the market’s broadening so far in 2022.
Continuing on a Champagne theme, our latest extended report on the region was also made available to all.
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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