The Liv-ex August Market Report has been published exclusively for members on our Silver package or above. The following is an extract.
Liv-ex members on our Silver package or above can access the full report here. To upgrade your package, click here or speak to your Account Manager.
July saw the fine wine market’s downturn continue. The Liv-ex Fine Wine 100, the industry leading benchmark, fell 1.1% in July, a sharper fall than recorded in June (-0.4%) and May (-0.6%).
The wider market, represented by the Liv-ex Fine Wine 1000 (which tracks 1,000 wines from across the world), fell by 0.7%, a lesser fall than the -1.2% registered in June. As the market continues to search for safe havens, the Bordeaux Legends 40, which tracks the performance of 40 Bordeaux wines from exceptional older vintages (from 1989 onwards), registered a small rise for the second consecutive month (0.2%). The Champagne 50 also recorded a rise (0.9%), recovering some of its recent losses.
July also saw a fall in the number of unique brands (LWIN7s) traded (-2.8%), with the number of unique wines (LWIN11s) changing hands also falling 3.1%.
The full report contains additional Liv-ex research and analysis:
- July saw the fine wine market’s downturn continue, the Liv-ex Fine Wine 100, the industry leading benchmark, falling 1.1%. Still, some indices have risen, as we explain in our look at the Champagne 50.
- In light of the up-coming La Place campaign, we explore the paradox of declining faith in Bordeaux’s En Primeur system, and producers from outside the region choosing to join.
- Chianti Classico might currently be one of the best examples of a misalignment between quality and price. We analyse how Chianti Classico is valued vis-à-vis its Italian competitors.
- Château Lafite Rothschild 2019 came in as the top-traded wine by value during H1 2024. Using technical analysis, we explore the possible future of price movements.
- 2024 has so far seen Spain’s performance on the secondary market gather momentum. We examine how trading of the region’s wines has changed over time.
Liv-ex members on our Silver package or above can access the full report here. To upgrade your package, click here or speak to your Account Manager.
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 620+ merchant members from across the globe. Together they represent the largest pool of liquidity in the world – currently £100m of bids and offers across 20,000 wines.
