- The Liv-ex 100 index rose 1.9% in January.
- Domaine Leflaive Bienvenues-Batard-Montrachet Grand Cru 2018 was the top price performer.
- Wines from Champagne’s 2008 vintage also enjoyed price increases and constant demand.
*made with the Liv-ex Charting tool.
The Liv-ex 100 index rose 1.9% in January to close at 399.84. Fine wine prices have been continuously rising since May 2020.
The fine wine market has benefitted from increased liquidity and broadening of trade in recent years, and as explained in our annual report, alternative assets like fine wine have also benefitted from accumulated investor savings during Covid-19 lockdowns and low-to-zero interest rates. However, with interest rates rising again, it will be interesting to see if this momentum remains.
Burgundy leads January’s price performers
The index’s component wines were updated in January. The best price performers were a mixed bunch, but like last month, Burgundy once again led the way.
Domaine Leflaive Bienvenues-Batard-Montrachet Grand Cru 2018 was the biggest mover, up 45.7%. Another Burgundian wine from the same vintage – Domaine Armand Rousseau, Chambertin-Clos de Beze Grand Cru – took the second spot with a 36.9% increase.
Our latest report, published exclusively for Liv-ex members last week, examines the reasons behind Burgundy’s stellar prices and the current market demand for region’s wines.
A strong month for 2008 Champagnes
Even more impressive than Burgundy’s price performance in 2021 was Champagne’s. In January, Taittinger Comtes de Champagne Blanc de Blancs 2008 was the top-performer from the region, up 19.2%. The wine has a current Market Price of £2,360 per 12×75.
Dom Perignon 2008 was also on the move, increasing 12.5%.
Another Champagne – Louis Roederer Cristal 2008 – was the top traded wine by value last month.
Taittinger Comtes de Champagne Blanc de Blancs 2008 trades on Liv-ex
About Liv-ex indices
The Liv-ex Fine Wine 100 Index is the industry leading benchmark. It represents the price movement of 100 of the most sought-after fine wines on the secondary market from France, Italy, USA, Australia and Spain.
The index is calculated using the Liv-ex Mid Price, which refers to the mid-point between the highest live bid and lowest live offer on the market. The prices are validated against additional data including transaction prices and are the most robust measure for pricing wines available in the market.
The reason for this is because other sources of fine wine price information and indices base their calculations on list prices. These are advertised prices, often collected from sellers who may be advertising wine that they don’t have in stock. There is no firm commitment to buy or sell at an advertised price. The real value of the wine may be higher or lower than listed.
Liv-ex uniquely provides prices from real transactions among the wine trade. These are actual trade prices, as well as firm commitments to buy or sell on the market at a given point in time. All transactions are standardised by condition and tax status, allowing you to make like-for-like comparisons. Our members value this because it is real, proven price information.
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