In our recently published May Market Report, we pointed out that the components of the Burgundy 150 ‘were the best performers (in April), up 3.5%’. With a rise of 43.6% in the last one year, the Burgundy 150 index is at a record-high level of 839.
The number of Burgundy wines traded on Liv-ex has risen 36.8% over the past 10 years to a reach a record high of 4,081 by the end of 2021.
Burgundy has enjoyed increasing global demand over the last decade and this has meant rising prices.
Excluding Domaine de la Romanée-Conti and Domaine Leroy, producers whose wines have seen the biggest price rises this year include Bernard Bonin, Prieuré-Roch and Arnoux Lachaux.
The table below shows which Burgundy wines traded in the past year have had the highest price increases (excluding DRC and Leroy). Wines from appellations such as Vosne-Romanée and Bonnes Mares have fared particularly well, with cuvées from Prieuré-Roch, Georges Roumier and Joseph Drouhin rising 164%, 76% and 74% respectively.
The inclusion of two wines from Fixin demonstrates the on-going broadening of the Burgundy market. Domaine Berthaut-Gerbet, is now run by the seventh generation Amélie Berthaut. Neal Martin once commented on her potential saying ‘Amélie Berthaut has radically improved the wines and has a lifetime of great wines ahead of her’. It could be the market has taken note.
Aligoté, Burgundy’s long overlooked white grape variety is also on the move. Domaine d’Auvenay, Bourgogne Aligoté, Sous Chatelet 2014 has seen a 386% price increase in the past year.
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 560+ 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.
