- Champagne and Tuscany improved their trade share on last week, while Bordeaux and Burgundy maintained theirs.
- Domaine de la Romanée-Conti Richebourg Grand Cru 2009 was this week’s most traded wine by value.
- Our insights included coverage of the latest En Primeur releases and critic scores, a look inside Spain’s secondary market, and fine wine as a hedge against inflation.
Regional trade this week
Secondary market trade remained steady this week, despite a rising wave of En Primeur releases and ProWein grabbing the attention of many parts of the industry.
Champagne and Tuscany were the only regions to make more significant gains on last week, increasing their trade share to 14.8% and 7.9% respectively. Champagne was led by Louis Roederer Cristal and Dom Pérignon, while Tuscany relied on the Super Tuscans Sassicaia and Tignanello.
Bordeaux maintained its market share at around 36%, driven by its 2019 vintage (value) and 2014 (volume). So did Burgundy; the region took 24% of the market for the second week in a row, thanks to its 2019 and 2018 vintages.
Trade in the Rhône, Piedmont, USA and the ‘others’ slipped lower as buyers’ focus narrowed.
This week’s top traded
Domaine de la Romanée-Conti Richebourg Grand Cru 2009 was this week’s most active wine by value, having last sold at £60,000 per 12×75 case.
It was followed by the most traded Champagne year-to-date – Louis Roederer Cristal 2008 – which boasts 99-points from Antonio Galloni (Vinous) and 100-points from James Suckling.
Meanwhile, Sassicaia 2017 traded at an all-time high of £2,400 per 12×75 this week, up 41.2% on its release price. The wine had previously set a record in April but for trade of magnum format bottles at £447 per 1×150.
Sassicaia 2017 trades on Liv-ex
Weekly recap
Our coverage of the Bordeaux 2021 En Primeur campaign continued this week – from the publication of Lisa Perrotti-Brown MW’s scores to pricing analysis of Cheval Blanc and Pavie-Decesse among other releases.
Liv-ex members received additional updates on the impact of different currencies and inflation on fine wine prices, Burgundy’s best value Grand Crus and 2014 Bordeaux which remains its best value vintage.
We also examined Spain’s secondary market and the most traded white wines on Liv-ex.
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 575+ 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.
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