- Burgundy, the Rhône, Piedmont and the ‘others’ increased their trade share on last week.
- Château Lafite Rothschild 2018 was this week’s most traded wine by value.
- Weekly insights included analysis on H1 2022 trading activity, what the current bid:offer ratio is showing and the impact of UK importer labels.
Regional trade this week
The week saw heightened demand for Burgundy, which increased its trade share from 22.3% to 28.9%. The 2003 vintage led trade by value and the 2019 led by volume. Wines from Domaine Leflaive, Arnoux-Lachaux and Georges Roumier were among the most active from the region.
Although Bordeaux’s share declined on last week, it managed to stay above 40.0%, driven by its 2019 and 2018 vintages. A few recent En Primeur releases changed hands, including Trotanoy and Haut-Brion Blanc 2021.
Champagne’s share dipped to 16.0% from the record level set last week (19.3%) but different vintages of Louis Roederer Cristal continued to trade actively.
Meanwhile, trade within the ‘others’ was led by wines from Spain (0.9%), Germany (0.5%) and Australia (0.5%).
This week’s top traded
Château Lafite Rothschild 2018 was the most active wine this week, having last changed hands at a 27.2% premium on its release price, but 6.9% below its current Market Price.
Two vintages of Domaine Leflaive Montrachet Grand Cru – 2003 and 2007 – led Burgundian trade by value.
From Champagne, Piper-Heidsieck Rare 2008 traded at £1,288 per 12×75, slightly below its release and current Market Price.
Weekly recap
This week, we continued to examine secondary market activity in the first half of the year, with articles on the most traded and the most in-demand wines.
We also looked at why the bid:offer ratio is showing signs of wider global problems and how wine businesses can minimise the impact of the introduction of importer labels.
On Wednesday, we announced that Wine-Searcher has incorporated LWIN into their product database ‘to make wine matching and discovery simpler and more accurate’. You can read the joint press release here.
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 £100m of bids and offers across 16,000 wines. Independent data, direct from the market.
Not a member of Liv-ex? Request a demo to see the exchange and a member of our team will be in touch with you shortly.
