Recent trading activity
Burgundy led trade in the beginning of the week, with its 2018 and 2020 vintages enjoying increased demand. However, wines from older vintages such as Domaine Georges Roumier Bonnes Mares Grand Cru 2011 and Domaine Anne Gros Richebourg Grand Cru 2007 also attracted buyers.
Bordeaux was the second-most active region, driven by the First Growths Château Haut-Brion 2016 and Château Mouton Rothschild 2009 and 2016. Meanwhile, California, Piedmont and the Rhône took almost equal shares of the market by value.
Rising Burgundy trade
Burgundy had a very strong year in 2022. Overall, the region took 26.2% of trade by value, its highest ever market share.
The growth of Burgundy’s trade over the last decade can be seen in the chart above. The value of red wines traded in the market has risen by 5,491% since 2010.
White Burgundy trade has been more modest, though it is still up by 2,383%.
In 2022, red wines accounted for 74.1% of the region’s trade by value and 64.5% by volume. White by contrast represents 21.7% of value and 34.9% of volume.
These numbers might seem strange considering Burgundy is a predominantly white wine region, with white varieties representing around 60% of production, according to regional trade body, the Bourgogne Wine Board.
However, across nearly every fine wine region, with Champagne being a notable exception, red wines lead secondary market activity.
With many of Burgundy’s whites intended for early-drinking, it might come as no surprise that the secondary market is also dominated by the longer-lasting reds.
The table below shows the top traded red and white Burgundy wines in 2022.
Stay tuned, our upcoming report on Burgundy will look at this fine wine region’s performance on the secondary market in more depth.
There are currently over 5,965 LIVE Burgundy opportunities on your exchange.
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 £80m of bids and offers across 16,000 wines.
