Each Friday, we take a look at activity on the fine wine market in our weekly ‘Talking Trade’ post. Highlights this week included:
- Bordeaux, Champagne, the USA and the ‘others’ increased their weekly trade shares.
- Weekly insights included Bibi Graetz opportunities, the tightest markets on Liv-ex, and the best value Promontory vintages.
Regional trade this week
Bordeaux led trade this week accounting for 43.9% of the market (by value). This was an increase on the previous week when it made up just 33.9%. It is also up on its February average of 38.5%.
Champagne, the USA and the ‘Others’ category also improved on their previous week. These rises were largely at the expense of Burgundy, which saw its weekly trade down at 15.1% – below its February average of 21.3%.
This week’s top traded wines also came from the regions that saw their trade share’s increase. Three of the top five were from Champagne, while one wine featured from Bordeaux and California.
This week’s top traded
Petrus 2010 was the top traded wine by value this week. It last traded at £45,400 per 12×75, an 89.9% increase on its release price of £23,900 a case.
From Champagne, Dom Perignon 2013 and the 2014 vintages of Perrier Jouet Belle Epoque and Louis Roederer Cristal were also among the top traded.
As highlighted in our report on the fine wine market in 2022, Louis Roederer Cristal 2014 was the top-traded wine by value in 2022.
However, its last trade price of £2,310 per 12×75 represents an 21.8% decline on the all-time high it reached in November 2022 (£2,956) when demand was racing.
Louis Roederer Cristal 2014 trades on Liv-ex
Weekly insights recap
This week the February values for the Liv-ex indices were published. The Liv-ex 100 index rose for the first time in four months, while the Liv-ex 1000 fell for fourth month in a row.
We also made our report on ‘Burgundy 2021 – For the few, not the many’ free for all and published a short guide to requesting LWIN, which highlights how you can save time by following our simple guidelines.
Liv-ex members received additional analysis on Bibi Graetz opportunities, the tightest markets on Liv-ex, and the best value Promontory vintages.
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.
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.
