The Liv-ex April Market Report has been published exclusively for members on our Silver package or above. The following is an extract.
Liv-ex members on our Silver package or above can access the full report here. To upgrade your package, click here or speak to your Account Manager.
Spring has sprung, and so has the Liv-ex Fine Wine 100: the industry benchmark rose 0.4% in March, its first positive movement in twelve months.
While this rise may be a promising sign of stability, it wasn’t reflected in the rest of the market. The Liv-ex Fine Wine 50, which tracks the movements of the First Growths and is updated daily, fell 0.6% month-on-month.
Likewise, the Liv-ex Fine Wine 1000, the broadest measure of the fine wine market, fell 0.6% in March. That said, this decline was much milder than the one it recorded in February (1.3%). Of its sub-indices, the Rhône 100 fared best, rising 0.4% month-on-month, while the Champagne 50 dipped 2.2%.
Trade value and volume on the exchange took a slight dip in March, as did the number of individual wines (LWIN11s) traded.
One quarter into 2024, the Liv-ex 1000 is down 3.5%, primarily driven by the Burgundy 150 which is down 5.5% year-to-date, the Rhône 100 down 4.8% and the Rest of the World 60, down 3.6%.
The full report contains additional Liv-ex research and analysis:
- Screaming Eagle 2021 led the top-traded wines of the quarter by value following its release in early 2024.
- As Antonio Galloni explores Domaine de la Romanée-Conti’s 2021 vintage, we examine the success of the producer’s different Grand Crus.
- Is now the time to turn to Tuscany? Technical analysis of the regional performance of the Italy 100.
- After the flurry of March La Place releases, we explore the market’s reaction to the wines.
- What’s bring down the Rest of the World 60 index?
Liv-ex members on our Silver package or above can access the full report here. To upgrade your package, click here or speak to your Account Manager.
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 620+ merchant members from across the globe. Together they represent the largest pool of liquidity in the world – currently £100m of bids and offers across 20,000 wines.