English wine trades on Liv-ex for the first time

By August 3, 2016Regions, Rest of the World

Nyetimber Classic Cuvee, 2010

On Monday, Liv-ex saw its first ever trade in English wine when one 6x75cl case of Nyetimber, Classic Cuvee, 2010 traded on the Exchange for £120.

Bordeaux, Burgundy, Italy, Champagne and the Rhone are the major regional groups of fine wines that regularly see secondary market activity. Bordeaux dominates: so far in 2016, trade for the region has accounted for 74.6% of total activity by value. Bordeaux First Growths Lafite Rothschild, Mouton Rothschild and Haut Brion have been the most traded labels so far this year.

Although these groups represent the majority of activity, wines from around the world regularly trade on the Exchange: this year, the fine wine market has seen activity from New Zealand, Lebanon and Chile, amongst others. As shown in the chart below, this group – the ‘rest of the world’ – has seen increased market share in recent years as the fine wine market broadens. Increased participation of English wines would no doubt be welcomed by those in the UK trade.

Fine wine market share

Rest of the world: regional groups that have traded in 2016 (in descending order of value)

USA, Australia, Spain, Port, South of France, Alsace, Germany, Chile, Loire, Cognac, Argentina, Lebanon, South Africa, England, New Zealand.

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