- Italy and Champagne’s trade share rises
- Bordeaux and Burgundy pull back
- Sassicaia 2015 most active wine
- Champagne report coming
Activity increased by value this week, while trade volume continued to decline. Bordeaux’s market share pulled back from 66.2% last week to 57.8%. This seems to be the new normal for the region, which hit record lows this summer.
The Liv-ex 50 – which tracks the price of the First Growths – was down 0.1% on the previous week. Still, three vintages of Latour were among the most traded wines by value, namely the 2003, 2000, and 1996.
Champagne’s activity increased by both value and volume as merchants started preparing for the festive period. Perrier Jouet, Belle Epoque 2011 was the second-most active wine. It last traded for £1,100 per 12×75.
Italy’s market share also rose to 11.7%, perhaps fostered by heavy trading of Sassicaia 2015. Burgundy, Rhone and the Rest of the World pulled back slightly.
Champagne – a market without bubbles
The celebratory nature of Champagne, combined with its unparalleled global distribution network, makes it a unique offering in the fine wine world and it is often a consumer’s first step into the investment market. Next week, we will be publishing a short report on the Champagne market, which will examine the drivers behind the region’s impressive growth.
Case study on Wine Matcher