Liv-ex 1000 closes 2018 up 10%

By January 3, 2019Fine Wine Market, Indices

The Liv-ex 1000 index – the broadest measure of the market – closed 2018 on 363.3, a gain of 10% on last year’s close. After reaching a record monthly high in November, the index dipped by 0.2% over the festive period.

Both the Liv-ex Fine Wine 100 – the industry benchmark, and the Liv-ex 50, which tracks the daily price movements of the First Growths, fell slightly on 2017.

Liv-ex 1000 sub-indices in 2018

2018 was a very steady year for the Burgundy 150, which rose by an impressive 34.9%, pushing its parent index up. However, like most of the other sub-indices, the Burgundy 150 dipped slightly in December (-0.49%).

The Bordeaux Legends 50 and Champagne 50 followed behind, up 8.3% and 7.8% respectively over the course of the year.

The perennial underperformer, the Rhone 100 was up 1.3% last month and closed the year with an average gain of 7%, which placed it firmly in fourth place. In December, the sub-index was largely helped by strong price performance for Clape Cornas and Jean-Louis Chave.

The Bordeaux 500 and Rest of the World 50 were the slowest risers in 2018, posting gains of 0.6% and 1.7% respectively.

In 2018, we also introduced two new indices, which are not part of the Liv-ex 1000. The California 50 closed the year on 319.9 with an annual gain of 21%, while the Port 50 rose to 167.8 (+3%) over the same period.

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