Unlike last year, when all the biggest price risers from the Liv-ex 1000 came from Burgundy, this year’s top ten movers showcased the changing face of the fine wine market. The list below is a reflection of the regions that steadily gained momentum in 2019 – Italy, Champagne and the Rhone.
The top performer is Giacomo Conterno, Barolo Riserva Monfortino 2002, leaping 75% in value over the past year. Prices for Piedmont’s finest have been driven not only by the wines’ quality, but also by their rarity and exclusivity. Two wines from Gaja also feature in the top ten as the brand has made a comeback in the past year.
Top ten performers in the Liv-ex Fine Wine 1000 Index in 2019*
*Prices shown are Liv-ex Mid Prices.
The Rhone, which continues to offer great value for money, discussed at length in November’s Market Report, also featured with three wines. Chapotier Ermitage Pavillon 2007 rose an impressive 53%, Auguste Clape 2011 from Cornas rose 35%, while Vieux Telegraphe Chateauneuf Du Pape 2008 climbed 24%.
Three Champagnes – Bollinger Grande Annee 2004, Louis Roederer Cristal Rose 2009 and Salon Mesnil 2002 – featured with gains of 37%, 24% and 23% respectively.
This year, only one wine from the Cote de Beaune made it into the top ten risers – Bonneau Martray Corton Charlemagne 2007, up 23% in value.
Click to download the full summary of the year 2019 in the fine wine market.