Liv-ex 100 index closes 2019 down 3%

By January 2, 2020Fine Wine Market, Indices

Liv-ex 100 index

The Liv-ex Fine Wine 100 index closed December on 302.56, down 0.61% on November’s close (304.42). Overall, the index is down 3.04% this year in what has been a mixed year for the fine wine market.

As we discussed in our latest report, the fine market was hit by intensifying headwinds towards the second half of the year. Brexit uncertainty, the US-China trade war, political and economic strife in Hong Kong, and most recently, the introduction of US tariffs on European wines have all had an impact on fine wine prices.

You can download the report which summarises the fine wine market in 2019 for free, here.

Liv-ex 100 index

The top movers in December were from a variety of regions, with wines from Italy, Burgundy, Bordeaux and the Rhone making the top five. Bartolo Mascarello Barolo 2014 was in the top spot, up 10.4%. It last traded for £2,050 per 12×75.

Mission Haut Brion 2009, which was awarded 100 points by both Robert Parker and Lisa Perotti-Brown, was also among the top five. In his tasting note, Parker said that the wine was “perhaps a once-in-a-lifetime La Mission-Haut-Brion” and added that “the 2009 will take its place alongside the many great wines made here since the early 1920s”.

DRC featured heavily among the biggest fallers this month, with the 2015 vintages of Romanee Conti and Tache featuring, along with the 2014 Richebourg.

Gaja Sperss 2013 and Screaming Eagle 2015 were the biggest fallers, down 7.7% and 6.6% respectively.

The Liv-ex Fine Wine 100 index is the industry leading benchmark. It represents the price movement of 100 of the most sought-after fine wines on the secondary market. You can download it’s list of components here. For more information on other Liv-ex indices, click here.

All Liv-ex indices are calculated using the Liv-ex Mid Price which is based on merchant transactions. For more information, click here.