More than 5,000 distinct wines (including vintage) traded in the first quarter of the year, a 55.8% increase over the same period in 2020. Of those wines, more than 2,300 were from outside the traditional regions of Bordeaux and Burgundy.
The top traded wine by value was Screaming Eagle 2018, which was only released in February. The wine last traded at £6,350 per 3×75.
Wines from the 2018 California vintage have been a popular this year; the Scarecrow Rutherford Cabernet Sauvignon 2018 also graced the top 10. Both wines received 100 points from critics.
Classic wines also do well
Burgundy was back in the spotlight in a big way as US buyers returned to the market in early March following the suspension of US tariffs. The top traded Burgundian wine by both value and volume was Domaine Ponsot Clos de la Roche Grand Cru Cuvée Vieilles Vignes 2018, closely followed by its 2017 vintage.
Ranked third was Château Lafite Rothschild 2018, a bottling which marked the 150th anniversary of the Rothschild family’s acquisition of the property. Liv-ex members surveyed during its EP release voted it the wine of the vintage.
The wine was recently awarded 100 points by Lisa Perrotti-Brown MW of the Wine Advocate. The wine has risen 23.3% since its London release.
The table below highlights the top 10 most traded wines by value in the first quarter of the year.
A French wine topped the list from 2003 to 2019. An Italian wine reached the top in 2020. And now a US wine tops the list in 2021. The times, they are a’changing.
Want to track the top traded wines on a weekly basis? The Liv-ex Opportunities Grid highlights just that. Linked below, Trapet Pere et Fils, Chambertin Grand Cru, 2018 currently leads.