- Champagne increased its weekly share of the market to 14.3%.
- The most traded wines by value this week came from Bordeaux and Burgundy.
- Domaine Leroy, Richebourg Grand Cru 1996 was the top traded wine.
Regional trade this week
The past week saw a return to blue chip buying, a theme that defined most of 2021, with Bordeaux and Burgundy cornering the top five most traded wines by value.
The regions took almost equal shares of the market. Bordeaux increased its weekly share of trade by value, from 25.8% to 31%, while Burgundy dipped slightly to 29.2%.
Champagne improved its share, from 12.0% to 14.3%. Salon and Taittinger were its most traded labels.
Trade across all other regions dipped slightly.
This week’s most traded wines
Domaine Leroy – the most powerful fine wine brand in 2021 – took the top spot of this week’s most traded with its Richebourg 1996.
The 2018 was the most traded Burgundy vintage, and two wines from Domaine de la Romanée-Conti entered the top five.
Meanwhile, Bordeaux activity was centred on the 2016 vintage, which led trade by value and volume. Château Pape Clement and Pagodes de Cos, the second wine of Château Cos d’Estournel, were the most active Bordeaux 2016 wines.
Weekly recap
The VI-1 forms have been officially scrapped, following approval the UK Parliament on 14th December. Earlier this year, Liv-ex’s Managing Director and WSTA board member, James Miles, penned a few words on the far-reaching implications of the UK scrapping import certificates (VI-1).
This week, we looked at the new entrants and the brands that didn’t make the Power 100. Liv-ex members received exclusive insight into Emmanuel Rouget’s performance, the blue chip labels driving Bordeaux, and Jancis Robinson’s top Bordeaux 2019 wines.
Liv-ex analysis is drawn from the world’s most comprehensive database of fine wine prices. The data reflects the real time activity of Liv-ex’s 530+ merchant members from across the globe. Together they represent the largest pool of liquidity in the world – currently £80m of bids and offers across 16,000 wines. Independent data, direct from the market.
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