- A Scottish whisky has made its way to the top five most traded wines and spirits by value this week.
- Armand Rousseau Chambertin-Clos de Beze Grand Cru 2016 was the most active wine by value, having last traded at an all-time high.
- For the fourth week in a row, Bordeaux’s share remained under 30.0%.
Weekly regional trade share
Bordeaux improved its share of trade by value on the previous week, but still remained under 30% of the total market. Its 2018 and 2015 vintages were the most active by value and volume.
Once again, Burgundy accounted for almost the same amount of value traded as Bordeaux, taking 27.1% of the market. Some of the most active wines this week came from the region, with Domaine Armand Rousseau Chambertin-Clos de Beze Grand Cru 2016 taking the top spot. The wine last traded at an all-time high of £41,325 per 12×75.
Armand Rousseau Chambertin-Clos de Beze Grand Cru 2016 trades on Liv-ex
Most other regions like Champagne, Italy and the USA dipped slightly on the previous week.
The ‘Others’ increased its trade share from 3.0% to 4.5%. Australia (1.2%), UK (1.1%) and Germany (0.8%) were the main trading regions.
This week’s most traded
In a week marked by a wide range of wines trading, A Scottish whisky featured amongst this week’s most traded, with single bottles of Dalmore’s 45 Year Old Single Malt changing hands at £11,212 (1×70).
The Highlands represent a small part of the Scotch trades at 1.8% of the total value, with Speyside whiskies dominating the secondary market (92.2%).
While the secondary market for Scotch whisky remains niche, it is growing fast. Scotch whisky first traded on Liv-ex in 2016 (Macallan and Royal Salute) and since then the value of trade has grown 26 times. The total sum of Scotch whisky traded in 2021 was greater than the previous five years combined in both value and volume.
We also explained how market making works in the wine trade and how such businesses can earn profit.
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 560+ merchant members from across the globe. Together they represent the largest pool of liquidity in the world – currently £100m of bids and offers across 16,000 wines. Independent data, direct from the market.
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