- According to the Chinese zodiac 2022 is the year of the Tiger, with previous Tiger vintages including 2010, 1998, 1986, 1974, 1962 and 1950.
- The 2010 has been the most traded vintage by value in Asia over the past month, with wines from Bordeaux, Burgundy and Barolo enjoying heightened demand.
- Historically, Carruades de Lafite has been the most traded 2010 wine by both value and volume in Asia, while its big brother Lafite Rothschild has led trade for the 1998 vintage.
Chinese New Year influences demand for Tiger vintages
The Chinese zodiac has historically influenced secondary market trade in Asia. As 2022 is the year of the Tiger according to the zodiac calendar, past ‘Tiger’ vintages are seeing increased demand in the secondary market. These include 2010, 1998, 1986, 1974, 1962 and 1950.
Overall, the 2010 vintage has been the third most traded by value and the second most traded by volume in the history of the secondary market since records began in 2002.
Ahead of the coming festivities, the vintage has been in even sharper focus, becoming the most traded by value in Asia over the past month. From Bordeaux, the 2010 vintages of Château Lafite Rothschild, Petrus and Château Margaux have enjoyed renewed demand.
A trend towards greater diversity
Barolo and Burgundy from the 2010 vintage have also been subject to Asian buying interest, with Pianpolvere Soprano Barolo Bussia Riserva and Frederic Magnien Bonnes Mares Grand Cru changing hands.
Like the rest of the secondary market, trade in Asia is also expanding outside of Bordeaux. In 2021, Bordeaux’s share by value in the Asian market slipped to a new low of 46.0%, while Burgundy’s share climbed to 30.0%.
The most traded ‘Tiger’ wines in Asia
Historically, Carruades de Lafite has been the most traded 2010 wine by both value and volume in Asia.
The wine commands a current Market Price of £3,300 per 12×75, having declined in value post-release during the Bordeaux bubble and then gathering momentum again since 2015. It last traded for £3,195 in December.
Carruades de Lafite 2010 trades on Liv-ex
Demand for the 1998 vintage has been led by its big brother Lafite Rothschild. Like its second label, Lafite’s prices rose to an all-time high during the peak of the Bordeaux market in 2010. The 1998 last traded at a recent high of £9,000 this December, up 18.4% on its current Market Price.
Lafite Rothschild 1998 trades on Liv-ex
Meanwhile, the most traded 1986 ‘Tiger’ wine has been Château Mouton Rothschild. The wine is currently offered at its Market Price of £8,650 per 12×75.
There are currently 1,145 Live Opportunities for the most recent ‘Tiger’ vintages.
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.
