The Liv-ex February Market Report has been published exclusively for members on our Silver tier package or higher. The following is an extract.
Liv-ex members on our Silver tier package or higher can access the full report here. To upgrade your package click here or speak to your Account Manager.
A strong start to the new year for fine wine
January was an active month for the fine wine market – the second best in terms of volumes traded in its history. Trade by value was dominated by Bordeaux (30.2%), Burgundy (24.6%), Champagne (10.9%) and the USA (10.4%).
Louis Roederer Cristal 2008 (with a Market Price of £3,620 per 12×75) was the most traded wine by value, while Daou’s Discovery Cabernet Sauvignon 2018 (£324 per 12×75) from Paso Robles led by volume.
Fine wine prices continued their bull run into the new year, with a 1.9% move for the Liv-ex 100 and 3.5% for the Liv-ex 1000. Rising interest rates around the world are expected to dampen consumer spending, however, so it remains to be seen if fine wine proves resistant?
The market’s momentum was led by the Burgundy 150 index in January, which rose 6.4%. Heightened demand and impending shortages have contributed to persistent price hikes across the primary and secondary market, as examined in our recent report, Burgundy 2020: Stocks and sweet spots.
Additionally, eight out of the 10 biggest risers from the Liv-ex 1000 came from the region. Bouchard Pere et Fils Montrachet Grand Cru 2017 was the top performer. The wine has a current Market Price of £7,200 per 12×75.
The full report contains additional Liv-ex research and analysis:
- Jane Anson places Bordeaux 2019 alongside 2015 in terms of vintage quality
- Burgundy overtakes Bordeaux in the early weeks of 2022
- Industry news
- Burgundy 2018 and Champagne 2008 lead January’s price performance
- First Growth prices begin to outperform the second wines
Liv-ex members on our Silver tier package or higher can access the full report here.
To upgrade your package click here or speak to your Account Manager.
