The Liv-ex March 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.
Fine wine holds steady as mainstream markets react to war
Fine wine managed to maintain its upward movement in February despite the headwinds that affected mainstream assets, including slowing GDP growth, rising inflation and Russia’s invasion of Ukraine.
The Liv-ex indices rose again in February although their gains were smaller than those made in previous months. The Liv-ex 100 moved up 0.4%, while the broadest measure, the Liv-ex 1000, went up 1.6%. Its performance was pushed by the Burgundy 150 (3.6%) and the Italy 100 (2.0%). The Rest of the World 60 was the only sub-index in decline, dipping 0.9%.
The ‘others’ category also lost some trade share in February, taking just 3.7% of the market by value. Bordeaux (32.3%), Burgundy (26.3%), Champagne (12.8%), the Rhône (5.8%) and Tuscany (7.0%) all made gains. Demand was mostly UK and US-led, with small but discernible decline in Europe.
The limited-edition Salon Le Mesnil-sur-Oger Oenotheque Assortment Case led trade by value in February, selling for as much as £7,940 per 1×600. Screaming Eagle Cabernet Sauvignon 2019 was the second-most traded wine, enjoying heightened demand ahead of the Super Bowl.
The full report contains additional Liv-ex research and analysis:
- High marks for Lafleur from multiple leading critics
- Inside Italy’s regional price performance
- Rising demand for rosé Champagne
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.
