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Dominio de Pingus 2019 leads weekly trade

  • Burgundy, Champagne, the Rhône, Piedmont and the ‘others’ increased their weekly share of trade.
  • Dominio de Pingus 2019 was this week’s top traded wine by value.
  • Weekly insights included our latest report on digital transformation in the wine business, William Kelley’s Bordeaux 2021 scores and Gavin Quinney’s Bordeaux 2021 overview.

Regional trade share this week

The first Bordeaux 2021 releases will soon be upon us. Yet despite the global attention that En Primeur attracts each year, Bordeaux failed to maintain its secondary market share above 30% this week, slipping from a high of 42.9% last week back to 28.2%.

Trade by both value and volume once again centered around the 2019 vintage, which has been luring buyers with its high quality and continued good value.

Also driven by the 2019 vintage, the Rhône more than doubled its weekly share of trade, from 3.1% to 7.5%. Burgundy, Champagne, Piedmont and the ‘others’ improved too.

Australia, which has historically been the most important Rest of the World player, did not lift the ‘others’ trade share this week, although new wines from Henschke were released.

The 2017 vintage of Henschke’s single-vineyard Shiraz wines from the Eden Valley, Hill of Grace, Hill of Roses, Mount Edelstone and The Wheelwright, were offered internationally on Tuesday.

Instead, trade for the ‘others’ was led by the UK (2.9%), with demand for single malt whisky, and Spain (2.3%) this week.

This week’s top traded

A Spanish wine led weekly trade by value – the 99-point (WA) Pingus 2019. In his tasting note, Luis Gutiérrez said that ‘the word that best describes this wine is precision – it’s clean, focused, balanced and delineated’.

Two second wines from Bordeaux’s 2019 vintage also made in into this week’s top traded – Pavillon Rouge du Château Margaux and Carruades de Lafite. Château Lafite Rothschild’s second wine last traded at a 68.9% premium on release.

Two of the most active Champagnes this year also continued to enjoy strong demand. Louis Roederer Cristal 2008 has been the most traded wine by volume in magnum format in the past year.

Weekly recap

This week saw the publication of our latest report, How to digitally transform your wine business. The report presents seven use cases on how merchants have used automation to successfully transform their businesses and accelerate their growth.

The first critical assessments of Bordeaux 2021 have now been released. This week we looked at some of William Kelley’s top-scoring wines. We also published Gavin Quinney’s Bordeaux 2021 weather and crop report.

The market continued to move upwards, as examined on Wednesday (Liv-ex 100) and Thursday (Liv-ex 1000), although the indices’ pace of growth has slowed. Burgundy led the broader market in April, including UK bank holiday trade.


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 575+ 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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