Skip to main content

Fine wine market remains cautious in April

  • The Liv-ex 100 index rose 0.7% in April, the same increase as in March.
  • Wines from Burgundy’s 2018 vintage dominated the list of the biggest risers.
  • Petrus 2016 was April’s top performer, up 19.1%.  

Liv-ex 100 rises 0.7% in April

*made with the Liv-ex Charting tool.

The Liv-ex 100 index closed April at 406.82, rising 0.7% – the same increase as in March.

In the first four months of the year, the index is up 3.6% versus 11.4% in the last four months of 2021.

Although still at a record level, the index’s pace of growth has slowed. Its cautious moves could be attributed to continued global uncertainty but also to industry-specific factors. For most of the wine trade, April was a month of holidays. It also saw the return of trade fairs (like Vinitaly) and En Primeur tastings in Bordeaux.

April’s biggest risers

The best-performing wines in April rose between 11% and 19%, compared to smaller moves in March (7%-15%) and February (6%-10%).

The 2016 Petrus, which has been its most traded vintage in the past year, led the way. The wine boasts 100-points from Lisa Perrotti-Brown MW (when writing for The Wine Advocate) and James Suckling, as well as 99-points from Jeb Dunnuck and Antonio Galloni (Vinous).

The rest of the movers came from Burgundy’s 2018 vintage, with two wines from Domaine Armand Rousseau surpassing £30,000 per case.

What is the Liv-ex 100 index?

The Liv-ex Fine Wine 100 Index is the industry leading benchmark. It represents the price movement of 100 of the most sought-after fine wines on the world’s most active and liquid marketplace from France, Italy, USA, Australia and Spain. Stretching back over 20 years, the Liv-ex 100 is quoted on Bloomberg and Reuters screens.

All Liv-ex indices are calculated using our Mid Price; the mid-point between the highest live bid and lowest live offer on the market. These are the firm commitments to buy and sell at that price; transactional data rather than list prices. It represents the actual trading activity of 600 of the world’s leading fine wine merchants. Because Liv-ex doesn’t itself trade, this data is truly independent and reliable.

Not a member of Liv-ex? Request a demo to see the exchange and a member of our team will be in touch with you shortly.