Recent trading activity
A mix of wines changed hands over the weekend, with several Champagnes in the spotlight. A single bottle of Krug Clos d’Ambonnay 2002 traded for £2,200 (1x75cl), while several of Dom Perignon’s P2 and P3 wines also found the bid (P3 1990, P2 Rosé 1995 and P2 2002)..
Buyers continue to seek value in broadening secondary market
Over the weekend and on Monday, 14.0% of trade came from countries other than France and Italy. New Zealand accounted for 2.5% of weekend trade by volume, with Kumeu River Maté’s Vineyard Chardonnay being one of the top traded wines (measured by LWIN7).
James Suckling awarded the 2020 vintage 100-points, noting that ‘the perfect wine has finally arrived’. This makes it the second New Zealand wine to receive a perfect score from the critic, with Central Otago’s Rippon Mature Vine Pinot Noir 2010 being the other.
Last year, 200 of the 2,014 wines traded came from regions other than Tuscany and Piedmont – principally Veneto and Abruzzo, which accounted for 49.7% and 34.2% of the remaining trade share in 2021, respectively.
Opportunities to trade wines from rest of the world
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 600 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.