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Christmas buying spurs Champagne trade

By September 13, 2022Bronze, Champagne, Market Update

Recent trading activity 

The classic trio of Bordeaux, Burgundy and Champagne dominated weekend trade. Activity around Burgundy was largely focused on less expensive wines such as Domaine de Montille Vosne-Romanée Premier Cru Aux Malconsorts 2010 and Domaine Michel Gros Vosne-Romanée Premier Cru Clos des Reas 2017. 

Bordeaux trade remained centred around ‘on’ vintages such as Château Lafite Rothschild 2009, Château d’Yquem 2018, Château Cheval Blanc 2008 and Château Haut-Brion’s Le Clarence de Haut-Brion 2010. 

Champagne trade overtakes Bordeaux 

*Cristal 2014 trades

The real star of weekend trade was Champagne, which accounted for 29.2% of total trade – above Bordeaux (22.1%).  

The top-traded wines were labels that have appeared at the forefront of trade throughout the year; Taittinger Comtes de Champagne 2011, Louis Roederer Cristal 2014 and Dom Pérignon 2012. 

Not only have these wines been among the top-traded labels in the secondary market throughout 2022, but new releases are due later this year and merchants are beginning to stock up for Christmas. 

All three wines are the latest release from each house. The Dom Pérignon has been out for the longest period of time but all three have shown impressive returns. 

The Dom Pérignon has risen in value 46.5% since its release over a year ago and has risen 8.8% year-to-date. The Comtes de Champagne has risen 10.2% year-to-date and the Cristal is up 23.7%.  

The Champagne 50 has been the second best-performing sub-index of the Liv-ex Fine Wine 1000 this year, up 18.3%. 

The market for Champagne, its leading vintages, brands and emerging trends within the category will be examined in the Liv-ex next extended report due later this month.  

Opportunities to buy Champagne 

There are currently over 1,000 LIVE offers for Champagne on the exchange. 

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 £80m of bids and offers across 16,000 wines. Independent data, direct from the market.