- Burgundy, Champagne, Tuscany, Piedmont and the USA increased their weekly share of trade.
- Louis Roederer Cristal 2013 was this week’s top traded wine.
- Weekly insights included ongoing coverage of the autumn La Place campaign and analysis of the best performing Bordeaux 2005 wines.
Regional trade this week
Champagne made the biggest gains this week, as its market share rose from 11.1% to 20.6%. Three of the top five most traded wines came from the region and the 2013 and 2008 vintages were the most in-demand. Stay tuned, next week we will publish our in-depth report on the region’s secondary market success exclusively to Liv-ex members.
Italy also enjoyed a surge in demand, with Tuscany and Piedmont taking 8.5% and 6.8% of the market respectively. The 2020 vintage of Tuscan estates Siepi, Petrolo Galatrona and Bibi Graetz Testamatta and Colore were released this week.
Meanwhile, Burgundy’s trade share increased to 26.1%, driven by its 2017 and 2019 vintages. The USA rose from 3.2% to 5.7%, with Screaming Eagle, Kistler and Promontory leading trade.
After accounting for almost half of the market last week, Bordeaux dipped back to 26.9%. The First Growths took 33.0% of the region’s trade, and the 2019 and 2018 vintages were its most active.
This week’s top traded
Louis Roederer Cristal 2013 led the market this week. The wine’s last trade price represented a 67.0% increase on release.
Louis Roederer Cristal 2013 trades on Liv-ex
Also from Champagne, Taittinger, Comtes de Champagne Blanc de Blancs 2011 was the week’s third top-traded wine, having last changed hands up 10.2% on its release price. More impressive was the performance of the 100-point (Jane Anson) Dom Pérignon 2008, which last traded at an 88.7% premium on its original release.
Ex-cellar stock of Château Latour 2010, as well as the latest vintages from Argentinian Nicolás Catena Zapata and Napa Valley’s Joseph Phelps Insignia were released onto the market this week. Our ongoing coverage of this autumn’s La Place campaign can be found here.
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.
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