- Domaine Leflaive’s Bâtard Montrachet 2014 was the best-performing wine of the year.
- White Burgundies saw substantial price increases.
- Although a mixed basket of wines saw declines in price, the majority were from the Rhône.
The best-performing wines of 2022
The Mid-Price is 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 does not itself trade, this data is truly independent and reliable. Prices given are for 12x75cl trades, or 6x75cl converted to a 12x75cl price.
The recently published report on the fine wine market in 2022 concluded with a look at the falling market sentiment towards Burgundy.
Nonetheless, despite signs of weakening, the Burgundy 150 has recorded another year of impressive gains, rising 27.4% year-to-date – the best of the Liv-ex Fine Wine 1000 sub-indices.
The reason is clear from the table above, with all 10 of the best-performing wines coming from Burgundy.
Of these, six are white wines, all coming from the stables of Domaine Leflaive and Domaine Bonneau du Martray. Domaine Leflaive’s Bâtard Montrachet 2014 was the best-performing wine of the year, up 122.2%.
As mentioned in the report, white Burgundy has seen increased demand in recent years, and with that has come rising prices. The white components of the Burgundy 150 have out-performed their red counterparts over the last three years (while remaining less expensive on average as well).
The worst-performing wines of 2022
There was one Burgundian wine among the year’s worst performers. Domaine de la Romanée-Conti’s Romanée-Conti 2018 declined 20.7%. Other wines from the vintage have performed much better this year, especially after an in-bottle review by Neal Martin for Vinous.
The 2008 and 2017 Barolos from Bartolo Mascarello also suffered a setback. However, most fallers came from the Rhône, with Vieux Telegraphe Châteauneuf-du-Pape 2013 falling the most (22.7%). Guigal Cote Rotie Landonne 2014 was also down 21.6%.
Interestingly, the Rhone 100 index has actually performed well this year, rising 7.0%. It has outperformed both the Bordeaux 500 and the Rest of the World 60.
But as examined in our latest Market Report, the region is renowned for its consistency and affordability, which lends a great deal of stability to its secondary market performance.
After several years of gains during the pandemic bull run, some of the region’s wines – especially from Châteauneuf-du-Pape – are more exposed and vulnerable to the growing negative market sentiment currently being felt.
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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.