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Bordeaux continues to lead trade ahead of Christmas   

Each Friday, we analyse activity on the fine wine market in our weekly ‘Talking Trade’ post. Highlights this week included:   

  • Bordeaux has an impressive December, accounting for nearly half of all trade this week.
  • Petrus 2005 was the top traded wine, followed by Coche-Dury Meursault 2020.
  • Weekly insights included two releases form the 2021 vintage and in-depth Bordeaux analysis.

Regional trade share

Bordeaux took the lion’s share of trade this week, accounting for 48.8% of the total. The region has had a successful December, gradually increasing its share each week. It is currently well above its November average of 30.8%.

The region’s success has come at the expense of both Champagne and Burgundy. Both regions saw their trade share fall this week, and both are down on their November averages.

For more information on Burgundy and Champagne, our recent report on the fine wine market in 2022 looks at these two regions in more depth and asks if their relentless price rises can continue.

Piedmont also saw an increase this week. It accounted for 5.2% of trade, up on its November average (1.9%).

The week’s top traded wines

This week’s top traded wines were dominated by some high-value wines from Bordeaux and Burgundy.

Two wines from Bordeaux’s Right Bank found themselves in the top five this week. Petrus 2005’s last trade price of £41,570 per 12×75 (packed as 6×75) represents a 130.9% increase on its release.

From Burgundy, Coche-Dury Meursault 2020 and Domaine de la Romanee-Conti Grand Cru 2016 were also in the spotlight.

Petrus 2005 trades on Liv-ex

Weekly insights recap

This week’s insights included analysis on Figeac’s performance over the past year and the wines driving Sauternes’ price performance.

In light of Lynch Bages 2014 being named Jane Anson’s wine of the year, we also looked at the performance of the Fifth Growth year-to-date.

We also assessed the recent Domaine Leflaive 2021 and Clos des Papes 2021 releases, and published a piece on the most traded wines in 2022.

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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.      

Independent data, direct from the market.