Skip to main content

Fine wine prices fall for second month

By December 2, 2022Bordeaux, Fine Wine Market, Indices, USA
  • The Liv-ex 100 dipped 0.4% in November.
  • It is the second month in a row the benchmark index has declined.
  • Brunello di Montalcino and Burgundy labels were the best-performing wines last month.

*made using theLiv-ex Charting Tool

The Liv-ex Fine Wine 100 declined 0.4% in November, closing at 420.51. It is the second month in a row that the benchmark index has dipped, after falling 0.5% in October.

After a slow summer, the fine wine index rebounded in September thanks to the weakness of Sterling. However, as the currency strengthened over the last two months, the index’s rally has been brought to a halt. The index is still up 7.1% year-to-date.

The Fine Wine 50, which tracks the performance of the Bordeaux First Growths, also declined in November, closing at 404.29 down 1.1%.

November’s top performers

Poggio di Sotto’s Brunello di Montalcino 2016 was the month’s best-performing label, rising 15.1% in value.

The remaining top performers were all 2018 Burgundies. The 2018 is the second most-traded Burgundian vintage so far this year.

All four wines were among the top-scoring wines of the vintage in a tasting report from Neal Martin published on Vinous last month.

The Domaine Armand Rousseau Chambertin and Domaine Trapet Chambertin were both scored 98-points by the critic. Domaine des Lambrays, Clos des Lambrays was scored 97-points and the Armand Rousseau Clos be Bèze was scored 96+.

What is the Liv-ex 100 index?     

The Liv-ex Fine Wine 100 Index is the industry leading benchmark. It represents the price movement of 100 of the most sought-after fine wines on the world’s most active and liquid marketplace from France, Italy, USA, Australia and Spain. Stretching back over 20 years, the Liv-ex 100 is quoted on Bloomberg and Reuters screens.    

All Liv-ex indices are calculated using our Mid Price; 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 doesn’t itself trade, this data is truly independent and reliable.    

Not a member of Liv-ex? Request a demo to see the exchange and a member of our team will be in touch with you shortly.    

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.