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Bordeaux wins back its share of trade

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

  • Bordeaux and Champagne made the biggest gains this week, with both increasing their share of secondary market trade.
  • Château Lafite Rothschild 2010 was the week’s top traded wine by value.
  • Weekly insights included the publication of our latest Burgundy report, analysis on Ornellaia and the latest release from Vega Sicilia.

Regional trade this week 

Bordeaux’s trade share hit 47.9% this week, rising from 31.2%. Activity was driven by its 2010 and 2019 vintages. During the past four weeks, Bordeaux’s trade share had consistently stayed below 40%.

Champagne demand also picked up, with its share rising from 11.6% to 14.3%. One of the most traded wines this week, Ulysse Collin Les Pierrieres Blanc de Blancs Extra Brut Base 2016, came from the region.

The Rhône (3.8%), Piedmont (3.5%) and Tuscany (5.0%) also improved. Meanwhile, the USA dipped from 12.7% to 5.6% and trade for the ‘others’ remained the same. The latter was led by Australia (1.5%) and Spain (0.8%).

This week’s top traded 

Three Bordeaux First Growths, Château Lafite Rothschild 2010, Château Mouton Rothschild 2013 and Château Haut-Brion 2014 were among the most actively traded wines by value this week.

Opus One 2019 was also in demand and became the second most popular wine of the week. The wine last traded at £3,080 per 12×75, up 1.8% on its release price.

Weekly insights recap 

Today sees the publication of our latest extended report on Burgundy 2021’s vintage, which considers the region’s current secondary market and unpicks issues around price inflation.

This week, we also released a case study on how one Burgundian merchant expanded their audience and sold more wine with Liv-ex’s help.

Liv-ex members received further analysis on the most researched wines in Asia in 2022 and Jane Anson’s top-scoring Léoville Las Cases. We also looked at Ornellaia’s secondary market performance and its best value vintages.

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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.