- Burgundy led the market, followed by Bordeaux, Champagne and Tuscany.
- Domaine Leroy Musigny 2009, Dom Perignon Rose 2009 and Domaine Bizot’s Echezeaux 2017 were the top-traded wines of the week by value.
- This week, Liv-ex members were sent two producer features, highlighting recent changes in their demand — Opus One and Jacques Selosse. Members were also sent a deep dive into the market share of Bordeaux and the First Growths over time. CEO James Miles recently spoke at the Drinks Business annual conference; a rundown of his key points on the digital transformation of the wine trade is available for all to read here.
Burgundy surpassed Bordeaux as the top-traded region of the week by value, claiming 35.5% of the market. High value wines took the lead, with Domaine Leroy, Domaine Jacques-Frederic Mugnier and Domaine de la Romanee-Conti accounting for half of the region’s traded value.
Bordeaux took 29.1% of traded value. While Le Pin 2010 was the region’s top-traded individual wine by value, Haut-Brion was the top-traded producer, with Clarence and the Blanc trading alongside the Grand Vin.
Champagne’s share of trade fell from 16.6% last week to 12.4% this week. Higher value producers (such as Selosse and Salon) took a backseat, while Dom Perignon accounted for 48% of the region’s trade.
Tuscany had a quiet week, its share of trade falling to 7.7%, below its September share of 12.8%. Piedmont, however, maintained relative strength, thanks largely to the first set of trades of Giacomo Conterno’s Monfortino Riserva 2019.
The USA’s share of trade fell from a strong 10.4% last week to 4.3% this week. Promontory and Harlan Estate were the top-traded wines by value, together accounting for 40% of the US market. Unlike last week, where demand was led by US buyers, UK and EU buyers were the key players.
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Independent data, direct from the market.
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 620+ merchant members from across the globe. Together they represent the largest pool of liquidity in the world – currently £140m of bids and offers across 20,000 wines.
