- Bordeaux led the market, followed by Champagne, Burgundy, Tuscany and Piedmont.
- Giacomo Conterno, Barolo Monfortino Riserva 2019, Sassicaia 2022, Valdicava, Brunello di Montalcino 2019 and Chateau Mouton Rothschild 2020 were the top-traded wines by value.
- This week Liv-ex members were sent a deep dive into the market share and preferences of UK buyers over time, and a look at Screaming Eagle – how much is on the market? Where does stock lie? Who’s buying?
Bordeaux led the market with a 32.1% share of traded value. Chateau Lafite Rothschild and Chateau Mouton Rothschild were the top wines by trade value, both accounting for c.9% of traded value. This week saw the 2021 vintage slip down the ranks, buyers favouring highly regarded recent vintages – 2020, 2019, 2016, 2010 and 2022 in the top positions.
Champagne took 17.3% of trade value, surpassing Burgundy to claim third place. Though Pol Roger 2015 was the top-traded individual wine by value, Jacques Selosse was the top-traded producer, accounting for 20.3% of traded value. Buyers hailed from Denmark, France, Singapore and the UK.
Burgundy’s share of the market fell from 16.4% last week to 14.7% this week. UK buyers drove trade, accounting for over half of the region’s traded value.
Italy had a very strong week, with Tuscany and Piedmont claiming 13.4% and 9.9% of traded value respectively. Giacomo Conterno and Tenuta San Guido were the country’s top-traded producers, though Masseto, Valdicava and Antinori followed not far behind.
The US’s share of trade fell from 6.1% last week to 4.2% this week. Hundred Acre was the top-traded producer, displacing Opus One and Screaming Eagle.
Breakdown of buyer geography
European buyers led the market, accounting for 46.2% of traded value.
US buyers maintained their share of buying close to 20%, while Asian buying fell slightly.
What were the week’s top-traded wines?
Giacomo Conterno’s Barolo Monfortino Riserva 2019 was the top-traded wine of the week by value, marking its third week amongst the top five. Its trade prices have ticked up slightly to £6,300 per 12×75 from last week’s trades at £6,100.
Giacomo Conterno, Barolo Monfortino Riserva 2019
Chateau Mouton Rothschild 2020 was the fourth top-traded wine of the week by value. Earlier this year, its trade prices fell to a low of £3,612, but have now risen back to 2024 levels – c. £4,050 per 12×75.
Liv-ex trades of Chateau Mouton Rothschild 2020
Top-traded wines by volume
Pol Roger 2015 featured amongst the top-traded wines by volume. Trade has now picked back up following a pause over the summer months, prices firmly consolidating around the £1,350 mark, and its Market Price aligning more closely.
Liv-ex trades of Pol Roger 2015
Weekly intelligence recap
This week Liv-ex members were sent a deep dive into the market share and preferences of UK buyers over time, and a look at Screaming Eagle – how much is on the market? Where does stock lie? Who’s buying?
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.
