Author: Grace Geldard
Talking Trade 30th of January: Asian buying picking up; US holding strong
Bordeaux pulled further into the lead, claiming 37.5% of traded value. The 2022 vintage was the top-traded by both value and volume
The latest Talking Trade is now live!
- Bordeaux pulled further into the lead of the market, claiming 37.5% of traded value. Burgundy and the US followed in second and third place.
- Domaine de la Romanee-Conti, Romanee-Conti 2022, Cos d’Estournel 2005 and Screaming Eagle 2023 were the top traded wines by value.
- Asian buying picked up this week, accounting for 18.5% of traded value.
Bordeaux pulled further into the lead, claiming 37.5% of traded value. The 2022 vintage was the top-traded by both value and volume, with Second and Fifth Growths trading more actively than Firsts.
Burgundy came in second with 23.3%, down from a strong close last week at 27.3%. Domaine de la Romanee-Conti, Georges Roumier and Armand Rousseau were the region’s top-traded producers.
The US held strong in third place with Screaming Eagle – both the not-yet-physical 2023 and back vintages – pulling its weight. Dominus and Sine Qua Non also took significant shares of the region’s trade.
Champagne’s share fell slightly to 9.6%. The recently released Dom Perignon P2 2008 held its position as the region’s top traded wine, though it fell short of the overall top five. It is trading consistently around £3,500 per 12×75, double the price of the regular 2008.
Tuscany and Piedmont remained consistent, but relatively subdued, together accounting for 10.4% of traded value. Tignanello pulled ahead of Sassicaia as the country’s top traded wine.
The Rhone’s share of trade rose from 1.5% to 2.5% this week, thanks largely to US buyers, who accounted for over 60% of the region’s trade.
Copyright © 2026 Liv-ex Ltd. All rights reserved.
Author: Grace Geldard
Liv-ex Integrates Jancis Robinson Critic Scores via New API
The JancisRobinson.com API enables Liv‑ex members to automatically pull critics’ scores, tasting notes, reviewer names, review dates, and drinking windows for more than 195,000 wines…
Critics’ scores are an essential part of day‑to‑day decision making for fine wine businesses. Whether assessing buying opportunities, valuing inventory, or helping clients understand drinking windows, accurate and up‑to‑date data is crucial.
Yet for many merchants, keeping critic scores and tasting notes current across internal systems and websites remains a manual, time‑consuming task. Copying information from multiple sites creates delays and introduces errors, especially when managing hundreds or thousands of wines.
Liv‑ex’s new JancisRobinson.com API removes that friction entirely.
What the API Does
The JancisRobinson.com API enables Liv‑ex members to automatically pull critics’ scores, tasting notes, reviewer names, review dates, and drinking windows for more than 195,000 wines directly into their internal systems.
This empowers businesses to:
- Display relevant JancisRobinson.com scores alongside wines on their website
- Enhance buying decisions with richer critic and review data
- Analyse drinking windows to support cellar planning and inventory management
- Keep information accurate, consistent, and always up to date — without manual input
The integration is designed to streamline how wine businesses access and manage critic data, reducing workload while improving data quality.
How It Works
The API uses LWIN matching, the universal wine identification number, to seamlessly match each review to the correct wine in your database.
LWIN assigns a unique code to wines, similar to ISBN used in books, to codify wine naming across systems and databases. LWIN eliminates ambiguity in wine naming, ensuring consistent matching even when abbreviations or local naming conventions vary.
With JancisRobinson.com data connected to Liv‑ex’s market data in a single environment, members can assess quality, value, demand, pricing, and drinking potential more confidently, all in one place.
Part of the Liv-ex Automation Suite
This launch expands the set of critic integrations already available to Liv‑ex members, including Vinous, Jane Anson and The Wine Independent.
It also forms part of an increasingly powerful suite of automation tools designed to help wine businesses modernise operations, reduce manual work, and scale more efficiently.
Beyond critic data, members can automate:
- Trading
- Display live Liv‑ex offers on your e‑commerce site without holding stock
- Automatically list your own wines on the Exchange
- Increase visibility, boost sales, and trade around the clock
- Pricing data
- Bring global pricing data directly into your systems
- Access market value, recent trades, and regional price comparisons
- Make faster, more informed pricing and purchasing decisions
- Product data
- Enrich your website and internal records with standardised, accurate product information
- Keep your catalogues consistent and clean, without manual updates
Ready to Reduce Manual Work?
Learn more about our automation offering, and how it can streamline your business, or fill out the form below to speak with our Business Development team.
Author: Grace Geldard
Talking Trade 23rd of January: California claims 14% of trade, led by Screaming Eagle
The US had its strongest week in recent memory, accounting for 14.1% of trade. While Screaming Eagle led, Harlan, Opus One and Montelena all saw significant demand.
The latest Talking Trade is now live!
- Bordeaux took back its lead of the market, led by 2021 Bordeaux. Burgundy and the US followed in second and third place.
- Screaming Eagle 2023, Figeac 2021 and Domaine de la Romanee-Conti, Echezeaux 2022 were the top-traded wines of the week by value.
- Despite ongoing tariff threats, US buying remained consistent at 20%.
Bordeaux led the market with a 31.2% share of traded value. The 2021s, now generally trading well below their ex-chateau release prices, took centre stage. The 2016s and 2019s followed.
Following a strong close last week, Burgundy fell back into second place behind Bordeaux with a 27.2% share of the market. Domaine de la Romanee-Conti was the top-traded producer by far, accounting for over 10% of trade overall. Echezeaux and assortment cases changed hands most frequently.
The US had its strongest week in recent memory, accounting for 14.1% of trade. While Screaming Eagle led, Harlan, Opus One and Montelena all saw significant demand. Though US buyers took a larger share of purchased value, Asian buyers bought more frequently than any other region.
Champagne followed in third with a 10.1% share. While the Grand Marques generally claim most of the region’s trade, Jacques Selosse came out on top this week with Millesime 2013 and Initial NV leading the producer to a 23% share.
Tuscany reclaimed some of its ground after a weak close last week. San Guido was by far the top-traded producer, the 2020 and 2022 vintages of Sassicaia in the top positions by value.
Copyright © 2026 Liv-ex Ltd. All rights reserved.
Author: Grace Geldard
The Fine Wine Market in 2025
Hear from Tom Burchfield, Head of Market Intelligence, and Alex Chisholm, Data Analyst, as they share their perspectives on what’s to come in fine wine…
Hear from Tom Burchfield, Head of Market Intelligence, and Alex Chisholm, Data Analyst, as they share their perspectives in this short video – exploring why there is cause for optimism in 2026.
For the complete picture, dive into the full report to understand the story behind the numbers and uncover actionable insights for the year ahead.
Liv-ex members received this report last year. Now you can download your exclusive copy of the Liv-ex Year In Review Report.
Download the Full Report
Author: Grace Geldard
Inspired Money x Liv-ex Podcast: Exploring the Liv-ex Power 100 Report
In a recent episode of Inspired Money, Sophia Gilmour and Robbie Stevens joined host Andy Wang to delve into the new Liv-ex Power 100 Report
Exploring the Liv-ex Power 100 Report on Inspired Money
In a recent episode of Inspired Money, Market Analyst Sophia Gilmour and Head of Broking Robbie Stevens joined host Andy Wang to delve into the new Liv-ex Power 100 Report, which ranks the most influential fine wine brands in the secondary market.
Our experts shared key insights on market trends, standout brands, and the factors shaping today’s fine wine market landscape.
Listen to the full discussion here:
Author: Grace Geldard
Knight Frank x Liv-ex Podcast: What’s driving the uptick in the global fine wine market?
In a recent episode on Knight Frank podcast, Liv-ex Head of Market Intelligence, Tom Burchfield joins Liam Bailey.
In a recent episode of the Knight Frank podcast, Liv-ex Head of Market Intelligence, Tom Burchfield, joined Liam Bailey.
They unpack a challenging three-year period for the Liv-ex 100, why Tuscany has shown resilience, and what the recent rebound could mean for the end of the downturn.
Listen here:
Author: Grace Geldard
What’s Really Happening In The Fine Wine Market In Q1?
Our Market Intelligence team, led by Tom Burchfield, Head of Market Intelligence, and Sophia Gilmour, Market Analyst, offers an insider’s look at what’s ahead this…
Our Market Intelligence team, led by Tom Burchfield, Head of Market Intelligence, and Sophia Gilmour, Market Analyst, offers an insider’s look at what’s ahead this quarter.
They explore:
- What they are looking forward to this quarter in the market
- The exclusive insights and reports Liv-ex members can expect
This is your first glimpse of the intelligence driving smarter decisions across the market, helping our members stay ahead and make informed choices every step of the way.
Author: Grace Geldard
Talking Trade 16th of January: Burgundy leads the market as UK trade hosts 2024 vintage tastings
Burgundy claimed 37.1% of traded value. Bordeaux followed in second place with 30.1%.
The latest Talking Trade is now live!
- Burgundy claimed 37.1% of traded value. Bordeaux followed in second place with 30.1%.
- For the second week running, Haut Brion 1989 was the top-traded wine of the week by value. Roulot’s 2023 Meursault and DRC, La Tache 2022 came in second and third.
- UK buyers pulled ahead, claiming 43% of traded value.
With tastings of the 2024 vintage taking place in London this week, Burgundy led the market, accounting for 37.1% of traded value, over 70% of which was purchased by UK buyers. The 2022s were the top-traded by value, though the 2023s traded most frequently.
Bordeaux followed in second place. With the 1989 vintage again in the top spot, Haut-Brion was the region’s top-traded wine overall. Petrus followed, a single bottle of the 1966 changing hands alongside several recent vintages.
Champagne’s share fell from 12.2% to 8.9%. Higher value, rarer wines led the region, with Salon and Dom Perignon P2 amongst the top traded wines by value.
The Rhone had a decent week, holding a 5.1% share. Jean Louis Chave was the region’s top-traded producer by value, with the Hermitage Rouge and Blanc and Ermitage Cathelin all trading.
Italy pulled back this week, both Tuscany and Piedmont seeing their shares decline. Giacomo Conterno and Biondi-Santi were the region’s top traded producers, rising ahead of the Super Tuscans who typically claim the top spots.
Copyright © 2025 Liv-ex Ltd. All rights reserved.
Author: Grace Geldard
Using the Liv-ex Bid:Offer Ratio to Predict Market Movements
Across a decade of Liv‑ex data, the Bid:Offer Ratio has consistently acted as a leading indicator, often signalling market shifts 2–5 months in advance.
In every market downturn there’s always the question of when the market will turn, when have we truly hit the bottom? In fine wine, where information is fragmented and outcomes are shaped by a mix of sentiment, scarcity, critics scores, and macro‑economics, the answer is rarely obvious at first glance. Yet over the past decade, one indicator has consistently signalled change earlier than most. The Liv‑ex Bid:Offer Ratio.
Across a decade of Liv‑ex data, the Bid:Offer Ratio has consistently acted as a leading indicator, often signalling market shifts 2–5 months in advance. For anyone buying or selling wine, from merchants, to traders, or investment advisors, this metric can help reveal where demand is building, where supply is thinning, and where prices may be heading next.
What is the Bid:Offer Ratio?
While it sounds technical, the concept is simple. Bid:Offer ratio reflects the balance between buying interest and selling pressure across the thousands of wines listed on the Liv‑ex exchange. The data is driven directly from real trading behaviour, not surveys, not opinions, but genuine bids and offers, it captures market sentiment in its purest form. When buyers are willing to place strong bids, confidence tends to be building. When offers dominate, caution is usually taking hold. Over time, this balance reveals patterns that precede price movements by months.
Rising ratios have historically preceded periods of stability or gentle recovery, while declining ratios have warned of softening markets well before prices began to fall. In a category where transparency has traditionally been limited, this kind of early signal can be invaluable.
How reliable is Bid:Offer Ratio at predicting market movement?
Its strength is most visible in the broader indices, where long‑term analysis shows a striking relationship between today’s supply‑demand balance and the direction prices take several months down the line. Of course, no single variable can ever tell the full story; fine wine is influenced by everything from vintage quality to global wealth trends, and as 2025 showed us, political turbulence as well. We can look to a real-world example to highlight the application of Bid:Offer ratio…
Ahead of the 2022 peak, Bid:Offer Ratios fell sharply, indicating a weakening demand base months before the market started on a downward trend. More recently, in 2025, the ratios began rising from historic lows in mid‑summer. Only later did indices such as the Liv‑ex 100 start to show signs of recovery. Once again, the signal moved before the market.
This ratio offers a glimpse into the kind of visibility that Liv-ex members have available to them every day. It demonstrates how real‑time marketplace data; bids, offers, volumes, liquidity, can be transformed into insight that supports better decision‑making. Making it possible to de-risk existing positions, decide whether it’s the right time to take on new stock if the market shows signs of softening, or conversely maximise opportunity by moving before prices rise.
As the fine wine market continues to evolve, data‑driven understanding is becoming a differentiator. The Bid:Offer Ratio is not just a metric; it is a reflection of market intent. It highlights where confidence is building, where caution remains, and where the next pockets of recovery may emerge. Tools like this help separate opinion from insight, empowering businesses to remain ahead of the curve.
Be the first to know when the fine wine market shifts with the Liv‑ex Bid:Offer Ratio by becoming a Liv-ex member.
Copyright © 2025 Liv-ex Ltd. All rights reserved