Bordeaux dominates with Petrus top-traded overall
Bordeaux led the market, claiming 42% of traded value and comprising four of the week’s top five wines.
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- Bordeaux led the market, claiming 42% of traded value and comprising four of the week’s top five wines.
- Dom Perignon Rose 2009 was the top-traded wine by value, while Giscours 2022 (Wine Spectator’s new ‘Wine of the Year’) was the top-traded by volume.
Bordeaux retained its higher share of the market, taking 41.5% of traded value. The 2022s led the charge, with Giscours in the top position. Petrus saw substantial trade across vintages, coming in as the top-traded wine overall. While buyers hailed from the UK, Asia and Europe, the former two regions accounted for the bulk of purchasing. Burgundy’s share of trade fell from 17.7% last week to 13.8% this week.
Domaine de la Romanee-Conti was the top traded producer, accounting for almost a third of the region’s traded value. Though Dom Perignon Rose 2009 was the top-traded wine of the week by value, Champagne’s share of trade remained well below its October average (11.9% vs. 14.6%). Still, this marks an improvement on last week’s 10.8% share. Alongside Dom Perignon, Louis Roederer and Jacques Selosse also took substantial (10%+) shares of the region’s trade.
The Rhone’s standing continued to improve, up from 2.3% last week to 3.3% this week. Rayas accounted for 40% of traded value, with demand driven by UK buyers.
Tuscany again fell short of its October share of 11.8%, accounting for 9.6% of traded value this week. San Guido and Masseto remained strong, each taking just under a quarter of the region’s trade.
Piedmont took 5.1% of trade, down from a strong close at 8.9% last week. While Giacomo Conterno’s Monfortino Riserva 2019 fell out of the overall top five, it remained by far the region’s top traded wine by value. By volume, Produttori del Barbaresco’s 2021 Barbaresco came in first place. The US’s share of trade rose from 5.3% last week to 7.7% this week. Promontory and Harlan Estate led the charge, together accounting for 40% of Californian trade.
Breakdown of buyer geography
