Talking Trade 9th January: Haut-Brion 1989 claims 1st place; US share of buying climbs to 30%
Bordeaux led the market this week, while Burgundy claimed the top spot over the festive period.
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- Bordeaux led the market this week, while Burgundy claimed the top spot over the festive period.
- Haut-Brion 1989, Unico 2015 and Petrus 2021 were the top-traded wines of the week by value.
- US buying has held steady at 30% over the past three weeks, though trade levels (as expected) have dipped overall.
Bordeaux led the market this week with a 29.8% share of traded value. The 2019 and 2021 vintages were the top-traded by value.
Burgundy followed with an 18.4% share, down on its strong performance over the Christmas period. Clos de Tart 2016 was the top-traded wine by value, coming in fifth place overall.
Champagne came in third place, claiming 12.2% of traded value. While the 2015 vintage was the top-traded by value, 2008s changed hands most frequently. Dom Perignon dominated, though Louis Roederer and Krug also took substantial shares.
The Rhone took a 4.7% share, up from December’s 3.4%. While Rayas has been leading the Rhone 100’s recent upward price movement, E. Guigal was the top-traded producer this week, accounting for a third of its trade.
Both Tuscany and Piedmont had strong weeks, though the former dominated with a 10.9% share of overall trade value, San Guido and Masseto claiming the top positions.
US wines performed relatively well, claiming a 6.4% market share. UK buyers led, taking over half of traded value.
Thanks to Vega Sicilia, making up 60% of trade, Spain’s share rose to 5.5%. Alongside trades of recent vintage Unico, Valbuena and Alion, a magnum of 1962 Unico – still within its drinking window — also changed hands.
