This week in wine: UK buyers up purchasing by 50% week-on-week
UK buyers upped their purchasing by 50% compared to last week. They focused largely on high value Burgundy, alongside mature Bordeaux
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- Bordeaux’s share of the market fell, though the region maintained its lead.
- DRC, Romanee-Conti 2012, Dom Perignon 2002 and Tignanello 2023 were the top-traded wines by value.
- UK buyers upped their purchasing by 50% compared to last week.
Bordeaux’s share of traded value fell from 38.4% last week to 26.7% this week, though the region maintained its lead of the market. Mouton, Petrus and Lafite were the top-traded wines, each claiming 10-15% of Bordeaux’s trade.
Burgundy followed in second place with a 23.5% share. Domaine de la Romanee-Conti led, with Romanee-Conti and La Tache the top-traded wines by value.
Following a weak close last week, Champagne claimed a 13.2% share of traded value. 2002s traded actively, accounting for a third of the region’s traded value.
Tuscany’s share rose from 8.7% last week to 12.3% this week, Brunello di Montalcino maintaining its lead amongst sub-regions thanks to Conti Costanti, Fuligni, Valdicava and others. Tignanello and Sassicaia, however, were Tuscany’s top-traded wines overall.
The US’s share fell from 11.4% last week to 6.0% this week. Screaming Eagle and Scarecrow were the region’s top-traded producers, together accounting for half of California’s traded value.
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