• The Liv-ex Fine Wine 50 index has risen 0.2% this week.
  • Bordeaux, Champagne, Tuscany, USA and the ‘others’ increased their weekly share of trade.
  • Salon, Le Mesnil-sur-Oger Oenotheque Assortment Case led weekly trade by value.

Current market conditions

In a volatile week for global markets, prices for the most liquid wines, the Bordeaux First Growths, continued to rise. The Liv-ex Fine Wine 50 index rose 0.2% this week. Year-to-date it is up 1.6%.

*made with the Liv-ex Charting tool.

Meanwhile, the bid:offer ratio is currently at 1.72, indicating positive market sentiment and relative price stability in the fine wine market.

Regional trade share

Bordeaux’s trade share climbed slightly this week (from 34.3% to 35.4%), led by its 2018 and 2010 vintages.

The ‘others’ also made small gains, thanks to trade of wines from Australia (0.6%), Argentina (0.5%) and Spain (0.4%).

Champagne saw the biggest uptick in activity, and its share rose from 11.1% to 16.3%. The region has been increasingly attracting collectors due to global distribution for its wines, strong brands and low volatility. Moreover, the Champagne 50 was the best-performing index in 2021, and is trailing just behind the Burgundy 150 so far this year.

This week’s most traded

Champagne also dominated this week’s most traded wines, taking three out of the five top spots.

Demand for big bottle formats of Salon’s Le Mesnil-sur-Oger Grand Cru Oenotheque Assortment Case continued this week. Dom Perignon 2012 took the second spot, having last traded 32.6% above its release price.

Taittinger, Comtes de Champagne Blanc de Blancs 2011 also traded at 6.2% premium on release.

From Bordeaux, Château Pavie 2012 changed hands at £2,450, up 22.5% on its release price.