Fine wine continues to rise as year draws to a close

Fine wine prices continued to rise across all regions, as global markets tumbled on the back of a renewed Covid-19 scare and travel restrictions at the end of November.

The Liv-ex 100 index went up 2.7% in its eighteenth consecutive month of gains. The Liv-ex 1000 also increased by 2.4%. Its best performing sub-index was the Champagne 50 (+8.1%), while the Rhône 100 was the slowest riser – up 0.4%.

Trade for Burgundy (27.4%) almost caught up with Bordeaux (30.6%) in November. Champagne and the Rhône increased their shares of the total trade by value and took 9.9% and 5.8% of the market respectively.

Domaine de la Romanée-Conti, Romanée-Conti 2010, which last sold at an all-time high, was the most traded wine by value in November. Over 11,450 different wines have traded on Liv-ex year-to-date.