- Bordeaux’s weekly trade share by value has remained under 30% since mid-December 2021.
- Pétrus 2014 was the most traded wine by value this week.
- Louis Roederer Cristal 2008 has enjoyed consistent level of demand in the new year.
Weekly regional trade share
Despite a small improvement on last week, Bordeaux’s share of trade remained below 30.0%. So far in 2022, Burgundy has overtaken it as the most traded region by value, taking 28.8% of the market against Bordeaux’s 25.7% – a theme explored in our annual Burgundy report, which will be published exclusively for Liv-ex members on Monday.
The third most traded region this week was the USA (13.5%). Champagne trade also picked up (10.6%), led by Louis Roederer’s Cristal, Dom Perignon and Jacques Selosse Millesime.
Meanwhile, Australia (2.5%) dominated trade for the ‘others’ category (4.9%). Yesterday we examined the country’s activity on the secondary market, which has slowed down as a result of Chinese tariffs. However, leading labels Penfolds Grange and Henschke’s Hill of Grace continue to trade actively.
This week’s most traded by value
Pétrus 2014 was the most active wine by value this week, having last traded 20.1% below its Market Price.
The second-most traded wine, Harlan Estate 2017, also traded 11.7% below its market value.
Louis Roederer Cristal 2008 has continued to enjoy increased demand in the new year, with magnums trading at a premium. So far in 2022, Cristal 2008 is the most traded Champagne by value, and the second-most traded by volume.
Louis Roederer Cristal 2008 trades on Liv-ex
