August 15, 2024
This week on the wine market
Monitoring the leading fine wine market indices has just become a lot easier. With the new advanced market charts on BordeauXchange you can track the market value, monthly return and total return, all on one chart.
The above chart shows the data for the Liv-ex 50 which tracks the 50 most traded investment wines on the secondary market. Th green line is tracking the markets value (currently 408.63) and its total return since 2017 (19.01%), the blue columns log the monthly return (-0.73% in October 2022).
In just a couple of clicks you can discover the underlying data behind all 9 of the major market indices, allowing you to spot which wines/regions you should be investing in.
Weekly trade breakdown
This week, Bordeaux continued to hold the majority of the market. Champagne and Burgundy both experienced declines, with Burgundy recovering its position as the second-most-traded regions, albeit Champagne remains a close third.
The demand for the Rhone, US, and Italian regions all increased this week. With strong demand for Chateauneuf-du-Pape from produces like Domaine du Pegau, the infamous Chateau Rayas, and Henri Bonneau, trade for Rhone jumped up to 5%, the largest increase of all regions.
Tuscany accounted for the majority of Italian trade, fueled by high volumes of trade for Tignanello 2013, Masseto 2014, and Sassicaia 2019.
Australia continues to hold the largest trade share of the ‘Others’, this week largely due to the new 2018 vintage of Penfolds Grange. Trade for all other regions shrank.
This week’s top traded wines
Daily Markets 04/11/2022
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