Bordeaux first & fifth growths lead weekly trade

Stay up to date on the current trends of the wine investment market with our weekly summary.

August 21, 2023
Last week on the wine market

Weekly trade breakdown

Bordeaux trade had a bounce back last week, making up a 47.8% of all trades in terms of value, a big jump from just 32.2% the week previous. Not to mention that all five of the top traded wines were Bordeaux.

Bordeaux trade soaring meant that other regions felt the pinch. Champagne’s share dropped from 22.5% to 7.0%, and Tuscany also slipped from 11.8% to 5.0%. On the flip side, the Rhône region is having a real boost, going from 1.2% to a strong 6.4% share of trade, almost triple its trade share throughout July.

Top traded wines

Three first growths appeared in last weeks top traded rankings, Mouton Rothschild 2019, Margaux 2010, and Latour 2012.

However, it was fifth growth Pontet-Canet 2018, that took the top ranking by both trade value and volume.

Angelus 2016 experienced a number of under market value trades. The last traded price of £2,549 is a huge 22.63% below its market value (£3,126), yet again displaying that now is a great time to take advantage and start placing bids on your desired wines.

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