August 15, 2024
This week on the wine market
Daily Markets 21/10/2022
The Rhone 100 index – which tracks the price performance of the 10 most recent vintages for five southern and five northern wines in the regions – has increased 29.2% over the past 24 months. Among the top European regions, the Rhone offers the lowest entry point into the fine wine market, despite price increases during the recent bull run for fine wine.
Based on the individual wines that make up this index, its average case price is 62.8% less expensive than the Bordeaux 500 and 95.6% less expensive than the wines in the Burgundy 150.
The wines driving the Rhone 100 this year are predominantly from E.Guigal, and Domaine Jean louis-Chave. You can discover which wines are driving all market indices with the new BordeauXchange Index Register.
Weekly trade breakdown
This week, trade in Champagne increased the most and made up 25.3% of total trade, making it the largest weekly share it has achieved this year. As you will see below, 3/5 of the top traded wines by value came from Champagne, with Louis Roederer Cristal 2014 taking the top spot yet again.
Trade for Burgundy on the other hand, was much more muted, accounting for just 15.4% of total trade. All other regions mainly kept their market share from last week.
This week’s top traded wines
Louis Roederer Cristal 2014
Last traded price | £2,870
Total week's trade | £107,039
1YR Price change | +12.50%
Pichon Baron 2010
Last traded price | £1,831
Total week's trade | £73,240
1YR Price change | +19.36%
Dom Perignon 2012
Last traded price | £2,032
Total week's trade | £58,377
1YR Price change | +36.55%
Jacques Selosse Millesime 2008
Last traded price | £39,480
Total week's trade | £55,860
1YR Price change | +127.63%
Pontet-Canet 2015
Last traded price | £917
Total week's trade | £44,965
1YR Price change | +5.60%
Louis Roederer Cristal 2014
The most traded wine this week was the 2014 vintage of Louis Roederer Cristal, which has had continuous demand throughout the year. Since it was first released in February 2022, the wine’s market value has increased by 12.50%
Although its current market value is £2,700 (12×75), today it recently reached a new trading high of £2,956. Room for more growth? Sure looks like it.
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