California and Champagne in the spotlight, US buyers dominate the market

Liv-ex members can access the full article, including an in-depth analysis of the week's top-traded wines by value and volume, here. Below is an excerpt.?

Bordeaux’s share of traded value fell to 26.1% over the festive period (December 20th - January 2nd), down from its strong close the previous week at 38.1%. Still, the region led the market overall, with Chateau Lafite Rothschild 2021 featuring amongst the week’s top-traded wines by value.??

Burgundy came in second place with a 21.0% share, just shy of its December average. Domaine de la Romanée-Conti accounted for almost a quarter of the region’s trade. Alongside individual cuvees, several 2020 assortment cases changed hands.??

Champagne had a strong two weeks, taking an 18.2% share of the market. Louis Roederer led the charge, followed by Dom Pérignon and Bollinger. Across all wines, the 2015 and 2013 vintages were the top-traded by value.?

The USA had its strongest two weeks in recent memory, overtaking Tuscany with a 12.7% share of traded value. Opus One was by far the region’s top-traded wine, with the 2021 vintage coming in as the top-traded wine overall. US buyers accounted for 60.7% of the region’s trade.?

Tuscany took a 9.1% share of traded value. While Super Tuscans generally take centre stage, high volume trades of less expensive wines accounted for a greater share of the region’s trade over the past two weeks. Altesino was Tuscany’s top-traded producer, with three entries into the top five wines by traded volume overall.??

Liv-ex analysis?is drawn from the world’s most comprehensive database of?fine wine prices. The data reflects the real-time activity of Liv-ex’s 620+ merchant members from across the globe. Together they represent the largest pool of liquidity in the world?–?currently?￡140m of bids and offers across 20,000 wines.??

Independent data, direct from the market.?