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wine market blog July 2019

 

Blog

July 2019

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The most wanted wines this year – based on visits to individual wine pages (IWPs) from January to July – differ depending on Liv-ex members’ location.
 

On a brand level, Lafite Rothschild is the most popular wine among merchants in the UK, Europe and Asia. The latter has historically led demand for the label. Another First Growth is the most viewed wine by US merchants – Margaux, which has moved up since last year’s rankings and taken the top spot from Pontet Canet. To read the full article, click here

 

The steady rise of the second wines


The price gap between the First Growths and their second wines has continued to shrink. If twelve years ago one could buy 5.6 bottles of second wines for every bottle of the Grand Vin on average, this has now halved to 2.8. Find out more here.

Regional share - the broadening of the market


Last week, we also examined the current shape of the fine wine market and its development so far this year. Notably, Burgundy’s trade has been rising in the context of its declining market, while Champagne has seen the most volatile activity, disguised under the surface of a flat average yearly share. Click here to find out more.

Louis Roederer Cristal 2008 most active


Louis Roederer, Cristal 2008 led trade by value last week – it is also one of the most viewed wines by European merchants this year. The wine last traded at £1,720 per 12x75. 

Liv-ex in the news


Last week, Wine Searcher used Liv-ex's pricing data in an article on the hidden value of Bordeaux 2011, while a number of Chinese publications, including Wine Research and China News, covered the top ten traded wines on Liv-ex in 2019.   

Interested in using Liv-ex data for your article? Get in touch today!

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