Fine Wine investment performance and top wines for growth Q1 2021

Fine wine investments have continued growing at a pace in the first quarter of 2021. Liv-ex reports increasing volume and value traded on the exchange with March recording the broadest month of trade with transactions in 1,250 distinct wines. Of these 130 are newcomers to the secondary market and we look at the top performers in the last year.

Looking at regional trend we can see where performance of fine wine portfolios maybe optimised through diversification, adding regional strength to benefit from strong demand and returns. Liv-ex has updated its regional indices performance comparison providing insight to average returns for wines comprising the key benchmarks for Bordeaux, Burgundy, Champagne, Italy, Rhone and the catch-all RoW covering Napa, Spain, Australia and a few others over differing periods of time.

Liv-ex key & regional indices performance:

Liv-ex index 6 months 12 months 2 years 5 years
Liv-ex 100 5% 7% 4% 32%
Liv-ex 1000 4% 5% 1% 45%
Bordeaux 500 3% 6% 2% 33%
Bordeaux Legends 40 4% 6% -1% 37%
Burgundy 150 5% 5% -3% 87%
Champagne 50 6% 11% 13% 58%
Italy 100 5% 7% 12% 45%
Rhone 100 6% 8% 6% 30%
Rest of the World 60 1% 1% -2% 31%

Source: Liv-ex.com 30th March 2021

Bordeaux still remains the engine room of the secondary market in terms of the volume and value of wines traded. The correlation between the Liv-ex 100 (the 100 most active wines on the exchange) performance and the Bordeaux 500 and Bordeaux Legends illustrates this across all periods. The data also shows the strong regional performance of Champagne and Italy during 2019 and 2020 and the strength in Burgundy over the longer term.

The two-year measure takes into account the impact of the US Tariffs and particularly the negative impact on Burgundy and Bordeaux specifically. The shorter-term view reflects the robustness of the market during the pandemic and we are now seeing extra impetus with the suspension of the US tariffs at the start of March 2021. The most traded labels on Liv-ex in the last year are recorded below.

Top ten most traded fine wine brands on Liv-ex in 12 months:

Rank Wine Region
1 Lafite Rothschild Bordeaux – Pauillac
2 Petrus Bordeaux – Pomerol
3 Mouton Rothschild Bordeaux – Pauillac
4 Screaming Eagle USA – Napa
5 Latour Bordeaux – Pauillac
6 Pontet-Canet Bordeaux – Pauillac
7 Haut Brion Bordeaux – Pessac-Leognan
8 Sassicaia Italy – Super Tuscan
9 Giacomo Conterno Barolo Monfortino Riserva Italy – Piedmont
10 Taittinger, Comtes de Champagne, Blanc de Blancs Champagne

Source: Liv-ex.com 30 March 2021

In terms of the specific top performing wines by price growth in the 12 months to the end of February 2021, Liv-ex data records Burgundy’s Domaine Georges Roumier, Bonnes Mares Grand Cru 2012 as the top performer  seeing a growth of 74.5% in price in the year – obviously not in line with the much more modest Burgundy regional trend indicator of 5% growth in the year to March 2021.

Liv-ex 1000 Top Performing Investment Wines in 12 months:

Wine Vintage Region £ Feb. 2020 £ Feb 2021 Growth
Domaine Georges Roumier, Bonnes Mares Grand Cru 2012 Burgundy 10,200 17,800 74.5%
Domaine Jean Louis Chave Hermitage Rouge 2011 Rhone 1,488 2,452 64.8%
DRC Richebourg Grand Cru 2009 Burgundy 23,808 37,000 55.4%
Gaja, Sperss 2006 Italy 1,780 2,590 45.5%
Taittinger, Comtes de Champagne, Blanc de Blancs 2004 Champagne 880 1,250 42%
Clos Fourtet, St Emilion Grand Cru 2011 Bordeaux 755 1,070 41.7%
Tignanello 2008 Italy 936 1,299 38.8%
Domaine Jean Louis Chave Hermitage Rouge 2010 Rhone 3,684 5,100 38.4%
Tignanello 2015 Italy 856 1,150 34.3%
La Mission Haut Brion 1990 Bordeaux 5,978 7,900 32.2%

Source: Liv-ex March 2021

For more information and fine wine market news in Q1 2021 – download our 2021 Q1 MARKET REPORT  and speak to a member of our team on 0203 384 2262.