November fine wine market performance sees continued growth trend

Peter Shakeshaft Liv-ex has reported that November was one of the busiest months on record for the fine wine exchange, with the highest number of trades in a month recorded and the most members trading figure exceeded. 

Currency was not a driver of trade in November, as Sterling remained stable, and activity was influenced by continued demand for the most sought after Burgundies, the region seeing its value of trade rise to 15.9 per cent. Steady demand for Bordeaux First Growths held, despite Bordeaux’s lower market share for the month of 61.7 per cent, the lowest measure recorded to date.

INDEX LEVEL 30.11.17 M.O.M (%) YTD (%) 1 year (%) 5 year (%)
Liv-ex 50 354 0.9 5.5 5.7 19.3
Liv-ex 100 313 1.3 5.3 5.7 21.5
Liv-ex 500 315 1.2 7.4 8.5 28.4
Liv-ex 1000 334 2.8 11.3 12.5 36.2
Liv-ex Investables 341 1.0 5.5 5.7 25.1
FTSE 100 7,327 -2.2 2.6 8.0 24.9
S&P 500 2,648 2.8 18.3 20.4 87.0
Gold 943 -1.3 1.3 0.5 -11.6

Source: 30th November 2017


Liv Ex Chart 12122017


Chateau Margaux 2015



All the major Liv-ex indices rose in the month in comparison to FTSE and Gold which both saw a marginal decline. The Liv-ex 100’s 5-year performance, which included the negative period 2011 – early 2015, has climbed steadily since early 2017, increasing from 3.7 per cent in January 2017 to 21.5 per cent at the end of November.

Chateau Margaux 2015 has seen a lot of interest, since the announcement of the commemorative label for the vintage in remembrance of the late CEO, Paul Pontalier and the estate’s Norman Foster designed winery opened in that year. Following the label launch the price for the wine rose 50 per cent in one week. Its performance has always been strong, scored 98-100 points by the Wine Advocate, it was tipped very early on as wine of the vintage and has seen a previous price growth of nearly 55 per cent between its release in June 2016 to October 2017. Our November Market report comments further on the premium status of rare collectibles and Margaux 2015 will certainly command this status.