Liv-ex, has reported that USA fine wines have more than doubled their share of trade value on the exchange compared to 2019.
Whilst the broadest measure of the market, the Liv-ex Fine Wine 1000 rose 0.09% in August following four months of gains, the Champagne 50 is currently the best performing regional sub-index.
Following its third consecutive month of gains, the fine wine market continues its upward growth trend with July seeing an increase of 0.54% on the Liv-ex 1000; but, where are we seeing the growth in this broadening market?
Whilst reports suggest Italy, Spain and the Rhone had the largest growth in wines traded on Liv-ex this year so far – up 154%, 153% and 127% respectively from their January 2020 levels, Bordeaux remains the market leader.
Will it be a ‘V’, a ‘U’, or more of a swoosh – like a ‘Nike tick’ – what form will the UK economic recovery take over the coming months or years? Currently the Holy Grail question!
Figures released by the Office of National Statistics on the morning of the 12th August 2020 make it official – the UK is in recession for the first time in 11 years.
In times of economic uncertainty investors traditionally turn to safe havens with Gold the classic ‘go-to’, but it is important to note that Gold’s 14% 1H 2020 growth is matched by the top performing fine wines.
It’s National Wine Day and as a nation of wine lovers it seems churlish not to raise a glass on a sunny Bank Holiday Monday to celebrate. In fact, to make it even more special we are offering the chance to win a magnum (1.5l) of the ‘original Prestige Rosé super star’– Chateau D’Esclans’ Whispering […]
With a backdrop of floundering financial markets and growing economic uncertainty investors are looking at tangible assets and US investment wines are an important target. Liv-ex reports today on the robust performance of US fine wines on the exchange and that top Napa brands have seen their trade share by value on Liv-ex rise to […]
CUMULATIVELY FINE WINE IS THE TOP PERFORMING ASSET OVER FIVE YEARS. March has been the real critical impact month outside of Asia in the current pandemic and the first period where we can start to analyse fine wine data and the impact of Covid-19 at this still relatively early stage. PERFORMANCE Liv-ex’s April 2020 Market […]