2021 has been an exciting year….
All previous records set in 2020 have been broken and surpassed in 2021, marking the most successful year ever for the secondary fine wine market.
Fine wine trading continually broke new ground in terms of the value of wine traded and the sheer breadth of wines now active in the market. Liv-ex Fine Wine 100 index, the industry benchmark (tracks the price performance of 100 most-traded wines in the secondary market), reclaimed and then exceeded its decade-old former peak, while the Liv-ex Fine Wine 1000 rose for 18 consecutive months.
Fine wine collectors returned in force to both classic labels and regions, even as the market base continued to broaden and diversify.
The recent publication of the 2021 Liv-ex Power 100 report explains many of the reasons behind this year’s results. After a challenging start to 2020, the impetus from the latter half of last year continued, unabated, throughout this year.
Key findings in the report:
- 2021 sets new records for secondary market trade.
- Fine Wine outperforms FTSE100 and gold.
- Champagne is the top-performing region.
- Burgundy’s share of trade hits a new high.
- Bordeaux trade dips but First Growth share rises.
- Blue-chip labels rule the roost though the market continues to diversify.
Link to the full report with charts:
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