The Liv-ex Fine Wine 1000, which tracks the prices of 1,000 of the world's most sought-after wines, rose by 0.7% in Q2 2022.
This was a slower rate of growth than in previous quarters, but fine wine remains a stable investment option. In this article, we'll take a closer look at some of the key trends in the fine wine market in Q222.
Q2 2022 trends
The Burgundy 150, which tracks the prices of 150 of the most sought-after wines from Burgundy, was the best-performing sub-index of the Liv-ex Fine Wine 1000 in Q222.
This is largely due to the ongoing popularity of Burgundy wines among collectors and investors. This popularity is driven by the scarcity of Burgundy wines, as well as the region’s reputation for producing some of the world’s finest wines.
Louis Roederer, Cristal 2008 was once again the top traded wine this quarter. This wine has been a popular choice among investors in recent years, due to its consistent performance and high quality. The secondary market for this wine is very strong, and it is often traded at a premium to its release price.
Rhône and Burgundian labels led the list of best price-performers in Q222. This is not surprising, given the popularity of these wines among collectors and investors.
The Rhône region is home to some of the world’s most iconic wines, such as Châteauneuf-du-Pape and Hermitage. These wines are highly sought after by collectors and often trade at a significant premium to their release price.
Burgundy is another region that is renowned for producing high-quality wines. The most sought-after Burgundy wines are those from the Côte d’Or, such as Domaine de la Romanée-Conti and Leroy. These wines are often traded at a significant premium to their release price.
Looking to the future
Overall, the fine wine market continued to hold steady in Q222, though it rose at a slower rate than in previous quarters. This is likely due to the ongoing economic uncertainty caused by the COVID-19 pandemic.
Despite the slowdown, the Burgundy 150 was the best-performing sub-index of the Liv-ex Fine Wine 1000 in Q222. This is a positive sign for the future of the fine wine market, as Burgundy is widely considered to be one of the most important wine regions in the world.