FINE WINE PRICE INDICES
November 2023
Date : November 9, 2023
- Bordeaux:
- WD Bordeaux 100, the biggest market index available for Bordeaux wines (100 wines, 14 vintages, 2 Billion Euros) is down 1.5% in September 2023 and down 5.7% over 1 year.
- WD Bordeaux 1CC, the 10 first growths (or equivalent) of Bordeaux, is down 1.6% and down 7.9% this year.
- No vintage escapes this downward trend.
- Addition of the 2020 vintage to the vintage analysis table.
- No index is spared from this price decline, a consequence of trading volumes well below normal.
- Champagne (and the top brands non-vintage cuvées) is no longer an exception, experiencing a 0.4% decrease in one month.
- Find a summary of available offers by region and vintage HERE.
Bordeaux
| Bordeaux market indices | Previous month |
Current Value (€M) |
Max (M€) | 1 month |
YTD | 1 year | 3 years (per yr) |
5 years (per yr) |
10 years (per yr) |
|
| WD Bordeaux 90 | 1132 | 1115 | 1170 | -1.5% | -3.2% | -3.7% | 3.2% | 2.0% | 2.2% | |
|---|---|---|---|---|---|---|---|---|---|---|
| WD Bordeaux 1CC (10 wines) | 773 | 761 | 846 | -1.6% | -7.9% | -8.4% | 5.9% | 3.0% | 2.2% | |
| WD Bordeaux 100 | 1905 | 1876 | 2016 | -1.5% | -5.2% | -5.7% | 4.3% | 2.4% | 2.2% | |
| GBP/EUR | 1.158 | 1.148 | 1.48 | -0.9% | 0.9% | 0.1% | 1.3% | 0.4% | -0.4% | |
|
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| WD Bordeaux 100* price indices per vintage | Previous month |
Current Value (€M) |
Max (M€) | 1 month |
YTD | 1 year | 3 years (per yr) |
5 years (per yr) |
Primeurs** (per yr) |
Offers (k€) |
| 2003 | 2056 | 2019 | 2189 | -1.8% | -4.9% | -6.0% | 4.9% | 2.6% | 6.4% | 12519 |
| 2004 | 1724 | 1719 | 1833 | -0.3% | -4.9% | -5.9% | 4.8% | 2.7% | 7.4% | 10968 |
| 2005 | 2513 | 2477 | 2704 | -1.4% | -5.6% | -6.8% | 5.5% | 3.1% | 4.9% | 31700 |
| 2006 | 1835 | 1793 | 1925 | -2.3% | -5.4% | -6.4% | 4.7% | 2.8% | 4.4% | 23572 |
| 2007 | 1701 | 1685 | 1756 | -0.9% | -2.3% | -2.9% | 5.5% | 3.1% | 5.0% | 12861 |
| 2008 | 1815 | 1804 | 1918 | -0.6% | -4.1% | -5.3% | 5.0% | 3.1% | 7.5% | 15107 |
| 2009 | 2555 | 2515 | 2763 | -1.6% | -5.6% | -7.3% | 4.8% | 2.8% | 3.5% | 37756 |
| 2010 | 2498 | 2447 | 2668 | -2.0% | -5.8% | -7.0% | 4.6% | 3.0% | 2.3% | 57948 |
| 2011 | 1633 | 1621 | 1713 | -0.7% | -3.5% | -4.9% | 5.6% | 3.5% | 3.5% | 40685 |
| 2012 | 1677 | 1665 | 1734 | -0.7% | -2.6% | -3.2% | 6.8% | 4.5% | 6.3% | 33811 |
| 2013 | 1522 | 1507 | 1582 | -1.0% | -2.3% | -2.2% | 5.7% | 3.8% | 6.5% | 22596 |
| 2014 | 1641 | 1620 | 1699 | -1.3% | -3.0% | -4.0% | 6.3% | 3.7% | 6.8% | 49475 |
| 2015 | 2050 | 2019 | 2169 | -1.5% | -5.3% | -5.9% | 4.7% | 1.7% | 6.2% | 62261 |
| 2016 | 2078 | 2050 | 2203 | -1.3% | -5.6% | -6.6% | 4.7% | 2.5% | 5.2% | 91986 |
| 2017 | 1598 | 1572 | 1653 | -1.6% | -3.6% | -3.8% | 4.3% | 3.8% | 94596 | |
| 2018 | 1934 | 1899 | 2098 | -1.8% | -6.8% | -8.7% | 2.5% | 5.8% | 113442 | |
| 2019 | 1859 | 1828 | 2153 | -1.7% | -9.4% | -11.2% | 14.2% | 110590 | ||
| 2020 | 1921 | 1887 | 2050 | -1.8% | -5.7% | -3.8% | 12.3% | 113326 | ||
| 2003-2020 Bordeaux price index*** | 1935 | 1905 | 2074 | -1.6% | -5.6% | -7.5% | 935199 | |||
* 100: Château Latour et Les forts de Latour are not included in our indices per vintage
BURGUNDY, RHONE and CHAMPAGNE |
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| Region / market indices | Previous month (€) |
Current value (€) |
Max value (€) | 1 month |
YTD | 1 year | 3 years (per yr) | 5 years (per yr) | ||
| Burgundy 1er crus (165 wines) | 234.6 | 234.9 | 242.2 | 0.1% | -2.7% | -2.3% | 18.8% | 12.0% | ||
| Burgundy Grands Crus (178 wines) | 396 | 392 | 401 | -1.0% | 0.0% | -1.5% | 17.3% | 13.2% | ||
| Burgundy DRC (12 bt case, 6 wines) | 41185 | 40470 | 47106 | -1.7% | -8.7% | -12.7% | 15.3% | 7.4% | ||
| Burgundy top Grands Crus (24 wines) | 1985 | 1951.1 | 2145.7 | -1.7% | -5.6% | -7.8% | 17.4% | 9.1% | ||
| Rhône (13 great wines) | 263.7 | 262.7 | 280.3 | -0.4% | -4.3% | -6.3% | 5.1% | 1.9% | ||
| Champagne NV (37 wines) | 32.89 | 32.77 | 32.89 | -0.4% | 4.1% | 5.3% | 7.4% | 5.0% | ||
| California (21 wines) | 417.1 | 416 | 442.2 | -0.3% | 0.1% | -4.7% | 10.5% | 4.5% | ||
| Italy (33 wines) | 194.7 | 193.2 | 195.5 | -0.8% | 1.4% | 0.5% | 7.7% | 5.2% | ||
Explanations
WD 90 Bordeaux market index is based on the market price average (in euro) of the top 90 wines of Bordeaux. First growth Bordeaux are not included. The last 14 available vintages of each wine at any given date are included in the index calculation.
WD Bordeaux 1CC market index 1CC index is based on the market price average (in euro) of the 10 first growth (or equivalent) of Bordeaux (Angélus, Ausone, Cheval Blanc, Haut Brion, Lafite Rothschild, Latour, Margaux, Mouton Rothschild, Pavie, Petrus). The last 14 available vintages of each wine at any given date are included in the index calculation.
For example, the WD Burgundy 1er Cru index represents the evolution of the average value of 165 Burgundy crus.
The last 14 available vintages of each wine at any given date are included in the index calculation.
=> The list of wines included in each index