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%  

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
** Primeurs : annualized growth of compounded vintage price since en primeurs prices (ex negociant price)
*** 2003-2020 Bordeaux price index: weighted average of each vintage value and its stock

 

BURGUNDY, RHONE and CHAMPAGNE

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