FINE WINE PRICE INDICES

January 2026

Date : January 15, 2026

Bordeaux Wine Market Review 2025: A Year of Decline Despite December Rebound

The year 2025 ended with an overall 10% drop in wine market indices, despite a slight price recovery in December.

  • Bordeaux
    • The Bordeaux WD Bordeaux 100 index, which tracks 100 of the region’s most representative wines across 14 vintages, posted a 0.9% increase in December 2025. However, it fell by 7.6% over the year and recorded an average annual decline of 5.8% over the past three years. Its value stands at €1.639 billion, far below its September 2022 peak of €2.026 billion.
    • First Growths, which had returned to their 2015 price levels in 2025, saw a 8.13% drop in value over the year of 2025.
  • Discover a summary of available B2B 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 1015 1016 1210 0.1% 0.0% -7.2% -5.3% -0.2% 0.5%  
WD Bordeaux 1CC (10 wines) 619 623 817 0.6% 0.0% -9.4% -8.5% -0.7% -0.2%  
WD Bordeaux 100 1634 1639 2026 0.3% 0.0% -8.1% -6.5% -0.4% 0.2%  
GBP/EUR 1.1431 1.1527        1.46   0.8% 0.0% -4.3% 0.4% 0.7% -1.7%  

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 1807 1805 2189 -0.1% 0.0% -8.0% -5.3% 0.3% 5.0% 7824
2004 1550 1543 1833 -0.5% 0.0% -6.3% -5.1% 0.6% 5.8% 4537
2005 2298 2291 2704 -0.3% 0.0% -4.9% -4.4% 1.4% 3.7% 15083
2006 1589 1593 1925 0.3% 0.0% -8.1% -5.6% 0.3% 3.0% 11026
2007 1495 1478 1756 -1.1% 0.0% -7.3% -5.0% 0.5% 3.4% 5967
2008 1593 1596 1918 0.2% 0.0% -6.2% -5.3% 0.4% 5.4% 7562
2009 2296 2296 2763 0.0% 0.0% -7.1% -4.8% 0.8% 2.3% 19125
2010 2196 2225 2668 1.3% 0.0% -5.9% -5.0% 0.5% 1.2% 27429
2011 1444 1450 1713 0.4% 0.0% -6.9% -4.8% 0.9% 1.9% 21246
2012 1454 1463 1734 0.6% 0.0% -8.0% -5.1% 1.1% 3.7% 18137
2013 1311 1314 1582 0.2% 0.0% -9.2% -5.2% 0.5% 3.7% 13103
2014 1421 1433 1699 0.8% 0.0% -7.0% -5.0% 1.1% 3.7% 27366
2015 1818 1832 2169 0.8% 0.0% -6.2% -4.9% 0.6% 3.3% 30552
2016 1843 1887 2203 2.4% 0.0% -4.8% -4.6% 1.0% 2.4% 43341
2017 1361 1371 1653 0.7% 0.0% -8.1% -5.6% -0.3% 0.5% 40967
2018 1572 1584 2098 0.8% 0.0% -10.7% -8.0% -2.4% 0.6% 53050
2019 1484 1508 2093 1.6% 0.0% -8.6% -9.3%   3.4% 50173
2020 1523 1527 2050 0.3% 0.0% -9.7% -8.6%   0.4% 63036
2021 1322 1335 1808 1.0% 0.0% -10.9%     -2.3% 57078
2022 1849 1839 2173 -0.5% 0.0% -8.6%     1.6% 59972
2003-2022 Bordeaux price index*** 1666 1681 2064 0.9% 0.0% -8.4% -6.3%     516602

* 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)
*** 2003-2022 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) 207.2 205.5 253.4 -0.8% 0.0% -9.5% -6.7% 7.2%    
Burgundy Grands Crus (178 wines) 352.2 357.8 394.5 1.6% 0.0% -7.7% -3.1% 7.9%    
Burgundy DRC (12 bt case, 6 wines) 32811 32377 46147 -1.3% 0.0% -11.1% -11.1% 3.9%    
Burgundy top Grands Crus (24 wines) 1563.6 1568 2142.4 0.3% 0.0% -12.6% -9.9% 5.3%    
Rhône (13 great wines) 234.1 234 290.1 0.0% 0.0% -8.6% -6.6% 0.5%    
Champagne NV (37 wines) 38.6 38.9 41.3 0.8% 0.0% -5.6% -0.6% 4.2%    
California (21 wines) 336.9 334 445.1 -0.9% 0.0% -17.9% -8.9% 1.5%    
Italy (33 wines) 188.6 190.6 204.7 1.1% 0.0% -6.8% -0.7% 3.4%    
                     

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