FINE WINE PRICE INDICES

APRIL 2024

Date : April 10, 2024

General decline of indices in March 2024

  • WD Bordeaux 100, the largest market index available for Bordeaux wines (100 wines over 14 vintages, 2 Billion Euros) decreased by 0.8% in March 2024, by 1.4% in 2024, and by 7.6% over the past year.
  • The WD Bordeaux 1CC of the top 10 crus saw a significant decrease of 11.8% over the year. Lafite Rothschild fell by 15% over the same period, while Carruades de Lafite dropped by 16.2%.
  • Other regions are also affected by this structural decline.
  • The level of B2B offers in the Wine Decider database reached a new record at 1.480 billion euros. 
  • Find 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 1108 1102 1211 -0.5% -1.2% -4.7% 3.2% 1.8% 2.1%  
WD Bordeaux 1CC (10 wines) 735 727 846 -1.1% -1.8% -11.8% 4.3% 2.1% 1.9%  
WD Bordeaux 100 1843 1829 2036 -0.8% -1.4% -7.6% 3.6% 1.9% 2.0%  
GBP/EUR 1.169 1.166        1.46   -0.3% 1.2% 2.6% 0.5% 0.0% -0.3%  

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 1989 1998 2189 0.5% -0.4% -6.0% 3.4% 2.0% 6.4% 10876
2004 1706 1702 1833 -0.2% -0.1% -6.6% 3.7% 2.0% 7.3% 9752
2005 2462 2443 2704 -0.8% -0.1% -6.5% 3.6% 2.4% 4.8% 22167
2006 1783 1733 1925 -2.8% -2.7% -8.5% 2.6% 1.7% 4.2% 17610
2007 1677 1647 1756 -1.8% -1.4% -5.2% 3.8% 2.3% 4.8% 9684
2008 1774 1761 1918 -0.7% -0.3% -7.1% 2.7% 2.2% 7.3% 15599
2009 2519 2488 2763 -1.2% -1.0% -6.2% 3.0% 2.2% 3.5% 35205
2010 2424 2402 2668 -0.9% -1.1% -6.8% 2.9% 2.2% 2.2% 48403
2011 1597 1581 1713 -1.0% -1.2% -6.3% 3.6% 2.7% 3.2% 36109
2012 1627 1615 1734 -0.7% -2.7% -6.1% 4.3% 3.6% 5.9% 28286
2013 1473 1464 1582 -0.6% -0.5% -5.4% 3.8% 3.0% 6.2% 20997
2014 1599 1585 1699 -0.9% -1.2% -5.9% 4.5% 3.1% 6.5% 41676
2015 1994 1991 2169 -0.2% -1.0% -6.9% 3.1% 1.8% 6.0% 54945
2016 2023 2023 2203 0.0% -1.5% -7.1% 3.6% 1.9% 5.0% 84195
2017 1554 1546 1653 -0.5% -0.7% -5.6% 3.4%   3.4% 72309
2018 1860 1839 2098 -1.1% -1.5% -9.4% 1.5%   4.9% 98006
2019 1755 1740 2153 -0.9% -1.4% -13.6%     12.3% 99423
2020 1808 1799 2050 -0.5% -3.1% -11.6%     9.7% 112825
2003-2020 Bordeaux price index*** 1868 1855 2077 -0.7% -1.4% -8.4%       818067

* 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) 229.5 229.8 254.5 0.1% -0.3% -6.4% 17.0% 10.2%    
Burgundy Grands Crus (178 wines) 384.2 382.3 394.7 -0.5% -0.1% -0.4% 15.2% 9.7%    
Burgundy DRC (12 bt case, 6 wines) 38159 38112 46147 -0.1% 1.6% -11.7% 11.6% 5.8%    
Burgundy top Grands Crus (24 wines) 1881.3 1841.6 2142.4 -2.1% -2.3% -8.3% 15.0% 7.0%    
Rhône (13 great wines) 269.7 267 290.4 -1.0% 0.9% -2.8% 4.9% 2.2%    
Champagne NV (37 wines) 33.1 32.9 33.1 -0.6% 0.3% 2.2% 7.5% 4.9%    
California (21 wines) 401.3 394.3 433.8 -1.7% -5.0% -6.4% 7.3% 2.2%    
Italy (33 wines) 197.2 198 198.1 0.4% 2.8% 1.9% 6.9% 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