FINE WINE PRICE INDICES

AUGUST 2021

Date : August 1, 2021

Since the beginning of the year, Bordeaux is up +9%, Rhône +10% and Burgundy +15%!

  • Bordeaux
    • WD Bordeaux 100, the biggest market index available for Bordeaux wines (100 wines, 14 vintages, 1.8 billion€), rose 1.2% in May 2021 and 4.7% since the beginning on the year.
    • The record for the WD Bordeaux 100 index of February 2020 (1,698 M€) has almost been reached.
    • All the vintages have increased in 2021, especially 2005 (+6.2%) et 2009 (+7.1%).
  • Burgundy: although more disparate and despite a slight decline in the DRC index, Burgundy is also on the rise in 2021, up 7%.
  • Rhone: the Rhone index (235.2) is up 1.4% over 1 month and close to the December 2018 record (239.3).
  • The great wines of Italy and California have followed the same upward trend since the beginning of the year with respective increases of 5.9% and 4%.


 

Bordeaux

 

Bordeaux market indices Previous
month
Current
Value (€M)
Max (M€) 2 month
YTD 1 year 3 years
(per yr)
5 years
(per yr)
10 years
(per yr)
 
WD Bordeaux 90 1025 1068 1068 4.2% 8.2% 7.3% 2.0% 3.5% 2.0%  
WD Bordeaux 1CC (10 wines) 669 702 730 4.9% 11.3% 11.6% 2.2% 4.6% -0.4%  
WD Bordeaux 100 1694 1770 1770 4.5% 9.4% 9.0% 2.1% 3.9% 1.0%  
GBP/EUR 1.164 1.172 1 0.7% 5.4% 5.7% 1.3% -2.3% -0.5%  

WD Bordeaux 100* price indices per vintage Previous
month
Current
Value (€M)
Max (M€) 2 month
YTD 1 year 3 years
(per yr)
5 years
(per yr)
Primeurs**
(per yr)
Offers
(k€)
2003 1816 1927 1927 6.1% 8.6% 10.9% 2.8% 3.8% 6.9% 9753
2004 1538 1612 1612 4.8% 7.5% 8.1% 2.2% 4.2% 7.9% 5462
2005 2266 2377 2377 4.9% 11.4% 13.3% 4.0% 3.8% 5.2% 27315
2006 1641 1702 1702 3.7% 8.5% 9.9% 3.1% 4.5% 4.6% 15536
2007 1501 1554 1554 3.5% 7.7% 9.0% 2.7% 4.9% 5.1% 8251
2008 1624 1682 1682 3.6% 7.5% 8.7% 3.0% 4.9% 8.2% 8434
2009 2359 2460 2460 4.3% 11.7% 13.2% 3.7% 3.1% 4.0% 25980
2010 2277 2355 2355 3.4% 8.7% 11.9% 3.7% 3.4% 2.4% 26964
2011 1445 1495 1495 3.5% 7.9% 9.0% 3.5% 3.8% 3.3% 14116
2012 1446 1501 1501 3.8% 8.6% 10.4% 4.4% 4.9% 6.5% 14810
2013 1324 1386 1386 4.7% 7.9% 9.5% 4.2% 5.4% 7.2% 9272
2014 1415 1477 1477 4.4% 8.8% 9.0% 3.3% 6.0% 7.5% 21355
2015 1876 1958 1958 4.4% 10.3% 11.9% 0.6%   8.2% 39638
2016 1870 1967 1967 5.2% 9.8% 10.3% 3.2%   6.8% 47518
2017 1425 1483 1513 4.1% 6.6% 3.2%     4.3% 35233
2018 1895 1994 1994 5.2% 11.2% 16.1%     14.6% 45441
2003-2018 Bordeaux price index*** 1818 1901 1904 4.6% 9.6% 10.7%       309637

* 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)
*** 2003-2018 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 (€) 2 month
YTD 1 year 3 years (per yr) 5 years (per yr)    
Burgundy 1er crus (165 wines) 148.6 157.4 157.4 5.9% 15.3% 14.2% 7.7% 9.2%    
Burgundy Grands Crus (178 wines) 254 269 269 5.9% 11.2% 9.3% 6.7% 7.8%    
Burgundy DRC (12 bt case, 6 wines) 27064 31010 31010 14.6% 21.0% 14.0% 6.7% 11.8%    
Burgundy top Grands Crus (24 wines) 1245.7 1364.1 1364.1 9.5% 18.2% 10.1% 6.5% 11.6%    
Rhône (13 great wines) 235.2 245 245 4.2% 9.9% 9.4% 1.6% 3.2%    
Champagne NV (37 wines) 26.22 27.84 27.84 6.2% 5.8% 7.5% 1.6% 1.7%    
California (21 wines) 323 354.2 358.7 9.7% 16.1% 11.7% -0.4% 3.8%    
Italy (33 wines) 163.7 172.6 172.6 5.4% 9.7% 12.6% 5.3% 5.5%    
                     

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