FINE WINE PRICE INDICES

NOVEMBER 2020

Date : november 10, 2020

Fifth consecutive month of price increases for great Bordeaux wines:

  • The WD Bordeaux 100, the biggest market index available for Bordeaux wines (100 wines, 14 vintages, 1.8 billion EUR) is up 0.5% in October 2020, down 1.8% year on year
  • The Premiers crus have increased (0.8%), driven by the recovery of the Chinese market
  • Except for the 2016 vintage, the prices for the great vintage Bordeaux have increased, +1.9% for the 2009, +1.2% for the 2010
  • The Bordeaux stock levels available for sale are slightly down

 

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 1003 1005 1047 0.2% -1.8% -1.1% 1.1% 0.7% 2.4%  
WD Bordeaux 1CC (10 wines) 740 746 845 0.8% -3.9% -2.7% 0.9% 0.4% 1.1%  
WD Bordeaux 100 1743 1751 1815 0.5% -2.7% -1.8% 1.0% 0.6% 1.8%  
GBP/EUR 1.103 1.103 1 0.0% -6.2% -5.0% -0.9% -4.2% -1.1%  

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)
Stock
(k€)
2003 1716 1735 1809 1.1% -2.4% -3.2% 0.8% 1.6% 6.7% 8112
2004 1487 1478 1547 -0.6% -4.3% -2.5% 1.6% 2.7% 7.9% 5891
2005 2077 2091 2186 0.7% -3.4% -3.8% 0.7% 0.5% 4.5% 27403
2006 1532 1537 1599 0.3% -2.3% -3.2% 1.0% 2.5% 4.1% 15923
2007 1426 1427 1484 0.1% -2.9% -2.9% 1.1% 3.2% 5.1% 9090
2008 1539 1525 1646 -0.9% -4.4% -3.8% 1.5% 2.7% 8.4% 10210
2009 2150 2191 2313 1.9% -1.3% -2.1% 0.4% 0.3% 3.6% 24330
2010 2110 2135 2190 1.2% -1.1% -1.4% 1.2% 0.7% 1.9% 28921
2011 1376 1376 1405 0.0% -1.1% -1.4% 2.2% 2.1% 2.8% 20837
2012 1355 1365 1387 0.7% -1.2% -0.9% 2.9% 3.5% 5.9% 19373
2013 1276 1276 1290 0.0% -0.2% -0.5% 3.1% 5.2% 6.9% 14265
2014 1338 1343 1388 0.4% -2.1% -2.7% 1.5%   7.0% 28596
2015 1749 1754 1923 0.3% -3.6% -4.5% 1.0%   7.4% 48418
2016 1776 1773 1851 -0.2% -2.0% -2.8%     5.5% 62325
2017 1387 1391 1513 0.3% -3.8% -6.6%     3.6% 50443
2003-2016 Bordeaux price index*** 1664 1672 1732 0.5% -2.4% -3.2%       374137

* 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)
*** 2003-2016 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) 140.3 138.2 143 -1.5% 0.2% -0.9% 5.1% 6.0%    
Burgundy Grands Crus (178 wines) 248 245 249 -1.2% 0.4% 2.2% 5.1% 5.5%    
Burgundy DRC (12 bt case, 6 wines) 26414 26444 44587 0.1% -38.5% -38.9% -8.3% 1.1%    
Burgundy top Grands Crus (24 wines) 1222.2 1218.1 1308.6 -0.3% -3.2% -2.2% 7.4% 9.0%    
Rhône (13 great wines) 261.3 261.6 271.5 0.1% -2.9% -2.8% 3.3% 3.6%    
Champagne NV (37 wines) 26.07 26.16 26.51 0.3% 2.5% 2.7% 1.0% 0.4%    
California (21 wines) 311.1 313 358.7 0.6% 0.0% -0.2% -1.0% 0.6%    
Italy (34 wines) 156.6 156.1 157.8 -0.3% 0.6% -1.1% 3.1% 2.3%    
                     

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 15 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 15 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