In a dynamic week for fine wine trading, Screaming Eagle 2021 and top Tuscan producers dominated the market, reshaping regional trade shares and highlighting notable trends.
Screaming Eagle 2021: Reigning Champion
The release of Screaming Eagle 2021 sparked fervent demand, propelling the USA's regional trade share by value to 16.0%. Priced at GBP 27,600 (EUR 32,244) per 12×75, this vintage garnered attention as the most traded wine by value. Known for its exceptional quality, the 2021 received acclaim with a score range of 98-100 points from Antonio Galloni, reinforcing its allure among collectors and investors alike.
Tuscany's Rise: Sassicaia 2020 Leads
Tuscany also made significant strides, increasing its trade share to 14.7% driven by standout performances from iconic estates like Tenuta San Guido. Sassicaia 2020 emerged as the top-traded wine by volume, commanding GBP 2,200 (EUR 2,570) per case. This Super Tuscan exemplifies the region's prowess in producing wines that capture global attention and command premium prices in the market.
Market Dynamics: Shifts and Declines
While the USA and Tuscany flourished, other regions experienced declines in their trade shares. The Rhône region saw its share decrease from 4.5% to 2.5%, reflecting a challenging week. Burgundy also faced a notable drop from 23.9% to 13.1%, despite notable mentions like Domaines Leflaive, Mâcon Verzé 2022 among the top-traded wines by volume.
Top-Traded Wines Beyond the Headliners
Alongside Screaming Eagle and Sassicaia, Tignanello 2020 emerged with a notable presence, traded at GBP 1,182 (EUR 1,380) per 12×75. This release marked a 23% increase from its 2019 counterpart, underlining strong market interest in premium Super Tuscans. Bordeaux classics like Château Lafite Rothschild 2019 and Château Margaux 1996 also captivated buyers, offering compelling value propositions against market benchmarks.
Bordeaux Strengthens Presence
Further reinforcing Bordeaux's appeal, Château Lafite Rothschild 2019 traded at GBP 5,352 (EUR 6,253) per 12×75, demonstrating consistent interest below its market price. Château Giscours 2019 and Château Calon Segur 2019 also contributed to Bordeaux's robust showing among top-traded wines by volume.
Spirits in Focus: Macallan and Tesseron
In the spirits sector, Macallan's Highland Single Malt Exceptional Single Cask European Oak Sherry Hogshead ESH-2340/04 Bottled 2018 traded at GBP 2,155 (EUR 2,518) per bottle. Tesseron's Lot 29 Exception XO Grande Champagne Cognac followed closely at GBP 298 (EUR 348) per bottle, highlighting ongoing interest in premium spirits offerings.
Conclusion
This week's trading activities underscored the resilience and diversity of the fine wine and spirits markets. With Screaming Eagle and top Tuscan wines leading the charge, alongside strong showings from Bordeaux and premium spirits, the market continues to evolve amidst shifting regional dynamics and investor preferences.
As collectors and investors navigate opportunities, the spotlight remains on quality, provenance, and market dynamics, shaping future trends and investment strategies within the global fine wine and spirits arena.
Source: Liv-ex