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Allegrini 2024

THE FINE WINE MARKET IS NO LONGER BORDEAUX-DEPENDENT, SAYS LIV-EX, THE WINE STOCK EXCHANGE INDEX THAT HAS LAUNCHED "FINE WINE 1000", WINES OF BURGUNDY, CHAMPAGNE, RHONE AND ABOVE ALL ITALY, FROM GAJA TO MASSETO

For the past few years, the fine wine market is no longer just about the premiere cru of Bordeaux, because excellence cannot be the exclusivity of a single terroir, as many who have heavily invested in the market have learned and as Liv-ex, the index of the “wine stock exchange” of the wine world's most important wines has widely certified. Liv-ex was created in 2001, and since then has experienced numerous transformations. At the beginning the "Fine Wine 100" monitored the performances of the main wines, almost exclusively Bordeaux, while today the new "Fine Wine 1000" tells about an increasingly broad market.
So, alongside the best Bordeaux wines from Haut Brion to Lafite Rothschild, Yquem, Cheval Blanc and the Bordeaux Legends, from Angelus to Petrus, other wines are making their way, like Burgundy wines, Domaine de la Romanee Conti first of all, Champagnes from Moet & Chandon to Philipponnat, Rhone Valley. And, especially Italian wines, the only non-French ones that can boast a index dedicated solely to them, "Italy 100", which takes into account the last 10 years of the 10 wines that have been able to animate the fine wine market: 5 Supertuscans - Masseto, Ornellaia, Sassicaia, Tignanello and Solaia - plus Barbaresco and Langhe Sori Tildin by Gaja, Barolo Le Vigne by Luciano Sandrone, and two more Tuscans, Messorio delle Macchiole and Redigaffi by Tua Rita.
The five wines of the "Rest of the World 50" round out the "Fine Wine 1000", proving that it was necessary “to reflect the change taking place in the wine market”, James Miles the manager of Liv-Ex, explained to The Drinks Business, “also through our index, which now represents the new balance. Before Bordeaux weighed for 92% of trading, today this figure, while still the majority is reduced to 80% in favor of other regions such as Burgundy, Champagne and Italy, which in 2013 marked historical records, with increases in value of 8 to 9%. "And for those who believe that it is a niche, it is important to remember that the turnover of these 100 wines is 4 billion Euros a year.
Info
: www.liv-ex.com

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