Allegrini 2024

The world market of fine wines has never been so rich

The total supply and demand has never been so high: doubled in 3 years. All the most important indexes are growing, including Italy 100
Non conosce crisi il mercato dei fine wine

The fine wine market knows no crisis. Following the first half of 2018, which was outstanding for the big auction houses, and the two bottles of Romanée-Conti 1945, sold at record prices by Sotheby’s in New York in October, for 496.000 and 558.000 dollars, the Liv- Ex market benchmark on the London platform explains the “exposure” (the total value of supply and demand) exceeded 50 million pounds, i.e., twice as much as 3 years ago. This growth is due to the fact that the market is expanding, both in terms of enthusiasts as well as in terms of offers (for example, the launch of the new index dedicated to Port, “Port 50”, is imminent). Furthermore, all the main indices have been growing since the beginning of the year. In 2018, Liv-Ex 1000 (September figure) has earned 9.03%, and Burgundy 150 went up to 23.9%. Italy 100 is also booming, at + 5%, since the beginning of the year, which is the index that takes into consideration the last 10 physical years of the five big “Supertuscans” (Masseto, Ornellaia, Sassicaia of Tenuta San Guido, and Solaia and Tignanello by Antinori) as well as five other big names of Italian wine (Barbaresco and Sorì San Lorenzo by Gaja, Barolo Cascina Francia by Giacomo Conterno, Redigaffi by Tua Rita and Guado al Tasso by Antinori).

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