Our Q4 2023 report has now been released. The report offers a comprehensive overview of the fine wine market in the last quarter and a forward-looking perspective for 2024. In a landscape marked by correction and repositioning, it delves into the dynamic interplay of market forces, unveiling both challenges and opportunities for investors.
Report highlights:
- The fine wine market is navigating 2024 amidst a correction phase, presenting a chance for strategic repositioning.
- Fine wine prices (Liv-ex 100 index) experienced a 4.2% decline in Q4, reflective of market adjustments amid global economic uncertainties.
- Increased risk aversion has redirected focus to classic wines and regions, with Bordeaux emerging as a standout beneficiary.
- Bordeaux’s resurgence, driven by liquidity and a solid reputation, underscores the market’s adaptability to changing dynamics.
- The upcoming high-volume Burgundy and Bordeaux En Primeur campaigns present opportunities for strategic investment, with pricing strategies holding the key to success.
- Investors, seeking value and consistency, anticipate potential opportunities in the evolving landscape.
- As an improving asset in diminishing supply, their emphasis should remain on long-term gains.
Click below to download your free copy of our quarterly investment report.