Our Q3 2023 report has now been released. The report examines mainstream market performance, the best buying opportunities in fine wine, releases from La Place de Bordeaux and the latest industry news.
Report highlights:
- Investors leaned towards liquid assets like cash amidst the struggle between the Federal Reserve and inflation, contributing to an environment steeped in risk and uncertainty.
- Q3 witnessed a marked slowdown and potential bottoming out of fine wine prices, with the Liv-ex 100 index showing modest signs of recovery.
- The fine wine market morphed into a buyer’s market due to stock availability and dipping prices, especially visible in regions like Champagne.
- The La Place de Bordeaux campaign, amidst an eleven-month market decline and global economic uncertainties, mirrored the earlier En Primeur campaign in its inability to energise the market, with offerings often misaligned with trade expectations.
- Wines like Almaviva 2021 and Masseto 2020 stood out, providing relative value for money and showcasing a strong price performance history.
- Investors should be looking at ‘pockets of opportunity’ where there is brand strength, value and liquidity.
- Demand is likely to pick up in Q4 with Christmas around the corner and exciting vintage releases on the horizon.
Click below to download your free copy of our quarterly investment report.
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