Dom Pérignon 2013 was the most traded wine in both volume and value on Liv-ex’s global marketplace for the trade in the three months to the end of September.
The Champagne’s market price has dipped slightly, however, to £1,700 per 12-bottle case in bond, versus £1,830 at the end of May, Liv-ex said in a new market report covering the third quarter of 2023 (Q3).
Risk-averse market
Whilst prices vary and its figures are only one indicator of market performance, Liv-ex’s data suggested the fine wine sector continued to be largely subdued going into the final months of the year, despite showing ‘pockets of strength’.
Both the headline Liv-ex 100 and Liv-ex 1000 indices were down by around 10% in the first nine months of 2023, although they were still up 19% over five years.
Justin Gibbs, Liv-ex deputy chairman and exchange director, said, ‘Despite being a year into the market downturn the market headwinds have not abated. Quite the opposite. With Chinese demand sidelined and higher interest rates weighing on stock holding strategies, both at the merchant and collector level, risk aversion remains pervasive.
‘This said, fine wine has always been a (relatively) steady ship in a storm and recent trade dynamics suggest some are beginning to sniff an opportunity. But the momentum, for now, remains with the bears.’
Most traded wines on Liv-ex 
Credit: Liv-ex Q3 market report.
Five of the most traded wines in
