{"api":{"host":"https:\/\/pinot.decanter.com","authorization":"Bearer NjEyMzE2Yzk0ODNhYzFjZTY0NWRkNzViMWVjYmZiNzFhYTIyZjEyYjA1NWMxOGQ0NmVkNDlmYzk1ZjVjYjI4NQ","version":"2.0"},"piano":{"sandbox":"false","aid":"6qv8OniKQO","rid":"RJXC8OC","offerId":"OFPHMJWYB8UK","offerTemplateId":"OFPHMJWYB8UK","wcTemplateId":"OTOW5EUWVZ4B"}}

PREMIUM

Wine investment: Reality check for fine wine in 2023

Fine wine prices have fallen back in 2023 following a period of strong gains, suggests market data, even if some auction houses have reported solid buyer demand.

It’s been a relatively subdued year for the fine wine secondary market. Key indices at Liv-ex, a global marketplace for the trade, were down in the first 10 months of 2023. The Liv-ex Fine Wine 1000 index dropped 11.7% in 10 months to 31 October, amid declines across most regional sub-indices, including: Rhône 100 (-18%), Champagne 50 (-15%), Burgundy 150 (-14%), Bordeaux 500 (-9%) and Italy 100 (-6%).


Related articles

New: Top-traded fine wines on Liv-ex in ‘challenging’ 2023

Build a Bordeaux cellar on a budget: Top tips for smarter buying

Wine investment: Bordeaux 2022 update

Latest Wine News