FINE WINE PRICE INDICES

January 2025

Date : January 20, 2025

Global Indices Down in 2024

  • The WD Bordeaux 100, the most comprehensive market index for Bordeaux wines, encompassing 100 wines from 14 vintages (representing approximately €2 billion in value), ended 2024 with a 0.8% decline in December and an annual drop of 4.4%.
  • In Bordeaux, the five most recent deliverable vintages showed a decline greater than the average. Notably, the 2021 vintage lost 11% over the course of the year.
  • However, two categories stood out with positive performances in 2024:
    • Non-vintage champagnes from leading brands, up +3.7%
    • Top Italian wines, which achieved an impressive growth of +6.1%
  • Discover a summary of available B2B offers by region and vintage HERE.


 

Bordeaux

Bordeaux market indices Previous
month
Current
Value (€M)
Max (M€) 1 month
YTD 1 year 3 years
(per yr)
5 years
(per yr)
10 years
(per yr)
 
WD Bordeaux 90 1099 1087 1211 -1.1% 0.0% -2.5% -2.0% 1.2% 2.1%  
WD Bordeaux 1CC (10 wines) 689 687 846 -0.3% 0.0% -7.2% -4.3% 0.8% 1.8%  
WD Bordeaux 100 1788 1774 2036 -0.8% 0.0% -4.4% -2.9% 1.0% 2.0%  
GBP/EUR 1.2053 1.2048        1.46   0.0% 0.0% 4.6% 0.4% 0.5% -1.0%  

WD Bordeaux 100* price indices per vintage Previous
month
Current
Value (€M)
Max (M€) 1 month
YTD 1 year 3 years
(per yr)
5 years
(per yr)
Primeurs**
(per yr)
Offers
(k€)
2003 1944 1961 2189 0.9% 0.0% -2.2% -1.9% 2.0% 5.7% 7178
2004 1654 1646 1833 -0.5% 0.0% -3.4% -1.9% 1.3% 6.4% 5491
2005 2426 2408 2704 -0.7% 0.0% -1.5% -2.4% 2.2% 4.2% 16957
2006 1739 1733 1925 -0.3% 0.0% -2.7% -2.0% 2.0% 3.7% 9729
2007 1606 1594 1756 -0.7% 0.0% -4.6% -1.2% 1.6% 4.0% 5325
2008 1725 1701 1918 -1.4% 0.0% -3.7% -2.0% 1.3% 6.1% 10161
2009 2475 2471 2763 -0.2% 0.0% -1.7% -2.1% 2.2% 2.9% 30684
2010 2367 2364 2668 -0.1% 0.0% -2.6% -1.8% 1.8% 1.7% 32370
2011 1552 1557 1713 0.3% 0.0% -2.7% -1.1% 2.3% 2.6% 20670
2012 1582 1590 1734 0.5% 0.0% -4.2% -0.5% 2.9% 4.8% 18456
2013 1456 1447 1582 -0.6% 0.0% -1.6% -0.6% 2.5% 4.9% 11428
2014 1552 1541 1699 -0.7% 0.0% -4.0% -0.6% 2.4% 4.9% 23808
2015 1955 1953 2169 -0.1% 0.0% -2.9% -1.4% 1.4% 4.4% 35811
2016 1987 1982 2203 -0.3% 0.0% -3.5% -1.6% 1.8% 3.4% 53971
2017 1491 1492 1653 0.1% 0.0% -4.2% -1.7% 0.6% 1.9% 45265
2018 1779 1773 2098 -0.3% 0.0% -5.0% -4.5% 0.0% 2.6% 68552
2019 1654 1650 2093 -0.2% 0.0% -6.5% -2.8%   6.1% 68654
2020 1692 1691 2050 -0.1% 0.0% -8.9% -2.7%   3.1% 80237
2021 1498 1498 1808 0.0% 0.0% -11.0%       68003
2003-2020 Bordeaux price index*** 1840 1836 2092 -0.2% 0.0% -3.6% -1.8%     612750

* 100: Château Latour et Les forts de Latour are not included in our indices per vintage
** Primeurs : annualized growth of compounded vintage price since en primeurs prices (ex negociant price)
*** 2003-2020 Bordeaux price index: weighted average of each vintage value and its stock

 

BURGUNDY, RHONE and CHAMPAGNE

Region / market indices Previous
month (€)
Current
value (€)
Max value (€) 1 month
YTD 1 year 3 years (per yr) 5 years (per yr)    
Burgundy 1er crus (165 wines) 232 227.1 253.4 -2.1% 0.0% -1.4% 5.6% 10.5%    
Burgundy Grands Crus (178 wines) 383.5 386.2 394 0.7% 0.0% 0.9% 7.3% 10.0%    
Burgundy DRC (12 bt case, 6 wines) 36429 36402 46147 -0.1% 0.0% -3.0% -3.5% 5.5%    
Burgundy top Grands Crus (24 wines) 1784.5 1793.8 2142.4 0.5% 0.0% -4.8% 0.9% 7.7%    
Rhône (13 great wines) 259.9 255.9 290.1 -1.5% 0.0% -3.3% -0.9% 1.8%    
Champagne NV (37 wines) 33.8 34 34 0.6% 0.0% 3.7% 5.7% 5.8%    
California (21 wines) 392.2 407 433.8 3.8% 0.0% -1.9% 0.8% 5.9%    
Italy (33 wines) 203.4 204.4 204.4 0.5% 0.0% 6.1% 3.6% 5.4%    
                     

Explanations

WD 90 Bordeaux market index is based on the market price average (in euro) of the top 90 wines of Bordeaux. First growth Bordeaux are not included. The last 14 available vintages of each wine at any given date are included in the index calculation.
WD Bordeaux 1CC market index 1CC index is based on the market price average (in euro) of the 10 first growth (or equivalent) of Bordeaux (Angélus, Ausone, Cheval Blanc, Haut Brion, Lafite Rothschild, Latour, Margaux, Mouton Rothschild, Pavie, Petrus). The last 14 available vintages of each wine at any given date are included in the index calculation.
For example, the WD Burgundy 1er Cru index represents the evolution of the average value of 165 Burgundy crus.
The last 14 available vintages of each wine at any given date are included in the index calculation.

 

=> The list of wines included in each index