Cont

Have any Questions?

Www.Distillery.Sale

May 30, 2022 View:

Liv-ex releases list of Asia's most traded wines this year

The London International Wine Exchange Liv-ex has recently released its list of the most traded wines in Asia (by volume) so far this year.

Photo courtesy of: Le Wine Guest

The list shows that Bordeaux, which has a large global following, is particularly popular with Chinese buyers. Of the 20 wines on the list, 15 are from Bordeaux, 13 of which are from the Rothschild and Baron Rothschild groups, including Chateau Lafite Rothschild, Carruades de Lafite and Mouton Rothschild.

In fact, the California winery on the list, Opus one, is also associated with Mouton Rothschild*.

*Note: Château Opus 1 was founded by Baron Philippe de Rothschild, owner of Mouton Rothschild, and Robert Mondavi, a pioneering figure in California winemaking.

Château Lafite not only topped the list on its own, but also contracted the top four seats.

Bordeaux dominates

The four highest priced wines on the list were: Lafite 2016, 2017, 2014 and 2010, while the other vintages on Lafite"s list were: 2008, 2013, 2009 and 2017 Vice-Little Lafite.

Meanwhile, the best-selling Mouton Rothschild wines in Asia so far this year are all pre-2010s, with 2005 trading the most (sixth in the ranking), followed by 2008, 2006, 2002 and 2003 respectively.

Many of these wines are priced under £5,000 a dozen and are currently at the end of their drinking period, making them a smart deal.

The non-Rothschild Bordeaux wines on the list are Latour 2004 and Pichon Baron 2015.

Best-selling wines outside Bordeaux

In terms of number of transactions, the most active were white Burgundy, Châteauneuf-du-Pape and Brunello di Montalcino wines.

In terms of volume, some new entrants from Italy, the United States and Champagne were among the top 20 best-selling wines.

Particularly noteworthy is the popularity of older, ready-to-drink vintages;

As the market continues to diversify, Asian vintners are also increasingly attracted to wines from Italy, Champagne and other wine regions of the world (where market share hit a record high in August this year). Sassicaia Sassicaia, Opus One and Cristal Cristal also made the list of the top 20 wines in Asia in terms of total value traded.

Steady demand for premium wines in Asia

Liv-ex says this year's Chinese Mid-Autumn Festival falls on October 1. Traditionally, demand for premium wines in Asia increases every year in the weeks leading up to this holiday: from Mouton 2008 with its moon label to great wines paired with mooncakes.

Despite the vagaries and breakthroughs of 2020 Asia is the first region to implement and end the Covid-19 closure, but the demand for premium wines in the region has remained steady.