A year into a global decline in fine wine trading the market remains volatile, though with some signs that the decline may be slowing.
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Last year, 442 wine professionals from 55 countries participated in the Gérard Basset survey, and organisers hope even more will contribute to this year’s edition.
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Sales at UK supermarkets were up 2.2% in the last four weeks compared to the same period last year boosted not only by the August Bank Holiday heatwave but also by a solid BWS and pre-mixed alcoholic drinks performance, according to Nielsen.
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Burgundy thrived, Bordeaux consolidated and wine investment proved more stable than gold, according to the Liv-ex annual summary of the 2018 market, described as “a record breaking year”.
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Burgundy has had its best trading year in a decade and is at an all-time high for 2017, according to Liv-ex, the global fine wine trading marketplace.
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